- Nichole Harper
- 24 Feb, 2014
- New York City
Stocks on Wall Street gained and the S&P 500 index traded at a new intra-day high. Netflix agreed to pay for faster video streaming to Comcast paving the way for other carriers to charge. RF Micro Devices agreed to acquire TriQuint Semi for $1.6 billion.
- Mukesh Buch
- 24 Feb, 2014
- New York City
Dillard''s quarterly net declined 26% and sales fell 3%. El Paso net tumbled 75% GT Advanced Tech net loss narrowed. Netflix agreed to pay for network access to Comcast. Palo Alto loss widened. RF Micro Devices agreed to acquire TriQuint for $1.6 billion.
- Hiruki Nakamura
- 24 Feb, 2014
- New York City
Stocks in Tokyo closed lower following general weakness in Asian markets. The yen gained and insurers and developers led the decliners in trading. Zeria Pharmaceutical dropped 7% after the company plans to raise as much as 18.7 billion yen in a public offering.
- Nigel Thomas
- 24 Feb, 2014
- New York City
Bunzl net climbed 7% to
- Marcus Jacob
- 24 Feb, 2014
- New York City
Australian market indexes turned lower in the afternoon trading to close flat after China added more restriction on housing market lending. Transfield Services soared 25% after the company won $1.2 billion contract to build an immigration processing center on Nauru and Manus Islands.
- Mukesh Buch
- 24 Feb, 2014
- New York City
Anik Industries net jumped 9%. CARE declined after stakeholders rejected the sale bids. DCM Shriram board approves a stock buyback plan. ICRA surged after Moody''s offered to increase its stake to 55%. Pfizer climbed on restructuring plan. SKF India net surged 50%.
- Hiruki Nakamura
- 21 Feb, 2014
- New York City
Stocks in Tokyo gained and for the week the indexes gained the best in the last three months. G20 finance ministers are scheduled for a weekend meeting and discuss the impact of U.S. Fed tapering plan on emerging markets currencies.
- Mukesh Buch
- 21 Feb, 2014
- New York City
Agrium net tumbled 72%. DISH net climbed 38% and revenue jumped 7%. Donaldson profit soared 15%. Ecolab net surged 24%. HP net soared 16%. Priceline.com profit surged 31%.
- Marcus Jacob
- 21 Feb, 2014
- New York City
Australian market indexes reached a six-year intra-day high in active trading worth $5 billion. Aussie dollar was the focus as banks estimate a sharp decline in the currency. Billabong reported a smaller loss. Crown Resorts said its Macau venture reported record results.
- Nigel Thomas
- 21 Feb, 2014
- New York City
AXA net soared 14% to
- Mukesh Buch
- 21 Feb, 2014
- New York City
Bharti Airtel expected to face $3 billion charge in Nigeria. HCL denied that founder is seeking to sell his $10 billion stake. IL&FS secured a road project worth $216.7 million in Spain. Shree Renuka tumbled after Singapore based Wilmar to acquire 27.5% stake for $200 million.
- Mukesh Buch
- 20 Feb, 2014
- New York City
Actavis net swung to a loss but revenue soared 59%. DirecTV net declined 14%. Hormel Foods profit soared 18%. Marriott net tumbled 17%. Tesla Motors net loss narrowed. Wal-Mart net plunged 21%.
- Nichole Harper
- 20 Feb, 2014
- New York City
U.S market indexes kept upward bias and investors focused on international markets and domestic earnings. Wal-Mart earnings declined for the fourth quarter in a row and the company blamed harsh weather and cut in food stamps.
- Nigel Thomas
- 20 Feb, 2014
- New York City
Aegon net tumbled 60%. Air France-KLM said loss in the quarter widened to
- Hiruki Nakamura
- 20 Feb, 2014
- New York City
Nikkei declined 2% after Japan reported 19th monthly trade deficit in a row on a surge energy imports. Weakening growth outlook in China also dragged market sentiment in Tokyo and Asia. Asahi Group estimated a fall in earnings on the impending rise in sales tax.