Dec 17, 2015 11:45 AM ET
European markets surged after the Fed lifted rates and signaled improving economy. U.K. retail sales were ahead of expectations and construction activities in the euro zone also rose. AstraZeneca agreed to acquire Acerta Pharma for £2.7 billion.
Dec 17, 2015 11:35 AM ET
A day after rate hike, stocks on Wall Street traded lower and investors shifted focus to latest weekly jobless claims. Unemployment claims declined 11,000 in the previous week. FedEx and Oracle diverged on earnings. European markets jumped on widening economic activities.
Dec 17, 2015 11:20 AM ET
Accenture net dropped 3%. FedEx revenues and profit jumped 4%. General Mills net surged 53% but revenues slumped 6%. Jabil Circuit profit soared 83% on 15% increase in revenues. Oracle net tumbled 12% and revenues declined 6%. Rite Aid net plunged 43%.
Dec 17, 2015 11:00 AM ET
ASX 200 index jumped 1.5% after the widely anticipated increase in the U.S. interest rates kicked in. Banks led the gainers. Caltex Australia said net profit before one-time items soared 29%.
Dec 17, 2015 8:04 AM ET
Sensex jumped 1.2% following a rally in Asian markets after the U.S. Federal Reserve lifted rates and signalled that the economy has recovered to be strong enough to withstand higher rates. Reliance Infra acquired additional 17% stake in Pipavav Defence. Hindustan Unilever agreed to buy Indulekha.
Dec 17, 2015 6:47 AM ET
The Nikkei 225 average jumped 1.6% after trade deficit in November narrowed and the U.S. Fed raised its key lending rate. Toyota lifted 2016 global sales outlook by 1.1%. TDK plans to acquire Switzerland-based semiconductor designer.
Dec 16, 2015 2:22 PM ET
Stocks on Wall Street gyrated but markets remained calm after the U.S. Federal Reserve raised interest rate for the first time in nine years. The increase of 0.25% is expected to be followed by additional but gradual increases. Crude oil dropped more than 3% and natural gas fell to 16-year low.
Dec 16, 2015 11:27 AM ET
Global Payments agreed to acquire Heartland Payment for $4.3 billion. Honeywell reaffirmed 2015 earnings outlook. Heico net surged 19%. Joy Global net swung to a loss on 24% decline in revenues. Valeant lowered revenues outlook.
Dec 16, 2015 10:59 AM ET
European markets rally for the second day in a row. AstraZeneca agreed to acquire the respiratory business of Japan-based Takeda. Barclays agreed to sell its risk analytics and index solution business to Bloomberg for £520 million.
Dec 16, 2015 9:33 AM ET
ASX 200 index halted six-day losing streak following a rebound in New York. Domino''s Pizza Enterprises announced plans to acquire the largest pizza chain in Germany for $120 million. Healthcare stocks eased on fiscal year budget changes.