Oct 03, 2013 9:51 AM ET
Australian stocks traded higher and the dollar gained as Asian markets shift focus to domestic events. Australian service industry growth eased in September. Leighton in a lengthy statement denied allegation that it participated in corrupt practices to win contracts in Iraq, Indonesia and Malaysia.
Oct 02, 2013 1:13 PM ET
U.S. market indexes declined as government remained shut for the second day. The White House summoned top lawmakers to settle on a short-term budget to reopen the government and move the negotiations to decide on the debt limit revision.
Oct 02, 2013 11:33 AM ET
Global Payments net soared 38% as revenue jumped. Monsanto said quarterly loss widened. Resources Connection net plummeted 23% and Team Inc declined 12% after net tumbled 41%. Walgreen quarterly earnings surged 86.4%.
Oct 02, 2013 11:02 AM ET
Domino’s system sales soared 10% and online sales climbed 20% with orders through mobile phones soared 102%. Sainsbury said total sales climbed 5%. KappAhl net swung to profit as sales rose 2%. Portugal Telecom agreed to merge with Brazil-based Oi SA. Tesco profit declined 33.6% to £820 million.
Oct 02, 2013 10:49 AM ET
Stocks in Tokyo declined and the yen advanced for the second day. Investors focused on the immediate impact of the latest stimulus plan and several economists worried that the proposed sales tax increase will dampen consumer spending.
Oct 02, 2013 9:51 AM ET
Stocks advanced in Sydney in light volume and new building approvals declined 4.7% in August from July but gained 7% from a year ago. Australian dollar edged higher and commodities prices fell. Mongolian government signaled additional approvals for the delayed Oyu Tolgoi copper and gold mine.
Oct 01, 2013 12:52 PM ET
Stocks on Wall Street gained as investors reacted calmly to the U.S. government shutdown. Wall Street is betting that the shutdown will be short lived and debt ceiling will be revised as early as next week. U.S. Treasury yields rose to 2.64% and the dollar index drops to an eight month low.
Oct 01, 2013 11:39 AM ET
Actuant net swung to a profit. Chrysler said September sales rose 1%, Ford sales climbed 6% and General Motor sales declined 11%. Diamond Foods plunged as net loss widened. NYSE Euronext sold its 12% stake in Qatar Exchange to Qatar Investment Authority. Paychex net climbed 6%.
Oct 01, 2013 11:27 AM ET
Ceres Power Loss in the year narrowed. Poundland profit surged 59%. Pure Wafer operating profit for the year surged. Unilever dropped after consumer products maker estimated third quarter sales growth not to exceed 3.5%. Wolseley annual profit surged to £305 million.
Oct 01, 2013 11:11 AM ET
Prime Minister Shinzo Abe approved the increase of sales tax to 8% from 5% and proposed $51 billion stimulus plan that includes tax breaks for capital spending. Sales tax increase is the first since 1997. The much awaited tax increase is expected to dampen consumer spending.