Feb 18, 2014 8:41 AM ET
Reserve Bank of Australia indicated in the latest statement that interest rate may remain stable in the near term and the Aussie dollar traded above 90 U.S. cents. BHP Billiton first-half revenues increased 5.6% and net surged 83% on cost cutting and shelving capital spending.
Feb 18, 2014 8:31 AM ET
ABB India net and revenue climbed. Bharti Airtel agreed to acquire Loop Mobile for Rs 300 crore. Castrol India profit and sales jumped 7%. GSK Pharma profit declined 16%. Gujarat Pipavav net surged 114% and revenue soared 22%.
Feb 17, 2014 11:07 AM ET
December quarter economic growth in Japan was 0.3% from the previous quarter and the economy expanded at annual pace of 1%. The yen gained. The sharply lower growth was worrisome to economists as the nation faces higher sales tax from April 1.
Feb 17, 2014 10:39 AM ET
Essar Energy received takeover offer worth £900 million. Fidessa net jumped 5%. Hammerson profit in the year soared £262.6 million. MorphoSys received a milestone payment from Novartis for clinical trials. SGL Carbon and BMW plan to invest €100 million to double the production.
Feb 17, 2014 10:31 AM ET
Australian market indexes extended gains and resource stocks led the advance. New car sales in January declined 3.5% to 93,232 on broad weakness in the market. Aurizon Holdings Limited said first-half net declined but doubled its dividend. Australand Property full-year profit declined 25%.
Feb 17, 2014 9:21 AM ET
ABG Shipyard net swung to a loss. Allcargo jumped after profit and sales climbed. DLF slid after net and revenue jumped. MMTC net swung to a loss. MTNL net swung to a profit. Punj Lloyd net swung to a loss. SAIL profit jumped 10%. Suzlon Energy net loss narrowed.
Feb 14, 2014 2:26 PM ET
U.S. stocks advanced and investors views the latest economic data with caution as inclement weather affects economic activities. Industrial output in January unexpectedly declined 0.8% and U.S. consumer confidence was better than expected this month. Rakuten to pay $900 million for Viber Media.
Feb 14, 2014 1:55 PM ET
Stocks reacted to earnings and economic news in the euro zone region. The economy in the region advanced at a faster than expected pace led by Germany and France. Schindler AG declined 1% on a fall in annual net. ThyssenKrupp soared 4% on better than expected operating earnings.
Feb 14, 2014 12:29 PM ET
GNC plunged after the vitamin supplement retailer reported less than expected quarterly earnings. Weight Watchers International tumbled 26% after the diet food purveyor lowered earnings outlook. Jos. A. Bank agreed to acquire Eddie Bauer for $825 million.
Feb 14, 2014 11:50 AM ET
Australian market indexes advanced 0.9% on Friday and soared nearly 3% in the week. Total housing loans increased 1% in December in Australia but fell 1.5% when adjusted for seasonal factors. Rio Tinto swung to profit on record output. Newcrest Mining net plunged on write downs and $120 million tax.