- Mukesh Buch
- 29 May, 2014
- New York City
The U.S. gross domestic product in the first three months on 2014 declined at 1% annual compared to first estimate of 0.1% increase, the Commerce Department reported today.
- Hiruki Nakamura
- 29 May, 2014
- New York City
The Nikkei Stocks Average gained in thin trading and the yen held firm below 102 against the U.S. dollar. April retail sales plunged 13.7%, after the announced sales tax increase brought forward sales in March. Mitsubishi UFJ agreed to acquire Bermuda based hedge fund administrator.
- Marcus Jacob
- 29 May, 2014
- New York City
Australian market indexes closed lower and investors turned cautious after spot iron ore price dropped below $97 a ton. Australian private capital expenditure declined 4.2% and new home sales in April increased 2.9%.
- Mukesh Buch
- 29 May, 2014
- New York City
BPCL net declined 15% and IOC net plunged 35% despite higher government subsidies. Bajaj Electricals net swung to a loss. Coal India net plunged. Hero Motocorp profit slipped. Hindalco net declined 48%. NALCO profit dropped 30%.
- Mukesh Buch
- 28 May, 2014
- New York City
DSW plunged on weak quarterly results. Toll Brothers quarterly net surged nearly three-fold. Valeant lifted takeover offer for Allergan and sold its skin care products right to Nestle for $1.4 billion in cash. Workday net loss widened.
- Nichole Harper
- 28 May, 2014
- New York City
U.S. stocks traded near flat line and investors looked ahead to GDP report tomorrow. Valeant lifted its offer for Allergan to $50 billion and increased cash portion. German unemployment increased for the first time in six months in May.
- Nigel Thomas
- 28 May, 2014
- New York City
De La Rue profit climbed 25% to
- Hiruki Nakamura
- 28 May, 2014
- New York City
Nikkei in Tokyo advanced and the year traded near 2-month high and construction companies were in focus on the expectations of city development tax incentives. Senko Co said annual sales and net income rose.
- Marcus Jacob
- 28 May, 2014
- New York City
Australian market indexes closed at six-year highs on the strength in banks. Precious metal miners declined after spot gold price dropped 2% to a three-month low. Qantas plans to eliminate 450 call centre jobs in Australia.
- Mukesh Buch
- 28 May, 2014
- New York City
Apollo Hospitals net jumped 7%. Havells India profit climbed 25%. Hawkins net soared. JSW Steel net surged 63%. Jet Airways net loss widened. Oil India net and sales plunged. SAIL profit edged up. SCI surged after net swung to profit. Thermax profit dropped 8%.
- Mukesh Buch
- 27 May, 2014
- New York City
AutoZone net climbed 7% and net sales jumped 6%. Bank of Nova Scotia profit surged 17%. Frontline net loss narrowed. Hillshire Brands received unsolicited offer from Pilgrim''s Pride for $5.7 billion. Intuit agreed to acquire Check Inc for $360 million.
- Nichole Harper
- 27 May, 2014
- New York City
Stocks on Wall Street opened higher and Pilgrim
- Nigel Thomas
- 27 May, 2014
- New York City
Accor agreed to acquire 100 hotels in Europe for
- Hiruki Nakamura
- 27 May, 2014
- New York City
Stocks in Tokyo opened higher but market indexes trimmed the day
- Marcus Jacob
- 27 May, 2014
- New York City
Australian market indexes meandered in the session and trading turnover was near the low of the year so far. Suncorp announced a $500 million write-down and estimated difficult time for the industry. Donaco International plunged 10% on rising tensions in Vietnam.