- Mukesh Buch
- 16 Jul, 2014
- New York City
Abbott net fell 2% but sales rose 2%. Bank of America net plunged 43% after litigation expenses. BlackRock net jumped 11%. Charles Schwab net surged 27%. Intel profit climbed 40%. Time Warner rejected $80 billion takeover offer. Yahoo profit tumbled.
- Nigel Thomas
- 16 Jul, 2014
- New York City
Gtech agreed to acquire International Game Technology for $6.4 billion in cash. Husqvarna net climbed 48% to 975 million kronor. Meggitt surged on takeover bid for about
- Mukesh Buch
- 16 Jul, 2014
- New York City
Bajaj Finance profit and revenues climbed. Bharti Airtel sold its Beetel Teletech to the U.S.-based Brightstar. Federal Bank net surged 108%. Kotak Mahindra Bank net jumped 7%.
- Mukesh Buch
- 15 Jul, 2014
- New York City
Albemarle agreed to acquire Rockwood Holdings for $6.2 billion. Comerica net rose 5%. Goldman Sachs profit climbed 5%. Johnson & Johnson lifted earnings outlook. JPMorgan net declined 8%. Reynolds American buys Lorillard for about $27.4 billion.
- Nichole Harper
- 15 Jul, 2014
- New York City
U.S. market indexes traded sideways and investors worried on rising valuations. Fed Chair Janet Yellen suggested economy still needs monetary support but did not offer a timetable for interest rate increase. Reynolds America and Lorillard revealed merger details.
- Nigel Thomas
- 15 Jul, 2014
- New York City
Airbus signed major orders for A320 Family aircraft at the Farnborough International Airshow 2014. Bwin.party Digital revenue climbed 44% to
- Hiruki Nakamura
- 15 Jul, 2014
- New York City
Investors focused on latest earnings announcements and market indexes in Japan rose for the second day in a row. Matsuya Co, the department-store operator swung to a quarterly profit. Maezawa Industries soared 27% on annual earnings outlook.
- Marcus Jacob
- 15 Jul, 2014
- New York City
Australian stocks closed unchanged and weak bank stocks cut early market indexes advance. Aussie dollar traded below 94 U.S. cents. Coles supermarket entered in a joint venture with GE Capital to sell personal financial products. OZ Minerals lifted its annual production outlook.
- Mukesh Buch
- 15 Jul, 2014
- New York City
DCB Bank net jumped 5% on 35% increase in revenue. L&T secured an order worth $846 million from Kuwait. NIIT net declined 19%. Sadbhav Engineering received a work order worth Rs 550 crore from a mining company in Rajasthan state. Tata Sponge profit surged 145%.
- Marcus Jacob
- 14 Jul, 2014
- New York City
Australian indexes advanced in thin trading dominated by small cap stocks. Aussie dollar held firm and investors turned optimistic ahead of earnings season this week. Shareholders approved David Jones merger with South Africa based Woolworths Holdings.
- Mukesh Buch
- 14 Jul, 2014
- New York City
Aecom Technology agreed to buy URS Corp for $4 billion. Citigroup net tumbled 96% and agreed to pay $7 billion to settles mortgage securities related charges. Mylan is in talks to acquire non-U.S. drugs portfolio of Abbott for about $5.3 billion.
- Hiruki Nakamura
- 14 Jul, 2014
- New York City
Stocks in Tokyo rebounded after a week of sharp losses and industrial output jumped in May. Softbank entered into a preliminary agreement to acquire U.S. based wireless carrier T-Mobile.
- Nigel Thomas
- 14 Jul, 2014
- New York City
Shire received revised offer from the AbbVie of
- Mukesh Buch
- 14 Jul, 2014
- New York City
Polaris Financial gained after Orbitech sold 6,16,400 shares at Rs 226.93. Titan closed its two gold deposit schemes and expected to record sales in August. Tata Power seek shareholders approval to raise Rs 7,000 crore. Unichem Lab net declined but revenue jumped.
- Bikram Pandey
- 11 Jul, 2014
- New York City
Lorillard and Reynolds America confirmed merger talks and if successful the combined company will have $56 billion of worth. If consummated, the merger will combine the second- and third-largest tobacco makers.