Oct 05, 2015 3:34 PM ET
Market indexes on Wall Street jumped for the second day in a row on the hopes that the Fed may delay interest rate hike well into 2016 after the latest jobs report was deemed weaker than anticipated. Crude oil rallied after Russia sought cooperation with OPEC.
Oct 05, 2015 3:17 PM ET
Australian market indexes soared 1.9% and the Aussie dollar traded above the U.S. 70 cents mark. Aurizon Holdings lowered its revenues estimate after disputes with several coal mines.
Oct 05, 2015 2:42 PM ET
Nikkei average in Tokyo jumped 1.6% following the market advance in overnight trading in New York and in Europe. SoftBank has so far not decided to trim its stake in online marketplace operator Alibaba Group after the expiry of lock up period.
Oct 05, 2015 1:32 PM ET
BP settled claims for Gulf of Mexico oil spill for $20.8 billion. Nelson Peltz invested $2.5 billion in GE and becomes one of top 10 investors. American Apparel filed for Chapter 11 bankruptcy. Suncor made a hostile acquisition offer to Canadian Oil Sands for C$4.3 billion.
Oct 05, 2015 10:51 AM ET
Potash Corp withdrew its €7.85 billion offer to acquire Germany-based K&S. Glencore is looking to sell some of its agricultural assets and reduce the debt. Thales secured contracts from Australian government for $916.4 million. Ryanair traffic in September surged 12%.
Oct 05, 2015 10:34 AM ET
TVS and Tata Motors total vehicle sales slipped. National Buildings Construction secured new contracts and expanded its backlog. Life Insurance Corp sold its 2% stake in Chennai Petroleum. NTPC plans to sell electricity to Bangladesh.
Oct 02, 2015 12:45 PM ET
Stocks on Wall Street edged lower after weaker-than-expected new job additions in September and August. Jobless rate in September held at 5.1% in September. Wholesale price index in the euro zone declined more than expected. Monetary base in Japan accelerated at a faster pace in September.
Oct 02, 2015 12:31 PM ET
Nikkei average in Tokyo closed nearly unchanged and rose 0.9% after a week of volatile trading. Seasonally adjusted jobless rate rose was unchanged in August at 3.4%. Monetary base in August rose more than expected in August.
Oct 02, 2015 12:05 PM ET
American Electric Power agreed to sell its subsidiary to American Commercial Lines for $550 million. CalAmp net jumped 7%. Delta Air Lines passengers’ unit revenue in September declined 5%. Micron Technology profit tumbled 59%. Progress Software net swung to loss.
Oct 02, 2015 12:00 PM ET
Australian market indexes declined more than 1% and closed flat after a week of volatile trading. Origin Energy completed its institutional tranche of $2.5 billion capital raising.