Mar 19, 2013 9:07 AM ET
Asian Paints acquired 51% stake in Sleek Group. AGC Networks acquired part of business of the U.S. based Transcend United Technologies. GMR is exploring to bid for $400 million airport upgrade project in Philippines. ONGC may acquire 20% stake in the Mozambique gas field.
Mar 18, 2013 4:05 PM ET
Cyprus bank depositors are facing a €5.8 billion tax, despite the past promises otherwise. Cyprus and European regulators in an about face sought to tax bank deposits sparking the fears of a bank run in the peripheral euro zone.
Mar 18, 2013 11:54 AM ET
Ameresco fourth quarter net climbed 40%. Cerner agreed to acquire automation solution provider Labotix Automation. Cynosure agreed to buy Palomar Medical for $294 million in cash.
Mar 18, 2013 11:10 AM ET
Cyprus bailout conditions weighed heavily on market sentiment in New York trading this morning. Market indexes and stocks were in a broad decline and commodities eased as well. Gold gained.
Mar 18, 2013 10:21 AM ET
Banks in the euro zone declined sharply on the fresh worries of bank bailout after the euro zone finance ministers proposed a tax on depositors as a conditions for a Cyprus bank bailout. Airbus won an order from Indonesia base airline valued at a list price of $24 billion.
Mar 18, 2013 9:45 AM ET
The Nikkei index in Tokyo led the Asia-wide decline after the latest proposal to levy tax on bank depositors in Cyprus as a part of the bank bailout spooked investors. The yen gained but traded above the 94 level. Water Direct soared 150% after it opened for initial public offering.
Mar 18, 2013 8:50 AM ET
Markets in Australia and in Asia fell sharply on the worries that euro zone debt troubles are far from over. The latest proposal to impose a tax on bank depositors set off worries of a bank run in other troubled nations and knocked off commodities prices.
Mar 18, 2013 8:18 AM ET
Ashok Leyland sold stake in IndusInd Bank controlled by Hinduja group. Indian government plans to sell 10% stake in Coal India. L&T plans to divest up to 20% stake in infrastructure unit to raise $500 million. Thomas Cook won an approval for secondary offering.
Mar 15, 2013 11:55 AM ET
Aeropostale fourth quarter net swung to loss and Brown Shoe and Carnival Corp first quarter net swung to profit. Hibbett Sports net climbed 22%. Nortek net loss widened and Ulta Salon net climbed 39% to $64.5 million.
Mar 15, 2013 11:24 AM ET
U.S. stocks were under pressure after Federal Reserve asked JPMorgan and Goldman Sachs to resubmit their capital plans and rejected the plan by BB&T Corp and Ally Financial to return capital to shareholders.