Jun 13, 2014 11:27 AM ET
Stocks on Wall Street struggled after Iraq violence lifted oil price and supply disruption worries. Priceline agreed to acquire OpenTable for $2.6 billion. Producer prices in May fell unexpectedly.
Jun 13, 2014 10:50 AM ET
Priceline Group Inc agreed to acquire OpenTable Inc. for $2.6 billion in cash. The online travel group offered $103 a share, 46% premium from to OpenTableís closing price.
Jun 13, 2014 10:18 AM ET
Producer Price Index for final demand declined 0.2% in May after rising 0.6% in April, the Labor Department said today in Washington.
Jun 13, 2014 9:18 AM ET
Bank of Japan kept its monthly stimulus plan and lifted its assessment of foreign economies. The central bank will continue to print money at historic pace of 60 trillion yen to 70 trillion yen. Meiji Holdings agreed to acquire India based generic drug maker for $290 million.
Jun 13, 2014 9:09 AM ET
BHEL commissioned 68 megawatts hydro power plant in Himachal Pradesh. Central Bank of India board approved capital raising by issuing 71 million shares to LIC. Edelweiss Financial Services intends to issue a non-convertible debenture of Rs 200 crore.
Jun 13, 2014 8:52 AM ET
Australian stocks turned lower ahead of a 3-day weekend and Aussie dollar rose to a seven-month high and iron ore prices dropped to a 2-year low. Reserve Bank of Australia is scheduled to release its June board minutes of meeting on Tuesday.
Jun 12, 2014 12:52 PM ET
Iraq tensions and weak retail sales dragged market indexes in New York and in Europe. Oil futures rose to $105.89 a barrel and gold gained. U.S. retail sales in May rose less than expected and weekly jobless claims gained 4,000.
Jun 12, 2014 12:33 PM ET
Eros International net dropped 7%. Lululemon tumbled after net plunged 60% but revenue climbed 11%. Landsí End net soared 48%. Restoration Hardware net swung to profit. W.W. Grainger said daily sales in May jumped 6%.
Jun 12, 2014 11:57 AM ET
Tokyo stocks decline from a 4-month high and the yen held firm. Takata Corp, the maker of air bags for Toyota, extended losses for the second day after defective air bags may need more fixes. Tokyo Dome quarterly net plunged 63%. Fanuc and Komatsu dropped on weak exporters.
Jun 12, 2014 11:32 AM ET
Hitachi agreed to participate with Mitsubishi and Siemens to bid for France based Alstom. Home Retail said sales at Argos and Homebase business climbed. Lonmin surged after settling wage dispute at African mines. Mulberry profit plunged 54%. Volex said net loss in the year widened.