- Mukesh Buch
- 24 Jun, 2015
- New York City
3M agreed to acquire Capital Safety for $2.5 billion. Carnival net more than doubled. Monsanto profit surged 33% on 8% increase in revenues. Lennar net and revenues climbed 33%. Netflix plans for a 7-for-1 stock split.
- Nigel Thomas
- 24 Jun, 2015
- New York City
Ahold and the Belgium-based Delhaize agreed to merge and Ahold terminated its stock buyback program and announced
- Hiruki Nakamura
- 24 Jun, 2015
- New York City
Stocks in Tokyo extended gains and the yen weakened. Konica Minolta agreed to acquire the U.S. based Radiant Vision System for 30 billion yen. Nomura Research estimated higher sales and earnings in the current fiscal year.
- Marcus Jacob
- 24 Jun, 2015
- New York City
Australian market indexes closed flat in active trading and Programmed Maintenance Services agreed to acquire rival Skilled Group Ltd for A$652 million. Myer Holdings refinanced A$600 million bank debt with better terms. Flight Centre Travel Group plunged for the second day in a row.
- Mukesh Buch
- 24 Jun, 2015
- New York City
Strong monsoon rains supported market advance in Mumbai at the opening. However, Sensex halted 8-day rally after the collapse of Greek talks in the euro zone. JBM Auto launched its manufacturing plant in Sanand, Gujarat.
- Nichole Harper
- 23 Jun, 2015
- New York City
Market indexes on Wall Street hugged flat lines and investors reacted to corporate earnings. BlackBerry said phone unit sales continued to decline in the latest quarter and the maker of smartphone is allocating more resources to software. European markets traded higher.
- Mukesh Buch
- 23 Jun, 2015
- New York City
Home Properties agreed to be acquired by Lone Star Funds for $7.6 billion. BlackBerry net soared 196% but revenues plunged 32%. Darden Restaurants profit surged 80% and plans to separate a portion of its real estate assets. IHS net dropped 8%. Sonic net jumped 15%.
- Nigel Thomas
- 23 Jun, 2015
- New York City
Greek lawmakers resisted the latest proposal by prime minster to international lenders. The U.K. government lowered its stake in Lloyds Banking by 1%. Chemring net loss narrowed and revenues declined 23%. Ladbrokes surged after merger talks with privately owned Gala Coral.
- Mukesh Buch
- 22 Jun, 2015
- New York City
Energy Transfer Equity agreed to acquire Williams Companies for $53.1 billion. Cigna rejected $47 billion takeover bid from Anthem. AK Steel lowered its earnings outlook. Sequential Brands agreed to acquire Martha Stewart Living for $353 million.
- Hiruki Nakamura
- 23 Jun, 2015
- New York City
Nikkei and Topix soared nearly 2% and the yen eased on the hopes that Greece and European lenders are nearing a compromise and avoid a debt default in the euro zone. SoftBank formed a joint venture with India-based Bharti Enterprises to bid for solar power projects.
- Marcus Jacob
- 23 Jun, 2015
- New York City
Banks led the gainers in Sydney trading and the reference ASX 200 index jumped 1.3%. Healthscope Limited agreed to sell its domestic pathology operations for $105 million. Flight Centre Travel Group Ltd plunged 14% after the tour bookings operator lowered revenues outlook.
- Mukesh Buch
- 23 Jun, 2015
- New York City
Bharti Enterprise agreed to form a venture with Japan-based SoftBank and Taiwan-based Foxconn Technology and bid for solar projects in India. DLF plans to raise up to ₹5,000 crore through non-convertible debentures offering.
- Nigel Thomas
- 22 Jun, 2015
- New York City
European markets soared as negotiators voiced optimism for Greek discussion. Altice offered
- Hiruki Nakamura
- 22 Jun, 2015
- New York City
Nikkei average in Tokyo soared 1.5% and the yen gained in active trading. Tokyo Electron and Applied Materials withdrew merger plan. Fancl, the maker of nutrition supplements, said sales in May increased 17%.
- Marcus Jacob
- 22 Jun, 2015
- New York City
In below average trading, ASX 200 index turned corner in the afternoon to close higher. A2Milk Company said it has received a takeover offer from an associated party. Dexus Property agreed to acquire 50% stake in an office tower in the central area in Brisbane.