- Sarla Buch
- 30 Dec, 2015
- New York City
Sensex in Mumbai traded lower on global growth worries and caution ahead of derivatives expiration. Bharti acquired 74% stake in Augere Wireless Broadband. SREI agreed to acquire leasing joint venture stake from its France-based partner BNP Paribas.
- Hiruki Nakamura
- 30 Dec, 2015
- New York City
Nikkei 225 average in Tokyo closed up 9.1% and led the developed markets in the world. Bridgestone Corp said it has no plans to revise its offer higher for Pep Boys.
- Nichole Harper
- 29 Dec, 2015
- New York City
S&P 500 index traded in the positive zone for the year after tech stocks rallied and energy complex stocks edged higher. Crude oil jumped 2%. European markets extended yearly gains but the FTSE 100 index lagged and the markets in Asia closed mixed.
- Mukesh Buch
- 29 Dec, 2015
- New York City
GE agreed to acquire privately held gas turbine maker Metem Corp. European Commission approved the merger between Altera and Intel. Icahn Entp lifted Pep Boys-Manny Moe offer to $1 billion.
- Lucy Stoeva
- 29 Dec, 2015
- New York City
European markets advanced on Tuesday in light trading. Anglo American sold its 83.3% stake in Australia-based Dartbrook Coal Mine. Deutsche Bank sold its 20% in China-based Hua Xia Bank for
- Marcus Jacob
- 29 Dec, 2015
- New York City
ASX 200 index extended gains for the eight session in a row. Australian Dairy Farms Group acquired privately-owned Camperdown Dairy Farms for $11 million in cash. Australian Pacific Coal Ltd acquires 83.33% in Dartbrook mine from Anglo American.
- Hiruki Nakamura
- 29 Dec, 2015
- New York City
Stocks in Japan advanced on bargain-hunting and strength in construction and pharmaceuticals. Toshiba seeks a new credit line of 300 billion yen and plans large-scale restructuring. FamilyMart
- Sarla Buch
- 29 Dec, 2015
- New York City
Sensex index in Mumbai declined and markets across Asia retained a negative bias on the weakening economic backdrop in China and falling energy imports from Japan. Rupee traded near record low, despite the oil prices easing to 11-year low.
- Nichole Harper
- 28 Dec, 2015
- New York City
With sellers in control, oil prices turned lower in the last week and stocks followed. Market indexes on Wall Street declined as much as 0.6%. U.S. holiday spending rose more than expected and more shoppers shifted to online shopping.
- Mukesh Buch
- 28 Dec, 2015
- New York City
Amazon added 3 million Prime service members in the week of Christmas. Apple sued Samsung for additional $180 million in damages. Chimerix plunged 77% after the blood transfer infection prevention drug failed in Phase 3 trial.
- Lucy Stoeva
- 28 Dec, 2015
- New York City
Stock markets edged lower in Europe and trading remained subdued in the holiday-shortened week. adidas expects higher sourcing costs in 2016 due to negative currency effects. Banca Monte dei Paschi sells its loan portfolio to Deutsche Bank. Transocean
- Sarla Buch
- 28 Dec, 2015
- New York City
India and Russian companies sign contacts to increase local content in defense equipment and systems and speed up construction of nuclear power plants. Tata Power, Essar, Reliance, Bharat Forge are some of the leading companies engaged in joint developments.
- Hiruki Nakamura
- 28 Dec, 2015
- New York City
The Nikkei 225 average closed higher as bargain-hunting offset disappointing November production and retail data. Taiwan-based Hon Hai Precision Industry is exploring to acquire Sharp Corp. Tri-Stage expects annual net income to plunge 23.1%.
- Hiruki Nakamura
- 25 Dec, 2015
- New York City
Nikkei 225 average closed lower in muted trading and the yen edged down against the U.S. dollar. J. Front Retailing reported nine-month sales increased 2.5% and net income soared 79%.
- Nichole Harper
- 24 Dec, 2015
- New York City
Stocks on Wall Street lacked cheer and market indexes rested ahead of early closure. Crude oil gained for the fourth session in a row and jobless claims in the previous week dropped to a 42-year low. European markets were little changed and energy prices were in focus.