Jan 13, 2016 1:30 PM ET
CSX said net and revenues declined. GM lifted earnings forecast and raised dividend by 6% and approved share buyback of $4 billion. Intuitive Surgical forecasted revenues to soar 12%. Progress Software net swung to a loss. Supervalu profit plunged 57%.
Jan 13, 2016 9:33 AM ET
Tata Consultancy Services said quarterly profit was flat and revenues rose 0.7%. Bharti Airtel plans to sell its two units in Africa to France-based Orange. Tata Power plans to raise ₹500 crore through a debenture offering.
Jan 12, 2016 6:35 PM ET
European stocks rebounded as domestic companies issued better than expected quarterly updates and markets in China stabilized. In the U.K., retailers Debenhams and Wm. Morrison Supermarkets surged after posting better than expected Christmas sales. SAPís revenues surged 18%.
Jan 12, 2016 12:31 PM ET
Nikkei in Tokyo extended year-to-date losses and the yen advanced after the crude oil prices fell and stocks in Shanghai faced more downward volatility. Current account surplus narrowed in November. Aeon Co plunged nearly 10% after reporting a loss.
Jan 12, 2016 11:40 AM ET
Sensex in Mumbai extended weekly losses and the rupee drifted near record low. IndusInd Bank surged 30%. L&T extended construction order wins in 2016. NIIT received contract worth £23 million from a U.K based regulatory agency.
Jan 12, 2016 11:21 AM ET
Alcoa net swung to a loss aluminium maker estimated global demand to rise in the year. IHS profit soared 50%. Team net tumbled 34% despite revenues soared 17%. VOXX International net and revenues declined.
Jan 11, 2016 6:13 AM ET
Tata Motors said Jaguar Land Rover December sales jumped 5%. Anil Ambani-led Reliance Group and Andhra Pradesh state government agreed to set up a defence manufacturing unit with an initial investment of $800 million.
Jan 11, 2016 11:58 AM ET
European markets closed higher after a volatile session and another day of sell-off in Shanghai. The European Commission ruled that 35 multinational companies will have to pay additional taxes of Ä700 million in Belgium. Continental AG estimated revenue growth to slow to 5% in 2016.
Jan 11, 2016 11:40 AM ET
Baxalta agreed to be acquired by Shire for $32 billion. Apollo Education net swung to a loss. Schulman profit tumbled 61%. Arch Coal tumbled after filing for chapter 11 bankruptcy protection. IHS agreed to acquire Oil Price Information Service for $650 million.
Jan 08, 2016 10:56 AM ET
Acuity Brands net jumped 34%. Bed Bath & Beyond profit tumbled 21%. FedEx won a regulatory approval to acquire TNT Express. PriceSmart net soared 15%. Synnex net advanced 9%. WD-40 net jumped 12%.