Mar 06, 2015 11:25 AM ET
Continental net surged 24% to €2.4 billion and lifted sales outlook. Thomas Cook surged 24% after Fosun agreed to acquire 5% stake for £92 million. Unibail-Rodamco agreed to sell its asset to TIAA Henderson for €176 million. Wendel lowered Bureau Veritas stake for €1 billion.
Mar 06, 2015 9:03 AM ET
Market indexes in Japan extended gains for the second day and the yen eased after the ECB lifted inflation and growth estimates. For the week, the Nikkei index gained 0.9% and the yen traded above 120 mark.
Mar 06, 2015 8:52 AM ET
Australian market indexes traded lower and for the week declined 0.5% after China lowered its growth estimate and iron ore prices continued to drift lower. Six smaller resource companies in the ASX 200 index will be replaced by retail, healthcare and travel management companies.
Mar 05, 2015 12:52 PM ET
Stocks lacked direction in New York and the dollar edged higher. ECB President Draghi offered sovereign bond purchase plan details and also lifted growth and inflation targets. Crude oil and gold eased.
Mar 05, 2015 12:41 PM ET
AbbVie agreed to acquire Pharmacyclics for $21 billion. Citigroup divested its 10% stake in Turkey-based Akbank TAS for $1.2 billion at a loss. Costco net surged 29%. Ciena and H & R Block net loss narrowed. Kroger profit rose 2%.
Mar 05, 2015 10:37 AM ET
European Central Bank estimated higher and accelerating growths well into 2017 and said inflation target is within reach. adidas yearly net tumbled 38% to €490 million. Carrefour profit was nearly flat at to €1.4 billion and the retailer plans to invest as much as €2.6 billion in fiscal 2015.
Mar 05, 2015 9:02 AM ET
Stocks in Tokyo advanced after retreating for two days in a row and the Bank of Japan stepped up purchase of ETFs for the first time in three weeks. Pharmaceutical stocks were in focus for the second day on above average dividend yield.
Mar 05, 2015 8:16 AM ET
Australian trade deficit in January surged on weak commodities prices and retail sales in the month accelerated to 0.4% increase. Fortescue announced a plan to refinance debt and extend bank loans. Woodside won a regulatory approval to acquire Western Australia energy assets.
Mar 05, 2015 7:33 AM ET
Adani Power and JSW Steel won coal mining rights in Jharkhand. Crompton Greaves received three orders from Energy Efficiency Services. KEC International won orders worth ₹1,243 crore. RInfra plans to buy 18% stake at ₹819 crore in Pipavav Defence.
Mar 04, 2015 1:01 PM ET
Market indexes declined for the second day in a row and February auto sales increased less than expected. GM, Chrysler and Nissan reported rising sales but Ford sales declined.