Dec 06, 2013 9:37 AM ET
Cairn India bids for one oil and gas exploration block in Sri Lanka. Lupin launched generic version of capsules in the U.S. MphasiS net declined 9% and revenue surged 20%. Tata Motors plans to invest £240 million in a Brazil plant.
Dec 05, 2013 1:10 PM ET
U.S. stocks searched for a direction and the dollar declined after the European Central Bank held its key lending rate. U.S. economic growth in the third quarter was revised higher to 3.6%. Weekly jobless claims fell 23,000 to 298,000.
Dec 05, 2013 12:34 PM ET
Stocks in Tokyo declined after market indexes advanced for two days in a row. The yen gained 0.3%. Japan Tobacco acquired 20% stake in Russia based tobacco distributor. Seven & I acquired 45% stake in a department store operator Barneys Japan Co. Ltd. for an undisclosed sum.
Dec 05, 2013 11:59 AM ET
Connís net soared and sales surged 51%. Dollar General net jumped 14%. Essex Property offered to buy BRE Properties for $5 billion. GM plans to drop Chevrolet brand in Europe. Kroger net dropped 6% to $299 million. Microsoft won regulatory approval of acquisition of Nokia''''s mobile device business.
Dec 05, 2013 11:10 AM ET
Australian indexes plunged 1.4% and the dollar weakened further. Australian trade deficit in October widened to $529 million. Qantas plans to cut 1,000 jobs and may sell a stake in Jetstar. Westfield gained full control of retail complex at New York World Trade Center.
Dec 05, 2013 10:33 AM ET
DS Smith profit surged 65%. Getinge offered to acquire Pulsion Medical Systems for Ä139 million. Fondo Strategico Italiano leading the minority stake bid for fashion house Versace. Merck agreed to acquire AZ Electronic for £1.6 billion. Mulberry profit dropped 31%.
Dec 05, 2013 9:54 AM ET
Bharti Airtel raised Ä750 million to cut its $11 billion in debt. Cipla agreed to acquire its distributor in Croatia. Strides Arcolab sold Agila Specialties to Mylan for $1.75 billion. Swan Energy rose after board approved stock split. Wipro to exit from PC business.
Dec 04, 2013 4:08 PM ET
U.S. new home sales surged at the fastest pace in three decades in October. A separate report showed trade gap in the month declined 5.4% to $40.6 billion on lower petroleum products deficit. Market averages declined and stocks in Europe closed lower.
Dec 04, 2013 1:03 AM ET
Stocks in Tokyo fell a day after averages closed at a six-year high. The yen rebounded from a six-month low. Toyota and Nissan increased U.S. sales in November but Honda sales declined. Sony PlayStation PS 4 sales are ahead of expectations.
Dec 04, 2013 11:06 AM ET
Bob Evans net fell 3% and sales surged 19%. Express, the specialty retailerís net jumped 11%. G-III Apparel profit and sales soared 23%. NCR agreed to buy Digital Insight for $1.65 billion and Alaric Systems for $84 million from Thoma Bravo. OmniVision net surged.