- Mukesh Buch
- 25 Jun, 2014
- New York City
DCM Shriram sold its textile spinning mill in Rajasthan. Indian Hotels plans to raise Rs 1,000 crore through a convertible debenture issue. Parsvnath Developers expects to raise $168 million through land sales.
- Marcus Jacob
- 25 Jun, 2014
- New York City
Australian market indexes traded lower and the Aussie dollar eased. Trading volume picked up after banks and resources stocks led the most actively traded stocks. Lend Lease estimated full-year profit to jump 45%. Treasury Wine Estates plans to write-down $260 million in assets.
- Mukesh Buch
- 24 Jun, 2014
- New York City
Abbott agreed to acquire Russia-based Veropharm for $495 million. Carnival net jumped 159%. KKR acquired one-third stake in Acciona for $567 million. Micron Technology profit surged. Sonic net jumped 14%. Walgreen net soared 16%.
- Nichole Harper
- 24 Jun, 2014
- New York City
U.S. stocks traded higher on a strength in tech and biotech stocks. New home sales surged 18.6%, second monthly increase following two months of decline and seasonally adjusted annual rate rose to the highest since May 2008.
- Nigel Thomas
- 24 Jun, 2014
- New York City
Altice issued 17.9 million shares to raise
- Hiruki Nakamura
- 24 Jun, 2014
- New York City
Stocks in Tokyo closed higher and the yen traded below 102 mark against the dollar. Investors focused on the fiscal second-half and expectations rose of earnings revisions led by exporters and retailers. Mitsui Fudosan began its $3 billion equity offering today.
- Marcus Jacob
- 24 Jun, 2014
- New York City
Australian indexes edged lower on the weakness in banks and resource stocks failed to build on early gains in the day. Australian dollar closed above 94 cents. Country Road surged on a conditional offer from South Africa based Woolworths.
- Mukesh Buch
- 24 Jun, 2014
- New York City
Adani Ports acquired Dhamra Port. IRB Infrastructure secured a road project worth Rs 2,300 crore in Haryana. Power Grid Corp plans to invest more than Rs 5,500 crore in Chhattisgarh.
- Mukesh Buch
- 23 Jun, 2014
- New York City
Coach lowered its outlook. Ennis net dropped 6%. Harbinger intends to acquire Central Garden & Pet for $750 million. Oracle plans to buy Micros Systems worth $5.3 billion. Wisconsin Energy acquired Integrys Energy for $5.8 billion.
- Nigel Thomas
- 23 Jun, 2014
- New York City
GE won a bidding war with Siemens to acquire Alstom energy business for $17 billion. Banco Santander agreed to acquire consumer finance business of GE Capital for
- Nichole Harper
- 23 Jun, 2014
- New York City
Stocks on Wall Street traded lower after oil advanced on rising supplies disruptions worries in Iraq. European markets dropped on weak manufacturing data. General Electric won the bidding war for the energy business of Alstom SA. Oracle agreed to acquire Micros Systems.
- Hiruki Nakamura
- 23 Jun, 2014
- New York City
Nikkei 225 Stock Average gained as resource stocks advanced and telecom stocks declined. Casino equipment stocks fell. Mitsubishi Heavy Industries and Siemens failed to win energy business of Alstom SA.
- Marcus Jacob
- 23 Jun, 2014
- New York City
Australian market indexes closed higher in active trading following better than expected manufacturing data in China. Wholesaler and distributor Metcash reported 18% decline in annual profit. Gas utility Envestra Ltd forecasted annual earnings at the upper end of the outlook.
- Mukesh Buch
- 23 Jun, 2014
- New York City
AstraZeneca rose after shareholders approved delisting and Essar Oil also delisted its stock from exchanges. Bharti Airtel signed a network agreement in Mumbai with Loop Mobile. Gammon Infra to raise up to $83 million. Ramky Infra net swung to a loss.
- Mukesh Buch
- 20 Jun, 2014
- New York City
CarMax net and revenue climbed. Darden Restaurants profit plunged 35%. Oracle net dropped 4% but revenue rose 3%. Tibco Software net tumbled 82%.