- 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.
- Nigel Thomas
- 02 Jul, 2014
- New York City
BMW plans to invest $1 billion in a new plant of Mexico. Chr. Hansen net climbed 6% to
- Marcus Jacob
- 02 Jul, 2014
- New York City
Australian stocks jumped and the Aussie dollar held despite the May trade deficit soared 145% and was the widest in eighteen months. Weak iron ore prices and 6% increase in Aussie dollar contributed to the deficit. Australand Property Group accepted $2.6 billion offer.
- Mukesh Buch
- 02 Jul, 2014
- New York City
Ashok Leyland June sales jumped 7%. A2Z Maintenance secured orders worth Rs 2,400 crore. Bajaj Auto total sales in June rose 3%. Castrol India surged on delisting rumors. Tata Motors total sales in June tumbled.
- Mukesh Buch
- 01 Jul, 2014
- New York City
Agenus surged after positive result of cancer vaccine for brain tumor patients. Acuity Brands net soared 38% on 12% increase in revenue. Park Electrochemical net surged 67%. Timken completed its spin-off of its steel business.
- Nigel Thomas
- 01 Jul, 2014
- New York City
Bilfinger plunged after weak forecast. Fresenius sold its 5% stake in Rh
- Nichole Harper
- 01 Jul, 2014
- New York City
Stocks on Wall Street gained after auto sales were ahead of expectations and China reported a slight expansion in manufacturing. U.S. construction spending edged up in May but at a slower pace than in April. Chrysler, GM and Nissan reported higher than expected sales in June.
- Mukesh Buch
- 01 Jul, 2014
- New York City
L&T won contract of Rs 2,442 crore from Bharat Sanchar Nigam. Maruti Suzuki June sales surged 33.5%. M&M tractor June sales climbed 8%. Punj Lloyd won a contract worth $200 million in Kuwait. Sterlite secured defense contracts worth Rs 2,500 crore from BSNL.
- Hiruki Nakamura
- 01 Jul, 2014
- New York City
Stocks in Tokyo closed higher after Tankan survey showed rising inflation pressure and large companies revised higher capital spending plan by 7.4%. The yen weakened against the U.S. dollar. Takashimaya said June retail sales declined.
- Marcus Jacob
- 01 Jul, 2014
- New York City
Reserve Bank of Australia held rates at historic low of 2.5% for the eleventh month in a row and confirmed the strong housing industry expansion and low wage inflation. Capital cities home price index increased 1.4% in June.
- Mukesh Buch
- 30 Jun, 2014
- New York City
MannKind jumped on FDA approval. Kindred Healthcare will clear to buy Gentiva Health Services. PPG agreed to buy Consorcio Comex for $2.3 billion. Linn Energy acquired five assets of Devon Energy for $2.3 billion. TreeHouse Foods purchased Flagstone Foods for $860 million.
- Nigel Thomas
- 30 Jun, 2014
- New York City
Ineos acquired remaining 50% stake of BASF