- Hiruki Nakamura
- 01 Jul, 2015
- New York City
Nikkei average in Japan and extended weekly gains and the yen hovered near its recent low. Aeon Co, the retailer, estimated first-quarter revenues and profit rose more than expected. Retailer Lawson also reported improving sales and earnings.
- Mukesh Buch
- 01 Jul, 2015
- New York City
ACE agreed to acquire the Chubb Corp for $28.3 billion. Acuity Brands net surged 47% on 13% increase in revenues. AZZ net soared 34%. General Mills profit plunged 53%. Paychex net and revenues climbed. Peabody tumbled 22%. UniFirst net jumped 5%.
- Marcus Jacob
- 01 Jul, 2015
- New York City
Australian market indexes rebounded 1% on the hopes that the deepening crisis in the euro zone may be averted on a last minute deal. Asciano surged after it confirmed a takeover offer from a Canada based fund.
- Nigel Thomas
- 01 Jul, 2015
- New York City
Airbus secured contract from China Aviation Supplies Holding Company to supply 75 A330 wide-body jets. Anite net surged more than three-fold to
- Mukesh Buch
- 01 Jul, 2015
- New York City
Maruti Suzuki said June unit sales rose 1.8%. The Supreme Court of India said that the Petroleum and Natural Gas Regulatory Board has no power to set retail gas price of gas companies. Rajesh Exports is in talks to acquire a Switzerland-based gold refinery.
- Mukesh Buch
- 30 Jun, 2015
- New York City
Celgene plans to invest about $1 billion in Juno Therapeutics. Willis Group agreed to acquire Towers Watson. Apollo Education net declined. ConAgra net swung to profit. OMNOVA net soared 15%.
- Nigel Thomas
- 30 Jun, 2015
- New York City
Saab signed contracts for two new submarines and to upgrade two submarines worth about 8.6 billion kronor. Banco de Sabadell received regulatory approval to acquire share of TSB Banking for
- Hiruki Nakamura
- 30 Jun, 2015
- New York City
Market indexes in Asia and in Japan traded higher on the hopes that the last minute effort to avoid Greek debt default may lead to an accord. European Central Bank took steps to prevent the fast changing crisis from spreading to other nations in the euro zone. Sony announced a $3.6 billion offering.
- Mukesh Buch
- 30 Jun, 2015
- New York City
Market indexes and the rupee rebounds in India. Bharti Airtel subscribers cross 300 million, the third largest mobile operator in the world. M&M plans to invest for about ₹6,500 crore at the Chakan plant. Brigade Enterprise acquired land in Chennai from Kansai Nerolac Paints for $85 million.
- Marcus Jacob
- 30 Jun, 2015
- New York City
Australian indexes rebounded on the last day of the week, month, quarter and half-year. The Aussie dollar struggled but resource stocks gained and banks led the advance. Kathmandu Holdings Ltd, the outdoor apparel retailer confirmed a takeover bid.
- Nichole Harper
- 30 Jun, 2015
- New York City
World markets were on the defensive for the second day in a row as the prospect of a last minute accord between international lenders and Greece receded. Greece is scheduled to default at midnight and finance ministers are expected to meet tomorrow morning. China took steps to halt bear market.
- Nichole Harper
- 29 Jun, 2015
- New York City
Global markets faltered and the euro was on the defensive after Greece imposed capital controls and tempers rose in the euro zone. Merger Monday saw a flurry of activities on both sides of the Atlantic.
- Hiruki Nakamura
- 29 Jun, 2015
- New York City
Market indexes in Tokyo plunged as much as 3% following a sharp turn in the euro zone. Greece imposed capital controls and entered in an unpredictable zone with the prospect of troubled nation leaving the currency union rose.
- Mukesh Buch
- 29 Jun, 2015
- New York City
GE agreed to sell its fleet businesses to Element Financial and Arval. Gannett began trading as two separate companies. SYSCO terminated its merger agreement with US Foods. Amphenol agreed to acquire FCI Asia for $1.3 billion. AMAG agreed to buy Cord Blood Registry for $700 million.
- Nigel Thomas
- 29 Jun, 2015
- New York City
Deutsche Boerse is in talks with Six Group to acquire the remaining stakes in Stoxx and Indexium for 650 million Swiss francs. BMW in a consortium plans to bid for Australia and New Zealand Banking Group''s car and equipment loan business.