- Nigel Thomas
- 05 Sep, 2014
- New York City
Emis profit jumped 6% to
- Nichole Harper
- 05 Sep, 2014
- New York City
Stocks on Wall Street declined after August payroll data was lower than expected and unemployment rate declined to 6.1% from 6.2%. Family Dollar rejected revised bid by Dollar General. Tesla Motors selected Nevada for its $5 billion lithium battery plant.
- Devan Biswas
- 05 Sep, 2014
- New York City
U.S. employers, government and private, added 142,000 jobs in August, a surprise decline after adding average more than 200,000 jobs every month for six months in a row, the Labor Department said today.
- Mukesh Buch
- 05 Sep, 2014
- New York City
JSW Steel crude steel production in August surged 13%. Infosys was selected by the BP Plc to software provide application support and development. L&T won order worth Rs 5,100 crore from the Madhya Pradesh. Tech Mahindra secured contract from Bombardier.
- Hiruki Nakamura
- 05 Sep, 2014
- New York City
Japanese stocks closed lower and the reference index Topix struggled to wipe out losses of the year as the yen dropped to a four-year low. Finance Minister Taro Aso said a back plan for stimulus will be prepared to smooth over the April sales tax increase.
- Marcus Jacob
- 05 Sep, 2014
- New York City
Australian stocks extended weekly losses as iron ore prices hit five-year low and thermal coal drops to a four-year low. Sustained decline in Chinese property market is causing several traders to liquidate inventories in Shanghai. Smaller Australian mining companies are struggling to contain costs.
- Nichole Harper
- 04 Sep, 2014
- New York City
Market indexes in New York and across Europe traded higher after the European Central Bank unexpectedly cut interest rate and signaled willingness to purchase
- Mukesh Buch
- 04 Sep, 2014
- New York City
Ciena net swung to profit on 12% revenue increase. Joy Global net tumbled 61% and sales plunged 34%. Mattress Firm net rose and agreed to acquire private rival Sleep Train chain for $425 million. PVH net swung to profit. UTi Worldwide soared despite loss widened.
- Hiruki Nakamura
- 04 Sep, 2014
- New York City
Stocks in Japan eased and the yen pared gains after the Bank of Japan reaffirmed its pledge to expand monetary base at an annual pace between $600 billion and $700 billion. Expectations of GPIF overhaul increased after the appointment of reform minded Shiozaki as the new minister.
- Nigel Thomas
- 04 Sep, 2014
- New York City
Bilfinger plunged after revised lowered outlook for third time in three months. Go-Ahead profit surged 55% to
- Marcus Jacob
- 04 Sep, 2014
- New York City
Australian indexes declined nearly 0.5% and the Aussie dollar eased despite a positive retail sales report. Trade deficit in July shrank more than expected to $1.36 billion and retail sales in the month rose 0.4%, ahead of expectations.
- Mukesh Buch
- 04 Sep, 2014
- New York City
Balkrishna Ind net jumped 13% and net sales surged 17%. DCM net swung to a loss but revenue climbed 8%. Mysore Paper Mills dropped after net loss widened. Punjab National Bank raised Rs 500 crore through a bond offering. United Spirits fell after net swung to a big loss.
- Mukesh Buch
- 03 Sep, 2014
- New York City
Compuware to acquired Thoma Bravo for $2.5 billion. CVS Caremark stops selling cigarettes from today. Chrysler leads U.S. auto sales in August with the surge of 20%, Ford sales rose 0.4% and GM sales fell 1%. Toyota sales jumped 6%.
- Nichole Harper
- 03 Sep, 2014
- New York City
Stocks in New York and in Europe traded higher after Russia and Ukraine sought to end violence. The apparent agreement is expected to find a political settlement with the leaders of eastern Ukraine and end violence. U.S. auto sales surged led by 20% sales increase at Chrysler.
- Nigel Thomas
- 03 Sep, 2014
- New York City
Ashtead Group profit surged 23% to