Dec 07, 2015 10:11 AM ET
Markets across Europe rebounded after the U.S. reported better-than-expected November job gains. Low oil prices kept London gains in check. Electrolux plunged after GE terminated the sale of its appliance business. Ferrovial turned hostile and lifted its offer for Australia-based Broadspectrum.
Dec 07, 2015 7:35 AM ET
ASX 200 recorded marginal gains after the decline of oil prices dragged down energy stocks. Broadspectrum surged 48% after the Spain-based infrastructure group Ferrovial launched a hostile takeover bid worth $715 million. Graphitecorp tumbled 13% on its trading debut.
Dec 07, 2015 6:42 AM ET
Sensex extends losses to fourth day in a row. GMR Airports is in talks to sell 30% stake airport business to Canada-based Fairfax Financial and the U.S. based private equity firm. Tata Steel is close to divesting its U.K.-based steel plant.
Dec 07, 2015 6:43 AM ET
Nikkei rebounded 1% following the stronger-than-expected U.S. payrolls increase in November. Markets across Asia gained and the yen weakened to 123 mark against the U.S. dollar. Energy complex stocks declined after OPEC decided to hold its production quota despite the rising glut in the market.
Dec 04, 2015 12:02 PM ET
November month payroll gains increased 211,000 and jobless rate declined to a seven-year low of 5%. Payrolls for October and September were revised higher by 35,000. European markets were on the defensive. Crude oil eased to one-year low after OPEC held its production quota despite the rising glut.
Dec 04, 2015 11:39 AM ET
European markets extended losses dragged down by energy stocks. OPEC raised production ceiling to 31.5 million barrels of oil a day. French insurer AXA and the U.K. homebuilder Berkeley increased their dividends. Volkswagen U.K. sales plunged 20%.
Dec 04, 2015 11:21 AM ET
Big Lots net loss narrowed. Barnes & Noble net swung to a loss. Cooper net soared 31%. Genesco net soared 13%. Kroger profit surged 18%. OmniVision net tumbled 50% on 13% decline in revenues. Ulta Salon lifted earnings outlook after profit jumped 20%.
Dec 04, 2015 8:59 AM ET
ASX 200 index declined following the weak market conditions in New York and in Europe in overnight trading. Australian dollar eased and in active trading resource stocks and banks led the decliners. Virgin wins a regulatory approval to exend its alliance with Etihad for five more years.
Dec 04, 2015 8:25 AM ET
Stocks in Tokyo extended losses and the Nikkei dropped 1.9% in the week. Fujitsu, Toshiba and Vaio are in merger talks and combine personal computer business with the domestic market share of 30%.
Dec 04, 2015 8:03 AM ET
Stocks in Mumbai traded lower after markets across Asia declined. Investors shifted attention to U.S. rate decision after European Central Bank drove rates deeper in the negative territory. Jaiprakash Associates is looking to raise at least $700 million through a bond offering.