Oct 07, 2013 9:23 AM ET
Airbus won its first order from Japan Airlines worth £5.9 billion. Burberry chief executive officer said Chinese luxury-goods sales are likely to grow at the slowest pace. Rolls-Royce secured two orders valued $496 million. Solvay agreed to buy privately-held US based Chemlogics for $1.35 billion.
Oct 04, 2013 1:44 PM ET
U.S. market indexes gained higher but political leaders showed no interest in compromising. Rating agencies also appear conflicted and under political pressure not to downgrade U.S. debt. Twitter files to raise as much as $1 billion.
Oct 04, 2013 12:59 PM ET
Stocks in Tokyo edged lower and investors shifted focus to domestic issues. U.S. government remained shut for the third day and debt default date approaches in two weeks. The yen weakened and commodities prices rose.
Oct 04, 2013 11:40 AM ET
Computer Services net jumped 7% as revenue climbed 11%. Forest Oil sold its oil and gas assets in Texas to Templar Energy LLC for $1 billion. IDT Corp net swung to a loss but sales climbed 7%. Union Pacific forecast third-quarter operating revenue. Xyratex net tumbled 77%.
Oct 04, 2013 10:49 AM ET
Australian market indexes traded lower and the Aussie dollar gained as commodities prices were flat in regional trading. Leighton Holdings faced more media allegations of corruption. Oil Search and its Papua New Guinea LNG gas venture partner Exxon Mobil completed $1.5 billion financing.
Oct 04, 2013 10:16 AM ET
Lindt & Spruengli plans to buyback its own shares up to 2014. Carpetright lowered its full-year profit outlook. John Wood lifted its fiscal operating earnings growth outlook. Nokian Tyres lowered operating profit forecast.
Oct 03, 2013 1:45 PM ET
U.S. market indexes trended lower as world investors began factoring a possible debt default and rising probabilities of a prolonged government default. With each passing day investors are debasing the fate of the reserve currency of the world.
Oct 03, 2013 1:05 PM ET
Stocks in Tokyo and Asia generally closed down as world investors began to factor in long term implications of the U.S. government shutdown and a debt default possibilities rise. U.S. is the largest debtor nation on the earth and increases its annual debt $1 trillion.
Oct 03, 2013 12:26 PM ET
Bassett Furniture net fell but sales jumped. Constellation Brands profit surged to $1.52 billion. CalAmp net plunged 24% and revenue surged 34%. Electro Rent climbed 12% and International Speedway said quarterly loss widened. Texas Industries net swung to profit.
Oct 03, 2013 11:00 AM ET
Aviva sold its U.S. unit for £1.7 billion. easyJet lifted its fiscal outlook. FirstGroup plans to extend the U.K. rail contract up to 2015 and will pay £32.5 million. GlaxoSmithKline reached agreement to sell its thrombosis brands. Intertek to acquire Global X-Ray & Testing for £45 million in cash.