Oct 06, 2015 3:47 PM ET
Stocks struggled on Wall Street after the IMF lowered global economic growth outlook for the second time this year and the rally in oil extended to third day in a row. Biotech companies remained under pressure as politicians look for ways to rein runaway price inflation.
Oct 06, 2015 1:17 PM ET
Nikkei average in Tokyo closed up 1% and the yen traded above 120-mark against the U.S. dollar. J. Front Retailing said first-half sales increased 2.8% and net income more than doubled. Union Tools said third-quarter sales increased 14% and net soared 52%.
Oct 06, 2015 3:52 AM ET
Australian market indexes trimmed gains after the RBA kept interest rate unrevised for the fifth month in a row. Aussie dollar gained for the third day after the central bank gave no indication of additional monetary easing. Ashley Services plunged on boar turmoil.
Oct 06, 2015 12:21 PM ET
PepsiCo net tumbled 73%. Skyworks Solutions agreed to acquire smaller rival PMC-Sierra for $2 billion. AmerisourceBergen agreed to acquire PharMEDium Healthcare for $2.6 billion. Sarepta Therapeutics priced its public offering at $39 a share. Container Store profit plunged 61%.
Oct 06, 2015 12:06 PM ET
Gujarat NRE Coke plans to sell 62 windmills in Gujarat. Tech Mahindra received a contract from Bombardier. Tata Steel signed an agreement with the Canada based company to develop iron ore sites.
Oct 06, 2015 12:14 PM ET
Vivendi increased its stake in Telecom Italia to 19.9%. Bouygues jumped on positive sales forecast for 2017. BTG tumbled on weak outlook. SABMiller second-quarter sales soared 6%. Ted Baker profit surged 15% and revenues surged 25%.
Oct 05, 2015 3:34 PM ET
Market indexes on Wall Street jumped for the second day in a row on the hopes that the Fed may delay interest rate hike well into 2016 after the latest jobs report was deemed weaker than anticipated. Crude oil rallied after Russia sought cooperation with OPEC.
Oct 05, 2015 3:17 PM ET
Australian market indexes soared 1.9% and the Aussie dollar traded above the U.S. 70 cents mark. Aurizon Holdings lowered its revenues estimate after disputes with several coal mines.
Oct 05, 2015 2:42 PM ET
Nikkei average in Tokyo jumped 1.6% following the market advance in overnight trading in New York and in Europe. SoftBank has so far not decided to trim its stake in online marketplace operator Alibaba Group after the expiry of lock up period.
Oct 05, 2015 1:32 PM ET
BP settled claims for Gulf of Mexico oil spill for $20.8 billion. Nelson Peltz invested $2.5 billion in GE and becomes one of top 10 investors. American Apparel filed for Chapter 11 bankruptcy. Suncor made a hostile acquisition offer to Canadian Oil Sands for C$4.3 billion.