Oct 07, 2014 11:03 AM ET
Rio Tinto rejected merger offer from Glencore. Spirent tumbled after the company lowered revenue outlook. St. Ives sales rose 2.5%. Tricorn plunged after revenue in the second-half declined 6%.
Oct 07, 2014 10:06 AM ET
Alok Ind received bank guarantee worth $207 million. Ashok Leyland September unit sales surged 27%. Cera Sanitaryware net soared 48%. L&T secured expressway project in Uttar Pradesh. Tata Motors commercial and passenger vehicles sales declined 8%. TVS sales climbed 27%.
Oct 06, 2014 12:26 PM ET
Actavis agreed to acquire Durata Therapeutics for $675 million. Becton, Dickinson agreed to buy CareFusion for $12 billion. Chevron agreed to sell 30% stake of key shale play to Kuwait Foreign Petroleum for $1.5 billion. HP plans to split computer and printer businesses from enterprise division.
Oct 06, 2014 11:55 AM ET
Hewlett Packard announced to split the company into two and separate its printer and computer businesses from enterprise software and hardware operations. Becton Dickinson agreed to acquire CareFusion for $12.2 billion. Hilton agreed to sell the Waldorf Astoria in New York for $1.95 billion.
Oct 06, 2014 11:17 AM ET
Stocks in Tokyo advanced for the second day in a row and the yen traded near a new low against the dollar in the year. Life was disrupted in several regions of Japan after the typhoon Phanfone made a landfall. Osaka Organic quarterly net rose 10%.
Oct 06, 2014 10:40 AM ET
BG Group received $350 million payment from Egyptian government. Euro Disney agreed to €1 billion recapitalization plan, proposed by parent Walt Disney. ICA Gruppen divested its Norway unit for 2.8 billion kronor.
Oct 06, 2014 10:07 AM ET
Australian stocks extended five-week long losses and the Aussie dollar dropped to a four-year low. BHP Billiton said it plans to cut iron ore mining costs at Western Australia division by 25% and increase capacity by 65 million tons a year.
Oct 03, 2014 5:22 PM ET
Constellium agreed to acquire rival Wise Metals for $1.4 billion. Iamgold agreed to sell its Niobec mine to Magris Resources for $500 million. Linn Energy agreed to sell its Oklahoma and Texas-based assets for $2.3 billion. Zimmer agreed to buy ETEX Holdings.
Oct 03, 2014 12:21 PM ET
EasyJet surged after improved fiscal outlook. UniCredit agreed to sell its 16.4% stake in CA Immobilien for €295 million. United Utilities trimmed investment plans and said revised tariff rate to 2020 will save lower costs to consumers.
Oct 03, 2014 1:40 PM ET
U.S. jobs rebounded in September and unemployment rate dipped to 5.9%. On Wall Street, indexes advanced and the dollar gained against the Japanese yen and the euro. Gasoline prices at U.S. pump stations are down 10% from the high in the year.