Jun 18, 2015 11:53 AM ET
Bankrate net climbed 20%. Clarcor net jumped 11%. Jabil Circuit net plunged 62% but revenues soared 15%. Kroger profit rose 2%. Oracle net declined 22% on 5% decrease in revenues. Pier 1 Imports net plummeted 54%. Rite Aid net tumbled 54.6%.
Jun 18, 2015 10:09 AM ET
Bilfinger plunged on weak fiscal outlook. Credit Agricole and Societe Generale plans to launch initial public offering for Amundi. Telecom Italia to sell Italiane and raise up to €875 million. SAS net swung to profit.
Jun 18, 2015 9:58 AM ET
Indexes in India rose bucking the downtrend in Asia after the U.S. Federal Reserve indicated gradual increase in rates. ONGC plans to invest up to $400 million in Kazakhstan. Bharti agreement with Africa-based Helios Tower to sell its tower assets in Tanzania and Chad are cancelled.
Jun 17, 2015 12:32 PM ET
U.S. stocks were in holding pattern ahead of rate decision this afternoon from the Fed. Fed fund rates, bank rates for other banks, reached a two-year high of 0.14% average. California State’s Labor Commission ruled Uber driver should be classified as an employee.
Jun 17, 2015 12:00 PM ET
Nikkei average in Tokyo increased and the yen held firm ahead of the U.S. Fed’s rate decision. Trade deficit in May plunged 76% after imports in the month declined 8.7% and exports rose 2.4%. Toyota shareholders approve its plan to raise $4 billion in a new class of stock offering.
Jun 17, 2015 11:24 AM ET
Allergan agreed to acquire Kythera Biopha for $2.1 billion. Actuant net tumbled 25% on 15% decline in revenues. Adobe net soared 67%. Bob Evans net plunged 57%. FedEx net swung to a loss. La-Z-Boy net soared 66%.
Jun 17, 2015 11:16 AM ET
Berkeley profit surged 45% on 31% increase in revenues. Betfair net jumped 69% to £86 million. Remy Cointreau profit climbed 18%. Anite agreed to be acquire by the U.S.-based Keysight Technologies for about £388 million.
Jun 17, 2015 9:34 AM ET
Australian market indexes opened higher following strong lead from international markets and ahead of the U.S. Fed rate decision later today. Woolworths Limited said chief executive Grant O’Brien has decided to retire and confirmed that the retailer plans to eliminate 1,200 jobs.
Jun 17, 2015 8:36 AM ET
Central government is expected to hike import duty on steel products. Essar Power Transmission is in merger talks with Adani. TCS and IBM are in a race to win Sweden-based AB Volvo''s IT outsourcing contract worth about $500 million.
Jun 16, 2015 1:36 PM ET
Market indexes on Wall Street advanced ahead of Fed statement tomorrow and rising merger activities. Coty Inc soared 18% after the company acquired beauty business portfolio from Procter & Gamble. Housing starts plunged but permits soared 11%.