Aug 26, 2014 1:12 PM ET
Stocks on Wall Street rose after durable goods soared in July and consumer confidence index jumped to the most since October 2007. Burger King agreed to acquire Tim Hortons for $11 billion in a deal financed by Warren Buffett.
Aug 26, 2014 12:08 PM ET
Best Buy net tumbled 45%. Bank of Montreal net was flat despite revenue jumped. DSW net rose 2%. Daktronics net climbed on 20% increase of revenue. Movado net slipped but revenue grew. Sanderson Farms profit jumped 12%. Tech Data net more than doubled.
Aug 26, 2014 10:57 AM ET
Antofagasta net plunged 16% after revenue declined 4%. Petrofac profit tumbled 44% and revenue plunged 11% but backlog surged 35% to $20 billion. Regus declined 5% to £25 million. UTV Media profit climbed 132% and revenue soared. WPP profit surged 26% to £396 million.
Aug 26, 2014 10:29 AM ET
The Topix and Nikkei indexes in Tokyo declined and the yen eased after rising for two weeks in a row. Nikkei slipped 0.6% and the Topix eased 0.5%. E-Seikatsu, the cloud services provider said quarterly net surged.
Aug 26, 2014 9:08 AM ET
Australian market indexes trimmed losses and weaker commodities prices dragged resource stocks for the second day in a row. Investors awaited the release of capital expenditure data tomorrow after March quarter spending decreased 4.2%.
Aug 26, 2014 9:00 AM ET
Havells India surged after announcing a stock split for 1-for-5. L&T signed a contract in Bangladesh for Rs 1,210 crore. Suzlon Energy plans to raise Rs 4,000 crore through the foreign currency convertible bonds. Shree Cement net dropped. Tech Mahindra gained on higher outlook.
Aug 25, 2014 12:22 PM ET
Atlas Mara agreed to acquire 50.1% controlling stake in the Africa based BancABC. London Stock Exchange profit surged 64% to £70 million. Phorm Corp net loss narrowed after revenue surged to $529 million. Roche agreed to acquire U.S.-based InterMune for $8.3 billion.
Aug 25, 2014 12:19 PM ET
Ann Inc soared 6% on takeover speculation. Burger King is in talks to acquire Canada-based doughnut-and-coffee chain Tim Hortons. Goldman Sachs agreed to settle mortgage-backed securities in $1.2 billion. Roche agreed to acquire InterMune Inc for $8.3 billion in cash.
Aug 25, 2014 10:52 AM ET
U.S. market indexes traded higher and European markets advanced. ECB President Mario Draghi signalled willingness to announce more monetary steps to revive economic growth in the euro zone. The euro traded lower and French government collapsed.
Aug 25, 2014 10:41 AM ET
Burger King Worldwide Inc., the second largest U.S. fast food chain, is in talks to acquire Canada based Tim Hortons Inc and move its headquarters to Canada and take advantage of lower-tax country.