Apr 29, 2013 9:26 AM ET
Bond yield in Europe declined after Italy appointed Prime Minister Enrico Letta. Italian bond yield fell near 2-year low and economic confidence across the euro zone fell to the lowest since December. Aberdeen Asset Management soared to a 12-year high and VW reiterated its 2013 operating profit.
Apr 29, 2013 8:40 AM ET
Australian stocks extended rally for the third day in a row and resource stocks led the advance. BHP Billiton agreed to sell its Arizona based copper mine and railroad operations for $650 million.
Apr 29, 2013 8:26 AM ET
Exide fourth quarter net grew 3% and Goodyear first quarter net surged 91%. Hindustan Uniliever fourth quarter net climbed 18% and Hero MotoCorp net slipped 5%. Hexaware net jumped 20% and IOB net plunged 89%.
Apr 26, 2013 11:48 AM ET
European markets eased and pared weekly gains of 3% after Spanish government sought to extend by two years to meet the deficit target set by the European Union. PPR, the French luxury goods maker fell on a revenue miss and Total SA declined on lower revenues.
Apr 26, 2013 11:16 AM ET
Stocks on Wall Street eased after economic expansion in the first quarter fell short of expectations. European markets declined and pared 3% weekly rise after Spain sought to delay deficit trimming timetable by two years. George Soros disclosed 7.9% stake in J.C. Penney and D.R. Horton surged 20%.
Apr 26, 2013 10:24 AM ET
U.S. gross domestic product expanded at slower than expected annual rate of 2.5% as the weakness in consumer spending, defense and inventories outweighed the surge in residential investments.
Apr 26, 2013 9:59 AM ET
Australian markets traded flat in the afternoon but resource stocks led the gainers. In shortened trading week, the ASX 200 index advanced 3.5% after miners rallied and banks traded near 5-year highs.
Apr 25, 2013 12:18 PM ET
3M first quarter net flat and Biogen net soared 41%. ConocoPhillips net tumbled 28% and Exxon Mobil net nearly flat. Qualcomm first quarter net soared 36% and Dow Chemical net jumped 28%. UPS first quarter net climbed 6.9%.
Apr 25, 2013 11:50 AM ET
Market indexes in New York traded higher after weekly jobless claims dropped near the five-week low. On the earnings front, Akamai Technologies, Cliff Natural Resources and Exxon Mobile reported better than expected results.
Apr 25, 2013 10:52 AM ET
Admiral first quarter group turnover dropped 6% to £551 million. Banco Santander first quarter profit plunged 26% to €1.21 billion. Taylor Wimpey said order booked increased 27% to £1.2 billion. Unilever first quarter sales grew 0.2% to €12.2 billion.