- Hiruki Nakamura
- 10 Jul, 2014
- New York City
Stocks in Tokyo trading declined for the fourth day in a row and core machinery orders plunged 14.5% in May following 9% decline in April. Kaneko Seeds fiscal year sales increased 4.6% and net income surged 29%.
- Marcus Jacob
- 10 Jul, 2014
- New York City
Australian stocks rebounded after a sharp fall of 1% in yesterday
- Mukesh Buch
- 10 Jul, 2014
- New York City
Bharti Airtel divest approx 3,100 towers in four countries in Africa to Helios Towers. ONGC Videsh priced unsecured bonds worth $1.5 billion and
- Mukesh Buch
- 09 Jul, 2014
- New York City
Alcoa net swung to profit on flat revenues. AeroVironment net swung to profit. Capstone Turbine won first order from Oman. MSC Industrial jumped 4% on 13% increase in revenue. ServiceNow agreed to acquire Neebula Systems for $100 million.
- Nichole Harper
- 09 Jul, 2014
- New York City
U.S. stocks traded sideways and investors remained cautious after Alcoa Inc kicked off the latest earnings season with better than expected results. Citigroup is nearing a settlement of $7 billion for charges linked to mortgage securities fraud.
- Nigel Thomas
- 09 Jul, 2014
- New York City
Admiral Group first-half revenues declined to
- Hiruki Nakamura
- 09 Jul, 2014
- New York City
Stocks in Tokyo declined for the third day in a row led by the decline in cargo shipping companies and financial brokers. New vehicle tire sales in Japan increased 4.5% in June. Meiko Network Japan said third quarter revenues increased 3.2%.
- Marcus Jacob
- 09 Jul, 2014
- New York City
Australian stocks dropped 1% following weak international markets. Resolute Mining Limited said gold production in financial year was 342,773 ounces, less than estimated. Aurizon Holdings and Baosteel inched closer to acquire Aquila Resources.
- Mukesh Buch
- 09 Jul, 2014
- New York City
Bank of Baroda issued fixed rate senior unsecured notes of $250 million. GMR Infra raised Rs 1,477 crore through a secondary offering. Infosys net profit expected to decline 11%. Indusind Bank profit surged 26%. SpiceJet offered one million seats at a deep discount price.
- Nichole Harper
- 08 Jul, 2014
- New York City
Stocks on Wall Street edged lower ahead of earnings season and worries linked to stretched valuation. AbbVie revised its offer for UK listed Shire Plc for the third time and offered $51 billion.
- Mukesh Buch
- 08 Jul, 2014
- New York City
AbbVie revised its takeover offer for $51.5 billion after rejecting of three previous offers. Delta Air Lines reduced its flights on dispute with Venezuela. Macquarie Infrastructure agreed to acquire the remaining 50% stake of Intl-Matex Tank Terminals for $1 billion.
- Hiruki Nakamura
- 08 Jul, 2014
- New York City
Stocks in Tokyo closed lower and the yen traded nearly unchanged. Japan
- Nigel Thomas
- 08 Jul, 2014
- New York City
Air France plunged after weak fiscal outlook. Marks and Spencer first-quarter sales jumped 2.3%. Monitise lowered its revenue forecast. Shire received third takeover offer from AbbVie. SIG said sales climbed 6.5% to
- Marcus Jacob
- 08 Jul, 2014
- New York City
Australian market indexes closed down after trading in a narrow range. Trading volume was weak even though banks and resource stocks dominated the session. Aristocrat Technologies raised $375 million for its $1.4 billion bid to acqure Video Gaming Technologies.
- Mukesh Buch
- 08 Jul, 2014
- New York City
Cipla plans to invest up to