Nov 19, 2014 12:19 PM ET
PetSmart net flat and KKR and Clayton plans to bid for $7.5 billion. Smucker net jumped 3% but revenues dropped 5%. Lowe''s profit surged 17%. La-Z-Boy net climbed 17%. Staples profit soared 60% and sales fell 3%. Stage Stores net loss narrowed. Target net jumped 3%.
Nov 19, 2014 12:03 PM ET
Arkema launched a rights issue to rise €350 million. ICAP profit soared 13% to £30 million while revenues declined 15%. Intertek plunged 7% after weak outlook. Royal Mail net tumbled 90% to £125 million on flat revenues. Soitec net loss narrowed to €83 million on 17% increase in revenues.
Nov 19, 2014 9:03 AM ET
GAIL signed gas-supply agreement with U.S.-based Cheniere Energy. Gammon Infra quarterly net swung to profit. HCL Tech net soared 32%. Info Edge plans to invest Rs 185 crore in Zomato Media. Power Grid approved two projects worth Rs 1,000 crore.
Nov 18, 2014 2:16 AM ET
Tollbooth Index jumped to record high after a broad rally in market was led by healthcare stocks. S&P 500 and Dow Jones closed at records as well. Crude oil fell 1.4% and gold gained 1.2%. Retailers were in focus after Home Depot reported better-than-expected earnings.
Nov 18, 2014 3:12 PM ET
Market indexes in Japan jumped more than 2% after Prime Minster Shinzo Abe dissolved parliament. The yen dropped 0.9% against the dollar and the euro. GS Yuasa announced a new version of battery technology. Nichias Corp reported a surge in first-half earnings.
Nov 18, 2014 1:44 PM ET
Australian market indexes traded lower tracking lower commodities prices. Qantas Air agreed to a joint venture with China Eastern Airline.
Nov 18, 2014 12:46 PM ET
Agilent net plunged 92% but revenues jumped 5%. Dicks Sporting fell 2% while sales rose 9%. Home Depot profit climbed. Medtronic net declined 8%. TJX net dropped 4% and lifted fiscal earnings guidance. Sunedison would acquire TerraForm Power for $2.4 billion.
Nov 18, 2014 11:03 AM ET
Altice net loss widened and Carlyle and Cinven sold their stakes. AstraZeneca rose on long term outlook. easyJet profit soared 13% to £450 million. Prudential new business profits in the third-quarter soared 17% to £1.5 billion. Wirecard acquired business assets from Visa.
Nov 18, 2014 10:08 AM ET
FTIL agreed to sell Mauritius-based exchange for $40.5 million. Punj Lloyd secured highway contract for Rs 666 crore. RJio signed for $1.5 billion syndicated term loan. Sesa Sterlite expand copper smelter plant worth Rs 2,500 crore. Tata Power rise Rs 1,500 crore via non-convertible debentures.
Nov 17, 2014 4:03 PM ET
Stocks on Wall Street lacked direction and two large deals dominated news. Baker Hughes agreed to a merger proposal from Halliburton Co for $34.6 billion and Allergan In accepted $66 billion offer from Actavis Plc. Japan entered a technical recession after the second quarter growth faltered.