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Europe Movers: Alcatel Lucent, Sprue Aegis, Gemalto, Trinity Mirror

Nigel Thomas
14 Sep, 2015
New York City

European markets take a cautious view of ahead of the U.S. rate decision later in the week. Trinity Mirror is in talk to acquire remaining stake in Local World. Nokia received U.S. regulatory approval to acquire Alcatel Lucent.

S&P 500 Struggles on Flat Producer inflation and 3% Drop in Oil

Nichole Harper
11 Sep, 2015
New York City

Market indexes on Wall Street in a slow but steady climb on Friday cross in the positive zone as oil plunged as much as 3%. Producer inflation is expected to remain restrained after the latest report from the government showed benign price pressures.

Kroger, Restoration Soar; Mattress Firm, Marvell, Zumiez Tumble

Mukesh Buch
11 Sep, 2015
New York City

GE agreed to sell its transportation finance business to BMO Financial. Brady net loss narrowed. Kroger net swung to a loss. Mattress Firm profit surged 53%. Marvell Technology net swung to a loss. Restoration Hardware net jumped 10%. Zumiez net tumbled 57%.

SoftBank in Focus on LBO Talks Report, Aeon REIT Net Rises

Hiruki Nakamura
11 Sep, 2015
New York City

Nikkei average eased and in volatile trading the reference index trimmed weekly gains. SoftBank Group was in focus on speculation that the founder Son is looking to take the telecom company private.

Actelion Offers $2.5 B to ZS Pharma, J D Wetherspoon Net Soars

Nigel Thomas
11 Sep, 2015
New York City

Actelion in preliminary talk with the U.S.-based rivals ZS Pharma for $2.5 billion. Gerry Weber profit tumbled 49% but revenues jumped 5%. J D Wetherspoon profit soared 9% on 7% increase in revenues. Jelf received

Australian indexes Lack Support, CBA Offering Attracts 50% Participation

Marcus Jacob
11 Sep, 2015
New York City

Australian market indexes closed down and trimmed weekly gains to 0.7%. Commodities eased. Commonwealth Bank only received 50% participation in its $3 billion rights offering. Newcrest Mining struggles with safety issues.

Sensex in India Advances 1.6%; MRF, TVS to Expand in Tamil Nadu

Mukesh Buch
11 Sep, 2015
New York City

Arvind Ltd, apparel retailer entered in a partnership with cosmetics retailer Sephora. MRF & TVS Motors finalize investment plans to expand manufacturing in Tamil Nadu. L&T is a step closer to issue bonds worth ₹9,600 crore.

Palo Alto Surges; Krispy Kreme, Lululemon Plunge

Mukesh Buch
10 Sep, 2015
New York City

Assurant agreed to sell businesses for $1.92 billion to Canada-based Sun Life Financial. Dell plans to invest $125 billion in China in the next five years. Hovnanian net swung to a loss. Krispy Kreme profit increased 4%. Lululemon net dropped 2%. Palo Alto net loss widened.

Australian Indexes Drop 2.4% on Weak Commodities

Marcus Jacob
10 Sep, 2015
New York City

Australian market indexes declined more than 2% after regional markets turned volatile and investors worried on the faster economic slowdown in China. Gold and crude oil declined. Atlas Iron reached its production target four months ahead of schedule.

Nikkei Settles Lower in Tokyo, Machine Orders Slipped in July

Hiruki Nakamura
10 Sep, 2015
New York City

Nikkei average settled lower in choppy trading following the largest one-day gain since 2008. Core machinery orders slipped in July. Shimamura advanced on higher first-half sales.

Dunelm, Next Profit Jump; Morrison Net Tumbles

Nigel Thomas
10 Sep, 2015
New York City

Bouygues secured contract worth

Wireless Carriers in India Look to Consolidate, Sensex Falls

Mukesh Buch
10 Sep, 2015
New York City

Com plans to sign a spectrum sharing agreement with Reliance Jio.Bharti and Malaysia-based Axiata Group are looking to combining operations in Bangladesh.

Wall Street Turns Cautious, Asia and Europe Rally

Nichole Harper
09 Sep, 2015
New York City

Stocks on Wall Street opened higher after positive comments from Beijing and Tokyo. However, market sentiment turned negative in the afternoon trading ahead of Fed policy meeting next week. Apple released new phone versions and business user focused tablets.

Biggest One Day Surge in Seven Years in Nikkei

Hiruki Nakamura
09 Sep, 2015
New York City

Nikkei average soared nearly 8% after dipping into negative territory following a broader rally in Asia. In the largest one-day gain since October 2008, Nikkei closed at a one-week high. Toshiba traded volatile and SoftBank and Fanuc led gainers in the index.

Australian Indexes Soar 2.2%, Home Loans Approval Rise 0.3%

Marcus Jacob
09 Sep, 2015
New York City

Australian market indexes soared more than 2% following an Asia-wide rally. In active trading, banks and resource stocks led gainers. Home loans approval increased less than expected 0.3% in July.

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