Jun 10, 2014 12:04 PM ET
CML Microsystems profit climbed 18% and revenue fell 1%. Carclo profit surged 48%. Phoenix IT Group pre-tax loss narrowed to £29 million. Tesco launched banking services at stores.
Jun 10, 2014 10:58 AM ET
Stocks in Tokyo halted after a 12-day rally and the yen gained on the growing speculation that Bank of Japan stimulus steps are working through the economy. Token Corp fiscal sales rose 7%.
Jun 10, 2014 10:22 AM ET
Stocks in Australia closed lower in thin trading following higher market index opening. Active trading in smaller companies dominated extending the trend in place for the last three months. Australian dollar closed higher.
Jun 10, 2014 11:54 AM ET
Eros agreed to acquire a controlling stake in Universal Power System. Geometric signed maintenance contract with Sweden-based AB Volvo. HDFC Bank trimmed its stake in Reliance Ports. Tata Power increased its power generation capacity in Maharashtra with the launch of solar power plant.
Jun 09, 2014 12:34 PM ET
U.S. market indexes gained and deal news dominated. Merck agreed to acquire Identix Pharmaceuticals, the maker of experimental Hepatitis C drugs for $24.50 a share or about $3.9 billion. Tyson Foods made a binding deal to Hillshire Brands and offered $63 a share in cash or $7.8 billion
Jun 09, 2014 12:38 PM ET
American Energy agreed to acquire oil and gas assets in Texas, Ohio and West Virginia for $4.25 billion. Analog Devices acquired Hittite Microwave for $2 billion. Merck agreed to acquire Idenix for $3.85 billion. Tyson Foods makes a binding offer for Hillshire Brands in $7.8 billion.
Jun 09, 2014 10:46 AM ET
Metrovacesa agreed to sell 27% stake in Gecina at €92 per share. Lloyds will sell its 25% shares in TSB. Man Group agreed to acquire the U.S.-based Pine Grove Asset Management. Sanderson net slipped.
Jun 09, 2014 10:15 AM ET
Market indexes in Tokyo extended rally to the 12th day and the yen held firm near its 3-month average. Mobile telecom companies were in focus as the industry gears up for flat pricing plans. March quarter GDP estimate was revised higher to 6.7%.
Jun 09, 2014 9:00 AM ET
IDBI Bank plans to raise $680 million through a public offering. IRB Infra executed an agreement for a four-lane highway project. NTPC invited bids for thermal project of Rs 7,000 crore.
Jun 06, 2014 12:20 PM ET
Cooper net jumped 5%. Hertz restated financial results for the past three years. Men''s Wearhouse net tumbled 50%. Piedmont Natural Gas net climbed 12%. Thor profit surged 26%. VeriFone climbed after net loss narrowed as revenue jumped. Vail Resorts net soared 21%.