Jun 25, 2015 5:54 AM ET
Accenture lifted fiscal outlook. Barnes & Noble net loss narrowed and revenues plunged 10%. Bed Bath & Beyond net declined 15%. Cree plunged on weak forecast. Lindsay profit tumbled 22%. Shaw Communications net dropped 8%.
Jun 25, 2015 2:36 PM ET
Australian indexes traded down nearly 1% and energy and resource sector stocks led decliners. Gold and crude oil prices closed nearly unchanged. Collins Foods, the operator of fast food franchises, reported 30% increase in revenues but swung to a loss in the year.
Jun 25, 2015 11:22 AM ET
The UK Government plans to trim its stake for as much as £3 billion in Green Investment Bank. DS Smith profit surged 11% to £156 million and agreed to acquire Spain-based Grupo Lantero for €190 million. Hennes & Mauritz net soared 19%.
Jun 25, 2015 2:58 PM ET
Prime Minister Modi unveiled three pronged plan to kick off housing projects, build smart cities and provide infrastructure to smaller cities. The ambitious plan calls for government spending of $70 billion over the next seven years. Investors took positive view of the plan and bid up stocks.
Jun 24, 2015 2:21 PM ET
Market indexes on Wall Street traded lower and the U.S. economy shrank at a slower pace than previously estimated last month. Crude oil and gold eased. European markets declined after Greece and international lenders failed to agree on a compromise.
Jun 24, 2015 11:24 AM ET
3M agreed to acquire Capital Safety for $2.5 billion. Carnival net more than doubled. Monsanto profit surged 33% on 8% increase in revenues. Lennar net and revenues climbed 33%. Netflix plans for a 7-for-1 stock split.
Jun 24, 2015 1:51 PM ET
Ahold and the Belgium-based Delhaize agreed to merge and Ahold terminated its stock buyback program and announced €1 billion capital return program to shareholders. Bouygues rejected unsolicited proposal of €10 billion for telecom unit. ITV agreed to by 75% stake in Boom Supervisory.
Jun 24, 2015 11:16 AM ET
Stocks in Tokyo extended gains and the yen weakened. Konica Minolta agreed to acquire the U.S. based Radiant Vision System for 30 billion yen. Nomura Research estimated higher sales and earnings in the current fiscal year.
Jun 24, 2015 9:51 AM ET
Australian market indexes closed flat in active trading and Programmed Maintenance Services agreed to acquire rival Skilled Group Ltd for A$652 million. Myer Holdings refinanced A$600 million bank debt with better terms. Flight Centre Travel Group plunged for the second day in a row.
Jun 24, 2015 9:24 AM ET
Strong monsoon rains supported market advance in Mumbai at the opening. However, Sensex halted 8-day rally after the collapse of Greek talks in the euro zone. JBM Auto launched its manufacturing plant in Sanand, Gujarat.