Jun 30, 2015 3:28 PM ET
World markets were on the defensive for the second day in a row as the prospect of a last minute accord between international lenders and Greece receded. Greece is scheduled to default at midnight and finance ministers are expected to meet tomorrow morning. China took steps to halt bear market.
Jun 30, 2015 12:17 PM ET
Saab signed contracts for two new submarines and to upgrade two submarines worth about 8.6 billion kronor. Banco de Sabadell received regulatory approval to acquire share of TSB Banking for £1.7 billion. Carpetright net swung to profit. Imagination Technologies net swung to a loss.
Jun 29, 2015 11:12 AM ET
Deutsche Boerse is in talks with Six Group to acquire the remaining stakes in Stoxx and Indexium for 650 million Swiss francs. BMW in a consortium plans to bid for Australia and New Zealand Banking Group''s car and equipment loan business.
Jun 26, 2015 11:07 AM ET
K&S received €7.8 billion buyout proposal from the Canada-based Potash Corp. IGAS Energy net swung to profit. Rosneft profit soared 30% to 56 billion rubles. Tesco first-quarter sales decreased 1%. Trinity Mirror forecasted first-half revenues to decline 11%.
Jun 25, 2015 11:22 AM ET
The UK Government plans to trim its stake for as much as £3 billion in Green Investment Bank. DS Smith profit surged 11% to £156 million and agreed to acquire Spain-based Grupo Lantero for €190 million. Hennes & Mauritz net soared 19%.
Jun 24, 2015 1:51 PM ET
Ahold and the Belgium-based Delhaize agreed to merge and Ahold terminated its stock buyback program and announced €1 billion capital return program to shareholders. Bouygues rejected unsolicited proposal of €10 billion for telecom unit. ITV agreed to by 75% stake in Boom Supervisory.
Jun 23, 2015 11:14 AM ET
Greek lawmakers resisted the latest proposal by prime minster to international lenders. The U.K. government lowered its stake in Lloyds Banking by 1%. Chemring net loss narrowed and revenues declined 23%. Ladbrokes surged after merger talks with privately owned Gala Coral.
Jun 22, 2015 10:08 AM ET
European markets soared as negotiators voiced optimism for Greek discussion. Altice offered €10 billion to acquire Bouygues Telecom. Eurofins agreed to acquire Biomnis for €220 million. Ferrero Intl agreed to acquire additional stake in Thorntons.
Jun 19, 2015 10:20 AM ET
Airbus secured an order worth $15.6 billion for 110 jet planes. Bayer plans to invest €4 billion in research and development this year. Fidelity offered £1.72 billion for Colt. Valeo agreed to acquire 10.5% stake in the LED-maker Aledia.
Jun 18, 2015 10:09 AM ET
Bilfinger plunged on weak fiscal outlook. Credit Agricole and Societe Generale plans to launch initial public offering for Amundi. Telecom Italia to sell Italiane and raise up to €875 million. SAS net swung to profit.