- Mukesh Buch
- 26 Jun, 2014
- New York City
Crompton Greaves in a consortium won
- Mukesh Buch
- 25 Jun, 2014
- New York City
Apollo Education net declined 11%. Apogee net surged 47%. Barnes & Noble net loss narrowed and the retailer plans to spin-off its Nook tablets and college books businesses. General Mills profit climbed 10%. Lindsay net tumbled 37%. Monsanto profit slumped 6%.
- Nigel Thomas
- 25 Jun, 2014
- New York City
Aker Solutions dropped after $250 million contract was terminated by Total SA. GDF Suez slid after France government sold its 3.1% stake. Northgate net swung to profit. Stagecoach profit climbed 5% to
- Arjun Dave
- 25 Jun, 2014
- New York City
The U.S. Supreme Court in a landmark case sided with broadcasters and blocked the transmission of broadcast TV through Internet.
- Nichole Harper
- 25 Jun, 2014
- New York City
U.S. first quarter GDP shrinkage was revised to 2.9%, worse since the first quarter 2009 decline of 5.4%. Smaller consumer spending and a larger decline in exports contributed to the fall. Supreme Court blocked independent streaming of broadcast TV.
- Hiruki Nakamura
- 25 Jun, 2014
- New York City
Stocks in Tokyo closed lower and investors turned cautious as violence in Iraq spread to more regions. Euglena announced a plan to develop bio-diesel engine with Isuzu Motor. Toyota plans to begin selling fuel-cell vehicles in Japan by the end of this fiscal year.
- Mukesh Buch
- 25 Jun, 2014
- New York City
DCM Shriram sold its textile spinning mill in Rajasthan. Indian Hotels plans to raise Rs 1,000 crore through a convertible debenture issue. Parsvnath Developers expects to raise $168 million through land sales.
- Marcus Jacob
- 25 Jun, 2014
- New York City
Australian market indexes traded lower and the Aussie dollar eased. Trading volume picked up after banks and resources stocks led the most actively traded stocks. Lend Lease estimated full-year profit to jump 45%. Treasury Wine Estates plans to write-down $260 million in assets.
- Mukesh Buch
- 24 Jun, 2014
- New York City
Abbott agreed to acquire Russia-based Veropharm for $495 million. Carnival net jumped 159%. KKR acquired one-third stake in Acciona for $567 million. Micron Technology profit surged. Sonic net jumped 14%. Walgreen net soared 16%.
- Nichole Harper
- 24 Jun, 2014
- New York City
U.S. stocks traded higher on a strength in tech and biotech stocks. New home sales surged 18.6%, second monthly increase following two months of decline and seasonally adjusted annual rate rose to the highest since May 2008.
- Nigel Thomas
- 24 Jun, 2014
- New York City
Altice issued 17.9 million shares to raise
- Hiruki Nakamura
- 24 Jun, 2014
- New York City
Stocks in Tokyo closed higher and the yen traded below 102 mark against the dollar. Investors focused on the fiscal second-half and expectations rose of earnings revisions led by exporters and retailers. Mitsui Fudosan began its $3 billion equity offering today.
- Marcus Jacob
- 24 Jun, 2014
- New York City
Australian indexes edged lower on the weakness in banks and resource stocks failed to build on early gains in the day. Australian dollar closed above 94 cents. Country Road surged on a conditional offer from South Africa based Woolworths.
- Mukesh Buch
- 24 Jun, 2014
- New York City
Adani Ports acquired Dhamra Port. IRB Infrastructure secured a road project worth Rs 2,300 crore in Haryana. Power Grid Corp plans to invest more than Rs 5,500 crore in Chhattisgarh.
- Mukesh Buch
- 23 Jun, 2014
- New York City
Coach lowered its outlook. Ennis net dropped 6%. Harbinger intends to acquire Central Garden & Pet for $750 million. Oracle plans to buy Micros Systems worth $5.3 billion. Wisconsin Energy acquired Integrys Energy for $5.8 billion.