- Nigel Thomas
- 20 Mar, 2014
- New York City
SKF agreed to pay
- Mukesh Buch
- 21 Mar, 2014
- New York City
AAR net plunged 23% on sales decline of 9%. Darden Restaurants profit dropped 18%. Endocyte surged after European Medicines Agency issued a positive opinion on cancer drug. Nike net tumbled 21% but revenue climbed. Tiffany net swung to loss.
- Mukesh Buch
- 20 Mar, 2014
- New York City
Cato tumbled after net and sales dropped and lowered its outlook. ConAgra surged 95% and sales climbed 15%. IHS climbed 31% as revenue surged 37%. Lennar profit jumped 36%. Scholastic net tumbled 40%.
- Nigel Thomas
- 21 Mar, 2014
- New York City
Bouygues revised its SFR bid to
- Marcus Jacob
- 21 Mar, 2014
- New York City
Australian market indexes advanced in heavy trading and the Aussie dollar traded above 90 U.S. cents. Four largest Australian banks are leading the global capital raising plan of $7.2 billion to fund Roy Hill iron ore mining project. Metcash plunged 10%. Cochlear gained 3%.
- Mukesh Buch
- 21 Mar, 2014
- New York City
Canara Bank plans to raise Rs 1,000 crore through a bond offering. Claris Lifesciences set up a stock buyback program of Rs 231 crore. IDBI Bank will sell its entire 19% stake in SHCI. Jain Irrigation allotted 7.5 million shares at Rs 86.30 per share.
- Mukesh Buch
- 14 Mar, 2014
- New York City
Anacor Pharma net swung to profit after sales surged. Aeropostale tumbled after net loss widened. Buckle profit and sales dropped. Hibbett Sports net plunged 13%. Ulta Salon net climbed 9%. Wix.com agreed to acquire mobile application builder Appixia.
- Nigel Thomas
- 14 Mar, 2014
- New York City
Ocado reported sales increase of 23% to
- Mukesh Buch
- 14 Mar, 2014
- New York City
AstraZeneca Pharma is scheduled to meet tomorrow to decide delisting. Bharti Airtel completed a bond offering of $400 million. BF Utilities plunged after promoters sold their stakes by 0.34%. KEC Intl won order worth Rs 1,200 crore. Mphasis net declined 5%.
- Mukesh Buch
- 13 Mar, 2014
- New York City
Dollar General net rose 2% and sales climbed 7%. Dex Media net loss widened and repaid $541 million of bank debt in the quarter. Genesco profit climbed 9%. Stein Mart net plunged 45% and comparable sales jumped 3.1%. Williams-Sonoma net soared 9%.
- Nigel Thomas
- 13 Mar, 2014
- New York City
Bouygues raised its bid for Vivendi''s telecom unit SFR to
- Mukesh Buch
- 13 Mar, 2014
- New York City
Infosys tumbled after the software solutions provider lowered its fiscal outlook. Jubilant Life Sciences surged after the supplements maker lifted prices of vitamin B3 by 18%. L&T secured an order worth Rs 3,655 crore in Qatar.
- Hiruki Nakamura
- 13 Mar, 2014
- New York City
Stocks in Asia and Japan closed lower after China reported weaker than expected increase in factory production, retail sales and fixed assets investments in two-month period to February. Ocean freight companies declined after Baltic Dry Index plunged 8%.
- Marcus Jacob
- 13 Mar, 2014
- New York City
Australian stocks gained after the domestic economy created more than expected jobs last month. The economy created net 47,300 jobs and jobless rate held at 6%. The labor participation rate increased to the high in a year to 64.8%.
- Mukesh Buch
- 12 Mar, 2014
- New York City
Amedisys net loss narrowed despite revenue declined 14%. Dresser-Rand net tumbled 59%. Express profit plummeted 26%. Men''s Wearhouse net loss widened and agreed to acquire Jos. A. Bank for $65 a share in cash. VeriFone net swung to a loss but lifted outlook.