- Mukesh Buch
- 28 Jan, 2014
- New York City
Escorts climbed 62% and revenue jumped 12%. Idea net doubled. IPCA Lab profit soared 58%. JSW Steel net swung to a profit after revenue surged 53%. Maruti Suzuki net soared 36% and plans for expansion in Gujarat.
- Mukesh Buch
- 27 Jan, 2014
- New York City
AT&T said no stake offer to Vodafone for next six months. Caterpillar net soared 44% and sales climbed 10%. KKR agreed to acquire Sedgwick for approx $2.4 billion. Liberty Global acquired the remaining stake of Ziggo for $13.7 billion. Roper net climbed 15%.
- Mukesh Buch
- 27 Jan, 2014
- New York City
Adani Power net loss narrowed after revenue soared. Glenmark net grew 1% and revenue climbed 16%. HUL profit climbed 22% as revenue jumped 8%. Shree Cement net tumbled. Symphony profit surged 48%. Torrent Power net swung to a loss. Tata Elxsi net soared.
- Nigel Thomas
- 27 Jan, 2014
- New York City
Aveva estimated strong third quarter results. BG Group plunged 15% after it lowered estimated production and profit outlook. Ericsson and Samsung settled global patent disputes. Liberty Global agreed to acquire remaining stake in Ziggo for
- Devan Biswas
- 24 Jan, 2014
- New York City
Emerging markets currencies and stocks accelerated the decline after the contagion rooted in Argentina spreads to Asia and Eastern Europe. Argentina and Venezuela devalued their currencies but more declines may follow as the official rates lag economic fundamentals.
- Nichole Harper
- 24 Jan, 2014
- New York City
World markets and U.S. indexes extended losses of more than 1% for the second day in a row after emerging-markets currencies contagion widen. Microsoft reported record quarterly sales and earnings. Bristol-Myers quarterly sales rose 6% but net plunges 22%. European banks closed lower.
- Mukesh Buch
- 24 Jan, 2014
- New York City
Bristol-Myers net declined 22%. Honeywell net surged. Kimberly-Clark profit doubled on flat sales. Microsoft net grew 3% after revenue soared 14%. Procter & Gamble net plunged 16%. State Street Corp net slid 1%.
- Nigel Thomas
- 24 Jan, 2014
- New York City
McKesson agreed to acquire Celesio after a deal revision. Greggs said total sales in the third quarter grew 3.6%. Henry Boot expects revenues for the year were about
- Hiruki Nakamura
- 24 Jan, 2014
- New York City
Market indexes in Tokyo edged lower and declined for the week as the yen gained and emerging market currencies eased. Toyota lifted its global sales outlook and estimated record sales. Nitto Denko sales soared in December.
- Marcus Jacob
- 24 Jan, 2014
- New York City
Australian market indexes extended losses for the third week and the Aussie dollar edged to a 3-year low. Echo Entertainment agreed to sell its Jupiters Townsville hotel complex for $70 million.
- Mukesh Buch
- 24 Jan, 2014
- New York City
Atul revenue and profit surged. Bharat Electronics net slid 3%. Cairn India profit slid 14% and sales soared 17%. Novartis net plunged 47%. Ranbaxy plunged after US prohibited its drugs from its Toansa facility in Punjab. Uco Bank net tripled. UPL net climbed 52%.
- Nichole Harper
- 23 Jan, 2014
- New York City
World and U.S. market indexes declined after China
- Hiruki Nakamura
- 23 Jan, 2014
- New York City
Nikkei in Tokyo fell 0.8% following Asia-wide sell-off after a private survey indicated a contraction in manufacturing growth in China. The yen traded near its 2-year low. Nidec gained 6% after the company raised its full-year net income outlook and launched a buyback program.
- Marcus Jacob
- 23 Jan, 2014
- New York City
Australian dollar and Asian stocks declined 1% after a private survey indicated a slowdown in manufacturing in China. Saputo is close to acquiring WCB after a 17.7% minority stake holder agreed to sell its stake. Newcrest boosted its 2014 outlook and said all six mines are operating at a profit.
- Mukesh Buch
- 23 Jan, 2014
- New York City
Baxter net plunged 34% despite sales increase of 16%. eBay revenue and profit jumped 13%. Johnson Controls net surged 30%. Lockheed Martin net declined 14%. McDonald''s net rose 1%. SanDisk profit surged 58%.Union Pacific Corp net climbed 13%.