Feb 26, 2013 8:40 AM ET
BASF fourth quarter net declined 13.4% and for the year net plunged 21%. Pandora plans to buy back 700 million kroner of shares this year. Vivendi earnings for the year tumbled 94%.
Feb 25, 2013 11:27 AM ET
U.S. stocks extended global market advance after Italian elections are expected to deliver outcome favored by investors and Japan is likely to appoint the next head of central bank who prefers easier monetary policy. 2010 Gulf of Mexico oil spill trial began today against BP Plc.
Feb 25, 2013 10:37 AM ET
Stocks across Europe soared and banks in Italy jumped more than 3% after early exit polls indicated results favored by markets. 2010 Gulf of Mexico oil spill trial against the BP Plc began in the U.S. and the company is also engaged in settlement talks with state governments.
Feb 25, 2013 10:31 AM ET
Dillard''s fourth quarter net soared 14%. Elan Corp proposal of Royalty Management not lead to entire share capital of the company. FirstEnergy net swung to a $148 million loss and Lowe’s net soared 14% and Hertz Global net swung to a $36.4 million loss.
Feb 25, 2013 9:38 AM ET
Pearson, the book and newspaper publisher said operating profit for the year plunged 54% and Royalty Pharma agreed to acquire Elan Corp for $6.5 billion. Volkswagen profit for the year surged 40.9%.
Feb 25, 2013 9:35 AM ET
The Nikkei in Tokyo soared on a speculation that the next appointee for the central bank leadership favors easier monetary policy. Prime Minister Abe showed readiness to enter Trans-Pacific Partnership trade talks.
Feb 25, 2013 8:40 AM ET
Australian stocks closed higher and the iron ore prices edged lower after a private survey in China indicated a slower manufacturing expansion in February. QBE is scheduled to release earnings tomorrow. Beach Energy and Chevron partner for shale gas exploration in South Australia.
Feb 25, 2013 8:18 AM ET
Claris Lifesciences fourth quarter net declined 27% and EIH net tumbled 28%. GMR Infrastructure plans to sell its 70% stake in a Singapore plant. KSB Pumps net climbed 21%. Power Finance Corp is seeking a bank license.
Feb 22, 2013 2:22 PM ET
U.S. stocks traded higher after Hewlett Packard and AIG results surpassed expectations. In addition, German business confidence index rose in February lifting the outlook for world exports. European Commission lowered its economic assessment of the region.
Feb 22, 2013 2:20 PM ET
Stocks in Tokyo traded rebounded after a day of sell-off and morning weakness. The yen eased but the makers of automobiles and electronics fell and financials led the decliners. Prime Minister Shinzo Abe is scheduled to hold a summit with the U.S. President Barack Obama.