Dec 04, 2014 12:54 PM ET
Stocks on Wall turned lower and energy stocks led the decline after the crude oil dropped 1% and extended the loss in the year to 40%. European Central Bank is wait for another quarter of data before announcing additional stimulus measures. ECB President also lowered growth and inflation estimates.
Dec 04, 2014 12:19 PM ET
Stocks in Tokyo closed higher and automakers led the charge. The yen closed at its weakest since 2007 and the Japanese currency has declined 12% in the year so far against the U.S. dollar. Softbank invests in taxi booking service provider in Southeast Asia.
Dec 04, 2014 12:12 PM ET
Avago Technologies net declined 22% but revenues climbed 115%. Aeropostale net loss widened. Barnes & Noble profit slumped 7%. Dollar General net fell. Kroger profit surged 21%. NextEra agreed to acquire Hawaiian Electric for $4.3 billion. PVH net soared 15%. Sears Holdings net loss widened.
Dec 04, 2014 12:08 PM ET
Central Bank plans to raise about Rs 626 crore. Strides Arcolab plans to construct biopharmaceutical manufacturing facility in Malaysia. Government of India is looking to recover $160 million on KG-D6 block from contractors.
Dec 04, 2014 11:30 AM ET
Australian trade deficit narrowed in October to $1.32 billion from the revised $2.24 billion deficit in September. Retail sales in the month increased 0.4% from the revised 1.3% increase in September. Australian dollar edged lower.
Dec 04, 2014 11:00 AM ET
DS Smith profit soared 36% to £95 million. EasyJet said passengers and load factor in November increased. Ryanair said passengers in November climbed 22% and lifted profit outlook. Mulberry net swung to a loss on 17% decrease in revenues. TUI Travel net surged 246% to £187 million.
Dec 03, 2014 1:24 PM ET
Market indexes in New York traded higher and crude oil bounced around $67 a barrel. Walgreen fiscal first-quarter sales increased 6.8%. Abercrombie & Fitch comparable sales in third-quarter plunged 14%.
Dec 03, 2014 12:39 PM ET
Stocks in Tokyo advanced for the fourth day in a row and the Topix index closed at a high not seen since 2008. Toyota and Honda gained after the U.S. sales in November were ahead of expectations. Nissan sales lagged.
Dec 03, 2014 12:11 PM ET
Abercrombie & Fitch net swung to profit but sales declined. Alico agreed to acquire Florida-based three citrus producers for about $363 million. G-III Apparel net climbed 35%. Leidos net swung to profit. OmniVision net jumped 7%. Walgreen November sales climbed 5%.
Dec 03, 2014 11:34 AM ET
Australian market indexes rebounded from the early weakness and closed 0.8% higher despite the weakness in resource prices and in the economic growth. September quarter GDP growth was less than expected 0.3%. Aussie dollar edged down.