- Nichole Harper
- 17 Sep, 2014
- New York City
Stocks on Wall Street edged higher and reported measure of inflation declined for the first time in eighteen months. Home builder
- Nigel Thomas
- 17 Sep, 2014
- New York City
DS Smith climbed on positive outlook. Inditex net slipped 2% to
- Hiruki Nakamura
- 17 Sep, 2014
- New York City
Stocks in Japan closed lower for the second day and the Topix index declined for the first time after rising for six days in a row. China
- Marcus Jacob
- 17 Sep, 2014
- New York City
Australian market indexes declined for the sixth day in a row and losses were trimmed after China announced more capital infusion in banking system. Iron ore prices traded near six-year low and coal miners took another hit on the worries of import restrictions in China.
- Mukesh Buch
- 17 Sep, 2014
- New York City
Apollo Hospitals agreed to acquire pharmacy stores from Hetero Med Solutions for $24 million. Aurobindo Pharma received U.S. regulatory approval to market infection and stomach ulcer treatment generic drug. GMR Infra plans to raise Rs 1,500 crore through a rights offering.
- Nichole Harper
- 16 Sep, 2014
- New York City
Stocks on Wall Street advanced market indexes rebounded ahead of Fed policy statement tomorrow. The California Public Employees
- Mukesh Buch
- 16 Sep, 2014
- New York City
Apple said pre-orders for iPhone 6 and 6 Plus exceeded four million on first day. Analogic net declined 4% after revenue plunged 15%. FactSet Research net jumped 7% on 9% increase of revenue. Humana plans for $2 billion stock buyback.
- Nigel Thomas
- 16 Sep, 2014
- New York City
ASOS plunged after issuing third profit warning. Lafarge divested its Russia-based cement plant to Buzzi Unicem for
- Hiruki Nakamura
- 16 Sep, 2014
- New York City
Stocks in Tokyo closed lower after a three-day weekend and the Topix index fell from a six-year high. Tokyo Dome fell 3.6% after the baseball stadium operator said annual net income is likely to drop 38%. SoftBank gained after Alibaba lifted its IPO price range.
- Marcus Jacob
- 16 Sep, 2014
- New York City
Reserve Bank of Australia held out for possibility of weakening Aussie dollar and noted home prices remain elevated and appear to be driven by speculative demand. AngloGold Ashanti dropped its plan for splitting the company. Iron ore price rebounded 4% after a month long decline.
- Mukesh Buch
- 16 Sep, 2014
- New York City
Hindustan Unilever is in talk with Everstone Capital for investment in Modern Foods division. JSW Steel agreed to buy Italy-based Lucchini for $100 million. Mastek separated its insurance and service business into a new company. Central government of India approved the sale of 5% in ONGC.
- Mukesh Buch
- 15 Sep, 2014
- New York City
Cognizant Technology agreed to buy privately held TriZetto for $2.7 billion. Danaher agreed to acquire Switzerland-based Nobel Biocare Holding for $2.2 billion. Microsoft agreed to acquire Sweden-based Mojang for $2.5 billion.
- Nigel Thomas
- 15 Sep, 2014
- New York City
Aker Solutions won five-year contract from Petrobras for $465 million. Hannover estimated net profit for the year of
- Nichole Harper
- 15 Sep, 2014
- New York City
Stocks on Wall Street extended previous week losses after industrial production declined in August. Microsoft agreed to acquire game developer Mojang AB for $2.5 billion. Cognizant agreed to acquire healthcare IT services provider Trizetto for $2.7 billion.
- Marcus Jacob
- 15 Sep, 2014
- New York City
Australian market indexes traded lower after iron price remained weak and the China fuelled resource boom continued to weaken. Industrial production growth in Chia in August slowed. Australian dollar closed below 90 U.S. cents for the first time in six months.