Jul 30, 2013 9:33 AM ET
Australian indexes rebounded from the low and barely closed higher after supportive comments from Reserve Bank governor. New home approvals in Australia plunged 13% from a year ago. Leighton won a $2.8 billion contract to build casino in Macau.
Jul 30, 2013 9:17 AM ET
City Union Bank net climbed. Geometric profit soared 39% as revenue jumped. Havells India net soared 18%. IPCA Laboratories net surged 67%. Jaypee Infratech profit in the first quarter plunged 61% and Merck net declined 17%.
Jul 29, 2013 2:25 PM ET
U.S. market indexes were on the decline and index of pending existing home sales fell from a seven year high. Banks and financial stocks gained. On merger Monday, Saks agreed to a $2.4 billion deal. Two advertising giants, France based Publicis and New York based Omnicom agreed to merge.
Jul 29, 2013 1:02 PM ET
Stocks in Tokyo fell sharply after investors turned cautious ahead of the flood of earnings in the week and the yen gained. Investors also shied away from risk assets as lawmakers are not scheduled to meet for the next six weeks.
Jul 29, 2013 12:36 PM ET
CNA Financial net jumped 17%. Franklin Resources net fell 3%. Loews net climbed nearly four-fold. Perrigo agreed to acquire Elan Corp for $8.6 billion. Saks agree to be acquired by Hudson''s Bay Co for $2.9 billion. Roper net slid 3% and Wynn Resorts profit dropped 6%.
Jul 29, 2013 11:45 AM ET
Danone said underlying net income for the period slid 1%. Essilor agreed to acquire its stake in Transitions Optical venture from PPG. Hiscox profit for the period surged 27% to £180.7 million. Publicis agreed to merge with Omnicom Group.
Jul 29, 2013 10:54 AM ET
Australian indexes closed higher in thin trading and more mining companies warned of tougher times ahead. Newcrest Mining credit rating was cut. OZ Minerals announced a one-time charge. Rio Tinto agreed to sell a stake in a copper mine to a China based company.
Jul 29, 2013 8:50 AM ET
Colgate India unit net soared. J.K. Cement profit and sales declined. Jaiprakash Associates net and sales surged. UltraTech Cement net fell 13% and sales dropped 2%. Wipro guided a slight increase in current quarter sales.
Jul 26, 2013 1:51 PM ET
Samsung Electronics Co said it will invest $18 billion in its memory chip and display businesses in the current fiscal year. Net income, excluding minority interest, increased 50% to 7.58 trillion won.
Jul 26, 2013 1:46 PM ET
U.S. indexes drifted lower on weaker than expected earnings and a weakness in auto sector dragged market sentiment in Europe. SAC Capital pleaded not guilty to criminal charges and Halliburton agreed to pay maximum statutory fine and also made a voluntary contribution of $55 million.