Oct 13, 2015 11:09 AM ET
TCS, the largest software services provider in India said net in the second-quarter soared 15%. DCB Bank slipped 10% but revenues surged 32%. ABB India secured an order to strengthen power grid in India. Japan-based Nippon Life Insurance signed an agreement to increase its stake to 49% in the RCap.
Oct 12, 2015 1:48 PM ET
Stocks on Wall Street paused as investors turned cautious ahead of earnings this week from mega cap and banking stocks. Eli Lilly suffered the largest single-day drop since 2009 after it canceled an experimental drug. Energy stocks fell after oil declined 2%.
Oct 12, 2015 1:01 PM ET
Australian market indexes declined after a five-day rally. In light trading, market indexes turned lower on weak resource stocks. Gold traded at a seven-year high. Glencore looks for more asset sale and use proceeds to lower debt.
Oct 12, 2015 12:20 PM ET
Boeing agreed to acquire the Germany-based Peters Software. Dell agreed to acquire EMC for about $67 billion. PTC agreed to buy Vuforia from Qualcomm. Staples agreed to extend the review period for Office Depot. VMware plunged on weak forecast.
Oct 12, 2015 12:16 PM ET
AB Inbev revised its proposal to acquire SABMiller to £43.50 per share in cash. Allianz Capital Partners plans to sell stake in the U.K.-based vending machine operator Selecta. Eurasia Drilling agreed to go private.
Oct 12, 2015 12:13 PM ET
Infosys said net in the quarter jumped 12% on 9% increases in revenues. Tata Steel said September crude steel production increased 9%. Hindustan Construction secured a contract from nuclear recycle plant of BARC at Tarapur near Mumbai.
Oct 09, 2015 2:23 PM ET
Market indexes on Wall Street lacked direction and the S&P 500 index hovered near the best weekly gain this year. Investor focus will turn to earnings as large banks are scheduled to announce results next week. American Airlines and United Continental led the airline stocks on strong forecasts.
Oct 09, 2015 1:13 PM ET
Fiat Chrysler plans to spin off Ferrari in a public offering and valuing the luxury automaker at €11 billion. Roche agreed to buy the U.S.-based Adheron Therapeutics for $580 million. Givaudan sales jumped 2%. Vedanta Resources production increased 6%.
Oct 09, 2015 1:04 PM ET
Alcoa net plunged 71% on 11% decline in revenues. American Airlines total revenue passenger miles in September jumped 7.2%. Electro Rent net tumbled 48%. LDR tumbled despite higher revenues forecast. UTi Worldwide surged and agreed to be acquired by Denmark-based DSV.
Oct 09, 2015 12:55 PM ET
Nikkei average in Tokyo closed higher following the market advance in New York. For the week, the Nikkei increased 3.9%. Ichigo, the real estate developer lifted annual revenues outlook. Meiko Network, the college preparatory services provider said annual revenues soared 21%.