Jun 15, 2015 9:35 AM ET
Stocks in Mumbai rose after factory output increase and wholesale prices declined. Tata Motors reported May global sales including Jaguar Land Rover, rose 2.2%. Power Grid said after the government plans to sell 5% stake in the company.
Jun 12, 2015 1:38 PM ET
The latest economic data pointed positive picture as a private survey showed an increase in consumer confidence and a measure of wholesale inflation was within the target range set by the Fed. European leaders gather one more time to discuss Greek bailout as tempers rise and mood sours.
Jun 12, 2015 1:00 PM ET
Twitter chief executive Dick Costolo steps down replaced by interim-CEO Jack Dorsey. Cherokee net edged up. Korn/Ferry profit soared 20% on 8% gain in revenues. MFRI net swing to a loss. Restoration Hardware net surged 37% and lowered fiscal outlook.
Jun 12, 2015 11:53 AM ET
Nikkei in Tokyo rose and investors digested latest batch of earnings. Industrial production increased for the first time in three months in April. Ateam said third-quarter sales increased 24% and estimated annual sales to increase 29%. Mitsubishi Corp launched a 60-year bond offering.
Jun 12, 2015 11:36 AM ET
SKY lifted its stake in Team Sky after the transfer of stake from 21st Century Fox. Boohoo.Com revenues surged 35%. Bonmarche net soared 78%. Bwin.party two shareholders will sell up to 50 million shares. Ted Baker revenues soared 24%.
Jun 12, 2015 10:34 AM ET
Australian market indexes extended losses and fell 4.1% in the week. Aussie dollar edged higher and crude oil and gold advanced in local trading. Rio Tinto backed uranium miner Energy Resources plunged 48% after abandoning its expansion plans.
Jun 12, 2015 1:15 PM ET
Reliance plans to launch Reliance Jio in December this year. Wipro initiated talks with the UK-based outsourcing group Equiniti for takeover valued at £1 billion or ₹9,900 crore. ABG Shipyard plans to sell a majority stake in the Germany-based Privinvest Holding.
Jun 11, 2015 2:34 PM ET
Market indexes on Wall Street advanced and weekly jobless claims increased less than expected. The IMF recalled its debt negotiating team to Washington and contradicted Greek assertion that an agreement is in the offing.
Jun 11, 2015 1:14 PM ET
Blackhawk Network agreed to acquire Achievers Corp for an undisclosed amount. Box net loss widened. Delta Air Lines plans to buy 40 Boeing 737 planes. Destination Maternity net plunged 68%. Krispy Kreme profit surged 11%. Men''s Wearhouse net tumbled 37%.
Jun 11, 2015 11:13 AM ET
Airbus secured contract worth about €1 billion for 24 military helicopters to Kuwait. Partouche revenue climbed 4% to €205 million. Halma net fell 2% to £104 million. Home Retail’s Argos unit sales dropped 3%. Mulberry net swung to a loss on 9% decline in revenues.