Mar 06, 2014 12:20 PM ET
European Central Bank left its key lending rate on hold at a record low of 0.25% and the central bank is running out of options to stimulate the economy further.
Mar 06, 2014 12:13 PM ET
U.S. indexes extended world markets advance and the yen, the euro and the ruble turned lower against a dollar. European Central Bank left its key lending rate at record 0.25%. Staples plans to close 12% of retail stores and sales decline for the fifth quarter in a row.
Mar 06, 2014 11:39 AM ET
Ciena net loss in the quarter narrowed. Costco net declined 15% but sales climbed 6%. Joy Global net plunged 66%. Kroger profit dropped 9%. Pinnacle Foods net soared 27%. Staples net surged and plan to close up to 225 stores to save $500 million.
Mar 06, 2014 11:29 AM ET
Bouygues offered €10 billion for SFR controlled by Vivendi. Schroders net climbed 27% to £353 million. Stobart plans to sell 51% stake in transport business to DB Capital for £281 million. STV Group profit surged. Unite Group net plunged.
Mar 06, 2014 9:23 AM ET
Market averages in Tokyo closed higher and the yen eased. The situation in Ukraine appeared to not worsen any more after the European Union cobbled together $15 billion in aid and held out a warning for Russian sanctions. ANA Holdings won 11 new daytime slots from Tokyo downtown airport.
Mar 06, 2014 9:06 AM ET
Australian indexes in choppy trading lacked direction and traded near flat line. Retail sales in January increased 1.2% and trade surplus in the month increased to a seasonally adjusted $1.43 billion, largest since August 2011.
Mar 06, 2014 9:02 AM ET
AstraZeneca plunged 9% after drug maker differed its delisting plan. IL&FS to issue debentures worth Rs 100 crore. Ramco Systems signed a pact with Malaysia Airlines for 5-years. Tata Power plans a rights issue to raise Rs 2,000 crore.
Mar 05, 2014 11:37 AM ET
Canadian Solar net swung to a profit after sales surged 76%. Federal Signal net surged to $27 million. Hovnanian said net loss in the quarter widened. Memorial Production net jumped and acquired certain assets in East Texas. Revlon net swung to a loss.
Mar 05, 2014 11:20 AM ET
Adidas net surged 49% to €787 million. Carillion profit tumbled 32.9% to £110.6 million and won two contracts worth £520 million. Legal & General profit climbed 10% to £1.1 billion. Standard Chartered profit dropped 7% to $7 billion. Soco Intl net dropped 50%.
Mar 05, 2014 2:04 PM ET
Stock on Wall Street lacked direction as foreign ministers of U.S. and Russia meet in Paris. The latest private sector jobs and service sector growth data may have been impacted more than estimated by harsh weather. The IMF urged the ECB to provide more financial liquidity.