Nov 21, 2014 1:35 PM ET
Markets in Europe and New York advanced after China unexpectedly cut interest rates and the European Central Bank President Mario Draghi hinted of new measures to accelerate inflation at a faster pace.
Nov 21, 2014 11:57 AM ET
Ann net plunged 27%. Autodesk net tumbled 81% but revenues soared 11%. Blackstone agreed to acquire Japan-based residential assets from GE for $1.6 billion. Foot Locker profit surged 15%. Gap net jumped 4%. Intuit net loss widened while revenues climbed 8%.
Nov 21, 2014 11:17 AM ET
Carrefour received French regulatory approval to acquire more than 800 Dia France stores. Dee Valley profit surged 20% on 4% increase in revenues. Ophir agreed to acquire Salamander Energy. Rolls-Royce won order worth £3.2 billion from Delta Air Lines.
Nov 21, 2014 9:43 AM ET
Prime Minister Shinzo Abe dissolved Japanese parliament and set early snap election for the lower house in December. Finance Minister Taro Aso said the decline in yen this week had been too quick. The yen closed at the weakest level since August 2007.
Nov 21, 2014 9:19 AM ET
Australian market indexes extended weekly drop to 2.7% after the iron ore price dropped below $71 a ton. Australian dollar struggled but energy companies advanced after the crude oil futures gained more than 1%.
Nov 21, 2014 8:53 AM ET
JM Financial received an investment of Rs 540 crore. Kotak Mahindra agreed to acquire ING Vysya for $2.5 billion. L&T and Japan-based Sojitz won railway electrification contract worth Rs 2,633 crore. Tech Mahindra acquire U.S.-based LCC for $240 million.
Nov 20, 2014 4:20 PM ET
Market indexes on Wall Street recovered from early doldrums after investors shifted focus from Europe and China to U.S. economic data. Initial claims of jobless stayed below 300,000 for the tenth week in a row. Sale of existing homes increased 1.5% in October.
Nov 20, 2014 12:36 PM ET
Buckle reported net flat. Best Buy net nearly double on 2.2% increase in comparable sales. Brady net plunged 43%. Cyberonics net climbed 25% on 5% increase in revenues. Dollar Tree profit rose 6%. Donaldson net climbed 9%. L Brands profit surged 42%. Salesforce net loss narrowed.
Nov 20, 2014 12:15 PM ET
Babcock Intl net surged 25% to £118 million on 23% increase in revenues. Centrica lowered fiscal adjusted earnings outlook. Johnson Matthey profit slid 0.4% to £172.8 million but increased dividend by 9%. ThyssenKrupp net swung to profit to €210 million after sales jumped 7%.
Nov 20, 2014 10:24 AM ET
Australian market indexes declined on the persistent weakness in the iron ore price. Commodities and base metals fell dragging lower the smaller mining companies. Australian dollar weakened to 85.91 U.S. cents.