May 19, 2015 11:02 AM ET
European auto sales increased for the twentieth month in a row. German employment growth in the March quarter slowed to 0.7% increase. DCC agreed to acquire France-based Butagaz from Shell for €464 million. ICAP net declined 16%. Merck profit plunged. Vodafone net tumbled 90% to £6 billion.
May 19, 2015 10:55 AM ET
Market indexes in Tokyo advanced for the third day in a row as corporate earnings stay ahead of expectations and higher pay out ratios of dividend. Investors bid up stocks ahead of the release of March quarter economic growth data on Wednesday.
May 19, 2015 9:57 AM ET
ustralian stocks traded lower in weak market sentiment and Aussie dollar edged down. Market indexes swung higher in a brief rally after the release of latest RBA minutes of meetings. Bega Cheese fell 4% on weak annual profit outlook.
May 19, 2015 9:23 AM ET
Market indexes in India closed down in choppy trading. Colgate-Palmolive India said net climbed 24% on 11% increase in revenues. Bharti Airtel agreed to buy Augere Wireless for about ₹150 crore. Mahindra Holidays net plunged 57%.
May 18, 2015 12:38 PM ET
Stocks on Wall Street overcame morning weakness and traded higher on merger deals. Confidence index measuring home builders declined in May. U.S. Treasury bonds edged lower and the S&P 500 and the Dow Jones index traded at record highs. Luxury goods makers sue China based Alibaba.
May 18, 2015 11:55 AM ET
Ascena Retail agreed to acquire apparel retailer Ann for $2 billion. Par Pharmaceutical agreed to be acquire by U.K.-based Endo International for $8 billion. Elbit Systems net declined 8% but revenues jumped 4%. Kite Pharma net loss widened. W.P. Carey net tumbled 69%.
May 18, 2015 9:40 AM ET
Endo International agreed to acquire the U.S.-based Par Pharmaceutical for $8 billion. Babcock Intl profit surged 42% on 21% increase in revenues. Cranswick net declined 4%. Kabel Deutschland net swung to profit to €239 million.
May 18, 2015 9:20 AM ET
Nikkei average in Tokyo closed at a 3-week high after machinery orders increased in March rose 2.9%. Insurance company stocks jumped after Dai-ichi Life lifted dividend payout. Marubun Corp said annual net rose 7.6%.
May 18, 2015 8:59 AM ET
Australian market indexes declined 1.3% and the Aussie dollar traded above 80 U.S. cents. Australian vehicles sales in April declined 1.5% to below 95,000. South32 Limited began trading as a separate mining company after BHP completed the spin-off.
May 18, 2015 7:52 AM ET
Sensex in Mumbai advanced on the rate cut prospects and normal monsoon season. Asian Paints said net climbed 19%. Jain Irrigation net and revenues surged. Nestle India net jumped 24%. Tata Coffee net more than doubled on 13% increase in revenues. Torrent Pharma net plunged 47%.