Sep 27, 2013 9:11 AM ET
Australian market indexes closed above 5,000 and gained for the seventh week in a row. Australian budget deficit was lower than previous estimated at $18.8 billion but the deficit is estimated to surge above the $30 billion estimate. Mirabel Nickel plunged after losing a major customer.
Sep 26, 2013 12:28 PM ET
Market indexes on Wall Street advanced despite the ongoing uncertainty about the possible government shutdown as early as next week. eBay agreed to acquire payment processing platform services provider Braintree for $800 million. U.S. second quarter growth rate estimate was unrevised at 2.5%.
Sep 26, 2013 11:58 AM ET
Bed Bath & Beyond net surged 15%. eBay agreed to acquire Braintree for $800 million in cash. Ferrellgas loss narrowed and Hertz Global plunged after weak full-year guidance. H.B. Fuller net jumped 6% as revenue grew 3%. Jabil Circuit profit surged 53%. McCormick reported flat net.
Sep 26, 2013 11:23 AM ET
Colruyt lowered full-year outlook. H & M Hennes said profit for the quarter soared 22%. Ladbrokes cuts its operating profit outlook in digital division. Bankia sold 12% stakes in Mapfre for a gain of €165 million. Thomas Cook plunged after winter bookings are below a year ago period.
Sep 26, 2013 10:04 AM ET
Market indexes in Tokyo staged a turn around after falling as much as 1% in a volatile and listless trading. Shipping companies surged more than 3% and banks advanced more than 1%. Lixil Group soared 4% on a deal to buy Germany based Grohe. Advantest plunged on the third annual loss forecast.
Sep 26, 2013 9:22 AM ET
Lixil Group Corp and Development Bank of Japan agreed to acquire sanitary fixtures maker Grohe Group for 3.06 billion euros or $4.1 billion.
Sep 26, 2013 8:55 AM ET
Australian job vacancies declined 3.7% in the quarter to August. Australian market indexes rebounded in the afternoon traded and closed below 1% of its five-year high reached last week. Sonic Healthcare acquired Germany based Labco for $110 million.
Sep 25, 2013 12:29 PM ET
U.S. stocks shrugged off early weakness and rebounded after falling for three days in a row as lawmakers debate terms of debt ceiling limit. U.S. Treasury Secretary estimated government cash will drop to $50 billion in three weeks.
Sep 25, 2013 11:38 AM ET
AutoZone net surged. Ascena Retail surged after profit climbed on higher sales. The merger between Applied Materials and Tokyo Electron will create the largest chipmaker with $29 billion in sales. Clovis plunged. Carnival net plunged 30%. Stryker agreed to acquire MAKO Surgical for $1.65 billion.
Sep 25, 2013 10:59 AM ET
Stocks in Tokyo eased ahead of sales tax decision by prime minister next week. Tokyo Electron agreed to be acquired by Applied Materials in all stock deal valued at $7 billion. Electronics and auto makers led the decliners in Tokyo trading today.