Sep 25, 2014 11:01 AM ET
The yen declined to a new six-year low and lifted market indexes to a new six-year high after investors increase stock exposure ahead of dividends. The yen closed at 109.25 against one dollar and the Nikkei Average gained 1.3%.
Sep 25, 2014 10:49 AM ET
Australian banks led the latest decline in stocks after the Aussie dollar dropped to the yearly low on the unwinding of yield-trade. Australia is facing weakening commodities prices, falling Aussie dollar and the exit of international investors.
Sep 25, 2014 10:07 AM ET
Andhra Bank plunged 12% on worries of loans to coal miners who are facing license cancellation. Jaypee Infratech tumbled after RPower abandoned to buy three hydropower projects. Punjab Alkalies surged after government approved divestment. SBI board approved 10-for-1 stock split.
Sep 24, 2014 7:37 AM ET
Stocks on Wall Street gained after a three-day slump and new home sales rebounded sharply after three months of volatile data. Wal-Mart Stores Inc plans to launch checking account services that does not charge overdraft fees. India successfully placed its satellite in Mars orbit.
Sep 24, 2014 12:27 PM ET
Nikkei Stock Average dropped again on the weakness in metal and crude oil prices. The yen rebounded from its six-year low. Starbucks is set to acquire remaining stake in the Japan subsidiary. Amada Co, the maker of laser machinery estimated higher than expected six-month profit.
Sep 24, 2014 12:14 PM ET
Accenture net jumped 5%. AAR net tumbled 20% and revenue declined 9%. Bed Bath & Beyond profit plunged 10% but sales increased 4%. KB Home net edged up on 7% increase of revenue. Paychex net jumped 5%. Vail Resorts net loss widened but sales climbed.
Sep 24, 2014 12:04 PM ET
Australian market indexes slipped and banks and miners extended the decline as the ASX index has wiped out all the gains in the year so far. Australia lowered its estimate of iron ore price to $94 a ton from $105 a ton. Reserve Bank of Australia focused on curbing speculation in housing market.
Sep 24, 2014 11:19 AM ET
Aditya Birla group is in talks with Educomp to acquire its schools business. IDBI Bank plunged after Supreme Court order on scrapping coal blocks. SAIL finalized its production capacity of 50 million tons by 2025. Thermax won an export order worth about Rs 339 crore.
Sep 24, 2014 11:15 AM ET
Arrow Global agreed to acquire Capquest for £158 million. Barclays agreed to pay find of about £38 million. Nobia sell Hygena unit for €20 million in cash. Royal Bank of Scotland priced its IPO for Citizens Financial at $21.5 per share. TNT Express tumbled on weak outlook.
Sep 23, 2014 12:09 PM ET
Ascena Retail net rose but sales dropped. Boeing received an order from Ethiopian Airlines valued at list price of $2.1 billion. CF Industries is in merger talk with Yara International. Carnival net surged 37%. CarMax net and revenue soared 10%. Ennis net rose 2%.