Aug 28, 2014 9:24 AM ET
Stocks in Sydney declined and capital expenditure in the June quarter rose 1.1% but fell 4% from a year ago. The better than expected total capex masked the difficulty faced by the economy in transitioning from the mining led boom.
Aug 28, 2014 8:56 AM ET
Fedders Lloyd net plunged 64%. Indraprastha Gas acquired a stake in Maharashtra Natural Gas. Jindal Saw plans to acquire PSL North America for $100 million. Tata Motors challenge the Competition Commission of India.
Aug 27, 2014 12:19 PM ET
Analog Devices net rose 3%. Brown-Forman profit jumped 5%. Chico''s net tumbled 45%. Donaldson net was flat but sales climbed 6%. Heico net surged 15%. REX American net soared 278% but sales declined 14%. Tiffany net surged 16%.
Aug 27, 2014 12:11 PM ET
U.S. market indexes struggled and the S&P 500 index traded above 2,000 for the second day in a row. Congressional Budget Office raised its estimate of federal budget deficit to $506 billion, largely on lower than expected corporate tax revenues.
Aug 27, 2014 11:52 AM ET
The Congressional Budget Office on Wednesday said federal budget deficit will smaller than previous estimate over the next decade, as the low interest rates trim government’s cost of borrowing.
Aug 27, 2014 11:48 AM ET
Oi intends to acquire stake in Tim Participacoes from Telecom Italia for $8 billion. Foxtons Group net surged 64%. Marine Harvest net swung to a loss of 142 million kronor but revenue climbed 48%. Seadrill net tumbled 65%.
Aug 27, 2014 3:19 AM ET
Stocks in Tokyo closed higher and the yen eased for the third day in a row. Central Japan Railway sought a 9 trillion yen plan approval for high speed trains between Tokyo and Nagoya by 2027.
Aug 27, 2014 9:01 AM ET
Australian stocks closed higher and June quarter total construction declined 1.2% on a quarterly basis. Telstra Corp and Woodside Petroleum traded ex-dividend. Worley Parsons annual net dropped 23% and engineering contractor announced job cut of 1,700.
Aug 27, 2014 8:55 AM ET
Canara Bank dropped after announcing a stock split for 5-for-1. Supreme Court ordered DLF to pay Rs 630 crore within three months. Infosys maintained revenue growth for the year. SBI reduced its home loan by 0.15%. Venus Remedies in a partnership with Teva.
Aug 26, 2014 1:15 PM ET
Burger King Worldwide Inc agreed to acquire Tim Hortons Inc for C$12.5 billion or $11.4 billion in a deal partly financed by Warren Buffett’s Berkshire Hathaway Inc.