Apr 08, 2013 11:27 AM ET
U.S. markets extended losses on Monday as investors await the start of the earnings season. European markets closed higher and the Nikkei in Tokyo surged for the fourth day as the yen declined to the level last seen in 2009.
Apr 08, 2013 11:19 AM ET
AZZ fourth quarter net surged 14%. GE agreed to buy Lufkin Industries Inc. for $3.3 billion. Merz withdraw to acquire Obagi Medical. Oriola-KD agreed to buy Sweden based Medstop Group for $229 million. Ericsson agreed to purchase media-room business from Microsoft.
Apr 08, 2013 10:20 AM ET
Lundin discovered crude in the North Sea. Mecom reported advertising revenues in Dutch operations declined 28%. Pirelli delayed its business forecast. Technip secured an engineering contract for €500 million.
Apr 08, 2013 9:52 AM ET
Stocks in Tokyo advanced for the fourth day in a row to a 4-year high and the yen dropped near 100 against one dollar. Real estate, banks and exporters led the gainers. Of the 225 stocks in the Nikkei index, 218 closed higher.
Apr 08, 2013 9:30 AM ET
Australian stocks rebounded after declining for four days in a row and construction industry index indicated contraction in March, 34th monthly decline in a row. Australian dollar fell.
Apr 08, 2013 9:02 AM ET
Aditya Birla Nuvo divested its carbon black business. BHEL secured total orders worth more than $5 billion in fiscal 2013. The telecom regulator fined Idea for $56 million. RCom plan to sell 80% stake in Reliance Globalcom.
Apr 05, 2013 12:14 PM ET
U.S. indexes declined after employers added less than expected net new jobs in March. Unemployment rate declined to 7.6% and labor participation rate plunged to 34-year low of 63.3%. Trade deficit in February declined 3.4% on the rising exports and flat imports.
Apr 05, 2013 11:36 AM ET
Acura Pharma was awarded a patent by the U.S. Patent Office. Franklin Covey second quarter net surged 37% and GenCorp second quarter net swung to loss. NII agreed to sell its Peruvian operations for $400 million. WD-40 net in the second quarter slipped.
Apr 05, 2013 11:13 AM ET
Stocks in Tokyo extended gains for the third day in a row and the benchmark Nikkei soared 6.9%, the most in two years. Real estate and banks led the gainers. The yen, third worst performing currency in the world, extended losses to 18% in the year so far.
Apr 05, 2013 10:57 AM ET
European airlines Air France, IAG, EasyJet declined after fears rising bird flu outbreak in China. Hilco agreed to acquire HMV in £50 million. Punch reported profit before tax of £26 million.