Search
  • Mukesh Buch
  • 22 Dec, 2014
  • New York City

Bajaj Auto secured an order for 1,25,000 motorcycles from Sri Lanka. BHEL secured acontract worth

  • Nichole Harper
  • 19 Dec, 2014
  • New York City

Stocks were steady after the last two-day surge of 4.5% in market indexes on Wall Street. Oil price rebounded 3% and gold edged up. Russian ruble rose to level below 60 against one dollar and European markets closed higher as Greece prepares for snap election.

  • Hiruki Nakamura
  • 19 Dec, 2014
  • New York City

Market indexes in Japan closed up 2.4% and for the week, the Nikkei index gained 1.4%. The yen resumed its downward decline and flirted with 120 mark against one dollar.

  • Mukesh Buch
  • 19 Dec, 2014
  • New York City

BlackBerry net loss narrowed despite a plunge of 33% in revenues. CarMax net climbed 22% on 16% increase in revenues. Cintas profit surged 42%. Finish Line tumbled 19% despite higher profit and net sales. Paychex net jumped 9%. Red Hat net declined 8% but revenues soared 15%.

  • Marcus Jacob
  • 19 Dec, 2014
  • New York City

Australian market indexes soared 2.5% and the Aussie traded near its recent years low. For the week, the ASX index gained 2%. CBG Capital and Catapult Group completed public offerings. Santos canceled its euro denominated offering and arranged $1 billion bank loan.

  • Nigel Thomas
  • 19 Dec, 2014
  • New York City

Atos agreed to acquire Xerox

  • Mukesh Buch
  • 19 Dec, 2014
  • New York City

IVRCL sold its stake in Chennai desalination plant worth Rs 110 crore to Dubai-based Utico FZC. Jyoti Structures won several domestic and export contracts. Jindal Steel raised Rs 1,000 crore through debenture. Petron Eng won twin orders worth Rs 24 crore.

  • Nichole Harper
  • 18 Dec, 2014
  • New York City

Stock markets around the world extended gains for the second day in a row after the Fed showed a patient approach to the rate increase and lowered inflation and jobless estimates. European markets soared between 2% and 3%. Gold and oil traded with downward bias.

  • Mukesh Buch
  • 18 Dec, 2014
  • New York City

Accenture net soared 11% on 7% increase in revenues. Actuant net declined 31%. ACE agreed to acquire the U.S.-based Fireman''''s Fund from Allianz SE for $365 million. ConAgra profit tumbled 96% and sales dropped 2%. Rite Aid net surged 47%. Scholastic net soared 18%.

  • Nigel Thomas
  • 18 Dec, 2014
  • New York City

Fortune Oil agreed to acquire by Fortune Dynasty Holdings for

  • Marcus Jacob
  • 18 Dec, 2014
  • New York City

Stocks in Australia closed higher following a rebound in Asian markets after the U.S. Fed left its key rate unchanged showed patience towards rate hike in 2015. Lovisa Holdings completed its $2 a share initial public offering and said annual sales rose 30%.

  • Hiruki Nakamura
  • 18 Dec, 2014
  • New York City

Stocks in Japan shot up following a surge in U.S. market indexes after the Fed appeared to be in no hurry to advance rate hike schedule in 2015. Adventure, the online air ticket site operator, soared 87% on debut. Dairei Co and Gumi closed below initial public offering prices.

  • Mukesh Buch
  • 17 Dec, 2014
  • New York City

FedEx net soared 23% on 5% increase in revenues. General Mills net declined 37%. Herman Miller net swung to profit. Jabil Circuit profit tumbled 39% despite revenues climbed 5%. Oracle net dropped 2%.Worthington Ind net jumped 28%.

  • Nigel Thomas
  • 17 Dec, 2014
  • New York City

Dixons Carphone net loss widened despite revenues surged nearly three-fold. Evraz delayed initial public offering of its North American unit.

  • Mukesh Buch
  • 18 Dec, 2014
  • New York City

Godrej Ind sold stake in Godrej Properties and raised Rs 75 crore. IOCL started refinery of 15 million metric ton per year capacity in Odisha. L&T and Canada Pension Plan Investment Board invested Rs 1,000 crore in subsidiary of L&T.