- Mukesh Buch
- 17 Sep, 2013
- New York City
Aeropostale surged after activist investor increased its stake of 8%. Cvent said quarterly net swung to a loss but revenues climbed 36%. FactSet Research net climbed 28% to $51 million. Outerwall plummeted after the company lowered its third quarter outlook.
- Nigel Thomas
- 17 Sep, 2013
- New York City
Barclays fined
- Nigel Thomas
- 16 Sep, 2013
- New York City
Barclays said adjusted income fell by
- Mukesh Buch
- 16 Sep, 2013
- New York City
Packaging Corp agreed to acquire Boise for $1.27 billion. Sears intends to obtain $1 billion loan. Sohu, Sogou and Tencent form a strategic partnership and Tencent invested $448 million in cash in Sogou.
- Marcus Jacob
- 16 Sep, 2013
- New York City
Australian stocks advanced and the gains in resource and financial stocks lifted the benchmark index to a new five-year high. Australian dollar edged to a 2-month high and gold and iron ore prices in international markets gained on a rally in Asian markets.
- Mukesh Buch
- 13 Sep, 2013
- New York City
Analogic net climbed 28% and Brady net swung to loss but sales climbed 22%. Kroger sales soared 14% after sales jumped 5% and Ulta Salon sales and profit surged. United Natural Foods net jumped 28%.
- Nigel Thomas
- 13 Sep, 2013
- New York City
Fresenius agreed to acquire 43 hospitals from Rhoen-Klinikum valued
- Mukesh Buch
- 11 Sep, 2013
- New York City
Coldwater Creek plunged after same store sales declined 7.3% and loss narrowed. Restoration Hardware net swung to a loss. Synnex to buy IBM''s worldwide customer care unit valued $505 million. Verizon launched $49 billion bond. Xoom priced public offering at $30.50 per share.
- Nichole Harper
- 12 Sep, 2013
- New York City
Stocks on Wall Street edged lower and dollar was in focus and crude oil and gold trended lower after Syria tensions eased. Dell Inc shareholders approved company plan to go private in $25 billion deal. Hilton Worldwide files to raise as much as $1.25 billion. FaceBook Inc trades at a new high.
- Hiruki Nakamura
- 12 Sep, 2013
- New York City
Stocks in Tokyo fell for the second day in a row and the yen hovered near a 6-week low. Core machinery orders were unchanged in July. Mitsubishi Motors plans to raise as much as $2 billion to repurchase preferred shares held by affiliates. Sharp is expected to raise $1.5 billion.
- Marcus Jacob
- 12 Sep, 2013
- New York City
Australian look ahead to interest rate decision at the next meeting of policy makers after employment in August month declined 10,800. The broad weakness across many industries lifted hopes of another rate cut and labor participation rate declined to 65%.
- Nichole Harper
- 11 Sep, 2013
- New York City
U.S. market indexes traded sideways and rebounded in the early afternoon. Weakness in Apple dragged S&P 500 index lower. Verizon launched $49 bond offering to pay for the remaining stake in its wireless unit. Xoom Corp trades higher after it completed its secondary offering.
- Hiruki Nakamura
- 11 Sep, 2013
- New York City
Market indexes in Tokyo closed nearly flat and the yen weakened. NTT DoCoMo announced its plan to offer popular iPhone gadgets from Sept 20 to halt market share slide. Retail investors stay focused on real estate companies.
- Nigel Thomas
- 11 Sep, 2013
- New York City
Home builder Barratt said profit jumped 11% on rising housing demand. Ithaca Energy surged on positive oil field test results. Kingfisher profit soared 70% and Sports Direct profit climbed 23%. Tesco agreed to sell its U.S. based 150 Fresh & Easy stores for up to
- Marcus Jacob
- 11 Sep, 2013
- New York City
Australian market indexes closed at a 5-year after a batch of positive economic data from China and consumer confidence index gained locally. The Australian dollar firmed. Charter Hall agreed to buy Perth based shopping center from Westfield for $225 million.