Jun 20, 2014 11:10 AM ET
Market indexes in Tokyo edged lower on Friday but extended gains for the fifth week in a row. The yen closed below 102 mark against the U.S. dollar. Mitsubishi Heavy and Siemens revised their combined bid to $19.9 billion for Alstomís energy business.
Jun 20, 2014 10:44 AM ET
Australian market indexes dropped and closed at the low in the session but precious metals linked stocks gained after gold jumped 3%, the largest one-day gain in the year. Mantra Group, second largest hotel and resort group in Australia closed up 4% on first day of trading.
Jun 20, 2014 10:41 AM ET
Cairn India plans to invest $200 million in Rajasthan. Indiabulls buys property worth £155 million in a prime location in London, UK. Tata Motors invested £200 million in the UK. UPL sold its entire stake in its Brazilian subsidiary to Italy-based Sipcam.
Jun 19, 2014 11:40 AM ET
BlackBerry net swung to profit. Clarcor net jumped 5%. IHS profit and revenue surged. Kroger net advanced 4.2% on 10% rise in sales. Rite Aid net plunged 54%. Red Hat dropped 7% but revenue soared 17%.
Jun 19, 2014 10:48 AM ET
Balfour Beatty secured a £184 million contract. Charles Stanley profit declined 30% but revenue climbed 17%. Man Group agreed to acquire Numeric Holdings for $494 million. L''Oreal agreed to acquire NYX Cosmetics. Rolls-Royce to buyback £1 billion of shares.
Jun 19, 2014 10:37 AM ET
U.S. weekly jobless claims at the end of last week hovered near a seven-year low. European and Asian markets advanced after U.S. policy makers estimated rates to remain low for at least another two years. Oil traded at elevated level and gold gained.
Jun 19, 2014 9:49 AM ET
Market indexes in Japan rose following a rally in Asian markets after the U.S. policy makers issued a dovish interest rate outlook. Nikkei index gained 1.6% and yen strengthened to 101.78 against one dollar. Tokai Tokyo Financial and Nissan Chemical advanced on earnings reports.
Jun 19, 2014 9:05 AM ET
Australian market indexes opened higher and closed up 1.6% after iron ore prices recovered to above $90 a ton. Weak interest rate outlook in the U.S. for the next two years also lifted market sentiment. Ten Network dropped on weak revenue outlook.
Jun 19, 2014 8:38 AM ET
Crompton Greaves put up a part of its land parcel of Mumbai for sale. EIL signed a contract with Nigeria based company worth $139 million. United Spirits plunged after Diageoís open offer ended today. RCom plans to raise $400 million.
Jun 18, 2014 3:31 AM ET
Stocks on Wall Street turned higher after Fed trimmed its bond buying program for the fifth meeting in a row and cited improving labor market conditions and business spending. Fed also raised its estimate of rates for the next two years.