Feb 27, 2013 8:55 AM ET
AB Inbev fiscal net climbed 24% and EADS net surged 19%. Centrica net surged more than two-fold and Henderson net jumped nearly three-fold. Restaurant Group profit for the year advanced 6% and Weir net increased 6% to €315.7 million.
Feb 27, 2013 8:22 AM ET
Australian indexes gained higher and the dollar declined to a new low in the year. Resource companies and banks led the gainers. Investors appeared cautious for the current year earnings after corporations met or exceeded expectations in the current earnings season.
Feb 27, 2013 8:21 AM ET
Bata India fourth quarter net climbed 13% and Bosch net declined 39%. Jet Airways surged 19% as the expectations of a deal with Etihad Airways rose. NTPC plan to invest $2.4 billion in power and mining plants. Suzlon Energy wins order for 102.9 mega watt project from ONGC.
Feb 26, 2013 5:16 PM ET
Stocks on Wall Street closed higher after housing market reports showed another month of improving data and consumer confidence gained. Markets in Europe fell sharply after Italian general elections failed to deliver a governing majority to a single party.
Feb 26, 2013 11:39 AM ET
Stocks on Wall Street rebounded after latest data on housing market showed an improvement and consumer confidence also jumped to the level last seen in November. Earnings from Home Depot and Macy’s also contributed to positive sentiment.
Feb 26, 2013 10:44 AM ET
European markets declined after fears of euro zone crisis resurfaced. Italian general election led to a hung parliament as voters reject austerity of 15 months under Prime Minister Mario Monti.
Feb 26, 2013 10:12 AM ET
American Tower fourth quarter net plunged 34% and AutoZone second quarter net climbed 6%. Macy’s fourth quarter net fell 2% and Saks net plunged 45%. Home Depot net surged 32% and Tenet Healthcare net swung to a $45 million profit.
Feb 26, 2013 9:52 AM ET
Stocks in Tokyo dropped and the yen advanced against the euro and the dollar after Italy headed for a hung parliament. Japan Tobacco eased 0.7% after the government filed to lower its stake to raise as much as $10 billion.
Feb 26, 2013 9:28 AM ET
Australian stocks closed higher but pared gains after the spot iron ore price declined 1.1% despite the port closures in Western Australia. QBE reported full-year net increased 8%. Flight Center reported record first half net with an increase of 13%. Ramsay Health Care net rose 10%.
Feb 26, 2013 8:52 AM ET
Blue Dart fourth quarter net jumped 101%. Kalindee Rail extends losses ahead of railway budget. Pantaloon net swung to a loss and Ranbaxy quarterly loss narrowed. Sanofi India net jumped 24%. Kingfisher relinquishes international flight rights.