Jun 07, 2013 10:04 AM ET
Australian construction industry contracted in the third year and market indexes extended losses in the week. For the week, the ASX 200 index dropped 3.8% after losing 9% in May. The Australian dollar declined to a new one-year low against the U.S. dollar.
Jun 07, 2013 9:42 AM ET
Aban Offshore secured contract worth $200 million from ONGC. IOC dropped and government appointed bankers to divest 10% stake. Polaris surged on takeover speculation. Tata Power won contracts worth $1.8 billion.
Jun 06, 2013 11:59 PM ET
Ann first quarter sales rose but net slipped. Amerco revenue rose and net surged 49%. Ascena Retail third quarter net tumbled 37%. Ciena second quarter net loss narrowed and VeriFone net swung to loss.
Jun 06, 2013 10:05 AM ET
Tokyo stocks closed lower in volatile and directionless trading as retail investors drove total trading volume of 4.4 billion shares. Foreign investors were the largest net sellers of stocks last week since March. Yen traded below 100-mark.
Jun 06, 2013 9:39 AM ET
Australian indexes extended losses for the second day in a row and the dollar loss increased to 10% in the year so far. Precious metal miners dropped and Newcrest Mining fell to a new 8-year high after gold prices eased. Australian trade surplus plunged 95%.
Jun 06, 2013 9:31 AM ET
Barclays dropped after Sumitomo Mitsui sold its stake for £260 million. Johnson Matthey profit for the year declined 12.5% to £275.8 million. Network Rail profit for the year dropped 8.1% to £699 million.
Jun 06, 2013 8:54 AM ET
BF Investment net declined 52%. Fortis Healthcare plans to sell its Vietnam and Hong Kong divisions. Sun Pharma slid after Swedish drug-maker Meda denied stake sale.
Jun 05, 2013 1:44 PM ET
Market indexes on Wall Street accelerated the decline after a sharp fall in Tokyo and Europe. Latvia approved to join the euro zone and European auto sales extended shrinkage in the sixth year. U.S. private sector added fewer than expected net 135,000 jobs.
Jun 05, 2013 1:06 PM ET
Stocks in Tokyo closed lower in volatile trading as foreign investors began unwinding yen hedge. The year-to-date gain of 30% in the Nikkei index is cut to 10% after adjusting for the yen weakness.
Jun 05, 2013 11:34 AM ET
Analogic third quarter sales rose but net tumbled. Bob Evans revenue dropped but net jumped 23%. Cyberonics net climbed 7%. Dollar General sales and net climbed 16%.