- Mukesh Buch
- 19 Nov, 2013
- New York City
Best Buy plunged 9% on margin worries in holiday season. Campbell Soup net plunged 30%. Dicks Sporting net grew 4%. Home Depot net surged 43% as comparable sales climbed. Medtronic net soared 40%. Salesforce.com net loss narrowed. TJX net surged 35%.
- Nigel Thomas
- 19 Nov, 2013
- New York City
Afren climbed on encouraging test oil drilling results. easyJet profit surged 56% as revenue climbed 11%. Enterprise Inns net swung to a loss. ITV said total revenue jumped 6%. Intertek agreed to acquire Architectural Testing for
- Hiruki Nakamura
- 19 Nov, 2013
- New York City
Stocks in Tokyo declined and investors focused on the details of the latest Chinese reforms. The People
- Marcus Jacob
- 19 Nov, 2013
- New York City
Reserve Bank of Australia in its latest minutes of meeting noted rates are likely to be on hold in the near future and said recent rates cuts are having desired impact on the economy. However, the central bank noted rising home prices across the nation and said inflation is within its target range.
- Mukesh Buch
- 19 Nov, 2013
- New York City
BHEL secured contract worth Rs 1,300 crore from NTPC. FT India sold its stake in ICE Singapore Holdings for $150 million. NTPC terminated its Rs 700 crore contract with the Italy-based company. Power Grid
- Nichole Harper
- 18 Nov, 2013
- New York City
Stocks extended advance and market indexes traded in a record territory. S&P 500 index extended yearly gain to 26.3% and the Nasdaq index flirted near 32%. Market indexes in Europe and Asia advanced. Fertilizer stocks were in focus after Prokhorov gained full control of Uralkali.
- Mukesh Buch
- 18 Nov, 2013
- New York City
Advent Intl intended to acquire Dutch software maker Unit4 NV for $1.58 billion. Boeing secured $100 billion of orders based on listed price from Emirates Airline. CareFusion agreed to acquire Vital Signs of GE Healthcare for $500 million. Tyson Foods net surged 40%.
- Hiruki Nakamura
- 18 Nov, 2013
- New York City
Sony sold more than one million PS4 game console on the first day of launch in the U.S. and Canada. Misawa Homes plunged after it found defective construction at 1,619 homes. Pigeon Corp and Unicharm soared after China relaxed one-child policy.
- Nigel Thomas
- 18 Nov, 2013
- New York City
Aberdeen Asset agreed to acquire Scottish Widows for
- Marcus Jacob
- 18 Nov, 2013
- New York City
Australian stocks eased and banks led the decliners. The ACCC lost its mortgage price fixing case against ANZ in a federal court that was alleged in 2004. Elders Limited said full-year loss widened. WAB board supported a takeover offer from Canadian suitor.
- Mukesh Buch
- 18 Nov, 2013
- New York City
Amara Raja net surged 35% after sales climbed 12%.Glaxo plan to invest
- Mukesh Buch
- 15 Nov, 2013
- New York City
Agilent Technologies net tumbled 50% and expects separation in to two companies as early as November 2014. Kimberly-Clark plans to spin-off its $1.6 billion health care business. Maximus net climbed 50% as revenue from health segment jumped 49%.
- Nichole Harper
- 15 Nov, 2013
- New York City
U.S. stocks extended gains and broader indexes advanced to new highs as Fed Chairman nominee Janet Yellen supported the easy monetary policy continuation. Import price index in October declined at the fastest pace in a year. Euro zone inflation dips to annual rate of 0.7%.
- Nigel Thomas
- 15 Nov, 2013
- New York City
Enquest plans to invest
- Hiruki Nakamura
- 15 Nov, 2013
- New York City
Stocks in Tokyo surged and the Nikkei soared 7.7% in the week after the yen weakened and closed above 100 mark. Sony gained ahead of its launch of PlayStation 4 in the U.S. and Nintendo reported a surge in game console U.S. sales in October. Dai-Ichi first-half sales and earnings soared.