May 29, 2015 1:42 PM ET
Indexes on Wall Street rebounded from the near 1% decline in late morning and the U.S. government downwardly revised its economic growth assessment. Resurgent dollar and unusually cold weather played key roles in the revised estimate. European markets struggled on mixed messages on Greek talks.
May 29, 2015 1:00 PM ET
Equinix agreed to acquire the U.K.-based rival Telecity for $3.6 billion. Intel may acquire Altera for $15 billion. Big Lots net surged more than eight-fold. Genesco net plunged 29%. GameStop soared 9%. Splunk net loss widened. Ulta Salon profit surged 34%.
May 29, 2015 11:58 AM ET
Nikkei index rewrites 15-year high for the eleventh day in a row and the yen edged lower as foreign investors increase exposure to Japanese stocks. Domestic auto demand in April declined 7.5%. Yahoo Japan soared 11% on its e-commerce plan in China with Alibaba.
May 29, 2015 11:53 AM ET
European market indexes lacked direction. TeleCity agreed to acquire by the U.S.-based rival Equinix for £2.35 billion. Eni will buy back €515 million of a Galp Energia exchangeable bond. FirstGroup ordered for 385 new vehicles for £78 million.
May 29, 2015 11:42 AM ET
In active trading, ASX 200 index jumped more than 1% and investors factored rates to stay on hold after the policy makers meet on Tuesday next week.
May 29, 2015 10:23 AM ET
Economic growth in India accelerated to 7.3% in the first quarter from the downwardly revised 6.6% in the fourth quarter. NMDC said net in the quarter declined 31%. M&M quarterly profit dropped 39%. ONGC profit plunged 20% but revenues rose 3%. NTPC net and revenues slipped.
May 28, 2015 1:50 PM ET
Stocks on Wall Street lagged and market indexes meandered after a deal in the semiconductor industry dominated news flow. Home purchase contract index rose at the fastest pace in nine years. Stalled Greece negotiation with international lenders dragged market sentiment in Europe.
May 28, 2015 1:11 PM ET
Avago agreed to acquire Broadcom for $37 billion. CA agreed to acquire Rally Software for $480 million. Abercrombie & Fitch net loss widened. Costco profit climbed 9%. Copart net soared 41%. Palo Alto net loss narrowed.
May 28, 2015 11:40 AM ET
Ferrexpo net tumbled 53% on 38% decline in revenues. Kingfisher sales and retail profit each dropped by 5%. Sports Direct climbed on positive outlook. Swatch Group profit slightly declined to 1.416 billion francs.
May 28, 2015 11:37 AM ET
Ten day rally lifts Nikkei average in Tokyo by 5% and the yen traded at a new 8-year low. Retail sales in April increased 5% from a year ago month and seasonally adjusted sales rose 0.4% from a month ago. Sales data have been distorted ahead of last April sales tax increase.