- Hiruki Nakamura
- 31 Mar, 2014
- New York City
Market indexes extended a weeklong rally and industrial output declined 2.3% in February. The latest output data was among a series of economic statistics highlighting weak economic activities in Japan. Japan is set to increase its first sales tax since 1997.
- Marcus Jacob
- 31 Mar, 2014
- New York City
Market indexes in Australian gained 0.5% today, rose 0.2% in the month and gained 0.8% in the first quarter. Seven Group is set to takeover Nexus Energy for $423 million. Ten Network Holdings reported its worst market share last night.
- Mukesh Buch
- 31 Mar, 2014
- New York City
Bharat Heavy secured contract worth Rs 125 crore in Uttarakhand. GMR Group filed for initial public offering for its energy unit. Jain Irrigation plans to sell a stake in the food-processing unit to private equity funds. L&T unit won new orders worth Rs 1,009 crore.
- Mukesh Buch
- 28 Mar, 2014
- New York City
Accenture net plunged 40% but lifted fiscal outlook. BlackBerry net swung to a loss. Caesars sold 7 million shares. Finish Line jumped after profit and revenue surged. Fred''s net plummeted 39%. Red Hat net in the quarter jumped 6%.
- Nichole Harper
- 28 Mar, 2014
- New York City
U.S. stocks trimmed weekly losses and tech stocks rebounded. Consumer spending increased for the second month in a row and annual rate of inflation to February month eased to 0.9%. Consumer confidence index dropped less than expected.
- Nigel Thomas
- 28 Mar, 2014
- New York City
Deutsche Wohnen profit surged 46% and sales climbed 55%. Intesa Sanpaolo annual net swung to a loss
- Hiruki Nakamura
- 28 Mar, 2014
- New York City
The Nikkei index gained 0.5% and extended weekly advance to 3.3% but plunged more than 9% in the quarter. Yahoo Japan will launch its wireless service after the purchase of eAccess for $3.2 billion. Core inflation rate in Japan was unchanged at 1.3% in February and retail sales jumped 3.6%.
- Marcus Jacob
- 28 Mar, 2014
- New York City
Australian stocks closed higher and trimmed weekly loss to 0.5%. For quarter, the index has increased 0.8%. Resource and bank sector stocks led the gainers in trading today. Woodside Petroleum may move away from its potential venture in Israel after the government failed to clarify tax policy.
- Mukesh Buch
- 28 Mar, 2014
- New York City
A2Z Maintenance surged after the company completed debt restructuring. Canara Bank raised Rs 1,000 crore through a bond issue. Colgate declared interim dividend. NTPC import 15 million tons of coal in the next year.
- Mukesh Buch
- 27 Mar, 2014
- New York City
Baxter Intl to split into pharmaceutical and medical products company. Conn''s profit and sales soared. GameStop dropped as net declined 16%. Lululemon net edged up. Paychex net climbed 11%. Signet net rose. Worthington profit tumbled.
- Nigel Thomas
- 27 Mar, 2014
- New York City
Alstom plunged 6% on the rising probabilities of charges from the U.S. Babcock Intl agreed to acquire Avincis for
- Mukesh Buch
- 27 Mar, 2014
- New York City
CMC won a legal case against Kuwait Stock Exchange. Gautam Thapar plans to sell its 42.7% stake Crompton Greaves worth $3 billion. FIEM purchased 7.65 acre land to set-up a new factory in Gujarat. L&T
- Marcus Jacob
- 27 Mar, 2014
- New York City
Australian stocks trimmed losses after tensions rose between Russia and European nations. Aussie dollar eased. Rupert Murdoch elevated his son at News Corp and 21st Century Fox, a step that many view reflect weak corporate governance and nepotism at both companies.
- Hiruki Nakamura
- 27 Mar, 2014
- New York City
Market indexes in Japan advanced and the yen closed nearly unchanged. Toyota said it will buy back shares worth $3.5 billion, first in five years. Nissan Motor plans to recall one million vehicles. Seven & I is in talks to take control of stores at railway stations. ANA placed a largest plane order.
- Mukesh Buch
- 26 Mar, 2014
- New York City
Five Below surged after profit and net sales climbed. Lindsay jumped despite revenues declined 13%. Movado soared after revenue rose 7% but net slumped 9%. PVH net swung to a loss. REX American net swung to profit.