Dec 10, 2014 9:10 AM ET
Australian market indexes opened lower on a weakness in banks and resource sector after Greek political turmoil lowered market indexes in Europe. Seasonally adjusted new home loans in Australia increased 0.3% to nearly 52,000 in October.
Dec 10, 2014 8:42 AM ET
BHEL plans to set up a solar photo-voltaic unit in Maharashtra. Cipla sold 48% stake in Jiangsu and RCapital sold 16% stake in Yatra.com. Tata Power acquired Ideal Energy Projects in Maharashtra. RIL and Chinese firm are in a textile joint venture.
Dec 09, 2014 2:31 AM ET
Market indexes on Wall Street and in Europe fell more than 1% after Greek political crisis plunged Athens benchmark index more than 13%. In addition, China tightened lending restrictions and held out for slower growth in the second largest economy in the world.
Dec 09, 2014 11:37 AM ET
AutoZone net jumped 3% on 8% increase in revenues. Argan net increased 4%. Burlington Stores and H & R Block net loss widened. Conn''''s net swung to a loss. Verizon declined despite positive outlook.
Dec 09, 2014 11:03 AM ET
Nikkei and Topix indexes closed lower after analysts held out for weaker yen in the next six months. Oil futures declined to a five-year low and metals trended lower after speculators exit the market. Token Corporation, the construction company reported first-half results in line with expectations.
Dec 09, 2014 10:17 AM ET
Australian market indexes plunged following a sharp decline in oil and gold prices. Australia’s largest export, iron ore, also declined on the worries that steelmakers are delaying orders in the hopes of cheaper prices in the next year.
Dec 09, 2014 10:11 AM ET
ASOS total group revenues climbed 8% to £252 million. Esure Group agreed to acquire remaining 50% stake of Gocompare.com for £95 million. InterContinental Hotels agreed to sell its Paris-Le Grand hotel for €330 million. Tesco said profit for the year not to exceed £1.4 billion.
Dec 09, 2014 9:10 AM ET
HCL won a customer service software contract from the U.S.-based Washington Gas. IOCL plans to set up LNG terminal in Tamil Nadu. ITC plans to invest Rs 1,000 crore into dairy and juice business. Sun Pharma received approval from the antitrust regulator to acquire.
Dec 08, 2014 12:43 PM ET
Market indexes on Wall Street traded lower and crude oil futures declined nearly 4% to a five-year low. China reported record trade surplus in November partly on the cheaper oil and commodities imports and buyers delay oil purchase on the prospect of weaker oil.
Dec 08, 2014 12:09 PM ET
Blackstone Group agreed to sell its portfolio of 26 office buildings in Northern California for $3.5 billion. Ingles Markets net climbed 13%. Merck agreed to acquire Cubist Pharmaceuticals for about $9.5 billion. McDonald November sales plunged. Vail Resorts net loss narrowed.