- Nichole Harper
- 30 Sep, 2013
- New York City
U.S. market indexes weakened as the government shutdown looms and reticent lawmakers are in no mood to agree on a short term budget. However, larger battle is ahead to revise debt ceiling in the next two weeks. U.S. Treasury yield was stable but the dollar weakened.
- Mukesh Buch
- 30 Sep, 2013
- New York City
21Vianet said Temasek invested $100 million. Brookfield Property to acquire Brookfield Office Properties for $1.7 billion. Lockheed Martin secured order worth $7.8 billion. Philip Morris agreed to acquire 49% stake in Arab Investors-TA for $625 million.
- Nigel Thomas
- 30 Sep, 2013
- New York City
Aryzta profit dropped but group revenue jumped 7% to
- Hiruki Nakamura
- 30 Sep, 2013
- New York City
Stocks in Tokyo closed lower following the sell-off across Asia. Looming U.S. government shut down turned investors cautious. Prime Minister Shinzo Abe is scheduled to announce new economic and tax measures tomorrow. Toshiba Corp plans to cut television operations by half to 3,000.
- Marcus Jacob
- 30 Sep, 2013
- New York City
Australian markets declined after Asian markets fell as the U.S. faces government shut down and rocky negotiations in finalizing short term budget and lift debt ceiling. Private sector credit growth slowed in August in Australia.
- Nichole Harper
- 27 Sep, 2013
- New York City
Broader market indexes extended losses for the seventh day as U.S. lawmakers debate to avoid government shutdown. Market watchers are expecting politicians to strike a last minute deal but a prolonged government closure will trim economic growth. J.C. Penney plans 96 million share offering.
- Mukesh Buch
- 27 Sep, 2013
- New York City
Accenture declined after sales and profit jumped. BlackBerry said loss widened to $965 million. Finish Line surged as revenue and net climbed. Nike soared after profit surged 33%. Nektar tumbled 25% after phase-2 study for arthritis drug failed to meet expectations. Thor net jumped 6%.
- Nichole Harper
- 27 Sep, 2013
- New York City
Broader market indexes extended losses for the seventh day as U.S. lawmakers debate to avoid government shutdown. Market watchers are expecting politicians to strike a last minute deal but a prolonged government closure will trim economic growth. J.C. Penney plans 96 million share offering.
- Nigel Thomas
- 27 Sep, 2013
- New York City
Balfour Beatty secured an order worth
- Hiruki Nakamura
- 27 Sep, 2013
- New York City
Market indexes in Tokyo closed lower and the latest data on inflation showed a slight uptick on higher energy prices. Panasonic Corp is close to selling at least 75% of its healthcare unit to KKR for $1.5 billion.
- Marcus Jacob
- 27 Sep, 2013
- New York City
Australian market indexes closed above 5,000 and gained for the seventh week in a row. Australian budget deficit was lower than previous estimated at $18.8 billion but the deficit is estimated to surge above the $30 billion estimate. Mirabel Nickel plunged after losing a major customer.
- Nichole Harper
- 26 Sep, 2013
- New York City
Market indexes on Wall Street advanced despite the ongoing uncertainty about the possible government shutdown as early as next week. eBay agreed to acquire payment processing platform services provider Braintree for $800 million. U.S. second quarter growth rate estimate was unrevised at 2.5%.
- Mukesh Buch
- 26 Sep, 2013
- New York City
Bed Bath & Beyond net surged 15%. eBay agreed to acquire Braintree for $800 million in cash. Ferrellgas loss narrowed and Hertz Global plunged after weak full-year guidance. H.B. Fuller net jumped 6% as revenue grew 3%. Jabil Circuit profit surged 53%. McCormick reported flat net.
- Nigel Thomas
- 26 Sep, 2013
- New York City
Colruyt lowered full-year outlook. H & M Hennes said profit for the quarter soared 22%. Ladbrokes cuts its operating profit outlook in digital division. Bankia sold 12% stakes in Mapfre for a gain of
- Hiruki Nakamura
- 26 Sep, 2013
- New York City
Market indexes in Tokyo staged a turn around after falling as much as 1% in a volatile and listless trading. Shipping companies surged more than 3% and banks advanced more than 1%. Lixil Group soared 4% on a deal to buy Germany based Grohe. Advantest plunged on the third annual loss forecast.