Sep 16, 2014 11:20 AM ET
ASOS plunged after issuing third profit warning. Lafarge divested its Russia-based cement plant to Buzzi Unicem for €104 million. Orange offered €3.4 billion to Spain-based Jazztel. Thomas Cook declined after fiscal outlook.
Sep 16, 2014 11:18 AM ET
Stocks in Tokyo closed lower after a three-day weekend and the Topix index fell from a six-year high. Tokyo Dome fell 3.6% after the baseball stadium operator said annual net income is likely to drop 38%. SoftBank gained after Alibaba lifted its IPO price range.
Sep 16, 2014 10:00 AM ET
Reserve Bank of Australia held out for possibility of weakening Aussie dollar and noted home prices remain elevated and appear to be driven by speculative demand. AngloGold Ashanti dropped its plan for splitting the company. Iron ore price rebounded 4% after a month long decline.
Sep 16, 2014 9:09 AM ET
Hindustan Unilever is in talk with Everstone Capital for investment in Modern Foods division. JSW Steel agreed to buy Italy-based Lucchini for $100 million. Mastek separated its insurance and service business into a new company. Central government of India approved the sale of 5% in ONGC.
Sep 15, 2014 12:12 PM ET
Cognizant Technology agreed to buy privately held TriZetto for $2.7 billion. Danaher agreed to acquire Switzerland-based Nobel Biocare Holding for $2.2 billion. Microsoft agreed to acquire Sweden-based Mojang for $2.5 billion.
Sep 15, 2014 12:16 PM ET
Aker Solutions won five-year contract from Petrobras for $465 million. Hannover estimated net profit for the year of €850 million. Micro Focus agreed to acquire U.S.-based rival Attachmate Group for $2.4 billion. Mojang agreed to a $2.5 billion deal from Microsoft.
Sep 15, 2014 12:05 PM ET
Stocks on Wall Street extended previous week losses after industrial production declined in August. Microsoft agreed to acquire game developer Mojang AB for $2.5 billion. Cognizant agreed to acquire healthcare IT services provider Trizetto for $2.7 billion.
Sep 15, 2014 11:00 AM ET
Australian market indexes traded lower after iron price remained weak and the China fuelled resource boom continued to weaken. Industrial production growth in Chia in August slowed. Australian dollar closed below 90 U.S. cents for the first time in six months.
Sep 15, 2014 10:28 AM ET
Autoline sells its U.S. subsidiary for $9 million. Fortis Healthcare sells its Singapore-based diagnostics unit for S$137 million. RIL raised its stake in Reliance Jio to about 99%. RPP Infra won new order worth Rs 55.20 crore in Uttar Pradesh.
Sep 12, 2014 9:55 AM ET
Stock market in Japan looked to currency trading and the yen declined to new six-year low and traded above 107 against the U.S. dollar. For the week, the Nikkei increased 1.8%. Ateam, the online gambling site operator estimated higher annual revenues and earnings.