Jul 16, 2015 9:18 AM ET
Sensex extended weekly gains. Bharti is in advanced talks with Vodafone and Idea Cellular to acquire telecom towers for $1.6 billion. Reliance started to sell diesel to Indian Railways. Adani Power secured three power transmission projects in Chhattisgarh.
Jul 15, 2015 2:37 PM ET
Market indexes on Wall Street struggled near the recent highs and Fed Chair Janet Yellen reiterated central bank’s commitment to raise rates. Yellen stressed that the future pace of increases are more important than the timing of the first increase. China said economy expanded at 7% rate.
Jul 15, 2015 12:43 PM ET
Bank of America net soared 132%. BlackRock net barely rose 1%. Celgene agreed to acquire Receptos for $7.2 billion. Delta Air Lines net surged 85%. U.S. Bancorp net fell 0.7%. Yum Brands profit plunged 30%.
Jul 15, 2015 2:04 PM ET
Prime Minister Alexis Tspiras government may fall after the latest debate fracture the coalition. Aker Solutions net plunged 46%. AGA Rangemaster agreed to be acquired by U.S.based Middleby for £129 million. BHP writes down $2 billion in its U.S. onshore petroleum business.
Jul 14, 2015 10:38 AM ET
Stocks in New York advanced after Wells Fargo and JPMorgan set the pace for the earnings season. European markets edged lower after details of Greek accord emerged. Crude oil rebounded but traded near the low in the year and markets in Asia were cautious ahead of GDP report from China.
Jul 15, 2015 10:13 AM ET
Nikkei average advanced after the Bank of Japan left its reference rate on hold and left its target to stimulate the economy unrevised. However, the central bank lowered its annual growth estimate to 1.7%. Nippon Prologis quarterly revenues rose 6% and Fujifilm expanded its stock repurchase plan.
Jul 15, 2015 9:50 AM ET
Australian market indexes advanced after China reported 7% economic growth in the second quarter and the monthly new home construction surged above 200,000 home for the first time in Australia. Select Harvests soared more than 9%.
Jul 15, 2015 9:36 AM ET
Zee Entertainment said quarterly profit climbed 16%. Cera Sanitaryware net jumped 15%. Sintex quarterly profit advanced 12%. National Aluminium Company plans to construct a $3 billion smelter complex in Iran.
Jul 14, 2015 9:10 AM ET
J&J profit surged 25% but revenues declined 9%. JPMorgan Chase net jumped 5% but net revenue dropped 4%. Wells Fargo net fell 1% but interest income rose 1%. Commerce Bancshares net soared 23%. Fastenal net climbed 8%. Match Group agreed to acquire PlentyOfFish for $575 million.
Jul 14, 2015 10:42 AM ET
European currency markets are increasingly looking for Greek discount on the euro. Carillion guided higher revenues. Johnston Press declined on weak sales outlook. Kuehne & Nagel profit jumped 4%. Michael Page said gross profit in the second-quarter climbed 6%.