Jul 16, 2014 11:40 AM ET
Gtech agreed to acquire International Game Technology for $6.4 billion in cash. Husqvarna net climbed 48% to 975 million kronor. Meggitt surged on takeover bid for about £5 billion. Rio Tinto maintained production guidance. Tele2 profit surged 122% to 818 million kronor.
Jul 16, 2014 10:09 AM ET
Bajaj Finance profit and revenues climbed. Bharti Airtel sold its Beetel Teletech to the U.S.-based Brightstar. Federal Bank net surged 108%. Kotak Mahindra Bank net jumped 7%.
Jul 15, 2014 12:36 PM ET
Albemarle agreed to acquire Rockwood Holdings for $6.2 billion. Comerica net rose 5%. Goldman Sachs profit climbed 5%. Johnson & Johnson lifted earnings outlook. JPMorgan net declined 8%. Reynolds American buys Lorillard for about $27.4 billion.
Jul 15, 2014 11:58 AM ET
U.S. market indexes traded sideways and investors worried on rising valuations. Fed Chair Janet Yellen suggested economy still needs monetary support but did not offer a timetable for interest rate increase. Reynolds America and Lorillard revealed merger details.
Jul 15, 2014 11:36 AM ET
Airbus signed major orders for A320 Family aircraft at the Farnborough International Airshow 2014. Bwin.party Digital revenue climbed 44% to €105 million. Michael Page gross profit rose 2% to £137 million. Volkswagen plans to cut costs for about €5 billion from 2017.
Jul 15, 2014 9:39 AM ET
Investors focused on latest earnings announcements and market indexes in Japan rose for the second day in a row. Matsuya Co, the department-store operator swung to a quarterly profit. Maezawa Industries soared 27% on annual earnings outlook.
Jul 15, 2014 9:03 AM ET
Australian stocks closed unchanged and weak bank stocks cut early market indexes advance. Aussie dollar traded below 94 U.S. cents. Coles supermarket entered in a joint venture with GE Capital to sell personal financial products. OZ Minerals lifted its annual production outlook.
Jul 15, 2014 8:42 AM ET
DCB Bank net jumped 5% on 35% increase in revenue. L&T secured an order worth $846 million from Kuwait. NIIT net declined 19%. Sadbhav Engineering received a work order worth Rs 550 crore from a mining company in Rajasthan state. Tata Sponge profit surged 145%.
Jul 14, 2014 12:23 PM ET
Australian indexes advanced in thin trading dominated by small cap stocks. Aussie dollar held firm and investors turned optimistic ahead of earnings season this week. Shareholders approved David Jones merger with South Africa based Woolworths Holdings.
Jul 14, 2014 12:20 PM ET
Aecom Technology agreed to buy URS Corp for $4 billion. Citigroup net tumbled 96% and agreed to pay $7 billion to settles mortgage securities related charges. Mylan is in talks to acquire non-U.S. drugs portfolio of Abbott for about $5.3 billion.