Oct 22, 2015 4:41 PM ET
Daimler profit tumbled 14% but revenues soared 13%. Orange revenues jumped 5%. Deutsche Wohnen for the second time rejected €14 billion hostile takeover offer from Vonovia and terminate merger agreement with LEG. Comdirect Bank profit soared 16%.
Oct 21, 2015 7:41 AM ET
Stocks on Wall Street struggled after mixed earnings report and energy complex drifted lower after a weak weekly inventory report. Crude oil plunged to a three-week low. The $30 billion worth of two deals in technology hardware brought KLA and Lam Research and Western Digital and SanDisk together.
Oct 21, 2015 7:33 AM ET
KLA-Tencor agreed to be acquired by Lam Research for $10.6 billion. Western Digital agreed to acquire SanDisk for $19 billion. Abbott net jumped 8%. Boeing profit surged 25%. GM reported flat profit. Kimberly Clark revenues and profit plunged. Coca-Cola net declined 31%.
Oct 21, 2015 7:31 AM ET
Credit Suisse profit tumbled 24% on 8% decline in revenues and plans to raise 6 billion Swiss francs through new shares. Pearson plunged on weak sales numbers. Fiat Chrysler announced pricing of initial public offering. Sky operating profit in the quarter soared 10%.
Oct 21, 2015 7:29 AM ET
Nikkei average in Tokyo jumped 1.9% to a six-week high after exports in September rose less-than-expected stoking the speculation of another round of stimulus from the government. Nidec Corp soared after reporting better-than-expected sales and lifted annual sales outlook.
Oct 21, 2015 7:27 AM ET
Australian market indexes gained and the Aussie dollar hovered below 73 U.S. cents. BHP Billiton reported iron ore production in fiscal first-quarter soared 7% to a record high. Sydney Airport said September traffic increase was driven by a sustained increase of tourists from India and China.
Oct 21, 2015 7:25 AM ET
HDFC Bank said quarterly profit jumped 21%. Bajaj Auto and Bajaj Finserv net surged. ACC net declined 40%. Everest Ind net swung to a loss. Hero MotoCorp net rose 1% but revenues fell 2%. Mphasis profit surged 22%.
Oct 20, 2015 7:07 AM ET
Yum! Brands plans to spin off its China operation. Team Health rejected takeover proposal from Amsurg. IBM revenues declined. BNY Mellon profit and revenues plunged. Harley-Davidson net declined. Lockheed Martin lifted sales forecast. United Technologies net tumbled.
Oct 20, 2015 7:06 AM ET
Deutsche Bank’s foreign-exchange unit erroneously transferred $6 billion to a client. ASOS net edged up. Pentair net swung to profit and lowered fiscal outlook. Swedbank revenues and profit plunged. Whitbread sales and profit jumped.
Oct 20, 2015 7:03 AM ET
Hindustan Zinc said quarterly profit rose 5%. State Bank of Bikaner net surged 52% but gross non-performing assets remained above 4%. Bajaj Finance quarterly revenues increased 37%. Can Fin Homes net soared 91%. GRUH Finance net Jumped 20%. Gati net fell 17%.