- Mukesh Buch
- 07 Apr, 2014
- New York City
BHEL annual profit declined 51% and revenue dropped 20%. GMR won airport development contract from Philippines. IL&FS emerged as the lowest bidder for road contracts worth Rs 290 crore. Sun Pharma agreed to buy Ranbaxy for about $3.2 billion.
- Nichole Harper
- 04 Apr, 2014
- New York City
Market indexes eased from record level and the U.S. employers added 192,000 jobs in March. All the payrolls increase were driven by the gains in private sector and total employment in the sector reached to a new high above 116 million. GrubHub Inc IPO soared.
- Mukesh Buch
- 04 Apr, 2014
- New York City
AZZ net soared 13% and revenue climbed 29%. CarMax net declined 7% but sales jumped 9% and the used car dealer announced $1 billion share repurchase. Global Payments profit fell 6% but revenue increased 7%. Micron Technology net swung to profit. Synergy Resources net surged 93%.
- Mukesh Buch
- 04 Apr, 2014
- New York City
The March month jobs data suggested a rebound in employment from the depths of the winter months, but the increase fell short of estimates. Almost all the gains in employment was driven by private payrolls.
- Nigel Thomas
- 04 Apr, 2014
- New York City
Bouygues raised its cash component offer for SFR by
- Hiruki Nakamura
- 04 Apr, 2014
- New York City
Stocks is Tokyo halted a two-week long rally ahead of Bank of Japan meeting on Monday. Seven & I estimated lower than expected earnings in the current fiscal year. Stocks of real estate developers extended rally to the eighth day on positive outlook.
- Marcus Jacob
- 04 Apr, 2014
- New York City
Australian markets rebounded from a 2-day losses and the Aussie dollar gained. BHP Billiton won a tax-free status for its proposed $20 billion non-core assets spinoff. Fonterra was fined by New Zealand court for its August 2013 product warning.
- Mukesh Buch
- 04 Apr, 2014
- New York City
Adani Power increased its power generation capacity to become the largest private power generator. BS Ltd won orders of Rs722 crore from electric utilities. Crompton secured news export order worth $29 million. Sobha Developers sales in fourth-quarter surged 20%.
- Mukesh Buch
- 03 Apr, 2014
- New York City
Google trades ex-split. Greenbrier net soared 13%. Meltwater bids for Sweden-based rival Cision for $138 million in cash. RPM Int net swung to profit. Schnitzer Steel profit tumbled 79%. Texas Ind loss widened.
- Nigel Thomas
- 03 Apr, 2014
- New York City
Dunelm revenue climbed 10% to
- Nichole Harper
- 03 Apr, 2014
- New York City
U.S. stocks gyrated after opening higher. Weekly jobless claims increased 16,000 to 326,000 and the increase was consistent with the pre-recession level. Trade deficit in February widened on higher price of imported crude oil and a decline in exports. ECB unrevised its benchmark rate.
- Devan Biswas
- 03 Apr, 2014
- New York City
U.S. trade deficit increased 7.7% after exports declined more than 1%. A rise in crude oil prices in February contributed the rise in trade deficit.
- Hiruki Nakamura
- 03 Apr, 2014
- New York City
Investors in Tokyo extended broader rally in stocks to the second week. Electronics makers and auto exporters led the gainers after the yen declined 0.2%, the second weekly decline in a row. Softbank increase investment in a messaging venture with India based Bharti Enterprises.
- Marcus Jacob
- 03 Apr, 2014
- New York City
Australian retail sales rose for the sixth month in a row and trade surplus was ahead of estimates. February retail sales gained 0.2% after rising 1.2% in January. Trade surplus in February jumped 33% to $1.23 billion. Fonterra and Woolworths sign a 10-year deal.
- Mukesh Buch
- 03 Apr, 2014
- New York City
Ashok Leyland won a contract worth $50 million from Zimbabwe. Hindustan Motors total sales in March tumbled 74%. Transformers & Rectifiers production in fiscal 2014 climbed. Venus Remedies received approval for infection treatment antibiotic in Venezuela.