Jun 17, 2014 10:24 AM ET
Australian market indexes opened higher after the June RBA meeting minutes showed low interest rate environment is likely to continue. Automobile sales in May rose on a monthly basis but struggled from a year ago month. Royal Dutch Shell plan to cut its stake in Woodside to 4.5%.
Jun 17, 2014 9:33 AM ET
Essar Steel secured order to supply 102,000 tons of steel pipes from Gujarat government. Hindustan Zinc rose after government plans to sell its stake worth about Rs 20,000 crore. Tata Steel plans to raise up to Rs 14,000 crore.
Jun 16, 2014 12:24 PM ET
Level 3 plans to acquire TW Telecom for $5.64 billion. Medtronic agreed to a deal to acquire Covidien for $42.9 billion. SanDisk plans to buy Fusion-IO worth $1.1 billion. Williams Companies acquired Access Midstream for $5.99 billion. Yahoo plunged after Alibaba result.
Jun 16, 2014 11:49 AM ET
U.S. stocks declined after the IMF lowered its assessment of the U.S. economic outlook. Oil and gold rose after violence in Iraq intensified and Russia cutoff natural gas supplies to Ukraine.
Jun 16, 2014 11:07 AM ET
Mitchells & Butlers agreed to acquire rival operator Orchid Group for £266 million in cash. Ladbrokes extended the current bank loan facility. Vodafone agreed to acquire Italy-based Cobra Automotive Technologies for €145 million.
Jun 16, 2014 10:30 AM ET
Tokyo stocks declined after a 3-week rally and the yen advanced on the rising prospects of a U.S. airstrike in Iraq. Fighting intensified in Iraq and the oil prices extended gains for the third week in a row.
Jun 16, 2014 9:51 AM ET
Housing industry in Australia is expected commence on 180,000 new homes in the current year, an increase of 7.1% following 10.9% rise last year. Precious metals miners led the broader market advance after indexes reversed earlier losses in the day.
Jun 16, 2014 9:37 AM ET
Bank of India is planning to raise nearly $1.5 billion. GAIL reduced its stake in Dahej, Gujarat based petrochemical project controlled by ONGC. Net 4 India net swung to a loss. TCS lowered its quarterly outlook.
Jun 13, 2014 12:54 PM ET
Allegheny agreed to acquire Hanard Machine. Amaya buys Oldford Group for $4.9 billion. Express surged after Sycamore Partners offered a 9.9% stake. Finisar tumbled on cautious outlook. Intel lifted annual revenues outlook to $53.07 billion.
Jun 13, 2014 11:45 AM ET
Bonmarche pre-tax profit surged 85% to £11 million after revenues jumped 12%. Boohoo.Com profit and revenue soared. Ensor Holdings pre-tax profit plunged 20% and sales fell. Telenor intends to acquire remaining stake in India based mobile carrier Uninor.