- Mukesh Buch
- 04 Sep, 2015
- New York City
Allergan agreed to acquire AqueSys for $300 million. BlackBerry agreed to acquire Good Technology for $425 million. Cooper net tumbled 49% but revenues jumped 7%. Esterline lowered annual outlook. UTi Worldwide net loss widened. VeriFone net swung to profit.
- Nigel Thomas
- 04 Sep, 2015
- New York City
Bwin.Party accepted a higher offer from GVC and terminated merger plan with 888 Holdings. Altran profit surged 34% on 11% increase in revenues. Aer Lingus passenger traffics in August jumped 5.3%. Emis profit jumped 8%.
- Nichole Harper
- 03 Sep, 2015
- New York City
Investors looked ahead to the monthly employment data release tomorrow. Global markets gained in quiet trading and bond yields fell in the euro zone after the European Central Bank trimmed growth and inflation outlook.
- Hiruki Nakamura
- 03 Sep, 2015
- New York City
Nikkei average in Tokyo closed higher and the yen strengthened in thin trading. Nikkei traded above 18,000 but investors worried that the quarter profit may fall below expectations.
- Marcus Jacob
- 03 Sep, 2015
- New York City
The latest read on Australian retail sales added to domestic economic anxieties following the weak economic growth data released this week. In addition, trade deficit in July narrowed but core exports of coal and metal ores fell.
- Nigel Thomas
- 03 Sep, 2015
- New York City
Syngenta announced a share repurhcase plan of more than $2 billion. UCB unit agreed to be acquired by Lannett for $1.2 billion. easyJet lifted fiscal outlook. Co-operative Group swung to profit. Lookers agreed to acquire Benfield Motor.
- Mukesh Buch
- 03 Sep, 2015
- New York City
Volatile Sensex in Mumbai jumped up more than 1% following relative stability in world markets. Punj Lloyd plans to invest $300 million to expand its defense facilities. VA Tech received an order from Malaysia-based Petronet worth $250 million.
- Mukesh Buch
- 03 Sep, 2015
- New York City
Lannett agreed to acquire a unit of UCB for $1.2 billion. AOL agreed to acquire Millennial Media for $250 million. Campbell Soup net tumbled 45%. Ciena profit jumped 46%. Greif net plunged 37.2% but lifted fiscal outlook. Joy Global net plunged.
- Nichole Harper
- 02 Sep, 2015
- New York City
Global markets stabilized after China took steps to support stocks with the help of nine large brokerage houses. Stocks on Wall Street advanced after productivity rose at a faster pace in the second quarter. Crude oil eased on rising inventories.
- Mukesh Buch
- 02 Sep, 2015
- New York City
AeroVironment net loss widened. Ambarella net more than doubled. H & R Block announced a stock buyback plan of as much as $3.5 billion through June 2019. Navistar sales declined 11%. Valeant agreed to acquire surgical devices maker Synergetics for $6.50 a share.
- Nigel Thomas
- 02 Sep, 2015
- New York City
Ashtead profit surged 36% on 26% increase in revenues. Halfords plunged after comparable bicycles and accessories sales declined 11%. Ryanair said passenger count in August surged 10%. Vivendi increased stake in Dailymotion to 90%.
- Mukesh Buch
- 02 Sep, 2015
- New York City
Indexes in India declined and vehicle makers reported mixed sales.
Hero MotoCorp, the largest two-wheeler maker said sales in August declined 14% but Bajaj sales rose 2%. Third largest scooter maker TVS Motor said sales edged up 0.7%. Largest truck maker Tata Motor said domestic sales fell 3%.
- Marcus Jacob
- 02 Sep, 2015
- New York City
Australian economic growth slowed more than anticipated. GDP rose barely in the second quarter from the first after prices of oil, iron ore and other commodities dipped to new lows. Economy may have entered negative zone in the current quarter.
- Hiruki Nakamura
- 02 Sep, 2015
- New York City
Volatile Nikkei average closed down after Chinese stocks fell again in a chaotic session. Nikkei lacked direction and the average jumped up and down in most of the session but drifted near six-month low. Daio Paper plunged 18% after the company announced $250 million euro-yen bond offering.
- Nichole Harper
- 01 Sep, 2015
- New York City
Global markets selloff began in Asia and quickly traveled to Europe and New York with major market indexes falling between 2% and 4%. S&P 500, Tollbooth and Dow reentered corrective phase as indexes resume downward spiral in September.