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Albertsons Cos. Q2 Results Top Estimates

Food and drug retailer Albertsons Companies, Inc. (ACI) reported Tuesday that net income for the second quarter grew to $342.7 million or $0.59 per Class A common share from $295.2 million or $0.52 per Class A common share in the prior-year quarter.
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German Investors Less Pessimistic In October: ZEW

German Investors Less Pessimistic In October: ZEW

Germany's economic sentiment was less pessimistic in October, defying expectations for further worsening, but investors remained cautious about their current situation amid rising inflationary pressures and the weakening economic outlook.
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Bay Street Set To Open On Strong Note

Bay Street Set To Open On Strong Note

Canadian shares look headed for a bright start on Tuesday, reacting to some buoyant earnings announcements from big name U.S. companies, and on positive cues from European markets.
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Goldman Sachs Q3 Profit Down 44%, But Results Top Estimates

Goldman Sachs Q3 Profit Down 44%, But Results Top Estimates

Investment banking major Goldman Sachs Group Inc. (GS) reported Tuesday that net profit for the third quarter declined 44 percent from last year, reflecting a 12 percent drop in net revenues, 17 percent rise in operating expenses and higher provisions for bad loans. However, earnings per share and quarterly revenues topped Analysts' estimates.
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RBA's Policy Tightening Steeper Than Global Peers, Says Bullock

RBA's Policy Tightening Steeper Than Global Peers, Says Bullock

The Reserve Bank of Australia's monetary policy tightening has been steeper than its global peers, Deputy Governor Michele Bullock said Tuesday. Unlike most of the peer central banks, the RBA board makes decision 11 times a year and evaluates the situation frequently, the central banker said at an annual conference of the Australian Finance Industry Association in Sydney.
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Mueller Industries Q3 Profit Declines

Mueller Industries Q3 Profit Declines

Mueller Industries, Inc. (MLI) on Tuesday reported net income available to the company for the third quarter of $154.54 million or $2.74 per share, lower than $170.98 million or $3.01 per share in the year-ago quarter.
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Silvergate Capital Q3 Profit Soars

Silvergate Capital Q3 Profit Soars

Silvergate Capital Corp. (SI) on Tuesday reported net income available to common shareholders for the third quarter of $40.64 million or $1.28 per share, sharply higher than $23.49 million or $0.88 per share in the year-ago quarter.
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Sensex, Nifty Extend Gains For Third Day To Reach Three-week Highs

Sensex, Nifty Extend Gains For Third Day To Reach Three-week Highs

Indian shares rose for a third straight session on Tuesday on the back of positive global cues and falling crude oil prices. Benchmarks Sensex and Nifty climbed to over three-week highs, mirroring firm global cues after Britain's new finance minister announced a comprehensive retreat on the U.K. government's tax-and-spending plans on Monday in a bid to calm jittery markets and restore the government's credibility.
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European Shares Extend Gains On UK Policy Reversal

European Shares Extend Gains On UK Policy Reversal

European stocks rose for a fourth straight session on Tuesday after the United Kingdom government reversed nearly all the tax cuts and a survey showed German economic sentiment improved in October.
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FTSE 100 Pares Early Gains

FTSE 100 Pares Early Gains

U.K. stocks were off their day's highs on Tuesday and bond yields started to rise again after the Bank of England disputed a report that it will further delay its quantitative tightening program.
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CAC 40 Rises After UK Fiscal U-turn

CAC 40 Rises After UK Fiscal U-turn

French stocks rose on Tuesday after the United Kingdom government reversed nearly all the tax cuts and a survey showed German economic sentiment improved in October.
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DAX Extends Gains After UK Policy Reversal

DAX Extends Gains After UK Policy Reversal

German stocks rallied on Tuesday to extend gains from the previous session as a dramatic U-turn in British fiscal policy boosted sentiment.
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Asian Shares Advance As UK U-turn On Fiscal Plans Brings Relief

Asian Shares Advance As UK U-turn On Fiscal Plans Brings Relief

Asian stocks ended broadly higher on Tuesday, though Chinese markets slipped after the country delayed the release of its latest economic growth figures along with other key economic indicators amid the week-long 20th Communist Party National Congress.
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