Aug 21, 2014 12:28 PM ET
U.S. market indexes traded higher after morning weakness. Bank of America agreed to pay $16.5 billion in fees and settlements to the U.S. Department of Justice. Family Dollar rejected $9 billion offer from Dollar General on anti-trust approval worries.
Aug 21, 2014 12:13 PM ET
Buckle net fell 2%. Dollar Tree net slipped 3% while sales jumped. Family Dollar rejected $9 billion acquisition offer of Dollar General. Hewlett-Packard profit plunged 29% after revenue barely rose 1%. L Brands net climbed 5%. Sears net loss widened.
Aug 21, 2014 11:50 AM ET
Costain profit doubled after revenue soared 18% to £504 million. GTECH received $10.7 billion bank loan to acquire U.S. based International Game Technology. Kazakhmys net swung to profit $49 million. Raiffeisen Bank net surged 19% to €371 million.
Aug 21, 2014 10:05 AM ET
Stocks in Tokyo closed higher and extended two-week advance and the weaker yen helped corporate earnings. The latest private survey showed manufacturing in Japan increased in August but the growth rate declined in China.
Aug 21, 2014 9:19 AM ET
Bhushan Steel declined 52-week low after financial crises and net debt jumped to $5.9 billion. Electrotherm India net loss widened. Maxwell profit rose 3%. Shilpa Medicare net climbed 13%. Signet net jumped 11%.
Aug 21, 2014 3:19 AM ET
Australian market indexes extended gains for the sixth session in a row but gains were trimmed in the afternoon after a private survey in China showed a marked decline in growth in manufacturing. Breville plunged 18% after CEO Jack Lord resigned. AMP net declined 3%.
Aug 20, 2014 12:31 PM ET
American Eagle net tumbled 70%. Hertz plunged after the rental services provider withdrew its outlook. Lowe’s profit soared 10%. PetSmart agreed to acquire Pet360 for $130 million. Staples net plunged 21%. Target net tumbled 62% and the retailer lowered outlook.
Aug 20, 2014 12:03 PM ET
Stocks on Wall Street advanced after lackluster morning trading ahead of Fed minutes of meeting release. Central bankers are scheduled to meet at the annual gathering organized by the Fed tomorrow. Target lowered its annual outlook. Hertz withdrew its forecast.
Aug 20, 2014 11:20 AM ET
Balfour Beatty rejected third revised takeover offer from Carillion. Carlsberg profit climbed 7% to 2.2 billion kronor. Glencore net swung to profit of $1.7 billion. Heineken net fell 1% to €631 million.
Aug 20, 2014 11:13 AM ET
Stocks in Japan closed higher and the Topix declined for the first time in seven days. Trade deficit in July widened but exports rose for the first time in the month on the higher shipments to Asia, Europe and the U.S.