- Bikram Pandey
- 21 May, 2014
- New York City
Russia and China agreed on a natural gas after a decade long discussions culminated under a new geopolitical realities. The $400 billion deal over 30 years is expected to diversify Russian energy customer base and offer added energy securitiy to China.
- Nichole Harper
- 21 May, 2014
- New York City
U.S. market indexes traded higher after Fed policy makers debated options and impacts of higher interest rates regime. The policy makers at the central bank see no inflation risk in the near term despite the pickup in economic activities.
- Hiruki Nakamura
- 21 May, 2014
- New York City
Bank of Japan left its ultra-accommodative monetary policy intact and offered a positive assessment of the economy after a two-day meeting. Japan
- Marcus Jacob
- 21 May, 2014
- New York City
Australian market indexes struggled and declined at close on the persistent weakness in iron ore prices. The wage price index in the March quarter increased 0.7%, the slowest pace in 16 years. Woodside Petroleum Limited walked away from its joint venture in Israel.
- Mukesh Buch
- 21 May, 2014
- New York City
Essar Oil soared after net climbed four-fold. MRPL surged after net swung to profit. Manjushree Technopack net jumped 73%. NIIT net surged four-fold. Readymade Steel secured a piling contract worth Rs 150 crore in Singapore. VIP profit soared 217%
- Nichole Harper
- 20 May, 2014
- New York City
Credit Suisse Group AG agreed to a criminal wrongdoing as a part of a deal with the U.S. Justice Department for helping U.S. citizens to hide their wealth and income in offshore trusts.
- Nichole Harper
- 20 May, 2014
- New York City
U.S. stocks trended lower and small cap led the decliners and extended five-week losses to near 9%. Credit Suisse agreed to a guilty plea and pay $2.6 billion fines to U.S. regulators. European markets declined on mixed earnings news.
- Mukesh Buch
- 20 May, 2014
- New York City
Cato net fell 3% but sales jumped. Dicks Sporting net jumped 5%. Donaldson net slid 4%. Home Depot profit climbed 13%. Medtronic net tumbled 54%. Staples net plummeted 43%. TJX net edged up 0.3%.
- Nigel Thomas
- 20 May, 2014
- New York City
Greencore surged after sales jumped 8% to
- Hiruki Nakamura
- 20 May, 2014
- New York City
Nikkei index in Tokyo closed up and the yen closed higher for the second day in a row. Bank of Japan is scheduled to complete its 2-day meeting tomorrow and investors are looking for additional stimulus measures.
- Marcus Jacob
- 20 May, 2014
- New York City
Australian market indexes closed higher after stocks searched for a direction in early trading. Telstra closed at a new high. Treasury Wines gained after a takeover offer from KKR. Consumer confidence index declined according to a private poll.
- Mukesh Buch
- 20 May, 2014
- New York City
Aditya Birla Nuvo net dropped 12%. Bhel signed a contract to set up a power plant in Indonesia. Munjal Auto profit and sales climbed. RPower net edged up but revenue climbed. RInfra net declined 14% and revenues plunged 21%. Whirlpool net surged 43%.
- Mukesh Buch
- 19 May, 2014
- New York City
AT&T plans to buy DirecTV for $95 per share or $48.5 billion. Campbell Soup net rose 2% but revenue nearly flat. Johnson Controls plans to spin off its $3 billion automotive-interiors business. MasterCard agreed to acquire ElectraCard. Valspar net declined 12%.
- Nichole Harper
- 19 May, 2014
- New York City
Merger news dominated Monday trading and telecom stocks were in focus. AT&T agreed to acquire DirecTV for $48.5 billion. KKR & Co agreed to acquire Singapore based bulk container maker for $1.1 billion. MasterCard acquired online payment software developer.
- Nigel Thomas
- 19 May, 2014
- New York City
AstraZeneca tumbled and the company rejected the takeover offer from Pfizer at