Feb 23, 2015 8:15 AM ET
Market indexes in India declined for the second day in a row ahead of financial budge from the central government. GMR Infra and DLF plans to sell projects to private equity firms. Monnet Ispat won the coal block in Chhattisgarh. Rajesh Exports secured an order from UAE.
Feb 20, 2015 12:18 PM ET
U.S. market indexes turned lower from record highs after Greece and euro zone ministers began debt talks in Brussels as the deadline looms. Crude oil extended losses for the third day in a row. Nordstrom rose on earnings and Intuit gained narrowed loss.
Feb 20, 2015 11:53 AM ET
Echostar net surged 68%. Deere & Co profit tumbled 43% on 17% decline in revenues. Intuit net loss widened but revenues jumped 3%. Marvell Technology revenues and profit plunged. Nordstrom net declined 5% while net sales climbed 9%.
Feb 20, 2015 10:40 AM ET
European markets were in holding pattern after Greek debt negotiation fatigue sets in. Greek depositors accelerated bank withdrawals ahead of the Brussles talk which are expected to lead nowhere. Greece may impose Cyprus-style controls this long weekend to stem the rising tide of outflow.
Feb 20, 2015 10:00 AM ET
Nikkei stock average in Tokyo extended weekly gain and banks and financial services led the gainers. For the week, Nikkei index gained 2.3% on yen weakness. ANA is looking to offer financial support to the bankrupt Skymark Airlines.
Feb 20, 2015 9:30 AM ET
Australian market indexes eased and the Aussie dollar spiked above 78 U.S. cents. For the week, market indexes closed flat as investors worried the fate of Greek debt negotiations. Santos Ltd annual revenues rose 12% but swung to net loss. James Hardie reported rising revenues across all markets.
Feb 20, 2015 8:02 AM ET
Foreign investors continue to increase exposure to stocks in India with the focus on infrastructure and consumer products companies. Ultratech Cement won the Bicharpur coal block worth ₹3,003 per ton in MP.
Feb 19, 2015 1:17 PM ET
Germany rejected immediately the loan extension proposal requested by Greece and finance ministers in the euro zone are scheduled to meet on Friday.
Feb 19, 2015 1:04 PM ET
U.S. stocks reversed earlier decline after earnings from Wal-Mart Stores, Priceline, Direct TV and Discovery Communications. High drama of Greek debt negotiations continued as finance ministers set a meeting on Friday to discuss the latest proposal.
Feb 19, 2015 12:47 PM ET
Ball Corp agree to acquire U.K.-based rival Rexam for $6.85 billion. DIRECTV net dropped 4% and the number of subscribers rose. Discovery Communications net plunged 14%. Hormel Foods net surged 12%. Priceline revenues and net jumped 20%. Wal-Mart profit climbed 12%.