Jun 30, 2016 5:46 PM ET
European market indexes extended 3-day gains led by financial and resource stocks. EDF is looking to sell 50% of its non-core assets to RTE unit for more than €5.2 billion. Wireless Group agreed to be acquired by News Corp for £220.3 million.
Jun 30, 2016 5:39 PM ET
ConAgra net tumbled 44% on 10% drop in revenues. Constellation Brands net and revenues surged. Darden Restaurants profit soared 33%. Lindsay net plummeted 26% on 12% decline in revenues. McCormick net jumped 11%. Paychex net and revenues soared.
Jun 29, 2016 2:18 PM ET
Acuity Brands net and revenues soared. Schulman surged after net swung to profit on 16% jump in revenues. General Mills net soared 39%. Monsanto profit tumbled 37% on 9% decline in revenues. Nike profit fell but revenues jumped 6%. Worthington Ind net more than doubled.
Jun 29, 2016 1:08 PM ET
European markets extended the rebound led by a surge in pharmaceutical stocks. The weaker pound also lifted large cap stocks in London trading. BT Group revised financial results of last two years. Siemens plans to invest €1 billion in a new start up unit. Vodafone may move its headquarters.
Jun 28, 2016 12:57 PM ET
Barnes & Noble net loss widened but revenues jumped 8%. Carnival net nearly tripled and lifted earnings outlook. FactSet Research net jumped 9% on 13% increase in revenues. IHS profit fell 2%.
Jun 28, 2016 12:50 PM ET
Market indexes across the euro zone rebounded but trading sentiment was tentative. Political leaders in the U.K. face a challenging task in preserving tariff free access to the European Union. Ocado net surged 19%. Volkswagen agreed to pay $14.7 billion in order to settle U.S. claims.
Jun 27, 2016 8:55 PM ET
Delaware judge ordered Energy Transfer Equity can exit from its proposed $19.86 billion acquisition of Williams Co. Medtronic agreed to acquire HeartWare Intl for $1.1 billion. Skullcandy received an unsolicited proposal.
Jun 27, 2016 2:41 AM ET
European markets extended two-day losses to more than 5% and the U.K. pound fell deeper. European politicians and central bankers worked together to calm markets. K&S forecasted operating profit in the first-half to decline due to lower selling prices in potash and magnesium products.
Jun 24, 2016 1:19 PM ET
World markets dived and the U.K. pound plunged 10% after voters in the U.K. favoured to leave the European Union. London Stock Exchange and Deutsche Börse are committed to merger agreement of $20 billion. Henkel agreed to acquire the U.S.-based Sun Products €3.2 billion.
Jun 23, 2016 1:01 PM ET
Accenture net surged 11% and the information services provider lifted earnings forecast. BlackBerry net swung to a loss after revenues declined 39%. Bed Bath & Beyond net plunged 23% on flat revenues. Red Hat profit soared 27% on 18% jump in revenues.