Dec 17, 2014 10:52 AM ET
Stocks in Japan and in Asia stabilized but Nikkie index lacked direction. The yen gained a fraction and oil and gold closed up. Japan Tobacco plunged more than 7% on the worries of Russia sales and a possible increase domestic tax.
Dec 17, 2014 10:40 AM ET
Australian stocks rebounded after a string of losses in last five days of trading. Aussie dollar dropped to a new four-and-half year low. Santos Limited agreed to sell assets and reduce debt burden. 8I Holdings, Ohh Media and LatAm completed initial public offering.
Dec 17, 2014 9:23 AM ET
Alstom secured an order worth Rs 151 crore from Rajasthan. Jagran Prakashan plans to buy Music Broadcast Pvt. Ltd. for about Rs 500 crore. SpiceJet may request Indian banks or financial institutions to extend its loans for Rs 600 crore.
Dec 16, 2014 1:36 PM ET
Boeing and CVS Health increase quarterly dividend and expand stock buyback program. FactSet Research net climbed 7%. Navistar net loss narrowed. Talisman Energy surged 48% after a $13 billion deal with Spain-based Repsol. VeriFone net swung to profit.
Dec 16, 2014 1:17 PM ET
U.S. indexes and oil prices in New York were stable at least for today and Russia faced foreign exchange crisis. U.S. dollar and treasuries and the yen rose as investors avoided exposure to currencies of emerging markets.
Dec 16, 2014 12:05 PM ET
Australian stocks closed down following world markets weakness and the continued slide in oil prices. Oil futures extended losses for the sixth day in a row and Russian ruble collapsed forcing central bank to take emergency steps.
Dec 16, 2014 11:45 AM ET
BT Group is in talks to acquire EE for £12.5 billion in a cash-and-stock deal. BAE Systems awarded a contract worth £270 million from the Ministry of Defence. Metro AG profit surged 214% to €182 million but sales dropped 4%. Repsol agreed to acquire Talisman Energy for $13 billion.
Dec 16, 2014 10:21 AM ET
Stocks in Tokyo and Asia declined for the second day on the dramatic turn of events in Russia. Nikkei dropped 2% and extended two-day sell-off after Russia hiked interest rate by 6.5% to ward off capital flight. Asahi Holdings Inc agreed to acquire Johnson Matthey Plc for $186 million.
Dec 16, 2014 9:23 AM ET
IDBI Bank won the government approval to sell its 5% stake in National Stock Exchange. Motherson Sumi plans to acquire Germany-based Scherer & Trier worth Rs 283 crore. Oil ministry faces hurdles in recovering $2.4 billion for the lost oil production from KG D6 block.
Dec 15, 2014 2:50 PM ET
Stocks traded lacklustre in New York and Europe after oil price weakness extended to the sixth day in a row. Russian ruble plunged 9% and dropped to a record low of 64 against one dollar sparking capital flight of $125 billion. Market indexes across Europe drop more than 2%.