- Nigel Thomas
- 20 Jan, 2014
- New York City
AB InBev agreed to buy back South Korea
- Mukesh Buch
- 20 Jan, 2014
- New York City
Dewan Housing net climbed 52%. Kajaria Ceramics net jumped 16%. PTC India net surged more than three-fold. Subex won five new customer deals worth $10 million. UltraTech Cement net plunged 38%. Vakrangee profit soared 56%. Wipro net increased 4%.
- Nichole Harper
- 17 Jan, 2014
- New York City
U.S. stocks traded sideways and investors digested several earnings reports. General Electric earnings rose but fell short of expectations. American Express net doubled. Morgan Stanley and UPS results were lower than expected. Consumer confidence index eased in December.
- Hiruki Nakamura
- 17 Jan, 2014
- New York City
Stocks in Tokyo traded mixed and market indexed fell 0.9% in the week. Foreign investors sold a net 287 billion yen of Japanese stocks in the week ending on Jan 10, Ministry of Finance reported today. Nintendo dropped on weak outlook.
- Mukesh Buch
- 17 Jan, 2014
- New York City
American Express net doubled. Carlyle agreed to acquire Ortho-Clinical business of J&Johnson for $4.15 billion. GE net jumped 5%. Morgan Stanley net plunged 85% but revenue jumped 11%. Intel net advanced 6%. Schlumberger net surged 22%.
- Nigel Thomas
- 17 Jan, 2014
- New York City
Accor said quarterly sales fell 3% to
- Marcus Jacob
- 17 Jan, 2014
- New York City
Australian market indexes closed lower on Friday and declined 0.1% in the week. The Aussie dollar continued its steady slide and dropped to a 42-month low. Woodside Petroleum secured a site to build LNG processing facility in Canada.
- Mukesh Buch
- 17 Jan, 2014
- New York City
HDFC Bank net surged 25%. Hindustan Zinc net jumped 7%. ITC net soared 16.3%. MindTree plunged after net declined 31%. Reliance net rose 0.2% to $0.9 billion and revenue jumped 10% to $17.2 billion. TCS net surged 15%.
- Nichole Harper
- 16 Jan, 2014
- New York City
U.S. market indexes drifted lower after weaker than expected earnings from Citigroup, Goldman Sachs and United Health. Best Buy Co plunged nearly one third after sales lagged in holiday period. Weekly jobless claims declined 2,000 last week.
- Mukesh Buch
- 16 Jan, 2014
- New York City
BlackRock net surged 24% and revenue jumped 9%. BB&T net advanced 6%. Best Buy holiday sales dropped. Citigroup fourth-quarter net plunged 17%. Goldman Sachs net climbed 6%. UnitedHealth net surged 15% on revenue increase of 8%.
- Hiruki Nakamura
- 16 Jan, 2014
- New York City
Stocks in Tokyo diverged and market indexes closed higher at close in a volatile trading session. Core machinery orders surged 9.3% in November. Mitsubishi Motors advanced 8% on 154% sales surge in China.
- Nigel Thomas
- 16 Jan, 2014
- New York City
Sports Direct acquired 4.63% stake of Debenhams. Richemont revenues gained 3% to
- Marcus Jacob
- 16 Jan, 2014
- New York City
Australian market indexes rebounded on better-than-expected production reports from mining and energy companies. The Aussie dollar edged lower. Rio Tinto said annual production in Pilbara region increased 5%. Woodside Petroleum sales declined less than expected.
- Mukesh Buch
- 16 Jan, 2014
- New York City
Axis Bank net climbed 19% Bajaj Auto net soared 11%. HCL net jumped 6%. KEC Intl secured orders worth Rs 1,215 crore. LIC Housing Finance net surged 38%. L&T unit secured new orders for Rs 1,000 crore.
- Nichole Harper
- 15 Jan, 2014
- New York City
Market indexes on Wall Street advanced after Bank of America reported better than expected. New York region manufacturing index showed a stronger than expected growth. World Bank lifted its global economic growth estimate.