Sep 18, 2013 8:19 AM ET
Adobe net tumbled 7% as revenue dropped 8%. Cracker Barrel slid 1% and revenue and comparable sales jumped. FedEx net soared 7% and increase the rates. General Mills profit declined 16% but sales rose 8%. U.S. Treasury sold additional stake in GM to 7.3%.
Sep 17, 2013 8:12 AM ET
Aeropostale surged after activist investor increased its stake of 8%. Cvent said quarterly net swung to a loss but revenues climbed 36%. FactSet Research net climbed 28% to $51 million. Outerwall plummeted after the company lowered its third quarter outlook.
Sep 16, 2013 8:39 AM ET
Barclays said adjusted income fell by £500 million and the bank plans to sell 3.22 billion new shares to raise £5.8 billion. Deutsche Lufthansa split its order for jets. Hennes & Mauritz said comparable stores sales jumped 4%. Volkswagen plans to increase stake in China-based joint venture.
Sep 16, 2013 8:03 AM ET
Packaging Corp agreed to acquire Boise for $1.27 billion. Sears intends to obtain $1 billion loan. Sohu, Sogou and Tencent form a strategic partnership and Tencent invested $448 million in cash in Sogou.
Sep 16, 2013 10:48 AM ET
Australian stocks advanced and the gains in resource and financial stocks lifted the benchmark index to a new five-year high. Australian dollar edged to a 2-month high and gold and iron ore prices in international markets gained on a rally in Asian markets.
Sep 13, 2013 11:41 AM ET
Analogic net climbed 28% and Brady net swung to loss but sales climbed 22%. Kroger sales soared 14% after sales jumped 5% and Ulta Salon sales and profit surged. United Natural Foods net jumped 28%.
Sep 13, 2013 10:49 AM ET
Fresenius agreed to acquire 43 hospitals from Rhoen-Klinikum valued €3.07 billion. Gerry Weber profit dropped 10% and J D Wetherspoon net rose 4%. Societe Generale is likely to sell its Asian private banking unit. KKR NTC sold 11% stake of TDC for 4.17 billion krone.
Sep 11, 2013 8:27 AM ET
Coldwater Creek plunged after same store sales declined 7.3% and loss narrowed. Restoration Hardware net swung to a loss. Synnex to buy IBM''s worldwide customer care unit valued $505 million. Verizon launched $49 billion bond. Xoom priced public offering at $30.50 per share.
Sep 12, 2013 11:53 AM ET
Stocks on Wall Street edged lower and dollar was in focus and crude oil and gold trended lower after Syria tensions eased. Dell Inc shareholders approved company plan to go private in $25 billion deal. Hilton Worldwide files to raise as much as $1.25 billion. FaceBook Inc trades at a new high.
Sep 12, 2013 10:17 AM ET
Stocks in Tokyo fell for the second day in a row and the yen hovered near a 6-week low. Core machinery orders were unchanged in July. Mitsubishi Motors plans to raise as much as $2 billion to repurchase preferred shares held by affiliates. Sharp is expected to raise $1.5 billion.