Jul 09, 2014 10:01 AM ET
Australian stocks dropped 1% following weak international markets. Resolute Mining Limited said gold production in financial year was 342,773 ounces, less than estimated. Aurizon Holdings and Baosteel inched closer to acquire Aquila Resources.
Jul 09, 2014 9:21 AM ET
Bank of Baroda issued fixed rate senior unsecured notes of $250 million. GMR Infra raised Rs 1,477 crore through a secondary offering. Infosys net profit expected to decline 11%. Indusind Bank profit surged 26%. SpiceJet offered one million seats at a deep discount price.
Jul 08, 2014 1:30 PM ET
Stocks on Wall Street edged lower ahead of earnings season and worries linked to stretched valuation. AbbVie revised its offer for UK listed Shire Plc for the third time and offered $51 billion.
Jul 08, 2014 12:55 PM ET
AbbVie revised its takeover offer for $51.5 billion after rejecting of three previous offers. Delta Air Lines reduced its flights on dispute with Venezuela. Macquarie Infrastructure agreed to acquire the remaining 50% stake of Intl-Matex Tank Terminals for $1 billion.
Jul 08, 2014 12:43 PM ET
Stocks in Tokyo closed lower and the yen traded nearly unchanged. Japanís current account surplus surged in May to 522.8 billion yen but declined 7.7%. Casio Computer plans to buy back 3% of its stock.
Jul 08, 2014 1:32 PM ET
Air France plunged after weak fiscal outlook. Marks and Spencer first-quarter sales jumped 2.3%. Monitise lowered its revenue forecast. Shire received third takeover offer from AbbVie. SIG said sales climbed 6.5% to £1.29 billion.
Jul 08, 2014 11:24 AM ET
Australian market indexes closed down after trading in a narrow range. Trading volume was weak even though banks and resource stocks dominated the session. Aristocrat Technologies raised $375 million for its $1.4 billion bid to acqure Video Gaming Technologies.
Jul 08, 2014 10:31 AM ET
Cipla plans to invest up to £100 million in U.K. Hero Motocorp set up a manufacturing facility in Colombia and invest $70 million. ICRA net surged 32%. RIL acquired Network 18 Media and TV18.
Jul 07, 2014 1:09 PM ET
Stocks on Wall Street traded lower led by a fall in small cap stocks. Monday merger led to more deal announcements in the U.S. and Europe. ADM agreed to acquire Wild Flavors for $3 billion. Argentina enters in talks with bond holders.
Jul 07, 2014 3:17 AM ET
Stocks in Tokyo eased and market indexes turned lower after a week of advance led by a decline in resource and retail stocks. FamilyMart jumped 4.5% after Itochu plans to increase its stake to 37% before the end of current fiscal year. Aeon dropped 5% after quarterly net plunged.