Sep 23, 2014 11:50 AM ET
On Wall Street market indexes struggled after the U.S. Treasury issued new rules to crackdown on inversion deals. At least eight large deals that are announced but not completed are likely to face higher costs or regulatory obstacles.
Sep 23, 2014 11:55 AM ET
Eurazeo sold remaining 7.13% stake in Rexel for 320 million. Mothercare will raised£100 million through rights offering. Philips to merge its healthcare and consumer lifestyle businesses. Tate & Lyle fell on weak outlook. Yara Intl is in merger talk with CF Industries.
Sep 23, 2014 9:57 AM ET
Australian indexes rebounded after a private survey in China showed manufacturing sector expanded. Aussie dollar traded volatile in the day as precious metals and crude oil prices remained under pressure. Kathmandu Holdings, the retailer of travel products said annual net fell 9%.
Sep 23, 2014 9:41 AM ET
Bajaj Electricals won contract worth Rs.108.63 crore. EIL secured a consultancy contract from Assam Petrochemicals. IFCI divest its stake in Tourism Finance Corp. Sunil Hitech forecasted revenue of fiscal 2015 of about Rs 2,200 crore.
Sep 22, 2014 1:48 PM ET
World markets declined sharply after a selloff in Asian markets on weak commodities prices. Chinese finance minister dashed all hopes of additional stimulus and coal, iron ore, crude oil and precious metals dropped to multi-year lows.
Sep 22, 2014 5:55 AM ET
The yen rebounded from its six-year low but market indexes extended losses after shippers, exporters and resource companies led the decliners in Tokyo trading. SoftBank plunged nearly 5% after investors preferred to invest directly in Alibaba Group Holdings.
Sep 22, 2014 12:40 PM ET
AutoZone net soared 7% on 5% increase of revenue. Auxilium Pharma rejected $2.2 billion offer from Endo Intl. CARBO Ceramics tumbled after unexpected sales outlook. Neogen net and revenue surged.
Sep 22, 2014 1:38 PM ET
Sweden based Investor AB agreed to buy additional shares of Wartsila for 639 million. Merck agreed to acquire Sigma-Aldrich for 13 billion. Siemens plans to acquire Dresser-Rand for $7.6 billion and home-appliance business of Robert Bosch GmbH for 3 billion.
Sep 22, 2014 11:12 AM ET
Australian indexes plunged 1.3% and erased almost all the gains in the year so far after spot iron ore and coal price took another dive. Australian dollar traded weaker and resource companies led the decliners.
Sep 22, 2014 10:54 AM ET
Bharti Infratel dropped on report that KKR & Co will divest its entire stake. Crompton Greaves selected by the electric utility company to manufacture smart meters. JK Tyre is expected to approve a stock-split. L&T won new orders worth Rs 1,577 crore.