Jun 10, 2013 11:34 AM ET
AEP Industries second quarter sales and profit declined. Google agreed to acquire Waze Inc. for $1.1 billion. Heinz completed acquisition offer of $23 billion. McDonald May sales increased. Travelers agreed to acquire The Dominion of Canada for about $1.1 billion in cash.
Jun 10, 2013 11:01 AM ET
U.S. stocks traded sideways and resource sector stocks declined after China reported weak exports and imports data. U.S. debt rating outlook was revised by S&P.
Jun 10, 2013 10:13 AM ET
European markets traded sideways and Italian economic shrinkage was revised to 0.6%. French industrial output increased in April from March but the production was still lower than a year ago month. Resource stocks in Europe declined after China reported weak trade data.
Jun 10, 2013 9:46 AM ET
AstraZeneca agreed to acquire Pearl Therapeutics for $1.15 billion. Marks and Spencer plans to invest £200 million in a new distribution center. Consortium of investors abandoned its £5.3 billion offer for Severn Trent. Vue agreed to an offer of $935 million from Canada based private equity firms.
Jun 10, 2013 9:14 AM ET
Stocks in Tokyo rebounded as Bank of Japan starts a 2-day policy meeting and the Cabinet Office revised first quarter economic growth estimate to 4.1%. The yen weakened and the Nikkei soared 4.9%.
Jun 10, 2013 8:16 AM ET
Dharamsi Morarji net swung to profit on the rising sales. GMR Infra wrote off nearly $80 million on two of its global assets. HOEC net swung to loss. L&T secured road project worth $1.3 billion.
Jun 07, 2013 12:00 PM ET
Market indexes in New York traded higher after May unemployment rate rose to 7.6% and U.S. employers added 175,000 net new jobs. The labor market data was one of the better economic reports in the last five weeks. Walmart announced $15 billion share repurchase program.
Jun 07, 2013 11:17 AM ET
The Cooper Companies second quarter sales and profit climbed. Quiksilver net loss widened as revenue dropped. Thor Industries surged after third quarter sales and net jumped. TiVo settled its patent litigations. Vail Resorts third quarter net soared 23%.
Jun 07, 2013 10:45 AM ET
Stocks in Tokyo extended losses and the Nikkei declined to a two-month low. Government Pension Fund said it will increase its Japanese equities allocation by 1% to 12% and cut its bond holdings to 60%. The yen jumped close to 95 against one dollar.
Jun 07, 2013 10:28 AM ET
Bellway reservations in the last four months soared 31%. Hornby revenues dropped and net swung to a loss. Kcom revenue slid to £372.9 million and increased dividend by 11%. Severn Trent soared after consortium is said to have raised its takeover bid.