Mar 11, 2015 1:44 PM ET
Stocks on Wall Street lacked direction and investors remained on the sidelines after the S&P 500 index wiped out gains in the year so far. The euro accelerated its decline and extended nine-month loss to 35% as traders brace for more fall in the next three months.
Mar 11, 2015 12:34 PM ET
Brown Shoe plunged on weak fiscal outlook. Express net dropped 13% and comparable store sales fell 2%. Ferrellgas Partners profit soared 30% but revenues plummeted 23%. Vera Bradley net swung to profit. Verisk Analytics agreed to acquire U.K.-based Wood Mackenzie for $2.8 billion.
Mar 11, 2015 11:21 AM ET
Adecco net soared 14% to €638 million. Deutsche Post profit dropped 1% to €2.1 billion. Domino Printing agreed to be acquired by Japan-based Brother for £1 billion. E.ON net swung to a loss of €3.2 billion on 7% decline in revenues. MAN SE swung to profit €254 million.
Mar 11, 2015 10:31 AM ET
Stocks in Tokyo struggled to hold on gains of the day and the yen eased after the U.S. dollar hit a 12-year high against the euro. FamilyMart is in merger talks with the rival UNY Group to form the second-largest convenience store chain.
Mar 11, 2015 9:53 AM ET
Stocks in Australia closed down and the Aussie dollar dropped to a six-year low. Seasonally adjusted total home loans in January declined 3.5% to 51,396 and home loan value eased 1%. BHP, the largest iron ore miner said it is on track to cut production cost to $20 a ton.
Mar 11, 2015 12:51 PM ET
Market indexes in Asia, India and emerging markets turned lower as the U.S. dollar traded at a 12-year high. Asian Paints signed an agreement to set up a manufacturing unit in Andhra Pradesh. Maruti Suzuki India plans to recall 33,098 units of Alto car.
Mar 10, 2015 2:06 PM ET
U.S. market indexes declined for the second day in a row and dollar jumped to a 12-year high against the euro. Investors fear that the Federal Reserve is closer to lifting rates from record low near zero after five years as the economic data show improving conditions.
Mar 10, 2015 12:12 PM ET
Barnes & Noble net soared 14% and lowered fiscal outlook. Bridgepoint Education net loss increased as revenues decline 9%. Casey''s General Stores profit surged but revenues dropped 7%. IDT net fell 0.8%. Korn/Ferry climbed 8%. Urban Outfitters net plunged 10% but revenues soared 12%.
Mar 10, 2015 11:17 AM ET
Audi profit soared 10% to €4.4 billion. Hannover Re net climbed 10% to €986 million. Prudential profit surged 64% to £2.2 billion on 15% increase in revenues. RWE net swung to profit of €1.7 billion. Symrise net climbed 7%.
Mar 10, 2015 9:33 AM ET
Economy in Japan grew at a slower pace than initially estimated in the last quarter of 2014. For the entire year, after the revision, the economy contracted for the first time in three years.