Mar 13, 2015 11:39 AM ET
Bechtle, Germany based IT company said profit climbed 20% on 14% increase in revenues. BP agreed to divest its Australian bitumen business to Puma Energy. Dart surged after positive fiscal outlook. J D Wetherspoon net jumped 7%. Oxford BioMedica net loss narrowed.
Mar 13, 2015 11:45 AM ET
Stocks in Tokyo closed higher and the Nikkei jumped to a high not seen since 2000. Industrial production in January increased 3.7%. Fanuc soared 13% after the industrial robot maker took steps to increase communication with shareholders.
Mar 13, 2015 10:34 AM ET
Sensex in India declined after consumer price index in February accelerated on the rising food prices. Snapdeal plans to buy online mobile recharge platform Freecharge for ₹2,800 crore. Tata Motors said Jaguar Land Rover’s total sales in February slipped 6%.
Mar 13, 2015 10:11 AM ET
Australian market indexes closed down and the Aussie dollar lacked direction in moderate trading. For the week, the ASX 200 index declined 1.5%. Internet service provider, iiNet Limited agreed to be acquired by TPG Telecom at $1.4 billion valuation.
Mar 12, 2015 1:44 PM ET
Stocks on Wall Street rebounded and initial claims of weekly jobless claims declined below 300,000. Retail sales declined for the third month in a row on bad weather and cautious consumer spending. The dollar declined after the sustained rise against the euro.
Mar 12, 2015 12:59 PM ET
Children’s Place net jumped 8%. Dollar General declined 10% but sales climbed 10%. Genesco profit climbed 19% on 13% increase in revenues. Kirkland''s net and revenues soared. Men''s Wearhouse net loss widened while sales surged 66%. Revlon net swung to profit.
Mar 12, 2015 11:54 AM ET
BMW profit jumped 9% to €5.8 billion. Home Retail Group sales dropped 4% to €505 million. ITV agreed to acquire Netherlands-based Talpa Media for €1.1 billion. Lufthansa net tumbled 82% to €55 million. Serco net swung to a loss to £1.4 billion. TSB received preliminary offer Sabadell for $2.6 bn.
Mar 12, 2015 11:14 AM ET
Nikkei in Japan jumped the most in a month and the index surged to a 15-year high. Toyota Motor surged more than 1% on the expectations that the company may agree to larger than usual wage increase for workers.
Mar 12, 2015 10:41 AM ET
In active trading, market indexes in Australia jumped on a slight rebound in resource stocks. Jobless rate in February declined to 6.3% from 6.4% in January. Whitehaven Coal completed $1.4 billion debt refinancing and extended repayment to 2019.
Mar 12, 2015 9:09 AM ET
Sensex in India halted 3-day slide after the IMF lifted economic growth outlook in India. ICICI Bank plans to sell its stake in a life insurance joint venture with the U.K based Prudential. IVRCL acquired orders worth ₹226.18 crore.