Feb 12, 2016 12:10 AM ET
European shares recovered on the back of a rally in oil, while Commerzbank’s results alleviated investors’ concerns over the banking sector. Deutsche Bank confirmed the buyback of its own debt. Rolls Royce announced adjusted profit of £1.35 billion and additional cost cutting steps.
Feb 11, 2016 11:58 PM ET
European markets extended February losses to about 10% as concerns over the banking and resource sectors dominated the session. Societe Generale net fell short of expectations. Rio Tinto Plc swung to a loss and discarded its dividend policy.
Feb 10, 2016 11:43 AM ET
European markets halted 7-day losing streak after investors returned for bargain hunting. Deutsche Bank rebounded on unconfirmed reports that the largest German bank may buy back bonds. Opera Software surged 33.5% after receiving an offer for $1.23 billion from China.
Feb 10, 2016 11:05 AM ET
Akamai Technologies net fell but revenues jumped. Assurant net surged 32%. DTE Energy net tumbled 73%. Walt Disney net and revenues jumped. Humana profit plunged 30% but revenues increased 8%. Sealed Air net jumped. Time Warner net surged 19%. Western Union net fell.
Feb 09, 2016 4:22 PM ET
European market indexes dropped to 2-year lows on the growing concerns over the profitability and the adequacy of capitalization of banks. German industrial production fell 1.2% and exports declined 1.6% in December. Vestas Wind Systems, the wind-turbine maker, reported record revenue in 2015.
Feb 09, 2016 1:45 PM ET
Agrium profit surged but revenues declined. CVS Health net jumped 15%. CDW net soared 73%. HCP net swung to loss after revenues declined 11%. Ingersoll-Rand net fell 9%. Coca-Cola profit soared 61%. Twenty-First Century Fox net tumbled 89%. Waste Connections net dropped.
Feb 08, 2016 2:30 AM ET
Apollo Education agreed to be acquired by Apollo Global Management. Cognizant net and revenues surged but lowered on weak forecast. CTS fell despite net swung to profit. Hasbro net jumped 4%. Loews net swung to a loss. Mercury General net swung to profit.
Feb 08, 2016 6:53 PM ET
European stocks fell sharply on Monday on the fresh worries of the banking sector health and concerns over the global economic growth. Eurobank Ergasias in Greece plunged 29.2%. Gold miner Randgold Resources jumped 13% on the dividend hike and exploration progress.
Feb 05, 2016 12:33 PM ET
AON net surged on flat revenues. ArcelorMittal net loss widened and the steelmaker plans to raise $4 billion to reduce net debt of $12 billion. Ametek net declined 10%. CME profit dropped 5%. Cummins net plunged 64% on 6% decline in revenues. Estee Lauder net rose 2%. Moody''s net fell.
Feb 05, 2016 12:30 PM ET
European stock trading was volatile and markets were mixed on the weak U.S. jobs data and a rally in mining, and gains in banking and retail sector. ArcelorMittal plans to launch a $3 billion offer to reduce net debt of $12 billion. BNP Paribas plans to cut costs and increase its dividend.