Sep 17, 2015 12:46 PM ET
France-based Altice agreed to acquire the U.S.-based Cablevision for $17.7 billion to become the fifth largest cable company in a fast consolidating U.S. market. Premier Farnell net plunged 15% while revenues jumped 4%. Rotork declined on weak fiscal revenues outlook.
Sep 17, 2015 11:17 AM ET
Australian market indexes traded higher and the Aussie dollar jumped above 72 U.S. cents. Finbar Group sold $61 million worth of apartment in Perth ahead of launch of construction in early 2016, highlighting continued strength in demand for housing.
Sep 17, 2015 10:18 AM ET
Nikkei average extended gains for the third day in a row and foreign investors remained net seller last week. Trade deficit narrowed in August from a year ago month on the plunging oil price and steady growth in exports to the U.S.
Sep 16, 2015 4:38 PM ET
U.S. stocks rallied and the S&P 500 index jumped 0.9% after the Federal Reserve started its much anticipated 2-day policy meeting. Markets in Europe also advanced more than 1%. U.S. dollar held firm and crude oil jumped 6%.
Sep 16, 2015 3:52 PM ET
Australian stocks rebounded on the resurgent resource and banking sector. Media and entertainment stocks were nearly unchanged. Timah Resources and Vitaco Holdings priced initial public offerings.
Sep 16, 2015 3:27 PM ET
Nikkei average in Tokyo closed higher following the market advance in New York. Investors added exposure ahead of the U.S. Fed rate decision following the Bank of Japanís action to retain the current stimulus plans.
Sep 16, 2015 2:05 PM ET
Trade deficit in August widened to a new monthly high after non-oil imports continued to rise at a faster pace. Trade deficit in the fiscal year between April and August declined marginally to $57.5 billion from $58.2 billion in a year ago period.
Sep 16, 2015 12:40 PM ET
Dentsply agreed to a merger with the rival Sirona Dental in $5.6 billion deal. GE divests its $3.7 billion portfolio of loans from its U.K.-based home lending portfolio. Ascena net swung to a loss. Cracker Barrel net soared 21%. FedEx profit declined 6%. United Natural Foods net jumped 8%.
Sep 16, 2015 12:38 PM ET
Anheuser Busch said it plans to acquire SABMiller. Glencore plans to raise $2.57 billion to reduce net debt. Inditex profit soared 26% on 17% increase in revenues. Richemont sales jumped 4%. Zodiac Aerospace revenues surged 18%.
Sep 15, 2015 5:04 PM ET
Market indexes on Wall Street advanced more than 1% after August retail sales advanced more than expected indicating that the latest market turbulence had little impact on the consumer. S&P 500 index remained 4% down for 2015.