Mar 26, 2015 10:48 AM ET
Deutsche Postbank net plunged 16% to €278 million on 8% decline in revenues. easyJet dropped on weak outlook. SolarWorld net swung to profit of €464 million on 26% increase in revenues. Vossloh net swung to a loss of €206 million. Telefonica Deutschland net swung to a loss of €721 million.
Mar 26, 2015 9:49 AM ET
Nikkei index in Tokyo closed lower following an Asia-wide sell-off sparked by more than 1% decline in New York. Ichibanya Co said third-quarter earnings surged 39% on 6% increase in revenues. Mitsubishi Motors plans to invest $500 million in Indonesia.
Mar 26, 2015 9:40 AM ET
Australian markets plunged following weak closing in New York. Despite the jump in oil prices, resource companies and banks declined. Bank of Queensland said net profit in the first-half increased 14%.
Mar 26, 2015 8:32 AM ET
Indexes in Mumbai led the decline across Asia after a sell-off in New York. Amtek Auto to buy U.S.-based TRW Automotive Holdings Corp.’s suspension unit for $500 million. Tata Power plans to buy 50% stake in Zambia-based Itezhi Tezhi Power.
Mar 25, 2015 2:26 PM ET
Market indexes on Wall Street dropped more than 1% after durable goods orders declined in February largely because of weakening exports on higher dollar. Heinz kicked-off long awaited consolidation in food industry with the purchase of Kraft at 27% premium.
Mar 25, 2015 1:02 PM ET
Apollo Education net swung to a loss on 14% decline in revenues. Kraft Foods agreed to merge with H.J. Heinz backed by 3G Capital and Berkshire Hathaway. Christopher & Banks net tumbled 22%. Lindsay profit plunged 33%. Lexmark plans to acquire Kofax for $1 billion. Paychex Net Jumped.
Mar 25, 2015 12:02 PM ET
Airbus plans to sell its stake 17.5% in Dassault Aviation as the French government looks to raise capital. Balfour Beatty net loss widened to £59 million. Bellway net profit surged 57% to £126.4 million. Conwert net jumped 7% but revenues declined 26%.
Mar 25, 2015 11:18 AM ET
Nikkei index trimmed losses of the day after investors remained focused on dividend expiry on Thursday. Nikkei is likely to surpass 20,000 mark as long term investors remain in accumulation phase as wage gains spread across the economy.
Mar 25, 2015 10:57 AM ET
Australian market indexes bounced around looking for a direction after Reserve Bank highlighted rising risks in the housing market. Aussie dollar gained and stocks closed higher in active trading.
Mar 25, 2015 9:22 AM ET
Stocks in Mumbai declined for the sixth day in a row. NTPC won the latest coal mining awards as the central government speeds up allocation. Tata Motors announced a rights plan to raise $1.2 billion. Sun Pharma completed the purchase of the troubled Ranbaxy Laboratories.