Jun 22, 2015 9:25 AM ET
Sensex in Mumbai extended gains in the second week. L&T secured new orders and extended its winning streak to the second week. NTPC plan to set up a 1,600 megawatt coal-based power plant in Odisha. Infosys won three orders from overseas clients.
Jun 19, 2015 1:11 PM ET
Global markets and U.S. stocks edged lower after investors worried that Greece may be inching towards a debt default. More than 4 billion euros left Greek banking system this week. Crude oil prices eased after the U.S. shale output remained strong despite the recent price collapse.
Jun 19, 2015 11:53 AM ET
CarMax sales and profit jumped 7%. Finisar net plunged 75%. Hershey lowered its fiscal sales forecast. Healthways plunged on weak outlook. KB Home net tumbled 64%. Lumenis agreed to be acquired by China-based XIO Group for $510 million. Red Hat profit surged 28%.
Jun 19, 2015 11:30 AM ET
Nikkei average soared 0.9% and jumped 1.1% in the week after Bank of Japan left its bond purchase program intact and reiterated its inflation target timetable. Seven & I jumped on profit outlook. Mitsubishi UFJ Trust and Banking agreed to acquire fund administration business from UBS in Japan.
Jun 19, 2015 11:14 AM ET
Australian market indexes advanced following the gains in New York and the Aussie dollar gained after the U.S. Fed statement. iProperty Group soared nearly 10% after it lifted its revenues outlook. Sydney Airport said domestic and international traffic increased in May.
Jun 19, 2015 11:07 AM ET
Adani Power said IDBI Trusteeship Services Limited acquired 6.44% shares in the company. LIC increased its stake in Hindalco to 13%. L&T secured an orders worth ₹2,278 crore from various business in May and June.
Jun 19, 2015 10:20 AM ET
Airbus secured an order worth $15.6 billion for 110 jet planes. Bayer plans to invest €4 billion in research and development this year. Fidelity offered £1.72 billion for Colt. Valeo agreed to acquire 10.5% stake in the LED-maker Aledia.
Jun 18, 2015 1:31 PM ET
Market indexes on Wall Street advanced and extended weekly gains after jobless claims dropped to nearly 15-year low and the consumer price index increased at the fastest pace in two years. Fitbit completed its initial public offering to raise $732 million and stock soared 50%.
Jun 18, 2015 1:09 PM ET
Stocks in Tokyo and in Asia sold off after the latest statement from the U.S. Federal Reserve suggested rates may rise in a gradual fashion later in the year. Monex Group declined after operating revenues fell in May.
Jun 18, 2015 1:02 PM ET
Market indexes in Australia dropped more than 1% after the U.S. Federal Reserve statement suggested rates are likely to rise later in the year. Banks led the decliners. Ten Network dropped 12%. Woolworths declined for the second day in a row.