Vista Outdoor Inc. (VSTO) announced Monday that it entered into an amendment to the merger agreement with Czechoslovak Group a.s., whereby Czechoslovak Group raised its offer for the base purchase price payable for the acquisition of The Kinetic Group business by $40 million to $2 billion from $1.96 billion. It also increased the cash consideration...
Germany\'s business sentiment softened in June due to more pessimistic expectations, highlighting the hardship that the economy faces amid headwinds, survey results from the ifo Institute showed on Monday. The business confidence index fell to a three-month low of 88.6 in June from 89.3 in May. The score was forecast to rise slightly to 89.7....
Japan will on Tuesday release May figures for producer prices, highlighting a modest day for Asia-Pacific economic activity. Producer prices are expected to rise 3.0 percent on year, accelerating from 2.8 percent in the previous month. Japan also will see May figures for its leading and coincident indexes; in the previous month, they were up...
The South Korea stock market has moved lower in two straight sessions, sinking more than 40 points or 1.4 percent along the way. The KOSPI now rests just beneath the 2,765-point plateau and it may spin its wheels again on Tuesday. The global forecast for the Asian markets is mixed, with continued profit taking among...
The Malaysia stock market has finished lower in six straight sessions, slumping more than 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and it\'s poised to stop the bleeding on Tuesday. The global forecast for the Asian markets is mixed, with continued profit...
Producer prices in Japan were down 0.1 percent on month in May, the Bank of Japan said on Tuesday. That follows the 0.7 percent monthly jump in April. On a yearly basis, producer prices were up 2.5 percent, easing from 2.7 percent in the previous month. The services producer price index was down 0.1 percent...
The Taiwan stock market has moved lower in two straight sessions, slumping almost 600 points or 2.8 percent along the way. The Taiwan Stock Exchange now sits just above the 22,810-point plateau and it\'s expected to open under pressure again on Tuesday. The global forecast for the Asian markets is mixed, with continued profit taking...
German stocks traded lower on Friday, bond yields dipped, and the euro declined after a preliminary survey showed the upturn in German business activity over the past two months slowed in June. The HCOB German flash composite PMI, compiled by S&P Global, slid to 50.6 from 52.4 in May as manufacturing remained mired in a...
French stocks declined on Friday as a survey showed France\'s private sector contracted the most in four months in June on renewed decrease in new orders due to uncertainty caused by a snap election paralyses business investment. The headline HCOB flash composite output index fell unexpectedly to 48.2 in June from 48.9 in May, according...
U.K. stocks fell slightly on Friday after the release of a mixed set of economic data. U.K. private sector growth eased to a seven-month low in June as a slowing of service sector growth offset a stronger performance in manufacturing. The S&P Global Composite PMI decreased to 51.70 from 53 points in May as some...