- Nichole Harper
- 26 Mar, 2014
- New York City
U.S. market indexes advanced after durable goods orders increased more than expected in February. Orders increased 2.2% in the month after declining for two months in a row. Facebook acquired Oculus for $2 billion.
- Nigel Thomas
- 26 Mar, 2014
- New York City
Bellway profit surged to
- Mukesh Buch
- 26 Mar, 2014
- New York City
The latest increase in demand for goods that are expected to last at least three years was driven by a rise in auto demand and follows two months of durable orders decline in a row.
- Hiruki Nakamura
- 26 Mar, 2014
- New York City
Stocks in Tokyo advanced and the yen traded near a 2-month low. Kirin Holdings Co gained 3% on a media report that the brewer is likely to raise its annual earnings estimate and consider stock buyback.
- Marcus Jacob
- 26 Mar, 2014
- New York City
Australian market indexes advanced tracking the gains in international markets in overnight trading. Australian dollar dipped. Insurance Australia Group won a regulatory approval to acquire Wesfarmers
- Mukesh Buch
- 26 Mar, 2014
- New York City
Godrej Properties signed partnership to develop a residential project in Pune. Oberoi Realty won 25-acres land parcel for about $190 million from Tata Steel. Sintex decided to sell its entire stake in Zep Infratech.
- Mukesh Buch
- 25 Mar, 2014
- New York City
G-III Apparel net soared 62% after sales surged 26%. McCormick reaffirmed sales outlook and said net rose 9%. Neogen jumped after revenue soared 21% but net slid. Sonic profit climbed 15%. Walgreen plans to close 76 unprofitable drugstores. Disney acquired Maker Studios for $500 million.
- Nigel Thomas
- 25 Mar, 2014
- New York City
888 Holdings surged after revenue climbed 10%. EasyJet expects pre-tax loss in the first-half to narrow to
- Nichole Harper
- 25 Mar, 2014
- New York City
Stocks on Wall Street rebounded after falling for two days in a row. Geopolitical tensions dominated market worries after the industrialized nations gathering of eight nations kicked out Russia and warned of additional sanctions. U.S. home price index showed a smaller increase in January.
- Hiruki Nakamura
- 25 Mar, 2014
- New York City
Stocks in Tokyo lacked direction and investors focused on geopolitical tensions. Minnano Wedding soared on the first day of trading and raised $47 million. Taisei and Sekisui House declined as companies work together to fix construction defects at a 30 story building in Shirokane.
- Marcus Jacob
- 25 Mar, 2014
- New York City
Australian market indexes declined in active trading and precious metals miners led the decliners. TPG Telecom Ltd surged after the company reported better than expected first-half results. Automotive Group Holdings commenced its $115 million public offering.
- Mukesh Buch
- 25 Mar, 2014
- New York City
Arvind Ltd struck a 49% stake in Calvin Klein business in India venture. EIL secured contract worth $40 million in Oman. JP Associate sold its 74% stake in Bokaro Cement. Tata Power schedules Rs 2,000 crore issue on March 31.
- Nichole Harper
- 24 Mar, 2014
- New York City
Stocks on Wall Street turned lower after manufacturing slowdown in the U.S. and China. Political leaders of NATO nations gathered in Europe to discuss latest situation in Ukraine and tensions with Russia.
- Mukesh Buch
- 24 Mar, 2014
- New York City
Apple is in talks with Comcast for streaming-television service of its set-top box. Gilead Sciences slid after the lawmakers asked to justify the price of $84,000. Herbalife agreed for three more representatives of Carl Icahn.
- Nigel Thomas
- 24 Mar, 2014
- New York City
BNP Paribas lifted its fiscal outlook for years to 2016. Credit Suisse agreed to pay $885 million to settle a U.S. regulator lawsuit linked to faulty mortgages. The Co-op plans to raise additional