Mar 12, 2014 9:22 AM ET
Adecco profit soared 48% to €557 million. Chobani is in talks with six potential investors for about a $5 billion investment. E.ON net fell 2% to €2.1 billion. Ferrexpo profit surged 21%. French government sold its 2.5% stake in Valeo.
Mar 12, 2014 9:18 AM ET
Gateway Distriparks increased its stake to 54.2% in Snowman Logistics. MakeMyTrip sold its 4.5 million shares to raise $115 million. SpiceJet placed an order for 42 Boeing 737 MAX aircraft valued at a list price of $4.4 billion.
Mar 11, 2014 11:16 AM ET
American Eagle declined on cautious outlook. Dick’s Sporting net jumped 7% after revenue climbed. Ferrellgas Partners net rose 3%. Park-Ohio Holdings profit climbed 15%. Urban Outfitters net jumped 7%. United Natural Foods net soared 24%.
Mar 11, 2014 10:33 AM ET
Chinese regulators and central bank followed with details of banking industry liberalization after President Xi Jinping laid out a framework in November. Five private banks will be permitted to launch banks as early as next years.
Mar 11, 2014 10:30 AM ET
Stocks on Wall Street paused and investors digested latest earnings announcements. Most companies have exceeded the low earnings expectations but retailers struggle and harsh winter played a role in consumer spending and construction sector.
Mar 11, 2014 10:03 AM ET
Fenner, the maker of polymer products lowered first-half outlook. Geberit net soared 13% and sales grew 5%. Galenica profit surged 16% to 296 million francs. Germany based reinsurer Hannover Ru net climbed 5%. Inchcape profit jumped 7% to £201 million.
Mar 11, 2014 9:38 AM ET
Insurance companies in Tokyo traded higher after the Bank of Japan reiterated its plan to purchase bonds between 60 billion yen and 70 billion a month. Market indexes in Japan are down 5.3% in the year so far and are at the bottom of eight most actively traded markets.
Mar 11, 2014 9:10 AM ET
Australian indexes turned volatile and investors focused on the lack of new demand for iron ore from China. BHP said it has made numerous short term productivity improvements in its iron ore division. Coca-Cola Amatil’s unit signed a five-year agreement to sell canned fruits to Woolworth.
Mar 11, 2014 8:40 AM ET
Godrej Properties develop a new project in Vikhroli with Boyce. HMT gained after government approved revival plans. Indian Oil will invest about Rs 3,150 crore to set up a polypropylene unit in Paradip and Kuwait Petroleum may take a stake.
Mar 10, 2014 10:59 AM ET
Alexion lifted sales and profit outlook for the year. Chiquita Brands agreed to acquire U.K.-based Fyffes Plc for $526 million. McDonald''s February sales dropped 1.4%. Regado Biosciences surged 20% on fast track regulatory approval status.