Jul 10, 2014 1:19 PM ET
Market indexes on Wall Street dropped as much as 1.5% after fresh worries resurfaced on European bank health. Portugal suspended trading in troubled Espirito Santo after the bank failed to meet its debt obligation. U.S.
Jul 10, 2014 12:31 PM ET
CHC Group net loss in the quarter widened. Family Dollar profit plunged 33% and sales rose 3%. Gencorp quarterly net loss widened. Progressive Corp net declined 10% on 5% increase in revenues. WD-40 quarterly net was flat.
Jul 10, 2014 11:44 AM ET
Burberry revenue climbed 17% to £370 million. Halfords declined despite revenue jumped 8%. LSE plunged after Qatari fund trimmed third of its stake. Petrofac secured three-year contract for $700 million in Kuwait. Suedzucker profit tumbled 54.2% to €77 million.
Jul 10, 2014 10:17 AM ET
Stocks in Tokyo trading declined for the fourth day in a row and core machinery orders plunged 14.5% in May following 9% decline in April. Kaneko Seeds fiscal year sales increased 4.6% and net income surged 29%.
Jul 10, 2014 9:58 AM ET
Australian stocks rebounded after a sharp fall of 1% in yesterday’s session and June unemployment rate increase to an 11-year high. Aussie dollar slipped. Transurban Group said annual revenue soared 13%.
Jul 10, 2014 9:08 AM ET
Bharti Airtel divest approx 3,100 towers in four countries in Africa to Helios Towers. ONGC Videsh priced unsecured bonds worth $1.5 billion and €525 million. JSW Steel plans to import 6 million tons of iron ore from Canada and South Africa.
Jul 09, 2014 1:51 PM ET
Alcoa net swung to profit on flat revenues. AeroVironment net swung to profit. Capstone Turbine won first order from Oman. MSC Industrial jumped 4% on 13% increase in revenue. ServiceNow agreed to acquire Neebula Systems for $100 million.
Jul 09, 2014 2:00 PM ET
U.S. stocks traded sideways and investors remained cautious after Alcoa Inc kicked off the latest earnings season with better than expected results. Citigroup is nearing a settlement of $7 billion for charges linked to mortgage securities fraud.
Jul 09, 2014 11:33 AM ET
Admiral Group first-half revenues declined to £1 billion. Sodexo third-quarter revenue slumped 3% to €14 billion. UK Mail Group first-quarter revenue jumped 3%.
Jul 09, 2014 10:24 AM ET
Stocks in Tokyo declined for the third day in a row led by the decline in cargo shipping companies and financial brokers. New vehicle tire sales in Japan increased 4.5% in June. Meiko Network Japan said third quarter revenues increased 3.2%.