- Mukesh Buch
- 16 Dec, 2013
- New York City
LSI agreed to be acquired by Singapore-based chip maker Avago for $6.6 billion. AIG agreed to sell its aircraft leasing business to AerCap. BlackRock said it has complied with the Italian disclosure requirement for its stake in Telecom Italia.
- Hiruki Nakamura
- 16 Dec, 2013
- New York City
Nikkei Stock Average in Tokyo declined 1.6% as investors locked annual gains and the yen declined. Asian market indexes decreased after a private survey in China showed activities declined to a 3-month low.
- Nigel Thomas
- 16 Dec, 2013
- New York City
Aggreko forecasted net debt to reduce about
- Marcus Jacob
- 16 Dec, 2013
- New York City
Investors looked ahead to Reserve Bank policy meeting minutes and mid-year federal government budget scheduled to release tomorrow. Insurance Australia Group Limited agreed to acquire insurance business from Wesfarmers Limited.
- Mukesh Buch
- 16 Dec, 2013
- New York City
Aurobindo Pharma received final approval from the U.S. regulators for its anti-depressant capsules. Clariant agree to acquire Plastichemix for Rs 135 crore. Glaxo surged after the parent company plans to raise its stake to 75%. SpiceJet signed agreement with Singapore-based Tigerair.
- Mukesh Buch
- 13 Dec, 2013
- New York City
Adobe net plunged 71%. AIG and AerCap are in talks to sell aircraft leasing business. Echostar and Vivendi
- Nigel Thomas
- 13 Dec, 2013
- New York City
AerCap received offer from American AIG to sell its aircraft leasing business. Arcam agreed to buy metal powder division of Canada-based Raymor. Grohe sold 87.5% stake to a Japan based Lixil for
- Mukesh Buch
- 13 Dec, 2013
- New York City
M&M raised its vehicles prices as much as 2% from January. Reliance and BP plan to invest between $5 billion and $10 billion for natural gas exploration. Torrent Pharma agreed to acquire drug distribution business from Elder Pharma for Rs 2,000 crore.
- Marcus Jacob
- 15 Dec, 2013
- New York City
Australian indexes gained and the Aussie dollar eased against international currencies. Commercial finance commitments in October declined 3.9%, the statistics office reported. GUD Holdings declined after earnings fell.
- Nichole Harper
- 12 Dec, 2013
- New York City
U.S. indexes traded lower for the third day in a row and November retail sales rose the most in five months. American Airlines ordered regional jets valued at $6 billion in list prices. JP Morgan Chase is nearing a $2 billion settlement charges linked to Madoff Ponzi scheme.
- Mukesh Buch
- 12 Dec, 2013
- New York City
American Airlines agreed to buy 60 aircrafts with a list price of $2.5 billion. Ciena net loss widened despite sales surge of 25%. Lululemon net jumped 15% but offered lower than expected earnings outlook. Men''''s Wearhouse net dropped 6%. Nordson net declined 12%.
- Hiruki Nakamura
- 12 Dec, 2013
- New York City
Stocks in Tokyo and Asia dropped and the yen hovered near its recent low. Overseas investors increased Japanese stocks holdings by 12.9 trillion yen in the current year to November. Nitto Denko plunged 19% after it lowered earnings outlook.
- Nigel Thomas
- 12 Dec, 2013
- New York City
Dufry agreed to acquire 49% stake of Hellenic Duty Free for
- Marcus Jacob
- 12 Dec, 2013
- New York City
Australian market indexes declined for the sixth day in a row and the dollar dropped. Australian jobless rate in November increased to 5.8% and employers added 21,000 net new jobs. Linc Energy secured $48 million investment from Malaysia based casino operator Genting.
- Mukesh Buch
- 12 Dec, 2013
- New York City
Cadila Healthcare settled patent litigation with Warner Chilcott. GMR Infra and Megawide are the highest bidders for an airport terminal in Philippines. Hero and Magneti Marelli engine venture targets to generate revenue of $100 million.