Oct 28, 2014 9:52 AM ET
Australian stocks traded lower and resource and construction services companies were in focus. Gold and oil eased in local and regional trading. Bega Cheese Ltd said first-half revenues jumped 6.5%. Silver Lake Resources retained its annual gold production target.
Oct 28, 2014 9:38 AM ET
ABB India quarterly profit climbed 25%. Alstom India won a contract of Rs 671 crore. L&T secured a contract worth Rs 2,989 crore. Linde India net plunged 90%. Ranbaxy Laboratories net swung to profit. Lupin net surged 55% on 19% increase in revenues.
Oct 27, 2014 12:31 PM ET
Chiquita agreed to be acquired by a Brazil-based Cutrale-Safra group for $1.3 billion. Merck profit declined 20% on 4% decrease in revenues. Precision Drilling net surged 80%. Roper net rose 14%. Seagate net plunged 11%. Valeant raised offer to $200 per share to Allergan.
Oct 27, 2014 11:58 AM ET
European Central Bank released its second stress test report and said most banks in the euro zone met the requirements laid out in the stress test by the European Central Bank.
Oct 27, 2014 11:53 AM ET
Stocks on Wall Street eased following largest weekly gain in 22 months. Oil continued to slide as investors speculated global supply is rising faster than the demand. German business confidence dropped for the sixth month in a row.
Oct 27, 2014 11:20 AM ET
Novartis agreed to divest its influenza vaccines business to Australia-based CSL for $275 million. Petra Diamonds quarterly revenue climbed 55%. Saab signed $5.4 billion contract with Brazilian government for 36 Gripen fighters. TNT Express net swung to a loss of €55 million.
Oct 27, 2014 10:09 AM ET
Nikkei 225 index in Tokyo traded higher and the yen eased against the dollar. Market indexes extended weekly gains after most banks in the euro zone passed the ECB stress test. Bank of Japan said service price index rose 3.5% in September from the previous month when prices were flat.
Oct 27, 2014 9:46 AM ET
Australian market indexes extended 2-week advance and banks were in focus ahead of quarterly results. Crude oil eased and the Aussie dollar gained against the U.S. dollar. CSL Limited agreed to acquire flu vaccine business of Novartis for $297.4 million.
Oct 27, 2014 9:33 AM ET
Amrutanjan Health Care quarterly profit surged 38%. Hindustan Unilever net jumped 8% on 11% increase in revenues. Indiabulls Securities profit climbed 27%. Kajaria Ceramics net soared 48%. Nerolac Paints net and revenue surged. Shanthi Gears profit plunged 60%.
Oct 24, 2014 12:13 PM ET
European markets traded lower ahead of bank stress report scheduled to be released this Sunday. European Central Bank is scheduled to take over as the euro zone’s bank supervisor.