- Hiruki Nakamura
- 26 Nov, 2014
- New York City
Topix index in Tokyo edged lower after advancing for five days in a row. Tokyo Stock Exchange abandoned its plan to increase or add trading hours after resistance from brokerage firms. Inpex, Japan Petroleum Exploration and Taiyo Nippon Sanso dropped after oil dropped to a four-year low.
- Marcus Jacob
- 26 Nov, 2014
- New York City
Australian market indexes rebounded in thin trading and the Aussie dollar declined. Crude oil dropped 2% and fell near $74 a barrel in Asia and Sydney trading.
- Mukesh Buch
- 26 Nov, 2014
- New York City
Analog Devices net plunged 46% despite revenues increase of 20%. Books-A-Million net loss was flat on revenues increase of 1%. Ctrip.com net declined 42%. Deere profit tumbled 20% on 5% decrease in revenues. Hewlett-Packard net declined 6%. Veeva Systems net surged 36%.
- Nigel Thomas
- 26 Nov, 2014
- New York City
Daejan net climbed 50% to
- Mukesh Buch
- 26 Nov, 2014
- New York City
GMR Infrastructure issued lowest bidder for freight corridor project worth Rs 5,080 crore. FTIL agreed to sell its 5% stake in MCX. MRF and Siemens quarterly net surged. Nippon Life Insurance agreed to raise its stake from 26% to 49% in Reliance Capital Asset Management.
- Nichole Harper
- 25 Nov, 2014
- New York City
September quarter economic growth in the U.S. was increased to annual rate of 3.9% from the previous estimate of 3.5% on higher spending by consumer and businesses. German economy expanded at 0.1% in the third quarter and European markets closed at a 2-month high.
- Mukesh Buch
- 25 Nov, 2014
- New York City
Campbell Soup net surged 36%. Cracker Barrel profit climbed 25% after comparable store sales jumped 6% and the restaurant operator lifted annual outlook. Pall Corp net soared 24%. Tiffany net tumbled 60% despite revenues and comparable sales rose. Valspar net soared 70%. Workday net loss widened.
- Marcus Jacob
- 25 Nov, 2014
- New York City
Medibank Private completed initial public offering and raised $5.9 billion. Stocks in Sydney traded lower after iron ore, gold and crude oil prices edged lower. Brickworks Limited said fiscal first quarter revenues rose 14%.
- Nigel Thomas
- 25 Nov, 2014
- New York City
Caledonia Investments net jumped 170% to
- Mukesh Buch
- 25 Nov, 2014
- New York City
Ashok Leyland divested 32% stake in its subsidiary Hinduja Tech. Amtek Auto plans to acquire three foreign companies. Bharti Airtel agreed to sell 4,800 telecom towers in Nigeria for $1 billion. Rcom plans to raise $255 million to refinance overseas loans.
- Nichole Harper
- 24 Nov, 2014
- New York City
U.S. and European market indexes advanced and built on gains of last week. Crude oil, gold and copper traded with a negative bias. Markets in Europe gained after a private survey showed improved business climate in Germany.
- Mukesh Buch
- 24 Nov, 2014
- New York City
BioMarin Pharma agreed to acquire Prosensa Holding for $840 million. Navios Maritime net loss widened. RenaissanceRe Holdings agreed to buy rival Platinum Underwriters for about $1.9 billion. Visa expected to pay $10 billion to acquire the London-based Visa Europe.
- Marcus Jacob
- 24 Nov, 2014
- New York City
Australian indexes soared more than 1% after China unexpectedly lowered interest rate. Resource companies led the market advance and BHP said it is on track to complete the company split in the first-half of 2015. ALS Limited, the mineral testing company, reported better-than-expected profit.
- Marcus Jacob
- 24 Nov, 2014
- New York City
Adani Power to acquired Korba West Power for Rs 4,200 crore. Astral Poly Tech acquired 76% stake in Resinova. Indiabulls emerged as the highest bidder for land parcel of Voltas for Rs 236 crore or $40 million. Patel Engineering quarterly net fell 67%.