May 22, 2015 11:55 AM ET
Expedia sells its 62.4% stake in China-based eLong for $671 million. Aeropostale net loss narrowed. Brocade net swung to profit. Campbell Soup net slid. Deere net tumbled 30%. Foot Locker profit soared 14%. Gap net declined 8%. HP net plunged 23%. Intuit lifted outlook.
May 22, 2015 10:21 AM ET
Bank of Japan offered a slightly upbeat assessment of the economic recovery and held its unprecedented monetary stimulus. Stocks rallied for the sixth session in a row. Market capitalization of stocks on the mainboard of TSE closed at a record high after 26 years.
May 22, 2015 10:00 AM ET
Australian market indexes struggled after iron ore prices declined for the eighth session in a row and dropped to a 3-week low. The latest decline in the Australia’s largest exported commodity extended losses by 8% and analysts held out for price per ton to touch in the low forties.
May 22, 2015 9:34 AM ET
Axa agreed to acquire SulAmérica for €40 million. Booker Group agreed to acquire the Londis and Budgens chains for £40 million. Grainger revenues tumbled 34%. Quintain Estates agreed to sell 50% stake in Hilton Hotel Wembley Park. Richemont profit tumbled 36%.
May 22, 2015 8:16 AM ET
State Bank of India said quarterly net soared 23% and net non-performing assets declined. Regional banks surged in the sector rally. Voltas soared 8% on 18% increase in quarterly profit. Britannia surged 7% on a 55% surge in net. Indiabulls net income doubled.
May 21, 2015 1:35 PM ET
Market indexes powered ahead and further in the record zone after weekly jobless claims met expectations. Fed minutes also supported the view that rates are not likely to rise at least for another two months and increase is likely to be modest.
May 21, 2015 12:19 PM ET
CVS Health agreed to acquire Omnicare for $12.7 billion. Cato net jumped 4%. Best Buy net plunged 72%. Buckle profit declined 10%. Dollar Tree net plunged 50%. L Brands profit surged 60%. NetApp net plummeted 32%. Salesforce net swung to profit.
May 21, 2015 10:21 AM ET
Nikkei average in Japan jumped to a new 15-year high for second day in a row and banks, utilities and electronics makers led the gainers. Takata was in focus after the airbag maker faced parts shortages to deal with larger recall.
May 21, 2015 10:14 AM ET
Daily Mail net surged 82%. National Grid profit tumbled 19% to £2 billion. Royal Mail profit climbed 39% to £428 million. Raiffeisen Bank net plunged 48% to €83 million. Suedzucker net tumbled 93%. United Utilities net plunged 63%.
May 21, 2015 8:46 AM ET
Australian market indexes traded higher in moderate trading and the Aussie dollar held firm near 79 U.S. cents. James Hardie soared 11% after the company offered a special dividend and announced a stock buyback program.