Sep 05, 2013 12:53 PM ET
Alliant Techsystems agreed to acquire Bushnell Group for $985 million in cash. Connís net plunged 18% and Calavo Growers profit jumped 13%. Jos. A. Bank net declined 39% and comparable sales plunged 15.9%. Nordion net surged $180.4 million.
Sep 05, 2013 11:56 AM ET
The European Central Bank lifted its outlook for GDP in the current year to a shrinkage of 0.4% from the earlier estimate of 0.6% in June.
Sep 05, 2013 11:55 AM ET
U.S. market index traded higher and weekly jobless claims declined 9,000 to 323,000. Service industry index tracked by a private company showed an expansion in the U.S. Auto sales in August were the best in five years as consumers show willingness to replace ageing vehicles.
Sep 05, 2013 10:47 AM ET
After a day of volatile trading stocks in Tokyo closed lower and the yen weakened for the third day in a row. Shipping companies traded higher after freight rate index soared 4%. Japanese auto makers reported strong auto sales in August in the U.S.
Sep 05, 2013 9:50 AM ET
Australian market indexes recovered from the mid-day lows and trimmed loss to 0.4%. Weak commodities prices dragged resource stocks lower. Air New Zealand won regulatory approval to increase its stake in Virgin Australia to become the largest shareholder.
Sep 05, 2013 9:37 AM ET
KKR led consortium is poised to invest as much as Rs 600 crore in Apollo Hospitals. Coal India signed supply contract with sixteen power projects. HCL secured contract from U.S.-based Direct Energy. ONGC endure to raise debt of $2.64 billion deal with Anadarko.
Sep 04, 2013 1:07 PM ET
Ciena net loss narrowed and revenue climbed 14%. Francescaís Holdings net declined 15%. Ford August unit sales surged 12% and GM sales rose 11%. Navistar net swung to a loss. SAIC profit plunged 62%.
Sep 04, 2013 12:38 PM ET
U.S. stocks extended gains for the third day as political leaders prepare for a military strike against Syria on flimsy evidence and weak arguments. U.S. trade deficit in July widened to $39.1 billion. Euro zone economic growth was confirmed at 0.3%.
Sep 04, 2013 12:03 PM ET
Ashtead profit surged as revenue climbed 24%. Iliad chief executive officer sold its stake valued Ä320 million. ProSiebenSat 1 Media confirm KKR and Permira sold stakes valued Ä760 million. Ryanair lowered fiscal outlook. SAS net surged 58%.
Sep 04, 2013 9:47 AM ET
Market indexes in Japan gained for the third day in a row and the yen eased for the second. Shipping companies closed higher on positive comments from analysts. The Bank of Japan began its 2-day meeting today and sales tax increase talks gained momentum.