- Nigel Thomas
- 26 Aug, 2014
- New York City
Antofagasta net plunged 16% after revenue declined 4%. Petrofac profit tumbled 44% and revenue plunged 11% but backlog surged 35% to $20 billion. Regus declined 5% to
- Hiruki Nakamura
- 26 Aug, 2014
- New York City
The Topix and Nikkei indexes in Tokyo declined and the yen eased after rising for two weeks in a row. Nikkei slipped 0.6% and the Topix eased 0.5%. E-Seikatsu, the cloud services provider said quarterly net surged.
- Marcus Jacob
- 26 Aug, 2014
- New York City
Australian market indexes trimmed losses and weaker commodities prices dragged resource stocks for the second day in a row. Investors awaited the release of capital expenditure data tomorrow after March quarter spending decreased 4.2%.
- Mukesh Buch
- 26 Aug, 2014
- New York City
Havells India surged after announcing a stock split for 1-for-5. L&T signed a contract in Bangladesh for Rs 1,210 crore. Suzlon Energy plans to raise Rs 4,000 crore through the foreign currency convertible bonds. Shree Cement net dropped. Tech Mahindra gained on higher outlook.
- Nigel Thomas
- 25 Aug, 2014
- New York City
Atlas Mara agreed to acquire 50.1% controlling stake in the Africa based BancABC. London Stock Exchange profit surged 64% to
- Mukesh Buch
- 25 Aug, 2014
- New York City
Ann Inc soared 6% on takeover speculation. Burger King is in talks to acquire Canada-based doughnut-and-coffee chain Tim Hortons. Goldman Sachs agreed to settle mortgage-backed securities in $1.2 billion. Roche agreed to acquire InterMune Inc for $8.3 billion in cash.
- Nichole Harper
- 25 Aug, 2014
- New York City
U.S. market indexes traded higher and European markets advanced. ECB President Mario Draghi signalled willingness to announce more monetary steps to revive economic growth in the euro zone. The euro traded lower and French government collapsed.
- Mukesh Buch
- 25 Aug, 2014
- New York City
Alstom T&D India secured a contract worth
- Devan Biswas
- 25 Aug, 2014
- New York City
Burger King Worldwide Inc., the second largest U.S. fast food chain, is in talks to acquire Canada based Tim Hortons Inc and move its headquarters to Canada and take advantage of lower-tax country.
- Nigel Thomas
- 25 Aug, 2014
- New York City
European markets closed higher after European Central Bank President Mario Draghi signalled more quantitative easing steps and France overhauled cabinet after the government collapsed.
- Hiruki Nakamura
- 25 Aug, 2014
- New York City
Market indexes in Tokyo extended two-week gains and the Topix index is close to erasing its loss in the year-so-far. Chugai Pharma dropped 9% after Roche decided not to bid for the remaining 40% stake. Press Kogyo reported better than expected sales.
- Marcus Jacob
- 25 Aug, 2014
- New York City
Australian indexes turned lower from six-year highs and the Aussie dollar closed at a new yearly high against the euro. Resource stocks were lower after iron ore prices declined to a two-month low and Moody
- Nichole Harper
- 22 Aug, 2014
- New York City
Stocks on Wall Street advanced and the S&P 500 index is set to gain the most since April. Dynegy agreed to acquire 12,500 megawatts of coal and gas power plants for more than $6 billion.
- Mukesh Buch
- 22 Aug, 2014
- New York City
Dynegy agreed to acquire coal and gas assets from Duke Energy and Energy Capital Partners for $6.3 billion. Foot Locker net soared 39%. Gap profit jumped 10%. Hibbett Sports net plunged 20%. Nordson fell 2%. Ross Stores net soared 12%. Salesforce.com net swung to a loss.
- Nigel Thomas
- 22 Aug, 2014
- New York City
Arcadis agreed to acquire 15.6% stake in Hyder Consulting on a revised offer of