India's BSE Sensex soared more than 430 points or 2.59 percent to a two-month high of 17448.48 Friday on positive global and domestic cues. The 30-share benchmark index opened at 17134.61 and reached a high of 17448.48 before closing down at 17429.98.
Reuters Market Eye - Morgan Stanley has upgraded Indian stocks to equalweight in its latest report after having rated them underweight since the first quarter of 2011.
Fushi Copperweld, Bank of America, Banco Santander, Caterpillar, Citigroup, Research In Motion, Nike and Infosys Ltd are among the companies whose shares are moving in pre-market trading Friday.
A committee which was formed to give recommendations on the implementation of the controversial general anti-avoidance rules (GAAR) provisions in India released its draft guidelines Thursday night. The draft guidelines have clarified that the GAAR will not be applied retrospectively.
There are big incentives for states to participate in the Medicaid extension.
Asian stock markets rallied Friday as sentiment was buoyed after leaders at the European Union summit in Brussels agreed on important plans to tackle the region's debt crisis.
U.S. stock index futures pointed to a higher open Friday as euro zone leaders at a Brussels summit agreed upon emergency measures to lower Italy's and Spain's borrowing costs and create a single regulatory oversight body for euro zone banks.
European markets rose Friday following encouraging announcements at the European Union summit in Brussels, where EU leaders are tackling the debt crisis threatening the financial union.
Crude oil futures rallied during Asian trading hours Friday after European Union leaders agreed on support for Spain and Italy.
The top after-market Nasdaq gainers Thursday were Smith & Wesson Holding Corporation, Lincare Holdings Inc, Fushi Copperweld Inc, Synta Pharmaceuticals Corp and Amtech Systems Inc. The top after-market Nasdaq losers were: Research in Motion Limited, Cree Inc, Seattle Genetics Inc, The Finish Line Inc and Ascena Retail Group Inc.
Japan's industrial production declined in May from the previous month, according to data released by the Trade Ministry Friday.
The top after-market NYSE gainers Thursday were: Accenture, Basic Energy Services, WellCare Health Plans, Sturm, Ruger & Company and Unit Corp. The top after-market NYSE losers were: Nike, Team Health Holdings, Thompson Creek Metals Company, Under Armour and Ford Motor Co.
Most Asian markets rose Friday as investors remained hopeful that policymakers would reach an agreement on bold steps to save the euro zone at the EU summit.
Chief Justice John Roberts was the deciding factor in preserving Obamacare this morning. He's thought of as a conservative but is that the truth?
A 20-year-old man who was accused of attacking a 77-year-old woman after he had ingested bath salts, a synthetic drug, has pleaded not guilty.
The Goodwood Festival of Speed 2012 kicked off Thursday with the annual Moving Motor Show. The Festival of Speed hillclimb will be the big draw during the weekend at Britain's largest auto show.
Abound Solar of Loveland, Colo., has become the third federally sponsored solar panel company to collapse in the past year, another blow to Obama's green energy and jobs efforts.
A wave of retiring U.S. baby boomers may lead to an increase in unconventional loans known as reverse mortgages in coming years, but the practice comes with risks, according to a report released Thursday by the Consumer Financial Protection Bureau.
Nintendo is promising new innovations with its Wii U gaming console, further closing the gap between video games and other entertainment media. The company has just taken this a step further by adding a senior Disney executive to its team.
Former Egyptian Oil Minister Samih Fahmi has been sentenced to 15 years in prison for his role in a deal that exported natural gas to Israel below market value and cost the government over $714 million in lost revenue.
BlackBerry developer Research in Motion will fire nearly a third of its 16,500 employees in a bid to stay alive for another nine months so that it can finally launch the BlackBerry 10.
Fancy buying a Tuscan ghost town? The medieval village of Pratariccia is now on sale in the unlikeliest of places: eBay. The price: $3 million.
It now falls to the U.S. attorney for the District of Columbia to send the contempt citation to a grand jury, an unlikely outcome. Here's what might happen instead.
AOL Inc. (NYSE: AOL), the No. 7 website, got a tepid response from investors Thursday, the start of a $400 million Dutch auction tender offer.
Following an extended game of chicken, the Obama administration granted China and Singapore an exception to the Iranian oil sanctions, senior White House officials said Thursday.
European airplane manufacturer Airbus SAS will build its first U.S. factory in Mobile, Ala., as it intensifies its competition with main rival, U.S.-based Boeing Co. (NYSE: BA), The Associated Press reported Thursday.
After a four-month investigation, a labor rights group has discovered deplorable working conditions throughout Apple's manufacturing network in China.
Health insurance providers say they are prepared for the U.S. health care system changes upheld Thursday by the U.S. Supreme Court.
Apple (Nasdaq: AAPL), the world's most valuable technology company, has posted a $2.6 million bond with a U.S. district court to enforce an injunction against its supplier and rival Samsung Electronics (Seoul: 005930).
After announcing a slew of new Android-optimized hardware and software products on Wednesday, Google announced on Thursday it will finally port Google Chrome, the second most popular Web browser in the world, to the iPhone and iPad operating system (iOS). In addition, Google will also release an iOS-optimized version of Google Drive, which is the company's cloud service for syncing and sharing information from your Google accounts to all your devices. Google Chrome Coming To Apple iPhone, iPa...
