Mar 17, 2015 9:38 AM ET
Australian stocks rebounded on the back of resource sector and banks. Gold and crude oil declined in trading in Asia and in Australia. BHP Billiton said the South32 spinoff cost is likely to reach $738 million.
Mar 16, 2015 9:15 AM ET
Blackstone agreed to acquire Willis Tower, in Chicago for $1.3 billion. Life Time Fitness in a deal to go private for about $4 billion. Schulman agreed to buy for $800 million. Scripps Networks agreed to acquire 52.7% stake in Poland-based broadcaster TVN for $619 million.
Mar 16, 2015 9:07 AM ET
Antofagasta may close it Chile-based Los Pelambres project after a court ruling. Eni signed an agreement with Egypt to invest as much as $5 billion. Aviva received regulatory approval for Friends Life. Holcim rejected €42 billion merger proposal from Friends Life.
Mar 16, 2015 9:05 AM ET
Market indexes in Tokyo declined and the yen weakened ahead of the U.S. rate decision this week. The yen dropped to a new six-year low after the euro extended nine-month losses to 40%.
Mar 18, 2015 8:02 AM ET
Ambuja Cements won coal mining rights in Chhattisgarh. Madhucon Projects received new road project order worth ₹397 crore in Tamil Nadu. Wipro acquired a minority stake in Drivestream Inc. for $5 million.
Mar 17, 2015 7:58 AM ET
Sensex in Mumbai traded higher and the rupee declined. Central and state government stepped up contract awards to accelerate urban renewal and infrastructure development. State Bank of India to conduct first online property auction and increase collection on bad debts.
Mar 16, 2015 10:13 AM ET
Wholesale price index in India declined for the second month in a row on weak commodities prices and improving food distribution. Inox Wind plans to raise $111 million through a stock sale to institutional investors. L&T won a contract for $10 million from Rail Vikas Nigam Ltd.
Mar 13, 2015 1:24 PM ET
Stocks in New York traded sharply lower and crude oil extended losses after whole price index declined for the fourth month in a row. The sharp increase in dollar in the last two weeks is likely to dampen earnings of the U.S.-based export focused companies.
Mar 13, 2015 12:31 PM ET
Aeropostale net loss narrowed after sales plunged 11%. Buckle profit rose 1%. Hibbett Sports net surged 18% on revenue increase of 10%. Ulta Salon net soared 24% and net sales climbed 21%. Vail Resorts net surged 95%. Zumiez profit tumbled 35% but sales climbed 14%.
Mar 13, 2015 12:13 PM ET
Russia’s central bank lowered its reference rate for the second time in as many months as the bank sees weakening economy a greater risk than the elevated inflation.