Jun 18, 2014 2:24 PM ET
Stocks in Tokyo close higher and market indexes gained and yen trading was in focus after investors sought the safety in currency on the rising tensions in Iraq. Kobe Steel forecasted a return profitability in the current year. Seven & I plan to expand to Dubai in 2015.
Jun 18, 2014 12:59 PM ET
Actuant net swung to profit on 10% increase in sales. Adobe profit soared 16%. Air Products won a five-year contract from NASA. ConAgra CEO sold 50,000 shares on Monday. FedEx net more than doubled. JTH Holding net climbed 14%. La-Z-Boy profit declined 74%.
Jun 18, 2014 12:15 PM ET
Berkeley Group profit surged 40% to £293 million on 18% increase in revenues. BMW plans to reduce operating costs by €4 billion. First Quantum Minerals agreed to acquire Lumina Copper for $470 million. Premier Foods spun off its brand business.
Jun 18, 2014 11:11 AM ET
Australian trading volume surged after Royal Dutch Shell sold its stake in Woodside Petroleum. South Africa based Woolworth shareholders approved the deal to acquire David Jones. Aquila Resources recommended to merge with China based Baosteel.
Jun 18, 2014 9:44 AM ET
Cipla agreed to acquire 60% stake in a Sri Lankan company for $14 million. Kotak Mahindra won an approval to increase foreign investment ceiling to 40%. RIL plans to invest $11.7 billion in telecom business and expected the approval of higher natural gas price in the next budget.
Jun 17, 2014 3:23 AM ET
U.S. market indexes eased and Federal Reserve began two-day policy meeting. Gold and oil consolidated and violence in Iraq spread to more regions. Siemens and Mitsubishi Heavy offered a rival bid for energy business of Alstom SA in France. U.S. housing starts drop 6.5% in May.
Jun 17, 2014 1:00 PM ET
Siemens AG and its Japanese partner Mitsubishi Heavy Industries Ltd offered to acquire France based Alstom SA’s energy business and rival the $17 billion offer from General Electric.
Jun 17, 2014 12:24 PM ET
FactSet Research net dropped 4% despite revenue jumped 8%. Korn-Ferry net surged 74% on 9% revenue rise. Synutra Intl net swung to profit after sales surged 39%. SolarCity agreed to acquire Silevo Inc for $350 million.
Jun 17, 2014 2:56 AM ET
Stocks in Tokyo advanced on weaker than average volume and yen edged lower to close below 102 mark against the U.S. dollar. Casino game makers were in focus ahead of a parliamentary debate on casino laws tomorrow.
Jun 17, 2014 11:09 AM ET
Ashtead Group profit jumped 68% to £231 million on 24% increase in revenues. Consort Medical net plunged 47% to £13 million. Whitbread jumped after sales surged 14.6% to £323 million. Xaar lowered revenue outlook and gross profit margin.