Jul 28, 2015 12:48 PM ET
Australian markets turned volatile and looked at China market moves. In active trading, ASX 200 index edged lower and the Aussie dollar retained downward bias with the losses extended deeper in commodities energy complex.
Jul 28, 2015 12:28 PM ET
Honeywell agreed to acquire the Elster unit of Melrose Ind for $5.1 billion. Ford net surged 44%. Du Pont sales and net declined. Ecolab net fell. Ingersoll-Rand net tumbled 74%. Merck net plummeted 66%. Pfizer profit plunged 10%. United Parcel Service net soared 171%.
Jul 28, 2015 12:09 PM ET
BP net swung to a loss to $5.8 billion on non-operating pre-tax charge of $9.8 billion. Deutsche Boerse profit climbed 10%. Kering net more than doubled to €423 million. Philips net climbed 12%. Orange profit surged 89% to €1.1 billion.
Jul 28, 2015 9:51 AM ET
Sensex index extends loss to the fourth day despite the sharp correction in crude oil price. Maruti quarterly profit soared 57% on 17% increase in revenues. Torrent net surged 75%. Punjab National Bank bad loan ratio surges and Union Bank net declined. Ambuja Cements net tumbled 45%.
Jul 27, 2015 2:29 PM ET
Market indexes on Wall Street extended losses and major indexes are nearing to wipe out gains in the year. Crude oil extended five-week long losses and drops to one-year low but gold rebounded. Asian markets dropped after another sharp decline in Shanghai.
Jul 27, 2015 1:49 PM ET
Nikkei in Tokyo declined following a plunge in market indexes in Shanghai and weak commodities prices. Canon Inc said first-half net fell 20%. Hitachi High-Technologies plunged 10% after quarterly results.
Jul 27, 2015 1:19 PM ET
Teva agreed to acquire Allergan for $40.5 billion and withdrew its proposal to acquire Mylan. McGraw agreed to buy SNL Financial $2.2 billion. Biogen lowered revenues forecast. Johnson Controls net rose but sales fell. Norfolk net tumbled 23%.
Jul 27, 2015 12:21 PM ET
Australian market indexes in thin trading rebounded as metal prices hover near new multi-year lows and market indexes in Shanghai plunge 8%. Atlas Iron Limited plunged 70% after a 16-week trading halt.
Jul 27, 2015 10:55 AM ET
The Sensex decline in India was driven by the 8% market plunge in Shanghai. Reliance said quarterly profit rose 4% but revenues plunged 26%. MRF revenues increased 6%. Pfizer quarter profit soared 43%. Rajesh Exports acquired Switzerland-based Valcambi, the largest gold refinery in the world.
Jul 27, 2015 10:40 AM ET
European markets traded lower and commodities reached multi-year low. Deutsche Boerse agreed to buy 360T Beteiligungs for €725 million. Pearson is in talks to sell its stake in The Economist Group. Ryanair profit surged 24.4%. TNT Express revenues jumped 6%. UBS profit soared 72% to 3.2 bn francs.