Dec 10, 2015 12:36 PM ET
Stocks struggled to advance on Wall Street after weekly jobless claims rose but remained below the threshold of 300,000. Import prices declined largely on the strength of the dollar and declined 9.4% from a year ago month in November.
Dec 10, 2015 11:46 AM ET
Ciena plunged out revenues outlook missed expectations. Cantel Medical net soared 28%. Hooker Furniture profit surged 44%. Ingles Markets net dropped 8%. Methode Electronics net declined 19%. Men''''s Wearhouse plunged 25%.
Dec 10, 2015 10:53 AM ET
European market indexes extended losses and hovered near two-month lows. Accor agreed to acquire three luxury hotel brands for $2.9 billion. Centrica jumped after reassuring operating profit outlook. Ocado fourth-quarter revenues soared 17% to £1.2 billion.
Dec 10, 2015 10:19 AM ET
Australian market down following weak global markets and despite the positive jobs report. Unemployment rate fell to 5.8% in November and the Australian economy created 71,400 new jobs. Austal Limited tumbled 25% after issuing a profit warning.
Dec 10, 2015 7:45 AM ET
Sensex in Mumbai halted 6-day decline after markets in Asia rebounded and investors searched for bargains. Shipping companies led the gainers after the government approved financial assistance to ships built in India. Bharti plans to launch 4G service in Rajasthan.
Dec 10, 2015 6:34 AM ET
The Nikkei average extended 3-day losses and the referenced index dropped to a five-week low after the yen advanced. The producer price index in November fell 0.1%.
Dec 09, 2015 11:40 AM ET
Stocks on Wall Street meandered and crude oil price halted five-day sell-off of 10%. Dow Chemical and DuPont surged more than 8% after two companies were said to be in advanced merger talks. European markets trimmed losses.
Dec 09, 2015 11:09 AM ET
Dow Chemical and Du Pont are in advance merger talks. Yahoo! plans to spin-off its core business into a separate company. Costco net fell 3%. Korn/Ferry net tumbled 29%. Lululemon net plunged 12%. Vera Bradley net soared 49%.
Dec 09, 2015 10:59 AM ET
Europe extended losses on concerns about growth in China and pressure from commodity stocks. Alternative Networks net soared 42%. Stagecoach tumbled after profit declined 7% and earnings forecast deteriorated. Xchanging agreed to be acquired by Computer Sciences Corp.
Dec 09, 2015 8:34 AM ET
Australian markets extended losses as overall commodity prices test new seven-year lows. Consumer confidence index fell 0.8% in December and the total number of home loans in October dropped 0.5%.