May 28, 2015 10:44 AM ET
Market averages in Sydney turned lower after capital expenditure in the first-quarter declined 4.4%. Australian dollar edged lower. Mirvac Group said it plans to sell assets and raise as much as $450 million.
May 28, 2015 9:54 AM ET
Godrej said quarterly profit jumped 22%. BPCL net declined 30%. AstraZeneca India surged 16% on 31% increase in revenues and quarterly net swung to profit. Bata India quarterly net soared 48%. Hindalco profit plunged 36% but revenues jumped 11%.
May 27, 2015 1:31 PM ET
Market indexes on Wall Street jumped on a rebound in tech stocks and the two familiar news topics resurfaced. Investors played a guessing game on the next rate move by the Fed and the EU officials denied reports that lenders are working with Greece in finalizing a loan agreement.
May 27, 2015 12:19 PM ET
Nikkei average gained for the ninth day in a row and extended rally to a 4.5% advance. The yen dropped to a low not seen since July 2007. Mitsubishi Gas said it plans to spend 9 billion yen to buy back its stock. Seibu Holdings estimated fiscal year profit to jump 10%.
May 27, 2015 11:57 AM ET
Brown Shoe net soared 25%. Chico''''s net jumped 5%. DSW profit surged 23%. Hormel Foods agreed to acquire Applegate Farms for $775 million. Movado net tumbled 51%. Michael Kors profit soared 13%. Reynolds American won the U.S. antitrust approval to merge with the rival Lorillard.
May 27, 2015 11:35 AM ET
Australian market indexes closed down in moderate trading and the Aussie dollar held firm. Construction spending declined on a seasonally adjusted basis but residential construction soared in the quarter.
May 27, 2015 11:27 AM ET
IAG intends to acquire smaller rival airline Aer Lingus for €1.36 billion. European markets advanced. Ahold net surged more than three-fold to €213 million. De La Rue profit plunged 28%. Telford Homes net soared 32%.
May 27, 2015 10:54 AM ET
RPower said net in the quarter rose 3%. GAIL net tumbled 48%. BHEL net surged more than three-fold and revenues soared doubled. IDBI Bank net advanced 5% on 19% increase in revenues. Tech Mahindra net and revenues declined. United Spirits net loss narrowed.
May 26, 2015 2:25 PM ET
In an expensive deal, Charter Communications agreed to acquire Time Warner Cable Inc for $78.7 billion including debt. The deal is expected to vault Charter to the second largest spot in the industry but the cable company faces several hurdles on cost and restive customer base.
May 26, 2015 12:26 PM ET
Charter Communications agreed to acquire Time Warner Cable Inc for $55.1 billion and assume debt. EMC agreed to acquire privately-held Virtustream for $1.2 billion. AutoZone net jumped 8%. Nevada Gold agreed to buy Club Fortune Casino.