Sep 12, 2013 9:36 AM ET
Australian look ahead to interest rate decision at the next meeting of policy makers after employment in August month declined 10,800. The broad weakness across many industries lifted hopes of another rate cut and labor participation rate declined to 65%.
Sep 11, 2013 1:23 PM ET
U.S. market indexes traded sideways and rebounded in the early afternoon. Weakness in Apple dragged S&P 500 index lower. Verizon launched $49 bond offering to pay for the remaining stake in its wireless unit. Xoom Corp trades higher after it completed its secondary offering.
Sep 11, 2013 10:20 AM ET
Market indexes in Tokyo closed nearly flat and the yen weakened. NTT DoCoMo announced its plan to offer popular iPhone gadgets from Sept 20 to halt market share slide. Retail investors stay focused on real estate companies.
Sep 11, 2013 9:50 AM ET
Home builder Barratt said profit jumped 11% on rising housing demand. Ithaca Energy surged on positive oil field test results. Kingfisher profit soared 70% and Sports Direct profit climbed 23%. Tesco agreed to sell its U.S. based 150 Fresh & Easy stores for up to £150 million.
Sep 11, 2013 9:40 AM ET
Australian market indexes closed at a 5-year after a batch of positive economic data from China and consumer confidence index gained locally. The Australian dollar firmed. Charter Hall agreed to buy Perth based shopping center from Westfield for $225 million.
Sep 10, 2013 3:02 PM ET
Stocks on Wall Street gained and S&P 500 index advanced for the sixth day in a row after concerns about military strike against Syria eased and China reported another batch of positive economic data. Market indexes in Europe and Asia soared and crude oil eased more than $2 a barrel.
Sep 10, 2013 12:06 PM ET
Crocs lowered its third quarter revenue outlook. Five Below surged after net swung to profit as sales soared 35%. HD Supply plunged after quarterly net loss widened. PVH net swung to a loss of $16 million but revenue climbed 47%. Twitter buys MoPub for $300 million.
Sep 10, 2013 11:05 AM ET
Australian stocks closed higher and business confidence index gained in anticipation of election results. Tabcorp won an extension of a gambling license for 20 years. Santos acquired 60% stake in a wet gas project and committed investment to accelerate commercialization.
Sep 10, 2013 10:39 AM ET
Ashmore jumped after fiscal year update. Amiad Water dropped after profit slid. Glencore raised its estimate of synergies to $2 billion from Xstrata takeover. Jaguar plans to invest £1.5 billion in U.K. that will create 1,700 jobs. Whitbread total sales climbed 10.8%.
Sep 09, 2013 3:24 PM ET
Market indexes in New York gained after three large deals were announced today. Neiman Marcus agreed to be sold for $6 billion. Billionaire Koch Brothers agreed to buy Molex for $7.2 billion. Glaxo sold its nutrition drinks business to Japan based Suntory for £1.35 billion in cash.