Jul 01, 2015 11:39 AM ET
Nikkei average in Japan and extended weekly gains and the yen hovered near its recent low. Aeon Co, the retailer, estimated first-quarter revenues and profit rose more than expected. Retailer Lawson also reported improving sales and earnings.
Jul 01, 2015 10:46 AM ET
ACE agreed to acquire the Chubb Corp for $28.3 billion. Acuity Brands net surged 47% on 13% increase in revenues. AZZ net soared 34%. General Mills profit plunged 53%. Paychex net and revenues climbed. Peabody tumbled 22%. UniFirst net jumped 5%.
Jul 01, 2015 10:43 AM ET
Australian market indexes rebounded 1% on the hopes that the deepening crisis in the euro zone may be averted on a last minute deal. Asciano surged after it confirmed a takeover offer from a Canada based fund.
Jul 01, 2015 10:36 AM ET
Airbus secured contract from China Aviation Supplies Holding Company to supply 75 A330 wide-body jets. Anite net surged more than three-fold to £45 million. Greene King profit declined 7%. Northgate profit soared 67%.
Jul 01, 2015 3:22 AM ET
Maruti Suzuki said June unit sales rose 1.8%. The Supreme Court of India said that the Petroleum and Natural Gas Regulatory Board has no power to set retail gas price of gas companies. Rajesh Exports is in talks to acquire a Switzerland-based gold refinery.