Sep 23, 2015 11:25 AM ET
Sensex in Mumbai jumped 0.7% despite the persistent selling of stocks in emerging markets by foreign investors. Pfizer plans to sell its plant in Thane, Maharashtra to Gujarat-based Vidhi Research and Development for ₹178 crore. Pidilite plans to expand its business in the Asian and African Markets.
Sep 23, 2015 10:01 AM ET
Axel Springer plans to buy online publication Business Insider for $500 million. BBA Aviation agreed to buy Landmark Aviation for $2.07 billion. Smiths Group profit soared 6% to £246 million. Swiss Re agreed to acquire Guardian Financial Services from Cinven for £1.6 billion.
Sep 23, 2015 7:43 AM ET
Australian market indexes plunged more than 2% led by another sharp fall in resource sector after the Chinese manufacturing sector growth contracted at the fastest pace since the depth of financial crisis in 2008. Nufarm gained after the agro-chemicals maker reported net annual income increased 15%.
Sep 22, 2015 2:00 PM ET
Market indexes across Atlantic dropped more than 1% on the potential that the Fed may push rate hike until next year. Dollar traded at a 2-week high. Commodities extended monthly loss with copper and other base metal reaching monthly lows.
Sep 22, 2015 12:00 PM ET
AutoZone revenues and profit jumped. Carnival net and sales fell but lifted fiscal earnings outlook. ConAgra net swung to a loss. CarMax net surged 12%. Darden Restaurants lifted fiscal earnings outlook. General Mills net surged 24%. Red Hat profit jumped 9%.
Sep 22, 2015 11:56 AM ET
AA net swung to a loss of £51 million. Clinigen profit tumbled 68% but revenues soared 45%. Meggitt agreed to acquire the composites unit of EDAC. Stagecoach launched £400 million 10-year bonds. Volkswagen plans to set aside €6.5 billion to cover the ongoing investigations.
Sep 22, 2015 11:31 AM ET
Market indexes in Mumbai dropped more than 2% following another day of sell off in emerging markets. Foreign investors sell off continues in the second week totalling $3 billion. Hindalco plans to sell its copper mine in Australia.
Sep 21, 2015 1:54 PM ET
Stocks on Wall Street lacked direction and worried investors focused on the global economic slowdown after the Fed relegated rate hike later in the year, if at all. European markets brace for more volatile times after the reelection of Syriza party led government in Greece.
Sep 21, 2015 12:29 PM ET
Apple hopes the latest worldwide launch of smart phones may accelerate earnings growth in the last quarter. American Express reaffirmed earnings outlook for two fiscal years. Lennar profit and revenues surged. Steel Dynamics lowered earnings per share forecast.
Sep 21, 2015 11:13 AM ET
Volkswagen faces as much as 18 billion in fines for falsifying emission data for diesel-powered passenger cars. Deutsche Wohnen agreed to acquire LEG Immobilien. Dialog Semiconductor agreed to acquire the U.S.-based Atmel. Zurich Insurance terminated merger talks with RSA.