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Market Update Archive: 
World Markets Slump on New Greek Worries
Feb 10, 5:46 PM ET
World markets slide after Greek turmoil put investors on edge. Market indexes in Europe and in New York dropped 1% or more and commodities declined. The U.S. trade deficit surged on rising imports from China and growing purchase of crude oil.
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U.S. Stocks Fall On New Greek Worries; Oil Halts 3-day Rally
Feb 10, 11:45 AM ET
U.S indexes dropped 1% as investors were on the defensive as Greek debt talks reach next hurdle. Crude oil halted 3-day rally and commodities declined on the economic worries. LinkedIn jumped 9% after net income soared 30%.
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U.S. Movers: Alliant Energy, Calpine, FLIR Systems, PPL, LinkedIn
Feb 10, 10:22 AM ET
Alliant Energy fourth quarter net increased to $57 million. Brookfield Office fourth quarter net slumped to $338 million and PPL Corp. fourth quarter net increased to $401 million. Telus Corp. fourth quarter net increased 5% to $237 million.
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European Markets Slide; Barclays Rise, Total and Saab Fall
Feb 10, 11:20 AM ET
European markets traded lower after the euro zone finance ministers set more conditions for Greece before releasing the next bailout funds. Saab declined 9% after quarterly orders were below expectations. Barclays accelerated plans to cut expenses and trim bonuses.
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Nikkei Backs Down, Softbank Jumps
Feb 10, 10:14 AM ET
Stocks in Japan declined and market averages edged lower as corporations reported mixed earnings. Softbank surged on the prospects of China based Alibaba.com going private. Freight shipping companies gained on the price hike for container shipments.
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Australian Banks Raise Rates; Stocks Fall
Feb 10, 8:50 AM ET
Australian stocks edged lower for the second day following weak results from BHP Billiton and Rio Tinto. Ongoing turmoil in Greece also weighed on investor sentiment. ANZ and Westpac raised interest rates on mortgage lending.
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U.S. Markets Advance on Earnings, Greece at Next Hurdle
Feb 09, 4:05 PM ET
U.S. stocks traded higher on positive domestic earnings and renewed market optimism. Greek negotiations reached next hurdle as lawmakers prepare to approve agreement with international lenders this weekend. Inflation in China surged to a seven month high.
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U.S. Stocks Advance; Oracle to Buy Taleo for $1.9 Billion
Feb 09, 12:17 PM ET
U.S. stocks traded sideways and 49 states agreed to a settlement with five largest U.S. banks for $26 billion for foreclosure abuses. PepsiCo plans to trim $1.5 billion in cost and Cisco Systems quarterly sales exceeded expectations.
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U.S. Movers: Bunge, Cisco, Groupon, PepsiCo, Thomson Reuters, Visa
Feb 09, 11:41 AM ET
Bunge fourth quarter net dropped to $245 million. Cisco second quarter net surged 44% to $2.2 billion. PepsiCo fourth quarter net increased 4% to $1.42 billion. Thomson Reuters fourth quarter net loss swung to $2.6 billion. Visa first quarter net increased to $1 billion.
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European Markets Higher on Greek Agreement, Hermes Sales Up 18%
Feb 09, 11:22 AM ET
European markets closed ahead of the euro zone finance ministers meeting. Greek parties agreed on the broad points of labor reforms and government spending cuts after all night marathon negotiations as Greek economy descends deeper into recession.
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