Jun 17, 2013 10:56 AM ET
U.S. stocks gained and market indexes added more than 1% as investors awaited Fed meeting beginning tomorrow. Also, investors looked for clues of any policy announcements from Group of Eight meeting in Northern Ireland.
Jun 17, 2013 9:18 AM ET
Markets in Tokyo rebounded in thin trading after 4-week of losses. The Nikkei index recovered 2.7% from the second dip in the bear market in three weeks and the yen eased 0.6%. Japan Tobacco soared 5% after it reported rising domestic cigarettes in May.
Jun 17, 2013 8:47 AM ET
Australian market indexes gained 0.7% after banks led the turnaround in the market sentiment but resource sector stocks lagged. Australia’s second largest miner priced $3 billion of fixed and floating rate bonds.
Jun 17, 2013 8:26 AM ET
Two movie theater chain operators, Cinemax and PVR agreed to merge. Coal India plans to acquire two Australian companies for $4 billion. Emami Paper raised Rs 120 crore. M&M agreed to sell majority stake in its unit worth $116 million.
Jun 14, 2013 11:42 AM ET
European markets traded higher after the reported inflation data was in-line with estimates. European Central Bank said four banks are scheduled to repay €3.19 billion of long-term loans issued at the height of financial crisis in 2011 next week.
Jun 14, 2013 11:19 AM ET
American Superconductor declined as revenue plunged 29%. Casey’s General sales grew and net rose. Capstone Turbine net loss widened. Smithfield Foods profit declined 63%. NGL Energy net surged 60%.
Jun 14, 2013 11:09 AM ET
U.S. stocks were little changed and wholesale prices increased more than expected and industrial production was flat in May. Consumer sentiment also declined on the rising energy prices.
Jun 14, 2013 10:51 AM ET
Barry Callebaut placed new 318,858 shares at a price of about $300 million. Elan board authorized the company sale. Glencore signed revolving credit facilities for $17.3 billion. Hochtief plans to buyback up to 4,313,000 shares worth €260 million.
Jun 14, 2013 10:02 AM ET
Stocks in Japan recovered after the Nikkei index fell to a bear market territory with a sharp drop of 20% from a peak on May 22. Nikkei gained 1.9% and the broader Topix increased 1.2%. The yen closed near 95 against one dollar.
Jun 14, 2013 9:29 AM ET
Australian market indexes closed higher following gains on Wall Street and in Asian markets. The Australian dollar dipped to a new 3-year low but recovered at close. News Corp chief, 82 year old, Rupert Murdoch filed to divorce his 44 year wife after 14 years of marriage.