- Mukesh Buch
- 14 Mar, 2014
- New York City
AstraZeneca Pharma is scheduled to meet tomorrow to decide delisting. Bharti Airtel completed a bond offering of $400 million. BF Utilities plunged after promoters sold their stakes by 0.34%. KEC Intl won order worth Rs 1,200 crore. Mphasis net declined 5%.
- Mukesh Buch
- 13 Mar, 2014
- New York City
Dollar General net rose 2% and sales climbed 7%. Dex Media net loss widened and repaid $541 million of bank debt in the quarter. Genesco profit climbed 9%. Stein Mart net plunged 45% and comparable sales jumped 3.1%. Williams-Sonoma net soared 9%.
- Nigel Thomas
- 13 Mar, 2014
- New York City
Bouygues raised its bid for Vivendi''s telecom unit SFR to
- Mukesh Buch
- 13 Mar, 2014
- New York City
Infosys tumbled after the software solutions provider lowered its fiscal outlook. Jubilant Life Sciences surged after the supplements maker lifted prices of vitamin B3 by 18%. L&T secured an order worth Rs 3,655 crore in Qatar.
- Hiruki Nakamura
- 13 Mar, 2014
- New York City
Stocks in Asia and Japan closed lower after China reported weaker than expected increase in factory production, retail sales and fixed assets investments in two-month period to February. Ocean freight companies declined after Baltic Dry Index plunged 8%.
- Marcus Jacob
- 13 Mar, 2014
- New York City
Australian stocks gained after the domestic economy created more than expected jobs last month. The economy created net 47,300 jobs and jobless rate held at 6%. The labor participation rate increased to the high in a year to 64.8%.
- Mukesh Buch
- 12 Mar, 2014
- New York City
Amedisys net loss narrowed despite revenue declined 14%. Dresser-Rand net tumbled 59%. Express profit plummeted 26%. Men''s Wearhouse net loss widened and agreed to acquire Jos. A. Bank for $65 a share in cash. VeriFone net swung to a loss but lifted outlook.
- Nigel Thomas
- 12 Mar, 2014
- New York City
Adecco profit soared 48% to
- Mukesh Buch
- 12 Mar, 2014
- New York City
Gateway Distriparks increased its stake to 54.2% in Snowman Logistics. MakeMyTrip sold its 4.5 million shares to raise $115 million. SpiceJet placed an order for 42 Boeing 737 MAX aircraft valued at a list price of $4.4 billion.
- Nigel Thomas
- 11 Mar, 2014
- New York City
Chinese regulators and central bank followed with details of banking industry liberalization after President Xi Jinping laid out a framework in November. Five private banks will be permitted to launch banks as early as next years.
- Nichole Harper
- 11 Mar, 2014
- New York City
Stocks on Wall Street paused and investors digested latest earnings announcements. Most companies have exceeded the low earnings expectations but retailers struggle and harsh winter played a role in consumer spending and construction sector.
- Nigel Thomas
- 11 Mar, 2014
- New York City
Fenner, the maker of polymer products lowered first-half outlook. Geberit net soared 13% and sales grew 5%. Galenica profit surged 16% to 296 million francs. Germany based reinsurer Hannover Ru net climbed 5%. Inchcape profit jumped 7% to
- Hiruki Nakamura
- 11 Mar, 2014
- New York City
Insurance companies in Tokyo traded higher after the Bank of Japan reiterated its plan to purchase bonds between 60 billion yen and 70 billion a month. Market indexes in Japan are down 5.3% in the year so far and are at the bottom of eight most actively traded markets.
- Marcus Jacob
- 11 Mar, 2014
- New York City
Australian indexes turned volatile and investors focused on the lack of new demand for iron ore from China. BHP said it has made numerous short term productivity improvements in its iron ore division. Coca-Cola Amatil