- Nichole Harper
- 17 Jun, 2015
- New York City
U.S. stocks were in holding pattern ahead of rate decision this afternoon from the Fed. Fed fund rates, bank rates for other banks, reached a two-year high of 0.14% average. California State
- Hiruki Nakamura
- 17 Jun, 2015
- New York City
Nikkei average in Tokyo increased and the yen held firm ahead of the U.S. Fed
- Mukesh Buch
- 17 Jun, 2015
- New York City
Allergan agreed to acquire Kythera Biopha for $2.1 billion. Actuant net tumbled 25% on 15% decline in revenues. Adobe net soared 67%. Bob Evans net plunged 57%. FedEx net swung to a loss. La-Z-Boy net soared 66%.
- Nigel Thomas
- 17 Jun, 2015
- New York City
Berkeley profit surged 45% on 31% increase in revenues. Betfair net jumped 69% to
- Marcus Jacob
- 17 Jun, 2015
- New York City
Australian market indexes opened higher following strong lead from international markets and ahead of the U.S. Fed rate decision later today. Woolworths Limited said chief executive Grant O
- Mukesh Buch
- 17 Jun, 2015
- New York City
Central government is expected to hike import duty on steel products. Essar Power Transmission is in merger talks with Adani. TCS and IBM are in a race to win Sweden-based AB Volvo''s IT outsourcing contract worth about $500 million.
- Nichole Harper
- 16 Jun, 2015
- New York City
Market indexes on Wall Street advanced ahead of Fed statement tomorrow and rising merger activities. Coty Inc soared 18% after the company acquired beauty business portfolio from Procter & Gamble. Housing starts plunged but permits soared 11%.
- Mukesh Buch
- 16 Jun, 2015
- New York City
Boeing sold 100 737 MAX 8 passenger jets worth $10.7 billion at a list price to AerCap. Berkshire Hathaway agreed to acquire 3.7% stake in Insurance Australia Group. Cox Automotive agreed to buy Dealertrack for $4 billion. FactSet net soared 19%.
- Nigel Thomas
- 16 Jun, 2015
- New York City
Kier secured contracts worth
- Hiruki Nakamura
- 16 Jun, 2015
- New York City
Stocks in Tokyo closed down and the yen held near its recent lows in cautious trading. Sentiment weakened for the second day after talks between Greece and European lenders collapsed. Kao Corp, the cosmetic maker said first-half sales operating profit increased 3%.
- Mukesh Buch
- 16 Jun, 2015
- New York City
Imports declined more than exports in May month in India. BPCL said the central government plans to sell 3% stake in the company. Essar Oil plans to sell majority stake to Russia-based OAO Rosneft. RComm plans to acquire Russia-based Sistema''''s Indian mobile phone unit.
- Marcus Jacob
- 16 Jun, 2015
- New York City
In weak trading, ASX 200 index closed unchanged and Warren Buffett controlled Berkshire Hathaway agreed to acquire 3.7% stake in Insurance Australia Group. Motor vehicles sales in May declined 1.3%.
- Nichole Harper
- 15 Jun, 2015
- New York City
Market indexes around the world were under pressure and the euro declined after talks between European lenders and Greece collapsed. Bond yields on 2-year Greek jumped to 29% and 10-year bond yield jumped to 12.4%. The euro fell 0.2%.
- Mukesh Buch
- 15 Jun, 2015
- New York City
CVS Health agreed to acquire the in-store pharmacy from Target for $1.9 billion. Comverse net loss widened and agreed to buy U.K.-based Acision. Masonite received binding offer from France-based Perceva. United Technologies plans to sell or split its Sikorsky helicopters business.
- Nigel Thomas
- 15 Jun, 2015
- New York City
Metro agreed to sell its department store chain to Canada-based Hudson''s Bay for