Jul 01, 2014 1:10 PM ET
Agenus surged after positive result of cancer vaccine for brain tumor patients. Acuity Brands net soared 38% on 12% increase in revenue. Park Electrochemical net surged 67%. Timken completed its spin-off of its steel business.
Jul 01, 2014 10:26 AM ET
Bilfinger plunged after weak forecast. Fresenius sold its 5% stake in Rhön-Klinikum to Berenberg Bank. Hangar 8 lifted fiscal outlook. St. Modwen Properties profit soared 32% to £45 million and revenue surged 73% to £110 million.
Jul 01, 2014 12:05 PM ET
Stocks on Wall Street gained after auto sales were ahead of expectations and China reported a slight expansion in manufacturing. U.S. construction spending edged up in May but at a slower pace than in April. Chrysler, GM and Nissan reported higher than expected sales in June.
Jul 01, 2014 11:03 AM ET
L&T won contract of Rs 2,442 crore from Bharat Sanchar Nigam. Maruti Suzuki June sales surged 33.5%. M&M tractor June sales climbed 8%. Punj Lloyd won a contract worth $200 million in Kuwait. Sterlite secured defense contracts worth Rs 2,500 crore from BSNL.
Jul 01, 2014 10:46 AM ET
Stocks in Tokyo closed higher after Tankan survey showed rising inflation pressure and large companies revised higher capital spending plan by 7.4%. The yen weakened against the U.S. dollar. Takashimaya said June retail sales declined.
Jul 01, 2014 9:23 AM ET
Reserve Bank of Australia held rates at historic low of 2.5% for the eleventh month in a row and confirmed the strong housing industry expansion and low wage inflation. Capital cities home price index increased 1.4% in June.