Dec 24, 2013 10:47 AM ET
Bankia sold its stakes in private-equity firms. Boskalisís subsidiary won a contract for $275 million. Lagardere agreed to acquire 49% stake of Regie 1 from Publicis Groupe. Rio Tinto plans to sell 19.1% stake in copper and gold mine in Alaska.
Dec 23, 2013 1:06 PM ET
U.S. and world markets extended gains and gold and crude oil declined. U.S. household spending increased and consumer confidence index also advanced. China Mobile will begin selling Apple made phone.
Dec 23, 2013 11:44 AM ET
Jos. A. Bank Clothiers rejected acquisition offer from Men''''s Wearhouse. Piedmont Natural Gas net climbed 12%. Regency Energy agreed to buy midstream business of Eagle Rock Energy for $1.3 billion. Seagate agreed to acquire Xyratex for $374 million.
Dec 23, 2013 5:50 AM ET
Government in Japan planned for higher tax revenues from rising corporate taxes and higher sales tax and revenues bonds to pay for 43% of total spending, lower than 46.3% in the current fiscal year that ends in March.
Dec 23, 2013 10:21 AM ET
ARM Holdings rose after China Mobile announced its plan to sell Apple iPhone from next month. Prada said revenue climbed 10% to Ä2.6 billion. Siemens won orders for wind turbines and locomotives. Swatch won arbitration award of $449 million against Tiffany.
Dec 23, 2013 10:05 AM ET
In light trading, Australian market indexes extended gains. Three companies completed public offerings. Boart Longyear surged 15% after the company reaffirmed its earnings outlook. Syrah Resourced won a 25-year mining license in Mozambique.
Dec 23, 2013 9:51 AM ET
Hindustan Construction won a contract worth Rs 1,597 crore for power project in Uttrakhand. Il&Fs awarded a joint venture contract worth Rs 144.65 crore for a railway project. Qatar Investment is in talk with Kotak Realty Fund to invest $200 million.
Dec 20, 2013 3:46 PM ET
U.S. revised its third quarter economic growth estimate to 4.1%, the strongest increase in nearly two years but underlying rate of growth remained at 2.5%. Global markets surged and extended yearly gains and the dollar strengthened.
Dec 20, 2013 1:07 PM ET
Stocks in Japan closed higher and extended weekly gain to 3% and the yen eased and fell below 104 against one dollar. Bank of Japan kept its plan to expand monetary base intact and said inflation expectations are rising.
Dec 19, 2013 11:59 AM ET
Accenture net climbed 10%. ConAgra net jumped 18% and revenue soared 27%. Darden net plunged 41% but sales jumped 5%. Pier 1 Imports net rose 5%. Scholastic net dropped 6%. Rite Aid net surged 16% and extended agreement with GNC through 2019.