Aug 20, 2014 9:02 AM ET
Ashok Leyland sold residential properties in Chennai and raised Rs 210 crore. Cadila Healthcare received the final approval from the U.S. drug regulator for anti-viral drug. Eros acquired worldwide rights of Zee TV premier content. Moser Baer net loss widened.
Aug 20, 2014 8:39 AM ET
Reserve Bank of Australia Governor Glenn Stevens focused on rate stability in a speech to parliament. Australian markets extended two-week gains and prices of iron ore remained firm for Shanghai delivery. Woodside Petroleum first-half net increased 27%. Wesfarmers Ltd annual net increased 19%.
Aug 19, 2014 4:07 PM ET
U.S. stocks extended gains for the second day this week after geopolitical tensions eased and oil prices remained under pressure for the third week in a row. BHP Billiton decided to spin off assets as the mining boom wanes and company structure becomes unwieldy. World markets remain in the upswing.
Aug 19, 2014 2:29 PM ET
Stocks in Tokyo gained for the fifth day and Topix Index closed higher for the seventh day in a row. Resource linked stocks were actively traded after oil and metals prices eased and geopolitical tensions eased. The yen traded above 102 against one dollar.
Aug 19, 2014 12:17 PM ET
Dick''s Sporting net plunged 17% but revenue climbed 10%. Elizabeth net loss widened. Home Depot net soared 14.5% after sales jumped. Medtronic net declined 9%. TJX profit slid 0.5% while sales increased. Urban Outfitters net dropped 11%.
Aug 19, 2014 12:45 PM ET
Maersk profit surged 169% to 2.30 billion kronor and plans for share buy-back of 5.6 billion kronor. BHP Billiton net soared 23% to $13.8 billion and intends to spin off $15 billion of assets. Persimmon net climbed 63% to £163 million.
Aug 19, 2014 2:57 AM ET
Australian indexes advanced and investors focused on the latest earnings announcements. After the close, BHP Billiton reported annual revenues increased 1.9% and net earnings surged 23%. Insurance Australia Group net soared 59% on lower than expected costs.
Aug 19, 2014 10:00 AM ET
Adani Ports starts expansion of Dhamra Port. BHEL developed fuel flexible boiler. Godrej will manufacture soaps and insecticides at new plant in Seemandhra. JSW Steel agreed to acquire Welspun Maxsteel for Rs 1,000 crore.
Aug 18, 2014 12:51 PM ET
Market indexes on Wall Street soared 1% after investors focused on merger deals and domestic corporate news. Central bankers from around the world are scheduled to attend annual symposium organized by Federal Reserve this week.
Aug 18, 2014 11:59 AM ET
Dollar General offered $78.50 per share to Family Dollar. Google likely to acquire JetPac Inc. IBM received regulatory approvals to sale server business to Lenovo for of $2.3 billion. Ingersoll-Rand agreed to acquire Cameron Intl for $850 million.