May 14, 2015 9:44 AM ET
Australian market indexes traded lower and the Aussie dollar strengthened. Graincorp reported a decline in interim profit but held out for its annual outlook. ResMed plunged 18% after clinical results of heart failure and central apnoea failed to deliver results.
May 14, 2015 9:38 AM ET
Castrol India said net in the quarter soared 46%. Emami net climbed 25%. Oriental Bank net swung to profit. Pantaloons Fashion net loss narrowed. Umang Dairies net remained unchanged but revenues dropped.
May 13, 2015 2:58 PM ET
Market indexes on Wall Street trimmed morning gains and retail sales in April were flat. Danaher Corp agreed to acquire Pall Corp for $13.8 billion in cash. Senate Democrats blocked President Obama’s free trade initiative.
May 13, 2015 11:39 AM ET
Macy''s net declined 14%. McKesson profit tumbled 64%. Precision Castparts net plummeted 72%. Ralph Lauren net plunged 19%. TubeMogul net loss narrowed. Zillow net swung to profit.
May 13, 2015 10:27 AM ET
Market indexes in Japan lacked direction and current account in March widened to the largest since 2008. Separately, finance ministry said seasonally unadjusted exports increased 6.2% and imports declined 0.6%. Softbank annual net soared 29%.
May 13, 2015 9:47 AM ET
Markets across Europe stabilized after economic growth accelerated in March quarter. AP Moeller net surged but revenues plunged 10%. ABN AMRO profit soared 75% to €543 million. Deutsche Telekom net tumbled 57%. SABMiller net dropped 3%. TUI net loss narrowed.
May 13, 2015 9:08 AM ET
Australian market indexes traded higher and the Aussie dollar held below 80 U.S. cents. BHP Billiton said it plans to cut its capital spending to $9 billion in fiscal year 2016 from $12.6 billion in fiscal 2015 and lower its iron ore production cost to $16 a ton.
May 13, 2015 8:02 AM ET
Sensex index in Mumbai surged 1.3% and 10-Year bond yield closed at 7.94%. Reliance Jio raised $750 million from a Korean lender to roll out its 4G telecom services. Ashok Leyland said revenues soared 47%. Adani net plunged 74%. Lupin net fell 1%. Torrent Power net rose 2%.
May 12, 2015 2:02 PM ET
Market indexes on both sides of Atlantic traded lower as investors worried that the five-year long rally may be nearing an end as investors hover near record highs. Verizon Communications agreement to acquire to AOL Inc is likely to destroy shareholder value one more time.
May 12, 2015 12:49 PM ET
FibroGen net loss widened after revenues declined 9%. Gap said April sales declined 9% and sales in the quarter dropped 3%. Leidos Holdings net climbed 11%. Verizon agreed to acquire AOL for $4.4 billion.