Dec 04, 2013 10:20 AM ET
Deutsche Bank fined €725 million. Elekta net plunged 33%. Falck Renewables sold 49% stake in British wind farm projects for £153 million. Pearson agreed to acquire Brazil-based Grupo Multi for £505 million. Sage Group profit tumbled 84%.
Dec 04, 2013 9:58 AM ET
Australian markets halted a 3-day slide in a broad rally that included banks, miners and energy stocks. Dick Smith closed flat on the first day of trading and the electronics retailer raised $315 million in an offering. Nine Entertainment set its initial price and valued the company at $1.9 billion.
Dec 04, 2013 9:12 AM ET
GMR Infra plan to sell Emco Energy Ltd. Godrej Properties to buy back 49% stake in a Kolkata subsidiary. Mahindra Holidays sold its stake in two Austrian subsidiaries. RCom raised mobile internet data rates and reduced data limits.
Dec 03, 2013 2:28 PM ET
U.S. market indexes trended lower and investors digested retail and auto sales reports. General Motors sales increased 14%, Ford sales rose 7.2% and Chrysler sales surged 16%. Online sales on Cyber Monday surged but weaker sales at brick-and-mortar stores worried investors.
Dec 03, 2013 1:02 PM ET
The yen powered rally lifted market indexes lifted market averages near a six-year high. The yen dropped to the lowest since May. Sekisui Chemical soared 8% on a report that the company developed a cheaper and better material for batteries used in electric vehicles.
Dec 03, 2013 11:37 AM ET
Ascena Retail net jumped 4% as e-commerce sales soared 27%. Auto sales in November surged and Chrysler sales climbed 16% and Ford sales jumped 7%. General Motors sales climbed 19%. Krispy Kreme net surged 36%.
Dec 03, 2013 10:17 AM ET
Betfair profit climbed 56% but revenue dropped. Sweett Group profit doubled and revenue declined 18%. ThyssenKrupp AG completed its €882.3 million through an offering and unwound its financial relationship with Finland based company.
Dec 03, 2013 9:40 AM ET
Australian current account deficit widened in the third-quarter to September and dollar dipped after the Reserve Bank of Australia left its key rate at record low 2.5%. October retail sales rose more than expected at 0.5% to $22.8 billion.
Dec 02, 2013 8:39 AM ET
GDF Suez won a $500 million bid to build and operate thermal plants in Peru. L''Oreal launched its €500 million share buyback program. Outokumpu and ThyssenKrupp severe financial ties and plan to raise capital. UBS plans to raise €1.75 billion.
Dec 03, 2013 8:36 AM ET
Alstom T&D secured an order worth Rs 79 crore. Ashok Leyland November sales declined 27%. Bajaj Auto sales dropped 17%. Hero MotoCorp total sales climbed 9%. L& T won new orders worth Rs 1,471 crore.