- Nigel Thomas
- 16 Sep, 2015
- New York City
Anheuser Busch said it plans to acquire SABMiller. Glencore plans to raise $2.57 billion to reduce net debt. Inditex profit soared 26% on 17% increase in revenues. Richemont sales jumped 4%. Zodiac Aerospace revenues surged 18%.
- Nichole Harper
- 15 Sep, 2015
- New York City
Market indexes on Wall Street advanced more than 1% after August retail sales advanced more than expected indicating that the latest market turbulence had little impact on the consumer. S&P 500 index remained 4% down for 2015.
- Hiruki Nakamura
- 15 Sep, 2015
- New York City
The Bank of Japan left its stimulus program on hold after a 2-day meeting and retained the rate of money printing as announced before. Itoham Foods, the second largest food company in Japan is in merger talks with the seventh-largest food processor Yonekyu.
- Marcus Jacob
- 15 Sep, 2015
- New York City
Australian political uncertainty reached a new high after Malcom Turnbull forced out Prime Minister Tony Abbott in a leadership challenge. Australia has struggled to implement policies for nearly eight years with the revolving-door-government.
- Mukesh Buch
- 15 Sep, 2015
- New York City
Gray Television agreed to acquire privately-owned Schurz Communications for $442.5 million. GTT Communications agreed to buy One Source Networks for $175 million. Huron Consulting agreed to acquire Cloud62. Shiloh net tumbled 76%. Unilife net loss widened.
- Nigel Thomas
- 15 Sep, 2015
- New York City
European markets closed higher but German business confidence declined on the emerging markets export worries. Kingfisher profit surged 10%. Tele Columbus agreed to acquire rival Pepcom for
- Mukesh Buch
- 15 Sep, 2015
- New York City
Market indexes in Mumbai declined and investors overlooked the latest decline in consumer price index. The Reserve Bank of India lifted foreign investment limit to 40% in the largest auto maker Maruti Suzuki India.
- Nichole Harper
- 14 Sep, 2015
- New York City
Stocks on Wall Street eased and crude oil and copper declined as investors awaited the outcome of Fed policy meeting on Thursday. Market sentiment was tentative after China reported slowing growths in investments and factory output.
- Mukesh Buch
- 14 Sep, 2015
- New York City
Apple started accepting pre-orders for the iPhone 6s and iPhone 6s Plus. Mylan offered to acquire Perrigo Co for $27 billion. Solera agreed to be acquired by privately held Vista Equity Partners for $6.5 billion.
- Hiruki Nakamura
- 14 Sep, 2015
- New York City
Nikkei average in Tokyo dropped 1.6% following Asian markets decline after China reported weakening factory output and fixed-asset investments data over the weekend. Shoei Foods, the dairy and confectionary maker said quarterly sales increased 9.1%.
- Marcus Jacob
- 14 Sep, 2015
- New York City
Australian market indexes struggled after the latest economic data from China showed weakening growth backdrop. Australian dollar edged higher. Oil Search rejected latest takeover overture from Woodside Petroleum.
- Mukesh Buch
- 14 Sep, 2015
- New York City
The wholesale prices in India declined at a faster pace in August, largely on 16% drop in fuel prices. Volatile vegetable prices, sensitive issues for most families, declined 21% but prices for pulses rose 36%. JK Tyre is a step closer to acquire tire unit of Kesoram for $300 million.
- Nigel Thomas
- 14 Sep, 2015
- New York City
European markets take a cautious view of ahead of the U.S. rate decision later in the week. Trinity Mirror is in talk to acquire remaining stake in Local World. Nokia received U.S. regulatory approval to acquire Alcatel Lucent.
- Nichole Harper
- 11 Sep, 2015
- New York City
Market indexes on Wall Street in a slow but steady climb on Friday cross in the positive zone as oil plunged as much as 3%. Producer inflation is expected to remain restrained after the latest report from the government showed benign price pressures.
- Mukesh Buch
- 11 Sep, 2015
- New York City
GE agreed to sell its transportation finance business to BMO Financial. Brady net loss narrowed. Kroger net swung to a loss. Mattress Firm profit surged 53%. Marvell Technology net swung to a loss. Restoration Hardware net jumped 10%. Zumiez net tumbled 57%.