- Marcus Jacob
- 27 Aug, 2014
- New York City
Australian stocks closed higher and June quarter total construction declined 1.2% on a quarterly basis. Telstra Corp and Woodside Petroleum traded ex-dividend. Worley Parsons annual net dropped 23% and engineering contractor announced job cut of 1,700.
- Mukesh Buch
- 27 Aug, 2014
- New York City
Canara Bank dropped after announcing a stock split for 5-for-1. Supreme Court ordered DLF to pay Rs 630 crore within three months. Infosys maintained revenue growth for the year. SBI reduced its home loan by 0.15%. Venus Remedies in a partnership with Teva.
- Nichole Harper
- 26 Aug, 2014
- New York City
Burger King Worldwide Inc agreed to acquire Tim Hortons Inc for C$12.5 billion or $11.4 billion in a deal partly financed by Warren Buffett
- Nichole Harper
- 26 Aug, 2014
- New York City
Stocks on Wall Street rose after durable goods soared in July and consumer confidence index jumped to the most since October 2007. Burger King agreed to acquire Tim Hortons for $11 billion in a deal financed by Warren Buffett.
- Mukesh Buch
- 26 Aug, 2014
- New York City
Best Buy net tumbled 45%. Bank of Montreal net was flat despite revenue jumped. DSW net rose 2%. Daktronics net climbed on 20% increase of revenue. Movado net slipped but revenue grew. Sanderson Farms profit jumped 12%. Tech Data net more than doubled.
- Nigel Thomas
- 26 Aug, 2014
- New York City
Antofagasta net plunged 16% after revenue declined 4%. Petrofac profit tumbled 44% and revenue plunged 11% but backlog surged 35% to $20 billion. Regus declined 5% to
- Hiruki Nakamura
- 26 Aug, 2014
- New York City
The Topix and Nikkei indexes in Tokyo declined and the yen eased after rising for two weeks in a row. Nikkei slipped 0.6% and the Topix eased 0.5%. E-Seikatsu, the cloud services provider said quarterly net surged.
- Marcus Jacob
- 26 Aug, 2014
- New York City
Australian market indexes trimmed losses and weaker commodities prices dragged resource stocks for the second day in a row. Investors awaited the release of capital expenditure data tomorrow after March quarter spending decreased 4.2%.
- Mukesh Buch
- 26 Aug, 2014
- New York City
Havells India surged after announcing a stock split for 1-for-5. L&T signed a contract in Bangladesh for Rs 1,210 crore. Suzlon Energy plans to raise Rs 4,000 crore through the foreign currency convertible bonds. Shree Cement net dropped. Tech Mahindra gained on higher outlook.
- Nigel Thomas
- 25 Aug, 2014
- New York City
Atlas Mara agreed to acquire 50.1% controlling stake in the Africa based BancABC. London Stock Exchange profit surged 64% to
- Mukesh Buch
- 25 Aug, 2014
- New York City
Ann Inc soared 6% on takeover speculation. Burger King is in talks to acquire Canada-based doughnut-and-coffee chain Tim Hortons. Goldman Sachs agreed to settle mortgage-backed securities in $1.2 billion. Roche agreed to acquire InterMune Inc for $8.3 billion in cash.
- Nichole Harper
- 25 Aug, 2014
- New York City
U.S. market indexes traded higher and European markets advanced. ECB President Mario Draghi signalled willingness to announce more monetary steps to revive economic growth in the euro zone. The euro traded lower and French government collapsed.
- Mukesh Buch
- 25 Aug, 2014
- New York City
Alstom T&D India secured a contract worth
- Devan Biswas
- 25 Aug, 2014
- New York City
Burger King Worldwide Inc., the second largest U.S. fast food chain, is in talks to acquire Canada based Tim Hortons Inc and move its headquarters to Canada and take advantage of lower-tax country.
- Nigel Thomas
- 25 Aug, 2014
- New York City
European markets closed higher after European Central Bank President Mario Draghi signalled more quantitative easing steps and France overhauled cabinet after the government collapsed.