Dec 18, 2013 12:07 PM ET
Stocks in Tokyo surged on the expectations of details of economic reform as early as this week. Japanís trade deficit in November surged to a record as fuel imports.
Dec 18, 2013 11:52 AM ET
FedEx net climbed 14% and lifted its full-year outlook. General Mills net rose 1% on flat sales. HEICO net soared 25%. Jabil Circuit climbed 11%. Lennar net surged 32%. VeriFone net swung to a loss $247.7 million.
Dec 18, 2013 10:35 AM ET
Centrica sold three gas power stations to Blackstone for £420 million in cash. Elektrobit jumped after the company lifted its annual outlook. TUI net swung to profit. Technip declined after lowered the revenue forecast.
Dec 18, 2013 10:00 AM ET
Australian and Asian markets closed slightly lower as investors awaited U.S. Fed decision later in the day. Australian dollar extended losses. Bega Cheese said it will not revise its offer for Warnambool Cheese. Woodside Petroleum said Browse Project would have cost at least $80 billion.
Dec 18, 2013 9:24 AM ET
Future Retail received regulatory approvals to sell 22.5% stake of its insurance business. L&T secured a $450 million order from Qatar. U.K. based retailer Tesco plans to acquire 50% stake for $110 million in Trent Limited.
Dec 17, 2013 1:24 PM ET
U.S. market indexes drifted lower and the dollar edged slightly higher against the euro and the yen. Fed is scheduled to wrap up its 2-day meeting tomorrow. U.S. governmentís measure of inflation was flat in November. German economic sentiment index is at 7-year high.
Dec 17, 2013 12:08 PM ET
3M lifted its quarterly dividend by 35%. AT&T sold its landline business in Connecticut for $2 billion. Boeing raised quarterly dividend by 50%. FactSet Research net jumped 5%. KKR agree to buy KKR Financial for $2.6 billion.
Dec 17, 2013 11:09 AM ET
Indexes in Tokyo advanced for the first time in five days and the yen traded near five-year low. Japanese government budget is expected to expand at least 4.5% in the next fiscal year. Riso Kyoiku plunged 15% and the company plans to investigate possible fraud at a subsidiary.
Dec 17, 2013 10:55 AM ET
CGG plunged 17% after the seismic surveyor lowered its fiscal outlook. Cable and Wireless climbed on report AT&T is one of the bidders. Dixons Retail said net loss narrowed and revenue jumped 6%. Rexel slid after a major investor sold its entire 7% in the distributor.
Dec 17, 2013 10:01 AM ET
Australian government deficit is expected to be three times larger than previously estimated and it will be at least three more years before the federal budget returns to surplus. Reserve Bank of Australia sought additional weakening of the Aussie dollar.