Jun 30, 2014 12:22 PM ET
MannKind jumped on FDA approval. Kindred Healthcare will clear to buy Gentiva Health Services. PPG agreed to buy Consorcio Comex for $2.3 billion. Linn Energy acquired five assets of Devon Energy for $2.3 billion. TreeHouse Foods purchased Flagstone Foods for $860 million.
Jun 30, 2014 11:39 AM ET
Ineos acquired remaining 50% stake of BASF’s Styrolution for €1.1 billion. Mecom acquired De Persgroep for £196 million. Philips merge its lumileds and automotive lighting businesses. Saab agreed to buy submarine shipyard from ThyssenKrupp. TUI plans to merge its U.K. tour operator unit.
Jun 30, 2014 11:00 AM ET
Stocks on Wall Street traded sideways on the last day of the quarter and the benchmark S&P 500 index is set to stretch the longest string of quarterly gains in sixteen years. Crude oil and copper declined. Pending sales of existing homes in the U.S. rose the most in four years.
Jun 30, 2014 10:14 AM ET
Stocks in Tokyo extended the rebound in the quarter but indexes fell 6.9% in the first-half. Industrial output rose 0.5% in May and the economy is expected to shrink sharply after a surge in first quarter growth rate on the planned sales tax hike in April.
Jun 30, 2014 9:53 AM ET
The ASX 200 dropped 1.8% and for the quarter gained 0.5% and for the first-half increased 0.7%. Total loans issued by banks increased 0.4% in May driven by 0.5% increase in loans to households and 0.2% rise in business loans. Woolworths offered its final offer for Country Road.
Jun 30, 2014 9:40 AM ET
Cipla acquired 51% stake in generic pharmaceutical business in Yemen. Indian Overseas Bank plans to raise Rs 1,200 crore or $200 million. Inox Leisure chain is in talks to buy Satyam Cineplexes for $36 million. ONGC plans to invest nearly $900 million in an offshore oil field near Mumbai.
Jun 27, 2014 12:58 PM ET
AZZ net edged up on 18% increase in revenues. Commercial Metals net soared 25%. Finish Line profit surged 144% on 15% increase of revenue. KB Home net swung to profit after revenue climbed 8%. Nike jumped 5%. Sikorsky won contract worth $1.28 billion.
Jun 27, 2014 11:58 AM ET
Stocks on Wall Street searched for direction and indexes traded lackluster lacking catalysts. Market indexes in Europe closed higher as Italy struggled with rising debt yield levels. GoPro trades higher on the second trading day. Oil retains an upward bias.
Jun 27, 2014 11:23 AM ET
Intel Capital sold its 9% stake in Imagination Technologies. Obtala Resources profit surged to £40.4 million. Rolls-Royce may supply new engines to Airbus Group. Stanley Gibbons profit plunged 49% while revenue soared 45%.
Jun 27, 2014 10:34 AM ET
Nikkei Stock Average declined 1.4% on Friday and extended weeklong decline 1.7% after the latest measure of inflation showed an increase of 3.7% in May. Consumer spending declined 8% after the hike in sales tax and rising utility and gasoline prices.