Apr 16, 2013 11:32 AM ET
BlackRock fourth quarter net climbed 25% and J&J first quarter net dropped 10%. Coca-Cola quarterly net tumbled 15% and Goldman Sachs net advanced 5% to $2.18 billion. U.S. Bancorp first quarter net jumped 7% and Grainger net climbed 13% and lifted outlook.
Apr 16, 2013 11:05 AM ET
Market indexes in New York rebounded after housing starts surged 7% in March led by a 31% surge in multifamily construction. Gold rebounded 2.5% a day after plunging 9.4%, the single largest one day decline in 33 years.
Apr 16, 2013 10:27 AM ET
Danone first quarter group sales jumped 5.6% to €5.33 billion. Glencore wins regulatory approval in China for Xstrata merger. Michael Page gross profit for the first quarter dropped 7% to £127 million. LVMH reported first quarter revenue climbed 6% to €6.95 billion.
Apr 16, 2013 10:26 AM ET
Financial markets across the euro zone rebounded following the gains in New York. The European Union proposed tighter banking rules and proposed higher capital and limits on annual bonuses. Inflation across the euro zone fell to 1.7%.
Apr 16, 2013 9:29 AM ET
Financial markets in Tokyo recovered some of the 1% losses in indexes and resources linked companies led the decliners. The yen gained and Softbank plunged as much as 9% after a competing bid from Dish may force the company to lift its bid for Sprint.
Apr 16, 2013 8:57 AM ET
Australian markets opened lower but in the late afternoon trimmed losses. Gold plunged 10% and resource sector linked stocks led the decliners. RBA is on hold to let the rate cuts work through the system and held out the possibilities of future cuts.
Apr 16, 2013 8:23 AM ET
CMC fourth quarter net edged up. Shares of two gold loan companies dropped more than 9%. Reliance Industries said fourth quarter net profit surged 24% Power regulator approved Tata Power to lift power tariff in five states.
Apr 15, 2013 12:38 PM ET
Financial markets declined following losses in commodities after China reported slower than expected growth. Gold and silver plunged 10% and crude oil declined 3%. Dish Network made an unsolicited offer to buy Sprint. Thermo Fisher agreed to buy Life Technologies for $13.6 billion.
Apr 15, 2013 11:34 AM ET
Citigroup first quarter net soared 31% to $3.8 billion. Dish Network bid of $25.5 billion for Sprint Nextel. First Republic and M&T Bank first quarter net surged 11%. Thermo Fisher offers $13.6 billion for Life Technologies. Charles Schwab net climbed 6%.
Apr 15, 2013 11:45 AM ET
Betfair ignored press speculation of CVC buy out offer. EADS buy back 1.56% stake from French state. Henkel said large acquisitions are not ruled out. KT Corp dropped bid for Vivendi’s Maroc Telecom. Rosneft sold 13.7% stake in Saras.