Aug 28, 2015 5:56 AM ET
Celgene completed the acquisition of Receptos for $7.2 billion. Neogen agreed to acquire the U.K.-based rival Lab M. Autodesk net swung to a loss. Big Lots offered higher annual outlook. GameStop profit surged 35%. OmniVision net tumbled 60%. Ulta Salon net surged 22%.
Aug 28, 2015 7:52 PM ET
Merck raised €2.1 billion through a bond offering of three tranches. Kier secured contract worth £1.5 billion from Scape Group. Volkswagen said it plans to invest $340 million to increase production capacity in South Africa. RWE, Siemens and Green Bank to build an offshore wind farm in the U.K.
Aug 28, 2015 7:51 PM ET
Australian market indexes gained and extended weekly advance. For the week, the ASX 200 index closed up 0.8%. Furniture and electronics retailer, Harvey Norman said annual net soared. Woolworths said full-year profit plunged 12.5%.
Aug 28, 2015 7:49 PM ET
Market indexes in Japan soared following a similar rebound in overnight trading in New York after the latest data offered a brighter view of the U.S. economic growth. However, caution prevailed and short selling ratio in Tokyo shot up to a record high of 39.8%.
Aug 28, 2015 7:48 PM ET
Stocks in Mumbai rebounded but the rupee struggled and investors are increasingly questioning the lack of action from the Reserve Bank. Bharti is looking to sell 6,500 telecom towers in Sri Lanka and Bangladesh.
Aug 28, 2015 7:46 PM ET
Calm returned to world financial markets after seven days of volatile trading that saw major indexes swing wildly and plunge as much as 10%. Crude oil jumped for the second day in a row. Brazil entered technical recession after second quarterly contraction.
Aug 27, 2015 2:32 PM ET
Stocks on Wall Street shot up after six days of losses and crude oil futures soared more than 10%. Market indexes in New York surged as much as 4% before trimming losses and European indexes closed up at least 3%. Emerging market currencies rebounded from the recent lows in Asia.
Aug 27, 2015 12:10 PM ET
Sensex index in Mumbai surged 2% and rupee rebounded as Asian markets searched stability. The central government of India released a list of 98 cities covered in the smartcity mission. Bharti agreed to acquire Augere Wireless. HDFC plans to raise $300 million through a bond offering.
Aug 27, 2015 11:51 AM ET
Nikkei average in Tokyo extended the recent rebound to the fifth day on the back of resurgent markets in New York and Europe. Yen continued to strengthen and indexes in Asia soared and currencies in India, Indonesia and Australia edged higher. Stocks in Shanghai surged to close up 5%.
Aug 27, 2015 11:17 AM ET
Australian market indexes gained for the third day in a row in the back of resurgent international markets. Australian dollar weakened to 71 U.S. cents. Billabong, the sportswear retailer swung to annual net profit. Ausdrill annual loss widened.