Sep 25, 2015 8:51 AM ET
Market averages in Tokyo closed jumped nearly 2% and Nikkei Average trimmed weekly losses to 2.1%. World financial markets remained trapped in a vicious downward spiral as the U.S. Fed keeps rate low while inflation forces in the housing and other assets become more entrenched.
Sep 25, 2015 8:50 AM ET
Australian markets extended weekly loss on Friday and resource stocks took another beating. Skilled Group shareholders approved merger with PMS Ltd. Myer, the department store retailer shot up 9% after broker comments.
Sep 24, 2015 4:27 PM ET
U.S. stocks stayed in the negative territory and investors struggled to find a path from the uncertainty related to ongoing U.S. monetary policy and global economic slowdown. Caterpillar set the tone after announcing a large job cut and lowered sales outlook.
Sep 24, 2015 2:56 AM ET
Australian market indexes closed higher and defied the weak international market environment. The Aussie dollar closed below psychologically important 70 U.S. cents level. Fonterra reported a sharp in cost largely on aggressive cost cutting.
Sep 24, 2015 2:37 PM ET
Nikkei average plunged 2.8% after Japanese markets reopened after a 3-day holiday. Weakness in New York and Shanghai were compounded by weakening growth profile in manufacturing sector and falling yen. Auto and diesel filter makers led the decliners.
Sep 24, 2015 12:53 PM ET
Road builders were in focus in Mumbai after the government agency awarded more contracts. Hindustan Construction Co. received contract from National Highways Authority of India for $300 million. Larsen & Toubro plans to sell asset.
Sep 24, 2015 12:51 PM ET
Accenture net jumped and lifted revenues growth forecast. Caterpillar lowered revenue forecast. KB Home net declined 18% while revenues soared 43%. Korn-Ferry agreed to acquire Hay Group for $452 million. Scholastic net loss widened. Steelcase profit soared 22%. Worthington net tumbled 29%
Sep 24, 2015 10:53 AM ET
Hennes & Mauritz profit edged up but revenues soared 19%. Ryanair plans to return the €398 million to its shareholders from the sale of 29.8% stake in Aer Lingus by the end of this year. Havas is in talk to acquire FullSIX.
Sep 23, 2015 3:26 PM ET
Stocks in New York and Europe lacked direction and commodities bounced around with a downward drift as investors start looking ahead to earnings. German stock index plunged 3% as Volkswagen Scandal widened and CEO resigned.
Sep 23, 2015 11:50 AM ET
Boeing received an order for 300 jets aircraft from three Chinese firms and military contract from India. Biomed Realty Trust is in talks to go private. Copart profit soared 12%. Citrix Systems is negotiating to go private led by Elliott Management buyout.