Dec 29, 2015 11:44 AM ET
GE agreed to acquire privately held gas turbine maker Metem Corp. European Commission approved the merger between Altera and Intel. Icahn Entp lifted Pep Boys-Manny Moe offer to $1 billion.
Dec 29, 2015 9:13 AM ET
European markets advanced on Tuesday in light trading. Anglo American sold its 83.3% stake in Australia-based Dartbrook Coal Mine. Deutsche Bank sold its 20% in China-based Hua Xia Bank for Ä3.7 billion.
Dec 29, 2015 7:42 AM ET
ASX 200 index extended gains for the eight session in a row. Australian Dairy Farms Group acquired privately-owned Camperdown Dairy Farms for $11 million in cash. Australian Pacific Coal Ltd acquires 83.33% in Dartbrook mine from Anglo American.
Dec 29, 2015 6:58 AM ET
Stocks in Japan advanced on bargain-hunting and strength in construction and pharmaceuticals. Toshiba seeks a new credit line of 300 billion yen and plans large-scale restructuring. FamilyMartís sales and operating profits soar. Dydo Drinco completes the acquisition of two beverage business.
Dec 29, 2015 6:35 AM ET
Sensex index in Mumbai declined and markets across Asia retained a negative bias on the weakening economic backdrop in China and falling energy imports from Japan. Rupee traded near record low, despite the oil prices easing to 11-year low.
Dec 28, 2015 12:09 PM ET
With sellers in control, oil prices turned lower in the last week and stocks followed. Market indexes on Wall Street declined as much as 0.6%. U.S. holiday spending rose more than expected and more shoppers shifted to online shopping.
Dec 28, 2015 2:02 PM ET
Amazon added 3 million Prime service members in the week of Christmas. Apple sued Samsung for additional $180 million in damages. Chimerix plunged 77% after the blood transfer infection prevention drug failed in Phase 3 trial.
Dec 28, 2015 10:30 AM ET
Stock markets edged lower in Europe and trading remained subdued in the holiday-shortened week. adidas expects higher sourcing costs in 2016 due to negative currency effects. Banca Monte dei Paschi sells its loan portfolio to Deutsche Bank. Transoceanís Polar Pioneer contract is terminated by Shell.
Dec 28, 2015 7:00 AM ET
India and Russian companies sign contacts to increase local content in defense equipment and systems and speed up construction of nuclear power plants. Tata Power, Essar, Reliance, Bharat Forge are some of the leading companies engaged in joint developments.
Dec 28, 2015 6:49 AM ET
The Nikkei 225 average closed higher as bargain-hunting offset disappointing November production and retail data. Taiwan-based Hon Hai Precision Industry is exploring to acquire Sharp Corp. Tri-Stage expects annual net income to plunge 23.1%.