Aug 27, 2012 11:14 AM ET
AOL Inc declared a special cash dividend and $600 million buyback plan. Hertz agreed to buy Dollar Thrifty for $2.3 billion. IAC acquired About.com valued $300 million from New York Times Company. Supervalu is looking for a buyer. Tiffany lowered fiscal outlook.
Aug 27, 2012 10:09 AM ET
U.S. indexes traded higher ahead of Fed Chairman Bernanke speech. A California jury awarded $1 billion to Apple Inc in a patent lawsuit against Samsung that may be trimmed on the appeal. Hertz agreed to acquire Dollar Thrifty for $2.3 billion and Deltek agreed to go private for $1.1 billion.
Aug 27, 2012 9:49 AM ET
The European indexes gained on central bank optimism. UK home prices fell and German business confidence weakened in August. Euro zone economic activity remained unchanged in July. Samsung agreed to invest €779 million in ASML.
Aug 24, 2012 4:11 PM ET
World markets completed a tumultuous week of trading on a higher note but for the week indexes on Wall Street declined. Markets halted a six-week long rally as every day economic indicators in the U.S., Europe, China and Australia pointed weakening backdrop.
Aug 24, 2012 3:50 PM ET
Stocks in Tokyo traded lower and halted a two-week rally in market indexes as more signals emerge of the global slowdown. Investors took profit in thin trading as the prospects of immediate stimulus in Europe and the U.S. looked remote.
Aug 24, 2012 11:47 AM ET
Australian indexes halted a 5-week long rally after the debate about the durability of the mining boom intensified. RBA governor Stevens said mining companies have enough capital and it is too soon to declare the end of the boom. Iron ore prices fell below $100 level for the first time since 2009.
Aug 24, 2012 10:35 AM ET
The communications network gear maker Aruba jumped 17% as sales advanced. Autodesk plunged after the software developer lowered outlook. Micros fourth quarter net surged 16%. Salesforce.com loss widened and offered weak guidance. Madison Square climbed.
Aug 24, 2012 12:02 PM ET
U.S. market indexes are set to halt a six week long rally that lifted indexes to multi-year highs. The latest durable goods orders offered mixed picture of the U.S. economy with business spending waning. The euro zone tensions rose after leaders held firm and demanded Greece to meet its obligations.
Aug 24, 2012 9:40 AM ET
Agennix plans to cut its workforce by 55%. Aer Lingus urged shareholders to reject Ryanair''s offer. Anglo American forged a new partnership for Anglo American Sur.
Aug 24, 2012 9:33 AM ET
The European indexes fell ahead of meeting of leaders of Germany and Greece. Spanish producer price inflation rose in July and the UK economy contracted 0.5% and business investment fell. Aer Lingus urged shareholders to reject the offer from Ryanair.