May 15, 2015 2:22 PM ET
Market indexes on Wall Street extended losses for the fourth day in a row after weak consumer sentiment and industrial production data. SEC said it is looking to hoax bid for Avon Products. Carl Icahn, activist investor has invested $100 million in cab hailing service Lyft Inc.
May 15, 2015 12:25 PM ET
Arista Networks net soared 99% on 53% jump in revenues. Applied Materials net climbed 39%. Dillard''s net dropped 2%. Eagle Materials net more than doubled. Nordstrom profit plunged 9%. Symantec net tumbled 19%.
May 15, 2015 11:31 AM ET
British Land net surged 54% to £1.7 billion. Circassia Pharma plans to acquire two separate companies for £239 million and rise £275 million through open offer. SABMiller agreed to acquire Meantime Brewing. Vedanta Resources net loss widened to $1.8 billion.
May 15, 2015 11:20 AM ET
Nikkei average rebounded in Tokyo. Dentsu Inc and Marui Group joined other Japanese corporation in announcing share buyback plans and increasing dividend payout. Sharp Corp plunged after the company announced a restructuring plan that many felt did not go far enough.
May 15, 2015 9:16 AM ET
Australian market indexes increased 0.7% and extended weekly advance to 1.8%. Aussie dollar traded above 80 U.S. cents and prices of crude oil and gold closed higher in volatile trading.
May 15, 2015 9:17 AM ET
Dena Bank and Bank of Maharashtra reported rising loan losses and weak earnings as corporations struggle to lift earnings. Cadila net in the quarter soared 47%. GSFC net and revenues declined. Infosys net falls 5%. JK Tyre surged 136%. Jubilant Food climbed 26% on 25% increase in revenues.
May 14, 2015 12:19 PM ET
Market indexes on Wall Street advanced and broader indexes traded near record highs and yield on 10-year U.S. treasury bond edged down to 2.25%. Wholesale prices fell in April and weekly jobless claims hovered near 15-year lows.
May 14, 2015 11:54 AM ET
Cisco net soared 12% on 5% increase in revenues. Children’s Place net jumped 15%. J C Penney net loss narrowed. Jack in the Box profit soared 46%. Kohl''s profit jumped 2%. Owens-Illinois agreed to acquire Mexico-based Vitro S.A.B. for $2.15 billion. Teekay net loss narrowed.
May 14, 2015 10:55 AM ET
3i Group net climbed 35% to £700 million. Aegon net declined 19%. Bouygues net swung to a loss of €157 million. Compass profit jumped 4% to £466 million. Telefonica net soared 162% to €1.8 billion.
May 14, 2015 9:59 AM ET
Rising bond market yields hovered stock market sentiment in Tokyo and 10-year Japanese government bond yield jumped to a two-month high of 0.47%. Railroad company stocks declined. Konica Minolta announced stock buyback and dividend hike. Toshiba plans to write down earnings in last three years.