Aug 19, 2015 12:43 PM ET
Admiral Group net jumped 5% to £153 million. Carlsberg profit tumbled 30% to 1.5 billion kronor. Deutsche Annington net declined 10% to €61 million. Glencore net swung to a loss of $676 million. Syngenta plans to divest its premium flowers seeds business. Vestas profit double to €181 million.
Aug 18, 2015 3:29 PM ET
Market indexes on Wall Street traded lower and tech stocks led the decliners. Housing starts increased to a near eight-year high but permits fell. Home Depot and TJX Companies rose on earnings but Wal-Mart eased after the retailer lowered annual earnings outlook.
Aug 18, 2015 2:49 PM ET
Nikkei in Tokyo traded lower after weak sentiment and poor market conditions in Shanghai trading. Fast Retailing and SoftBank Group led the decliners among large companies in Tokyo. GDP in the previous quarter dropped 1.6%, meeting expectations.
Aug 18, 2015 1:55 PM ET
Australian market indexes in Sydney declined on the worries that banks may need to increase bad loan reserves in the mining sector. ANZ lifted its estimate of loan losses. QBE Insurance said quarterly net jumped 25%. Sydney Airport half-year results improved on higher passenger count.
Aug 18, 2015 1:05 PM ET
BB&T agreed to acquire National Penn Bancshares for $1.8 billion. CVS completed the acquisition of Omnicare for $12.7 billion. Dicks Sporting net surged 31%. Home Depot profit rose 5% to $2.2 billion and lifted fiscal outlook. TJX net soared 7%. Wal-Mart net declined 15%.
Aug 18, 2015 12:22 PM ET
Akers Biosciences net loss widened after revenues declined 28%. Chime Communications net swung to a loss on 7% drop in revenues. Mears net jumped 13%. Persimmon profit surged 45% to £237 million. Wirecard net soared 27% to €32.4 million.
Aug 18, 2015 12:18 PM ET
Cipla said quarterly profit more doubled on 43% increase in revenues. Rajesh Exports received an export order worth $200 million from UAE. Adani Ports signed an agreement with Kerala government for the development of Vizhinjam deep sea port.
Aug 17, 2015 10:52 AM ET
Cargill agreed to acquire Norway-based Ewos for about $1.5 billion. Liberty Interactive agreed to acquire Zulily for $ $2.4 billion. Accenture agreed to buy consulting unit of Schlumberger for an undisclosed amount. Agilent net plunged 30%. Estee Lauder net tumbled 41%. Urban Outfitters net slid.
Aug 17, 2015 10:50 AM ET
IndiGo agreed to buy 250 single-aisle A320neo jets from Airbus worth about $26 billion. EWOS agreed to be acquired by the U.S.-based Cargill for €1.4 billion. Hennes & Mauritz sales in July soared 16%. Morrison is in advanced talks to sell its convenience store chain.
Aug 17, 2015 5:53 PM ET
Japan’s gross domestic product in the second-quarter decreased 1.6% followed by revised 1.1% increase in the first-quarter. Digital Garage soared 7% after net surged 79%. Sojitz Corp agreed to acquire solar plant in Peru.