May 31, 2016 2:52 PM ET
European stock market indexes closed lower and latest economic data showed the euro zone is still in deflation. However, most major European markets gained in May. Volkswagen reported a 20% drop in profits.
May 31, 2016 1:38 PM ET
Great Plains Energy agreed to acquire Westar Energy for $8.6 billion. Carl Icahn confirmed a ""large position"" in Botox-maker Allergan. Bank of Nova Scotia net declined but revenues jumped. Frontline net and revenues surged. Medtronic net swung to profit.
May 30, 2016 12:44 PM ET
European stock markets closed slightly higher on Monday after France and Austria revised economic growth estimates. Daimler AG may face record cartel charges from the European Union. Dutch mail operator PostNL and Belgian rival BPost failed to agree on merger terms.
May 27, 2016 1:03 PM ET
European stocks closed flat and banks and resource sectors were in focus in the region. Roche AG announced positive results for a new blood cancer drug. Adidas sold its U.S.-based Mitchell & Ness. Philips Lighting jumped 10% to on its first day of trading.
May 27, 2016 4:15 PM ET
Big Lots net and sales rose 3%. Caleres net declined 8%. Deckers Outdoor, Palo Alto Networks and Splunk net loss widened. Multi-Color net plunged 29% but revenues surged 11%. NGL Energy net swung to a loss. Ulta Salon profit jumped 37% on 14% surge in revenues.
May 26, 2016 5:55 PM ET
European markets closed higher but gains were limited after banks recorded another down day. Banco Popular surprised investors with an announcement of €2.5 billion rights issue. Daily Mail & General Trust plunged 10% and reported falling advertising revenues.
May 26, 2016 5:43 PM ET
Abercrombie & Fitch net loss narrowed. Chico''s net and sales fell. Costco profit rose 6%. Dollar Tree net and revenues surged. Dollar General net soared 17%. Fred''s net swung to profit. Genesco net jumped 5%. RBC Bearings net surged 27%. Sears net loss widened. Tech Data net plunged 35%.
May 25, 2016 3:51 PM ET
European markets recorded solid gains on Wednesday after Greece reached an agreement with its creditors to unlock bailout funds, while oil price advanced and boosted energy stocks. Marks & Spencer lost 10.2% after the retailer warned that apparel business restructuring would hurt short term profit.
May 25, 2016 1:25 PM ET
Computer Sciences net swung to a loss after sales declined. Express net fell and the retailer lowered income forecast. Eaton Vance slid 6%. Hewlett Packard Enterprise jumped 5%. Intuit net doubled to $1.03 billion. Tiffany profit plunged 17%. Thermon Group net tumbled 53%.
May 24, 2016 5:49 PM ET
European stocks changed direction and moved higher as bank stocks advanced, while exporters received a boost from the weakening euro. French appliance maker SEB SA agreed to buy WMF for €1.6 billion. Galenica dropped 6.1% after the drug maker postponed the breakup of the group.