- Marcus Jacob
- 07 Jul, 2014
- New York City
Australian market indexes closed lower and construction industry showed first sign of revival in the year. Wotif.com received $660 million takeover offer from the U.S. based Expedia Inc.
- Mukesh Buch
- 07 Jul, 2014
- New York City
Mahindra Holidays acquired 19% stake in Finland-based Holiday Club Resorts for
- Nigel Thomas
- 04 Jul, 2014
- New York City
EasyJet June passenger count climbed 10%. Erste Group tumbled after bank forecasted net loss for the year of as much as
- Hiruki Nakamura
- 04 Jul, 2014
- New York City
Nikkei 225 Stock Average extended weekly gain to 2.3% following better than expected jobs data in the U.S. and additional stimulus measures in the euro zone. Izumi Co., the food retailer said first quarter revenues increased 4.4%. Tosei Corp first-half sales declined 11%.
- Marcus Jacob
- 04 Jul, 2014
- New York City
Australian market indexes gained 1.5% at the end of week when Reserve Bank of Australia and European Central Bank left interest rates on hold. The latest market rally was supported by better than expected job gains in the U.S. Reef Casino was halted after ACCC launched competition investigation.
- Mukesh Buch
- 04 Jul, 2014
- New York City
Aban Offshore raised $125 million. Hindalco plans to raise $500 million to repay maturing debt. ICVL intends to buy three coal mines in Mozambique from Rio Tinto. Siemens sold a land parcel in Bangalore for Rs 345 crore.
- Nichole Harper
- 03 Jul, 2014
- New York City
U.S. market indexes closed higher after monthly jobs gains were higher than expected and unemployment rate fell to 6.1%. The larger than expected jobs additions lifted the market indexes.
- Mukesh Buch
- 03 Jul, 2014
- New York City
Escalade completed the sale of print finishing business. International Speedway net dropped 4%. Lululemon rose on talks of going private. Synnex net climbed 28% on 33% increase of revenue.
- Nigel Thomas
- 03 Jul, 2014
- New York City
Balfour Beatty dropped after another profit warning. Barry Callebaut quarterly revenue soared 22% to 4.32 billion Swiss francs. Greene King profit increased to
- Hiruki Nakamura
- 03 Jul, 2014
- New York City
Stocks in Tokyo closed lower but investors held out for gains later in the year. Dai-ichi Life is set to approve stock sale of at least $2 billion to fund its acquisition of Protective Life Corp. Osaka Organic Chemical reported weak growth in sales and net declined.
- Marcus Jacob
- 03 Jul, 2014
- New York City
Miners and banks led the gainers in Australia for the second day in a row and trading volume was heavy. Building approvals in June rose but seasonally adjusted retail sales dropped 0.5%. Lynas Corp plans to move its headquarters to Malaysia.
- Mukesh Buch
- 03 Jul, 2014
- New York City
Alstom T&D won contract worth Rs 27.7 crore from Himachal Pradesh. Apollo Tyres invest $340 million at Chennai and Kerala plants. Coal India production fell in June. Hero Motocorp sales in June climbed 8%. JSW Energy acquired power plant for Rs 5,700 crore.
- Nichole Harper
- 02 Jul, 2014
- New York City
U.S. market indexes traded sideways after small cap index reached an intra-day high yesterday. S&P 500 index traded at a new intra-day high and the tech heavy Nasdaq Composite index traded at a high not seen since 2001.
- Mukesh Buch
- 02 Jul, 2014
- New York City
Schulman net and sales soared. Constellation Brands net climbed nearly three-fold. CalAmp profit jumped 59%. Greenbrier surged after quarterly net swung to profit. Kroger completed acquisition of Vitacost.com. Paychex net soared 18%. UniFirst net climbed 8%.
- Hiruki Nakamura
- 02 Jul, 2014
- New York City
Investors in Japan looked to overseas markets and took an optimistic view on the global economy and bid up exporters. Sony and Toyota Motor gained more than 0.7%. Nippon Yusen and Mitsui OSK Limes soared 2% after freight rate index advanced.