Mar 11, 2013 8:36 AM ET
Amtek Auto agreed to acquire German based NeumayerTek Group for $500 million. GVK Power signed partnership with Australia based Aurizon for two projects. Indiabulls merged with its housing finance company.
Mar 08, 2013 11:39 AM ET
Stocks in New York searched for direction after employers added more-than-expected 236,000 jobs and jobless rate declined to 7.7%. Housing sector strength also contributed to the jobs increase in financial services and other sectors. Wholesale inventories increased 1.2% in January.
Mar 08, 2013 10:26 AM ET
Ann fourth quarter net jumped 9% and Arcos Dorados net slipped 4%. Foot Locker fourth quarter net climbed 28% to $104 million and Genesco net dropped 7%. Kroger fourth quarter net swung to $461.5 million profit. The Cooper quarterly net jumped 37%.
Mar 08, 2013 9:06 AM ET
Stocks in Tokyo extended gains and the Nikkei index soared to a new 5-year higher. Economic growth in the final quarter was revised to 0.2% increase from the previous estimate of 0.4% contraction. The yen eased.
Mar 08, 2013 8:50 AM ET
Admiral Group profit for the year jumped 17% to £258.4 million. Fugro net income rose 2% to €301.4 million. Lagardere net swung for the year to €89 million profit and Serco income for the year soared 40% to €245.3 million.
Mar 08, 2013 8:12 AM ET
Australian stocks were empowered and commodities linked stocks led the surge after China reported a surge in exports in February. For two months to the month, exports soared 23.6% and imports gained 5%.
Mar 08, 2013 7:42 AM ET
Colgate-Palmolive board approved a 2-for-1 stock split. Hindustan Motors February sales surged 166.5%. Kalpataru Power secured orders worth more than $300 million. NYSE Euronext postponed 4.8% stake sale in MCX.
Mar 07, 2013 10:03 AM ET
Ciena first quarter net loss narrowed. Nexstar fourth quarter net surged to $161 million and PetSmart net jumped 6.2% to $134 million. Staples net jumped 72%. Time Warner plans to spinning off its magazine unit Time Inc. Vail Resorts net climbed 30%.
Mar 07, 2013 9:57 AM ET
U.S. stocks extended gains after the weekly jobless claims declined to the lows in January. January trade deficit widened on higher than expected import of crude oil.
Mar 07, 2013 9:20 AM ET
European markets traded higher across the region and ECB and Bank of England left key lending rate on hold. Swiss National Bank said it spent nearly $200 billion to defend the rate cap at 1.20 to one euro. French jobless rate surge to a 13-year high and German factory orders declined.