Mar 25, 2013 11:02 AM ET
Apollo Group second quarter net plunged 79%. Best Buy co-founder Richard Schulze has returned as chairman emeritus. Cascade fourth quarter net tumbled 57%. Dollar General fourth quarter net surged 9% to $317.4 million.
Mar 25, 2013 10:39 AM ET
Stocks on Wall Street advanced and extended gains in European markets after Cyprus and European lenders struck a deal and averted a crisis in the euro zone. Dell received two alternative proposals from Blackstone Group and investor Carl Icahn. Apollo Group soared 10% on better than expected results.
Mar 25, 2013 10:13 AM ET
Centrica agreed to buy natural gas from Cheniere worth £10 billion. Schroders agreed to buy Cazenove for £424 million and said annual profit declined 10.3%. TNT Express targets €220 million in recurring savings by 2015 and sell assets in Brazil and China.
Mar 25, 2013 9:54 AM ET
The yen eased and the benchmark index rebounded after European regulators averted a brewing financial crisis linked to Cyprus that threatened to spill over in the currency union. Consumer finance, securities brokers and auto maker led the gainers.
Mar 25, 2013 9:13 AM ET
Australian stocks rebounded and participated in Asia-wide rally after Cyprus struck a deal with European lenders for an emergency bailout that will avoid taxing deposits that are insured by the European Union.
Mar 25, 2013 8:45 AM ET
Colgate India agreed to transfer a division to a parent company controlled subsidiary for $11 million. Cairn India lowered its energy production target for 2014. Dr. Reddy’s won a pending case of $22.5 million against Nordion Inc. Godrej Properties approved 2-for-1split.
Mar 22, 2013 11:02 AM ET
Market indexes shrugged off rising tensions in the euro zone. The dollar gained against the euro zone. Better than expected results from Tiffany, Nike and Darden Restaurants lifted market sentiment. Markets in Asia fell but in Europe erased early losses.
Mar 22, 2013 10:57 AM ET
Darden Restaurants third quarter net declined 18% and Nike net surged 55% to $866 million. rue21 fourth quarter net slipped 11%. Supervalu sold its five retail grocery banners valued $3.3 billion. Tiffany fourth quarter net edged up.
Mar 22, 2013 10:46 AM ET
BP plans to buy back $8 billion in shares and completed 50% stake sale in its Russian venture to Rosneft. Homeserve lowered its outlook. Mulberry said profit before tax for the year is expected to below market expectations. Schroders agree to buy Cazenove Capital.
Mar 22, 2013 9:54 AM ET
Stocks in Tokyo fell sharply on the growing uncertainties in the euro zone. The yen gained and commodities eased in Tokyo trading. Broadleaf, a software developer surged 37% on the first day of its trading in Tokyo.