- Nigel Thomas
- 23 Jun, 2014
- New York City
GE won a bidding war with Siemens to acquire Alstom energy business for $17 billion. Banco Santander agreed to acquire consumer finance business of GE Capital for
- Nichole Harper
- 23 Jun, 2014
- New York City
Stocks on Wall Street traded lower after oil advanced on rising supplies disruptions worries in Iraq. European markets dropped on weak manufacturing data. General Electric won the bidding war for the energy business of Alstom SA. Oracle agreed to acquire Micros Systems.
- Hiruki Nakamura
- 23 Jun, 2014
- New York City
Nikkei 225 Stock Average gained as resource stocks advanced and telecom stocks declined. Casino equipment stocks fell. Mitsubishi Heavy Industries and Siemens failed to win energy business of Alstom SA.
- Marcus Jacob
- 23 Jun, 2014
- New York City
Australian market indexes closed higher in active trading following better than expected manufacturing data in China. Wholesaler and distributor Metcash reported 18% decline in annual profit. Gas utility Envestra Ltd forecasted annual earnings at the upper end of the outlook.
- Mukesh Buch
- 23 Jun, 2014
- New York City
AstraZeneca rose after shareholders approved delisting and Essar Oil also delisted its stock from exchanges. Bharti Airtel signed a network agreement in Mumbai with Loop Mobile. Gammon Infra to raise up to $83 million. Ramky Infra net swung to a loss.
- Mukesh Buch
- 20 Jun, 2014
- New York City
CarMax net and revenue climbed. Darden Restaurants profit plunged 35%. Oracle net dropped 4% but revenue rose 3%. Tibco Software net tumbled 82%.
- Nichole Harper
- 20 Jun, 2014
- New York City
U.S. stocks advanced and S&P 500 index gained traded at a new peak. Market indexes are set to gain for the fourth week in the last five as investors bid up cyclical stocks after the Fed announcement.
- Nigel Thomas
- 20 Jun, 2014
- New York City
Debenhams launched
- Hiruki Nakamura
- 20 Jun, 2014
- New York City
Market indexes in Tokyo edged lower on Friday but extended gains for the fifth week in a row. The yen closed below 102 mark against the U.S. dollar. Mitsubishi Heavy and Siemens revised their combined bid to $19.9 billion for Alstom
- Marcus Jacob
- 20 Jun, 2014
- New York City
Australian market indexes dropped and closed at the low in the session but precious metals linked stocks gained after gold jumped 3%, the largest one-day gain in the year. Mantra Group, second largest hotel and resort group in Australia closed up 4% on first day of trading.
- Mukesh Buch
- 20 Jun, 2014
- New York City
Cairn India plans to invest $200 million in Rajasthan. Indiabulls buys property worth
- Mukesh Buch
- 19 Jun, 2014
- New York City
BlackBerry net swung to profit. Clarcor net jumped 5%. IHS profit and revenue surged. Kroger net advanced 4.2% on 10% rise in sales. Rite Aid net plunged 54%. Red Hat dropped 7% but revenue soared 17%.
- Nigel Thomas
- 19 Jun, 2014
- New York City
Balfour Beatty secured a
- Nichole Harper
- 19 Jun, 2014
- New York City
U.S. weekly jobless claims at the end of last week hovered near a seven-year low. European and Asian markets advanced after U.S. policy makers estimated rates to remain low for at least another two years. Oil traded at elevated level and gold gained.
- Hiruki Nakamura
- 19 Jun, 2014
- New York City
Market indexes in Japan rose following a rally in Asian markets after the U.S. policy makers issued a dovish interest rate outlook. Nikkei index gained 1.6% and yen strengthened to 101.78 against one dollar. Tokai Tokyo Financial and Nissan Chemical advanced on earnings reports.