Oct 02, 2015 12:28 PM ET
Air France KLM board agreed on a restructuring plan for next two years. Carl Zeiss Meditec estimated revenues for the year to jump 14% to €1 billion. Grenkeleasing said new business in the nine-months jumped 23% to €1.2 bn. Paragon agreed to acquire privately held Five Arrows Leasing for £117 mn.
Oct 01, 2015 2:35 PM ET
Market indexes on Wall Street lacked direction and oil prices declined nearly 1%. Chipmakers were on the defensive on an industrywide speculation that Apple Inc may cut chip orders for the fourth quarter.
Oct 01, 2015 1:49 AM ET
Nikkei average in Tokyo soared on the first day of the last quarter after falling the most in the previous quarter in five years. Tankan survey, released by the Bank of Japan showed mixed economic picture with the struggling manufacturing sector but growing service sector.
Oct 01, 2015 1:16 PM ET
Ashok Leyland total auto sales soared 26% and Hero MotoCorp total sales rose 0.7%. Maruti Suzuki India sales increased 4%. Eicher Motors sales surged 28% but Mahindra & Mahindra passenger vehicle sales slipped 7%.
Oct 01, 2015 1:12 PM ET
Resource stocks and banks led the latest advance in Australia. Crude oil and gold gained. Arrium estimated additional cost savings of $60 million as the steelmaker restructure its distribution and operations. Newcrest Mining sold off its remaining stake in Evolution Mining.
Oct 01, 2015 12:49 PM ET
Altice raised $2 billion in an equity offering and $8.6 billion in debt offering to finance the purchase of Cablevision. Repsol sell part of its piped gas business. Tullow managed to retain its credit facility of £2.4 billion.
Oct 01, 2015 12:40 PM ET
Ford, Fiat Chrysler, GM, Nissan U.S. sales in September surged. Bassett Furniture profit and revenues jumped. JPMorgan plans to bid for $18 billion of mortgages sold by the U.K. government. McCormick net tumbled 21%. Rite Aid same store sales increased 1.5%.