Mar 24, 2015 1:14 PM ET
Stocks on Wall Street lacked direction as investors assessed the latest read on consumer prices, corporate earnings and diverging growth data from the euro zone and China. The dollar remained firm against the euro and the yen as manufacturing index dropped to an 11-month low in China.
Mar 24, 2015 12:44 PM ET
G-III Apparel net surged 139%. HD Supply net loss widened but revenues climbed 7%. IHS lowered its revised forecast. McCormick profit tumbled 15%. Ocwen Financial agreed to sell mortgage servicing rights portfolio to Nationstar Mortgage.
Mar 24, 2015 10:59 AM ET
Hennes & Mauritz profit surged 36% to 3.6 billion kronor. U.K. based Kingfisher offered €275 million for its French rival Mr Bricolage SA. Land Securities agreed to divest 95% stake in an office building in London for £268 million to Blackstone. Wolseley net swung to a loss.
Mar 24, 2015 9:02 AM ET
In volatile and active trading, Australian market indexes closed higher and the Aussie dollar extended gains for the second week in a row. Kathmandu Holdings plunged 12% after announcing weak sales during holiday period.
Mar 24, 2015 8:43 AM ET
Stocks in Tokyo eased after investors booked profit following 5% rally in Nikkei this month. For the year so far, the benchmark index has jumped 13%. Japan revises corporate governance code and listed companies are now required to have at least two independent directors.
Mar 24, 2015 12:57 PM ET
Essar Power finalized a coal mining agreement and plans to restart its 1,200 megawatts power plant in Madhya Pradesh. Crompton Greaves won a contract in Paraguay. Fortune Financial Services secured 68.2% stake in Inga Capital Pvt Ltd.
Mar 23, 2015 1:21 PM ET
Market indexes on Wall Street fluctuated after the S&P 500 index logged its largest weekly gain in last six weeks. Crude oil and gold gained. Existing home sales rose 1.2% in February. On merger Monday, Humana agreed to divest its occupational health services provider Concentra for $1 billion.
Mar 23, 2015 12:45 PM ET
Airgas lowered its earnings per share forecast. FMSA net and revenues surged. Humana divested its subsidiary Concentra to MJ Acquisition for $1.05 billion and reiterated earnings outlook. Kansas City Southern plunged on lower revenues guidance. Veritiv net loss widened.
Mar 23, 2015 11:27 AM ET
Immofinanz offered to acquire 29% in CA Immobilien for €531 million as a counter offer. NewDay plans to raise £1 billion. Optimal Payments may acquire Sentinel Topco for €1.1 billion. China-based National Chemical agreed to acquire Italy-based Pirelli for about €7.1 billion.
Mar 23, 2015 11:11 AM ET
Stocks in Tokyo advanced and the Nikkei jumped to a new 15-year high. Japan Tobacco estimated lower than expected decline in operating earnings at the 30th annual general meeting since privatization. Eisai jumped 20% after the latest study showed effective treatment for Alzheimer disease.