Dec 23, 2015 7:12 AM ET
Rupee strengthens for the sixth day in a row. Wipro agreed to acquire Viteos Group for about $130 million. L&T secured orders worth ₹1,178 crore in December. Tata Steel is in talks to sell its U.K.-based steel unit to a private equity firm.
Dec 23, 2015 7:04 AM ET
Australian markets extended gains for the sixth day in a row on the strength in banking and mining stocks. Aurizon Holdings issued a profit warning. Mirvac Group signed an agreement with China Investment Corp. Slater & Gordon Limited faces another class action suit.
Dec 22, 2015 11:59 AM ET
Market indexes on Wall Street struggled to extend 2-day gains and commodities lacked direction in lacklustre trading. Existing home sales in November declined 10.5% but median home price rose 6.3%. European deal announcements picked up. Asian markets closed mixed.
Dec 22, 2015 10:58 AM ET
European markets traded slightly higher in a volatile session. Carrefour agreed to buy Romanian supermarket chain Billa Romania. Eurobank sells its 80% stake in Eurolife ERB Insurance. National Bank of Greece sells Finansbank to Qatar National Bank for €2.75 billion.
Dec 22, 2015 10:48 AM ET
ConAgra profit surged. Cintas forecasted revenues for the year to jump 8%. Ennis net swung to profit but revenues fell. GE agreed to sell stake in Hyundai Capital to Hyundai Motor and Kia Motors. NetApp agreed to buy privately held SolidFire for $870 million.
Dec 22, 2015 9:21 AM ET
Australian market indexes extended five-day rally and losses in banks and resource stocks trimmed gains. eCargo soared after signing a contract with Woolworths for its China operations. Broadspectrum proposed to reject the $692 million takeover proposal from Ferrovial.
Dec 22, 2015 8:20 AM ET
The Nikkei 225 average closed marginally lower, while the Topix index edged higher in a lacklustre trading session ahead of a national holiday. McDonald reportedly plans to sell up to 33% stake in its Japanese unit. Recruit agreed to acquire Dutch rival USG People for €1.42 billion.
Dec 22, 2015 7:41 AM ET
Sensex in Mumbai turned lower but rupee strengthened for the sixth day in a row. State Bank of India is looking to raise as much as $2 billion through a bond offering. Kotak Mahindra Bank acquired 1.37% stake in Godrej Properties.
Dec 21, 2015 11:49 AM ET
Stocks on Wall Street lacked conviction and broader market indexes are still in the negative territory in the year so far. Uncertainties linked to the U.S. rates and falling energy prices are the latest worries sapping the market momentum in addition to the slowing growth in China.
Dec 21, 2015 11:27 AM ET
Carnival net swung to profit. Icahn Enterprises lifted its offer for The Pep Boy to $16.50 a share. Ingersoll-Rand intends to sell its remaining stake in Hussmann for $400 million. Staples fail to win antitrust approval for Office Depot.