Dec 03, 2015 12:17 PM ET
U.S. Federal Reserve Chair Janet Yellen offered positive economic assessment and highlighted stable employment and widening economic recovery. Across the Atlantic, the European Central Bank fell short of expected additional stimulus measures. Stocks in New York and the euro zone lacked momentum.
Dec 03, 2015 11:53 AM ET
Aeropostale net loss narrowed but American Eagle net soared. Dollar General net and revenues surged 7%. Express net soared 80% on 10% jump in revenues. Medtronic net tumbled 37%.Michaels Co net soared 20%. PVH profit fell. Sears net loss narrowed and revenues plummeted 19%.
Dec 03, 2015 10:06 AM ET
Stock markets declined as ECB extended stimulus, but investor expected more drastic action. Nokia shareholders approved the $17.6 billion acquisition of Alcatel Lucent. Royal Dutch Shell received regulatory clearance for the $70 billion acquisition of BG Group. DS Smith profit plunged 19%.
Dec 03, 2015 8:03 AM ET
The benchmark ASX 200 dropped after the merchandise trade deficit in October widened for 19th month in a row. New home sales in October slumped 3% but new motor vehicle sales in November increased 6.9%.
Dec 03, 2015 7:36 AM ET
Foreign investors lower exposure to stocks in India and Asia and chase the prospect of higher rates in the U.S. Wipro agreed to acquire Germany- based cellent AG for €74 million. Aditya Birla Nuvo plans to sell 23% stake in life insurance to Canada-based Sun Life Financial for $252 million.
Dec 03, 2015 7:16 AM ET
The Nikkei average remained flat ahead of rate decisions in the euro zone and the U.S. Fast Retailing, the operator of Uniqlo apparel said sales in November declined 8.9%. Mitsubishi Heavy Industries forecasts operating profit growth of 150% for its aviation and transport systems business.
Dec 02, 2015 11:58 AM ET
Global markets lacked momentum and traders in Europe looked ahead to the policy decision of the central bank tomorrow. In the U.S., investors looked ahead to review speech from Fed Chair today and testimony tomorrow.
Dec 02, 2015 11:27 AM ET
Ascena net swung to a loss but sales soared 40%. Brown-Forman net fell 3%. Bob Evans revenues slid. G-III net advanced 8% and lowered earnings forecast. Isle of Capri Casinos net swung to profit. REX American net tumbled 68%. Village Super Market net surged 14%.
Dec 02, 2015 11:06 AM ET
Inflation remained low in November and the data fueled expectations for central bank action. Greene King net jumped 9% and revenues soared 49%. Sage Group net increased 3%. Vodafone and Swisscom agreed to extend their strategic partnership agreement up to fiscal 2019.
Dec 02, 2015 8:29 AM ET
The benchmark ASX 200 dropped despite an increase of 0.9% in the third-quarter GDP. Collins Foods stock surged after KFC revenues and profit soared. Spotless Group tumbled 40% after the janitorial services provider issued 2016 profit warning.