- Mukesh Buch
- 29 Sep, 2014
- New York City
AMAG Pharma agreed to buy privately held healthcare company Lumara for $675 million. Cal-Maine net surged. DreamWorks surged after Softbank offered $3.4 billion. Encana agreed to acquire Texas-based oil group for $6 billion. NiSource spins off gas pipelines business.
- Nigel Thomas
- 29 Sep, 2014
- New York City
Balfour Beatty again lowered profit forecast by
- Marcus Jacob
- 29 Sep, 2014
- New York City
Australian stocks extended five-week long losses and the Aussie dollar dropped to an eight-week low. Banks led the decliners after Reserve Bank of Australia signalled more scrutiny for home loans. Treasury Wine Estates ended talks to sell the company.
- Mukesh Buch
- 29 Sep, 2014
- New York City
MAN Industries secured orders worth about Rs 550 crore. Mahindra Holidays plans to invest up to Rs. 500 crore for expansion. NTPC received syndicated loan of $250 million. Valecha Engineering divested its three road assets worth Rs 309 crore.
- Nichole Harper
- 26 Sep, 2014
- New York City
U.S. stocks rebounded a day after indexes dropped the most in three months. Bond market turned volatile after William Gross resigned from Pimco, the firm he helped to build. World markets traded volatile after commodities dropped to new multi-year lows.
- Mukesh Buch
- 26 Sep, 2014
- New York City
BlackBerry net loss narrowed despite revenue declined 42%. Finish Line net slid 1% but sales climbed 7%. Micron Technology net soared 43%. Nike net surged 23%. Thor net jumped 6% and sales climbed 14%.
- Nigel Thomas
- 26 Sep, 2014
- New York City
Asian Citrus Holdings net swung to a loss of
- Hiruki Nakamura
- 26 Sep, 2014
- New York City
Stocks in Tokyo closed lower a day after most shares trade ex-dividend. For the week, the Nikkei advanced 1.8% and inflation in Japan slowed in August. The yen traded near 109 against one dollar. Fanuc lifted its annual profit estimate.
- Marcus Jacob
- 26 Sep, 2014
- New York City
Australian indexes declined in the week and extended losses for the fifth week in a row. The Aussie dollar dropped again and ASX 200 index dipped to a negative territory. Four largest bank suffered selloff and Westpac lost 4% in the week.
- Mukesh Buch
- 26 Sep, 2014
- New York City
Emami agreed to acquire Rasoi Ltd. India Cements board approved Chennai Super Kings spinoff. JSW Energy enters talks to acquire three hydropower projects from Jaiprakash Power. Reliance Jio borrowed $750 million from Korea Exim Bank.
- Mukesh Buch
- 25 Sep, 2014
- New York City
HB Fuller net tumbled 86% but revenue rose 2%. Jabil Circuit net swung to a loss on 9% decline of revenue. Omnova Solutions net plunged 80%. Scholastic net loss widened while revenue jumped 3%. Worthington net plummeted 19% but sales climbed 25%.
- Nichole Harper
- 25 Sep, 2014
- New York City
Market indexes dropped more than 1% on Wall Street after durable goods orders plunged in August. Apple stock declined for the second day in a row after glitches in new phone and operating system were highlighted. Crude oil, gold and copper extend weekly losses.
- Nigel Thomas
- 25 Sep, 2014
- New York City
Direct Line agreed to sell its international business for
- Hiruki Nakamura
- 25 Sep, 2014
- New York City
The yen declined to a new six-year low and lifted market indexes to a new six-year high after investors increase stock exposure ahead of dividends. The yen closed at 109.25 against one dollar and the Nikkei Average gained 1.3%.
- Marcus Jacob
- 25 Sep, 2014
- New York City
Australian banks led the latest decline in stocks after the Aussie dollar dropped to the yearly low on the unwinding of yield-trade. Australia is facing weakening commodities prices, falling Aussie dollar and the exit of international investors.