Aug 04, 2015 1:11 PM ET
Market indexes on Wall Street lacked direction and manufacturing orders rebounded in June on strong demand for transportation equipment including aircrafts. Shire offered $33 billion to acquire the recent Baxter spin-off Baxalta.
Aug 04, 2015 12:39 PM ET
Earnings season in Japan picked up momentum as trading companies reported shrinking revenues and rising profits. Yen held firm as monetary base in July jumped 32.8% from a year ago. Current account surplus surged nearly 50%.
Aug 04, 2015 12:37 PM ET
Reserve Bank of Australia left rates on hold at 2% and trade deficit widened in June. Australian retail sales increase in June accelerated from May. Suncorp Group declared a special dividend despite $1 billion natural hazard claims payments.
Aug 04, 2015 12:35 PM ET
3M acquired Capital Safety from KKR for $2.5 billion. AIG net tumbled 42%. Archer Daniels profit declined 28% on 20% drop in revenues. CVS Health rose 2%. HCP net plummeted 25%. Health Net net plunged 52%. Kellogg profit declined 24%. Parker-Hannifin net tumbled 40%.
Aug 04, 2015 11:36 AM ET
Shire made a hostile offer to acquire Baxalta for $33.9 billion. AXA profit jumped 2% to €3.1 billion. BMW net increased 1% to €3.3 billion. Continental profit soared 11% to €1.5 billion and lifted free cash flow forecast. Just Eat net climbed 57%.
Aug 04, 2015 10:24 AM ET
The Reserve Bank of India keeps repo rate unchanged at 7.25%. Hero MotoCorp quarterly profit soared 33%. Britannia net surged 67% on 13% increase in revenues. RCap plans to sell its multiplexes business to Carnival Cinemas.
Aug 03, 2015 1:56 PM ET
S&P 500 and Nasdaq indexes declined more than 0.5% on Wall Street after consumer spending growth slowed despite healthy increase in income in June. Auto makers reported stronger-than-expected sales in July. Benchmark index in Greece plunged 16%.
Aug 03, 2015 1:36 PM ET
Nikkei average and the yen eased and investors focused on latest earnings reports. Fuji Heavy Industries first-quarter sales surged 29% and Suzuki Motor lifted its annual sales and earnings outlook. Japan Tobacco said first-half sales were flat and net declined.
Aug 03, 2015 12:24 PM ET
Clorox net soared 12%. CDW profit surged 25%. Ford, Fiat Chrysler, GM sales in July climbed. Loews profit climbed 47% but revenues dropped 4%. Mercury General net tumbled 90% on 10% decline in revenues. Tyson Foods net surged 32%.
Aug 03, 2015 11:59 AM ET
Australian market indexes closed down and home prices rose 2.8% in July according to a private survey. CSL agreed to acquire influenza business of Novartis AG for US$275 million.