Apr 03, 2013 11:48 AM ET
Stocks in Tokyo surged the most in nearly two months as Bank of Japan began a two-day meeting. Expectations of accelerated and larger bond buying program from the central bank lifted the Nikkei 3%. Fast Retailing surged 14% on same store sales jump of 23%.
Apr 03, 2013 11:17 AM ET
Acuity Brands second quarter net surged 27% and ConAgra third quarter net declined 56% to $123.4 million. Connís fourth quarter net surged 130% and Monsanto second quarter net soared 22% to $1.48 billion.
Apr 03, 2013 10:31 AM ET
BMW said quarterly sales in U.S. climbed 5.3% to 64,902 units. Chocolate maker Thorntons lifted profit outlook for fiscal 2013. SSE confirmed the penalty of £10.5 million. Verizon Communications said it has no intention to buy Vodafone.
Apr 03, 2013 9:59 AM ET
Australian stocks declined and the dollar gained as commodities prices eased. New home sales tumbled 5.3% in February after rising for four months in a row.
Apr 03, 2013 9:33 AM ET
Ashok Leyland March sales slid 2%. Adani Power soared 9% after the electricity commission approved a temporary price hike to compensate for higher imported coal prices. L&T won order for Abu Dhabi Airport. RCom rose after network sharing deal worth Rs 1,200 crore with Reliance Jio Infocomm.
Apr 01, 2013 2:04 AM ET
KEC Intl won new orders worth $180 million and L&T secured order valued $1 billion and completed acquisition of Audco India. M&M March sales surged 10.6%. Supreme Court rejected cancer drug patent of Novartis. Syndicate Bank raised $500 million for its London operations.
Apr 02, 2013 12:21 PM ET
Unemployment rate in the euro zone increased to 12% in February and was revised to the same from 11.9%, according to the latest data released by the Eurostat.
Apr 02, 2013 12:19 PM ET
Financial markets advanced and major indexes flirted near new highs. Factory orders increased 3% in February and auto sales in March were ahead of expectations. Nasdaq OMX Group agreed to acquire the bond trading platform eSpeed for $1.23 billion.
Apr 02, 2013 11:21 AM ET
Chrysler U.S. sales in March rose 5% and Ford and GM sales rose 6%. NASDAQ agreed to acquire eSpeed from BGC Partners, Inc. for $750 million in cash.
Apr 01, 2013 11:14 AM ET
German based private equity group Bridgepoint agreed to acquire Oasis Healthcare worth £185 million. Dell filed preliminary proxy materials for merger. Russian mobile phone operator MTS acquired 25.1% stake in MTS Bank. Novartis lost patent case in India.