- Nigel Thomas
- 10 Oct, 2013
- New York City
Melrose sold Crosby and Acco to private equity group KKR for
- Marcus Jacob
- 10 Oct, 2013
- New York City
Australian market indexes traded lower in a choppy session. Jobless rate in Australia declined from a four-year high to 5.6% in September. Bank of Queensland swung to annual net profit on lower operating costs.
- Nichole Harper
- 09 Oct, 2013
- New York City
Investors appear to take the debt and budget talk impasse in stride and hoped a last minute deal before the end of the month. President Obama is set to announce the appointment of Janet Yellen as the next Fed Chairman. Most policy makers at the Fed see tapering to kick in the before the year end.
- Mukesh Buch
- 09 Oct, 2013
- New York City
Alcoa net swung to profit and forecasted global aluminum demand to increase 7%. Costco profit soared and Family Dollar net climbed 26%. Men
- Marcus Jacob
- 09 Oct, 2013
- New York City
Australian stocks and indexes closed lower and markets across Asia shifted focus to domestic earnings. Central banks in Asia prepare for a scenario where U.S. politicians may fail to lift debt ceiling and set off uncontrollable chain of events.
- Nigel Thomas
- 09 Oct, 2013
- New York City
Centamin said total gold production in the third-quarter surged 39%. Quindell Portfolio won a three-year contract worth
- Mukesh Buch
- 08 Oct, 2013
- New York City
J. C. Penney said September comparable sales fell 4% but online sales surged 25 % and liquidity at the year-end is expected to be higher than $2 billion. Nuance appoint son of Carl Icahn as independent director. Wolverine World Wide net surged 66%.
- Nigel Thomas
- 08 Oct, 2013
- New York City
Alcatel Lucent plans to cut costs of 1 billion euros and eliminate 10,000 jobs. Celesio surged after McKesson buyout offered
- Hiruki Nakamura
- 08 Oct, 2013
- New York City
Stocks in Tokyo closed higher in the final hour of trading. The Nikkei ended a 4-day decline in the index and investors shifted focus to domestic earnings as U.S. budget and debt ceiling talks appear to go nowhere on the eighth day of government closure.
- Nigel Thomas
- 07 Oct, 2013
- New York City
Airbus won its first order from Japan Airlines worth
- Nichole Harper
- 04 Oct, 2013
- New York City
U.S. market indexes gained higher but political leaders showed no interest in compromising. Rating agencies also appear conflicted and under political pressure not to downgrade U.S. debt. Twitter files to raise as much as $1 billion.
- Hiruki Nakamura
- 04 Oct, 2013
- New York City
Stocks in Tokyo edged lower and investors shifted focus to domestic issues. U.S. government remained shut for the third day and debt default date approaches in two weeks. The yen weakened and commodities prices rose.
- Mukesh Buch
- 04 Oct, 2013
- New York City
Computer Services net jumped 7% as revenue climbed 11%. Forest Oil sold its oil and gas assets in Texas to Templar Energy LLC for $1 billion. IDT Corp net swung to a loss but sales climbed 7%. Union Pacific forecast third-quarter operating revenue. Xyratex net tumbled 77%.
- Marcus Jacob
- 04 Oct, 2013
- New York City
Australian market indexes traded lower and the Aussie dollar gained as commodities prices were flat in regional trading. Leighton Holdings faced more media allegations of corruption. Oil Search and its Papua New Guinea LNG gas venture partner Exxon Mobil completed $1.5 billion financing.
- Nigel Thomas
- 04 Oct, 2013
- New York City
Lindt & Spruengli plans to buyback its own shares up to 2014. Carpetright lowered its full-year profit outlook. John Wood lifted its fiscal operating earnings growth outlook. Nokian Tyres lowered operating profit forecast.