Mar 20, 2013 4:00 PM ET
Stocks on Wall Street opened higher and struggled to retain the small gains after the two hours of trading. The dollar advanced on the rising tensions between international lenders and Cyprus after lawmakers rejected a tax on bank depositors.
Mar 20, 2013 11:20 AM ET
Actuant second quarter net plunged 12% and Adobe first quarter net tumbled 65%. FedEx third quarter net declined 31% to $361 million and General Mills net rose 2%. Williams-Sonoma fourth quarter net climbed 10%.
Mar 20, 2013 10:55 AM ET
Asos said second quarter sales soared 37% to £186.5 million. Deutsche Bank net for the year plunged 93% and for the fourth quarter net swung to €2.53 billion loss. Metro third quarter net plunged 29% to €498 million. Smiths Group net surged 67% to £141.3 million.
Mar 20, 2013 9:53 AM ET
Australian market indexes traded lower on the growing uncertainties in the euro zone and rising worries of weak demand growth for commodities in China. Resource sector stocks fell sharply on the worries that the iron ore prices may dip to $120 a ton in the next few weeks.
Mar 20, 2013 8:56 AM ET
3M India offer for sell of equity shares. Manappuram Finance said fourth quarter profits may drop. ONGC sign agreement to set up oil terminal costing to $750 million. SBI allots 12.99 million shares to the government. Government approved 10.8% stake sale of SAIL on March 22.
Mar 19, 2013 1:43 PM ET
Stocks in New York accelerated the decline in early afternoon after lawmakers in Cyprus are likely to vote down a proposal to tax depositors as a part of international bailout. Home construction activities increased to a five-year high.
Mar 19, 2013 12:48 PM ET
Affymax plunged as the company seeks a buyer or may have file bankruptcy protection. DSW fourth quarter net jumped 40%. FactSet net advanced 5%. Lululemon dropped on quality problems. Walgreen agree to acquire a stake in AmerisourceBergen as a part of sales agreement.
Mar 19, 2013 10:57 AM ET
Stocks and market indexes in Tokyo rebounded after investors estimated that the risk from controversial depositor-tax in Cyprus spreading to the rest of the euro zone is limited. However, investors fear that the tax sets a dangerous precedent.
Mar 19, 2013 10:35 AM ET
BBC Worldwide agreed to sell Lonely Planet to NC2 Media for £51.5 million. Sainsbury profit for the year declined 7% to £598 million. Ryanair agreed to buy 175 new aircrafts from Boeing valued at a list price of $15.6 billion.
Mar 19, 2013 9:37 AM ET
Australian stocks rebounded in the early hours but failed to stay in the positive zone after comments from the Reserve Bank weighed on the market sentiment.