- Marcus Jacob
- 03 Sep, 2014
- New York City
Australian economic growth in June quarter slowed to an increase of 0.5% from the previous quarter and rose 3.1% from a year ago. Service industry growth continued to slow in August and iron ore price declined to a two-year low.
- Hiruki Nakamura
- 03 Sep, 2014
- New York City
Nikkei index in Tokyo gained for the third day in a row and increased to a high not seen since January and the yen declined to an eight month low. Prime Minister Shinzo Abe is expected to shakeup cabinet and appoint a reform minded minister that may lead to overhaul of GPIF.
- Mukesh Buch
- 03 Sep, 2014
- New York City
Eicher Motors August sales climbed 66%. Era Infra Engineering secured construction contract from Airport Authority of India. Elder Pharma net surged but revenue declined 33%. NMDC production and sales climbed.
- Nichole Harper
- 02 Sep, 2014
- New York City
Stocks across Atlantic paused the advance after war of words escalated between Russian president Vladimir V Putin and European leaders ahead of NATO summit on Thursday.
- Mukesh Buch
- 02 Sep, 2014
- New York City
1-800-Flowers plans to acquire Harry & David Holdings for $143 million. Dollar General raised its bid for Family Dollar to $9.1 billion. Halliburton agreed to settle Macondo well incident in $1.1 billion. Norwegian Cruise Line agreed to acquire Prestige Cruises for $3 billion.
- Hiruki Nakamura
- 02 Sep, 2014
- New York City
Stocks in Tokyo traded higher and the yen declined for the third day in a row and traded near 105 mark against the dollar. Honda said August sales in China declined 5.5% and Nissan sales in the month edged down 0.7%.
- Nigel Thomas
- 02 Sep, 2014
- New York City
Telefonica plans to sell its stake in Telecom Italia and acquire broad band unit in Brazil controlled by France bases Vivendi. Johnson Service net swung to profit after revenue jumped 6%. Redrow profit surged 93% to
- Marcus Jacob
- 02 Sep, 2014
- New York City
Reserve Bank of Australia held interest rate at the level maintained since thirteen months and estimated low interest rates until next year. Australian current account deficit soared to $13.7 billion in June quarter and building approvals increased 2.5% in July on a monthly basis.
- Mukesh Buch
- 02 Sep, 2014
- New York City
Bajaj Auto August sales climbed 8% and Hero Motocorp sales surged 21%. SPML Infra secured new orders worth Rs 1,232.30 crore. Tata Motors domestic vehicle sales and export declined. TVS Motor sales soared 46%.
- Nigel Thomas
- 01 Sep, 2014
- New York City
Barclays agreed to sell its UAE retail banking business CaixaBank agreed to acquire Spanish operations for
- Hiruki Nakamura
- 01 Sep, 2014
- New York City
Stocks in Japan closed lower and the Topix declined 0.6% in the week and fell 0.9% in August. The yen slipped. Unemployment rate in July increased to 3.8%, core consumer price index was unchanged at 3.3% and industrial production declined 0.2%.
- Marcus Jacob
- 01 Sep, 2014
- New York City
Australian market indexes closed higher on the first day of September and manufacturing sector index contracted in August and corporate profits plunged nearly 7% in June quarter.
- Mukesh Buch
- 01 Sep, 2014
- New York City
Maruti Suzuki sales in August surged 27% on 29% domestic sales increase. Mahindra & Mahindra August tractor sales jumped 6% but auto sales continue to struggle with weak product line up and lack of customer incentives.
- Mukesh Buch
- 29 Aug, 2014
- New York City
Big Lots net and sales rose 1.7%. Fred''''s net swung to a loss on weak sales data. OmniVision profit surged after revenue climbed 9%. Net 1 UEPS net soared on 55% increase of revenue. Signet Jewelers net declined 14%.
- Nichole Harper
- 29 Aug, 2014
- New York City
U.S. market indexes are set to advance in the week and in August and European markets declined and the ruble declined to a record low as the Ukraine conflict escalated. U.S. consumer sentiment in August increased to a seven-year high.