Shares of Sensata Technologies Holding NV (NYSE:
ST) gained about 0.4% after the company announced that some of its units will buy Sensor-NITE Group Companies from Elex Group for euro 225 million or around $325 million. Sensata reported that the deal should close in the third quarter, subject to conditions including regulatory clearances.
Shares of Tata Motors Ltd (NYSE:
TTMJSAIY) reported a 7.3% surge in total sales for the first quarter on Wednesday. Sainsbury's total sales rose 4.3% excluding fuel for the first quarter ended June 11. On a comparable basis, Sainsbury's sales increased 4.8% and 1.9% excluding fuel.
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