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Liberty Interactive to Buy Zulily for $2.4 B

Mukesh Buch
17 Aug, 2015
New York City

Cargill agreed to acquire Norway-based Ewos for about $1.5 billion. Liberty Interactive agreed to acquire Zulily for $ $2.4 billion. Accenture agreed to buy consulting unit of Schlumberger for an undisclosed amount. Agilent net plunged 30%. Estee Lauder net tumbled 41%. Urban Outfitters net slid.

Airbus in $26 B Deal with India Based Airline, Cargill to Acquire EWOS

Nigel Thomas
17 Aug, 2015
New York City

IndiGo agreed to buy 250 single-aisle A320neo jets from Airbus worth about $26 billion. EWOS agreed to be acquired by the U.S.-based Cargill for

Japan's GDP in Second Quarter Shrinks 1.6%

Hiruki Nakamura
17 Aug, 2015
New York City

Japan

Australian Stocks Rebound; Aurizon, Newcrest and Santos in Focus

Marcus Jacob
17 Aug, 2015
New York City

Australian market indexes rose in weak trading as investors looked for bargains and commodities were on the defensive. Aurizon Holdings reported nearly flat revenues. Newcrest Mining swung to annual profit after revenues rose 8%.

IndiGo to Buy 250 Airbus, Sensex in India Drops

Sarla Buch
17 Aug, 2015
New York City

Tata Motors July global wholesale slipped 8%. IndiGo agreed to buy 250 Airbus A320neo single-aisle jets at a list price of $26.5 billion from Airbus Group.

U.S. Production Picks Up Pace, Euro Ministers Set to Approve Greek Bailout

Nichole Harper
14 Aug, 2015
New York City

Stocks on Wall Street lacked direction on Wall Street after a week of bouncing around and industrial output increased at its fastest pace in eight months on the rising auto production. Euro zone finance ministers are set to approve

J.C. Penney Same Store Sales Jump 4.1%, Nordstrom Net Rises 15%

Mukesh Buch
14 Aug, 2015
New York City

Goldman Sachs agreed to acquire GE Capital Bank

Nikkei Extends Weekly Losses, Nexon Soars 20%

Hiruki Nakamura
14 Aug, 2015
New York City

Nikkei average in Tokyo extended weekly losses and the yen traded near low of the year so far. In volatile weekly trading, yen came under pressure after China devalued yuan for three days in a row. Asatsu-DK, the advertising company reported flat first-half revenues.

Swiss Life Net Rises, Air Berlin Swings to Net Loss

Nigel Thomas
14 Aug, 2015
New York City

Air Berlin net swung to a loss on 7% decline in revenues. Basilea Pharma net loss widened to 30.1 million francs while revenues soared 23%. IMCD profit soared to

Wholesale Prices Accelerate Decline in July, Sensex Soars 1.9%

Mukesh Buch
14 Aug, 2015
New York City

Sensex index in Mumbai soared on the hopes of a rate cut after wholesale price index dropped to a record low. The index has been showing a decline in prices since November and dropped to a record low of -4.5%.

Weekly Loss of 2.1% in Australian Stocks on New Six Year Low in Crude Oil

Marcus Jacob
14 Aug, 2015
New York City

Energy stocks and wider market indexes extended weekly losses in Australia after crude oil price dropped to a new six-year low. James Hardie struggled with revenues in the latest year and New Zealand-based resin maker Nuplex reported flat quarterly sales.

U.S. Retail Sales Lift Market indexes, 3-Day Renminbi Devaluation at 4.4%

Nichole Harper
13 Aug, 2015
New York City

S&P 500 and Tollbooth Strategy Index increased after retail sales were stronger than expected. Crude oil extended the recent decline as traders target $35 a barrel. China sought to calm markets after renminbi devaluation extended to 4.4% in three days.

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