Mar 10, 2015 9:03 AM ET
Market weakness extended for the second day on Dalal Street on the resurgent U.S. dollar. Monnet Ispat won the Utkal-C coal block rights for ₹770 per ton in Orissa. PC Jeweller partnered with U.S.-based online jeweller Blue Nile.
Mar 10, 2015 8:56 AM ET
Australian dollar weakened along with currencies in Asia and emerging markets on the resurgent dollar. Gold declined and iron ore prices eased. AMP Limited raised $540 million for its global infrastructure fund.
Mar 09, 2015 1:38 PM ET
Stocks in New York rebounded on Merger Monday. Simon Property launched a hostile offer for the rival Macerich. Alcoa agreed to acquire RTI Metals. GM plans to buy back $5 billion of its stock. European markets declined after Greek proposal fell short of expectations.
Mar 09, 2015 1:06 PM ET
RTI Intl surged 41% after Alcoa agreed to acquire for $1.5 billion. Blackstone agreed to acquire Heartland Harvest for undisclosed amount. Concordia Healthcare plans to acquire privately held Covis Pharma for $1.2 billion. Simon Property agreed to buy Macerich Co for $22.4 billion.
Mar 09, 2015 11:16 AM ET
Air France KLM passenger traffic in February increased 0.6%. Balfour Beatty was appointed as civil contractor for Thames Flood Works. Clarkson revenues increase in revenues. WPP profit climbed 14% to £1.2 billion.
Mar 09, 2015 9:48 AM ET
Stocks in Tokyo fell and market indexes closed down and the yen traded above 121-mark against the U.S. dollar. The Asia-wide selloff was sparked after the latest U.S. jobs report suggested improving employment conditions and may lead the Federal Reserve to lift interest rates sooner than expected.
Mar 09, 2015 9:05 AM ET
Australian market indexes dropped 1.3% following Asia-wide decline. Investors sold stocks following a market selloff in New York on the growing speculation that the U.S. Fed will lift rates from near zero sooner than expected. Tabcorp completed its $236 million public offering.
Mar 09, 2015 10:19 AM ET
Markets in India tracked lower indexes in Asia following the growing worries that the U.S. Federal Reserve may lift rates sooner than expected. Ambuja, Hindalco, Jaypree and Jindal Steel won coal mining rights. DLF announced a plan to restructure debt-laden ₹15,000 crore projects.
Mar 06, 2015 1:04 PM ET
Market indexes on Wall Street dropped more than 1% after the latest jobs report fueled the sooner than expected increase in interest rate. In addition, the weakening euro also dampened the outlook for earnings growth at multinational companies.
Mar 06, 2015 12:05 PM ET
Buckle comparable store sales in February fell 3%. Big Lots net jumped 6%. Cooper net plunged 15%. Foot Locker net surged 21%. Fresh Market jumped more than ten-fold on 13% increase in revenues. Gap comparable store sales dropped 4%. Staples net climbed 23%.