Sep 30, 2014 12:17 PM ET
Powerflute profit surged 68% on 10% climbing of revenue and agreed to acquire Corenso for 81 million from Stora Enso. Royal Bank lowered impairments for fiscal 2014 of £1 billion. Saga profit tumbled 68% to £22 million. Wolseley profit soared 70.3% to £504 million.
Sep 29, 2014 11:37 AM ET
Balfour Beatty again lowered profit forecast by £75 million, third time revised lower in five-months. MJ Gleeson profit jumped 50% to 17 million. Nestle agreed to sell its baby food brands in Germany. Globo net surged 38% to 17 million.
Sep 26, 2014 11:54 AM ET
Asian Citrus Holdings net swung to a loss of £174.2 million on 24% decline in revenue. De La Rue tumbled on lowered outlook. Kuka plans to buy Swisslog Holding for 339 million francs. Lloyds sells £161 million worth TSB Shares. Total divest 25% stake in Cardinal Gas.
Sep 24, 2014 11:15 AM ET
Arrow Global agreed to acquire Capquest for £158 million. Barclays agreed to pay find of about £38 million. Nobia sell Hygena unit for 20 million in cash. Royal Bank of Scotland priced its IPO for Citizens Financial at $21.5 per share. TNT Express tumbled on weak outlook.
Sep 23, 2014 11:50 AM ET
On Wall Street market indexes struggled after the U.S. Treasury issued new rules to crackdown on inversion deals. At least eight large deals that are announced but not completed are likely to face higher costs or regulatory obstacles.
Sep 23, 2014 11:55 AM ET
Eurazeo sold remaining 7.13% stake in Rexel for 320 million. Mothercare will raised£100 million through rights offering. Philips to merge its healthcare and consumer lifestyle businesses. Tate & Lyle fell on weak outlook. Yara Intl is in merger talk with CF Industries.
Sep 22, 2014 1:38 PM ET
Sweden based Investor AB agreed to buy additional shares of Wartsila for 639 million. Merck agreed to acquire Sigma-Aldrich for 13 billion. Siemens plans to acquire Dresser-Rand for $7.6 billion and home-appliance business of Robert Bosch GmbH for 3 billion.
Sep 19, 2014 12:06 PM ET
Aviva agreed to sell its stake of CxG Aviva to NCG Banco for 287 million. Total SA received 1.74 billion offer from Arkema for its Bostik adhesives unit. Vivendi agreed to divest its Brazil-based broadband unit GVT for 4.7 billion to Telefonica.
Sep 18, 2014 11:22 AM ET
Bayer plans to spin off through public offering of its plastics business for about 8 billion. Banco Santander launch public tender offer to acquire 25% stake of its Brazilian unit. Sulzer is in deal with Dresser-Rand.
Sep 17, 2014 11:02 AM ET
DS Smith climbed on positive outlook. Inditex net slipped 2% to 928 million but sales jumped 6%. JD Sports profit climbed 154% and revenue surged 27% to £722 million. Smiths Group profit plunged 26% to £235 million but sales declined 5% to £2.9 billion.