- Nichole Harper
- 20 Jun, 2014
- New York City
U.S. stocks advanced and S&P 500 index gained traded at a new peak. Market indexes are set to gain for the fourth week in the last five as investors bid up cyclical stocks after the Fed announcement.
- Nigel Thomas
- 20 Jun, 2014
- New York City
Debenhams launched
- Hiruki Nakamura
- 20 Jun, 2014
- New York City
Market indexes in Tokyo edged lower on Friday but extended gains for the fifth week in a row. The yen closed below 102 mark against the U.S. dollar. Mitsubishi Heavy and Siemens revised their combined bid to $19.9 billion for Alstom
- Marcus Jacob
- 20 Jun, 2014
- New York City
Australian market indexes dropped and closed at the low in the session but precious metals linked stocks gained after gold jumped 3%, the largest one-day gain in the year. Mantra Group, second largest hotel and resort group in Australia closed up 4% on first day of trading.
- Mukesh Buch
- 20 Jun, 2014
- New York City
Cairn India plans to invest $200 million in Rajasthan. Indiabulls buys property worth
- Mukesh Buch
- 19 Jun, 2014
- New York City
BlackBerry net swung to profit. Clarcor net jumped 5%. IHS profit and revenue surged. Kroger net advanced 4.2% on 10% rise in sales. Rite Aid net plunged 54%. Red Hat dropped 7% but revenue soared 17%.
- Nigel Thomas
- 19 Jun, 2014
- New York City
Balfour Beatty secured a
- Nichole Harper
- 19 Jun, 2014
- New York City
U.S. weekly jobless claims at the end of last week hovered near a seven-year low. European and Asian markets advanced after U.S. policy makers estimated rates to remain low for at least another two years. Oil traded at elevated level and gold gained.
- Hiruki Nakamura
- 19 Jun, 2014
- New York City
Market indexes in Japan rose following a rally in Asian markets after the U.S. policy makers issued a dovish interest rate outlook. Nikkei index gained 1.6% and yen strengthened to 101.78 against one dollar. Tokai Tokyo Financial and Nissan Chemical advanced on earnings reports.
- Marcus Jacob
- 19 Jun, 2014
- New York City
Australian market indexes opened higher and closed up 1.6% after iron ore prices recovered to above $90 a ton. Weak interest rate outlook in the U.S. for the next two years also lifted market sentiment. Ten Network dropped on weak revenue outlook.
- Mukesh Buch
- 19 Jun, 2014
- New York City
Crompton Greaves put up a part of its land parcel of Mumbai for sale. EIL signed a contract with Nigeria based company worth $139 million. United Spirits plunged after Diageo
- Nichole Harper
- 18 Jun, 2014
- New York City
Stocks on Wall Street turned higher after Fed trimmed its bond buying program for the fifth meeting in a row and cited improving labor market conditions and business spending. Fed also raised its estimate of rates for the next two years.
- Hiruki Nakamura
- 18 Jun, 2014
- New York City
Stocks in Tokyo close higher and market indexes gained and yen trading was in focus after investors sought the safety in currency on the rising tensions in Iraq. Kobe Steel forecasted a return profitability in the current year. Seven & I plan to expand to Dubai in 2015.
- Mukesh Buch
- 18 Jun, 2014
- New York City
Actuant net swung to profit on 10% increase in sales. Adobe profit soared 16%. Air Products won a five-year contract from NASA. ConAgra CEO sold 50,000 shares on Monday. FedEx net more than doubled. JTH Holding net climbed 14%. La-Z-Boy profit declined 74%.
- Nigel Thomas
- 18 Jun, 2014
- New York City
Berkeley Group profit surged 40% to