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Market Update Archive: 
India Movers: ABB, Lupin, Ramco Systems, Suzlon Energy, Tata Steel
Apr 09, 8:27 AM ET
ABB India received a contract of $18 million from Power Grid Corp. Lupin received US regulatory approval to sale generic version of Actos of Takeda Pharma. Suzlon Energy sold its Illinois wind farm and obtained 850 million finance from banks. Tata Steel sold its New Zealand unit to a local player.
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Tokyo Sell-off Extends to Day Four, Seibu Trims IPO Size 73%
Apr 09, 12:13 PM ET
Stocks in Tokyo declined for the fourth day in a row and the trading in yen was in focus after the Bank of Japan did not announce new measures to support the economic expansion. Seibu Holdings trimmed its initial public offering size by 73%.
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Australian Indexes Jump 1%, David Jones Receives $2 B Bid
Apr 09, 11:30 AM ET
Australian indexes jumped 1% and the Aussie dollar edged near 94 U.S. cents. David Jones received an unsolicited offer from South Africa based retailer and Myer Holdings withdrew its offer.
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IMF Trimmed World Growth Outlook, Jittery Stocks on Wall Street
Apr 08, 12:14 PM ET
U.S. stocks struggled to advance and a broad selloff in sectors dragged market sentiment. Investors turned cautious on stretched valuation. The International Monetary Fund trimmed its world growth projection for the current year from its earlier projection in January.
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A. Schulman, International Speedway Rise; Argan, Team Fall
Apr 08, 12:21 PM ET
Argan net surged 39%. A. Schulman net plunged 42% but revenue soared 14%. International Speedway profit climbed 47% and revenue rose 3%. Team said net loss in the quarter widened but revenues jumped 8%. Zep net swung to loss.
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Europe Earnings: GVC, Suedzucker, Sports Direct, Saint Gobain
Apr 08, 11:29 AM ET
Matchtech profit surged 49% and revenue climbed 12%. Suedzucker tumbled after profit plunged 32% to 658 million. Sports Direct declined after Mike Ashley sold 4% stake worth 204 million in the company. Saint Gobain fell after Groupama sold its entire stake of 1.8%.
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First Current Account Surplus in Japan in Five Months
Apr 08, 11:41 AM ET
Current account swung to a surplus in Japan for the first time in five months in February. Trade deficit in the month narrowed but is expected to increase if imports sustain the momentum after the latest tax increase.
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Australian Dollar Gains, Market Indexes Trim Losses
Apr 08, 9:42 AM ET
Australian stocks opened lower following the weak market closes in Europe and New York and trading volume was near the low in the year so far. Australian dollar edged higher. Affinity Education Group Limited proposed to acquire a portfolio of centers for $80 million.
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Three Large Global Merger Deals, U.S. Tech Stocks Selloff Continues
Apr 07, 11:11 AM ET
U.S. stocks extended losses for the third day and three large merger deals were announced in India, U.S. and Europe. The market correction continues across many sectors led by 15% losses in high flying Internet stocks. Investors are anticipating 16 IPOs to be completed this week.
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Hocim and Lafarge to Merge, Mallinckrodt to Buy Questcor
Apr 07, 11:15 AM ET
Three large merger deals in U.S., Europe and India dominated Monday news as traders focused on highflying tech stocks. Holcim Ltd and Lafarge SA agreed to merge to form the largest cement maker. Daiichi Sankyo sells Ranbaxy stake to Sun Pharma. Mallinckrodt PLC to acquire Questcor for $5.6 billion.
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