- Nigel Thomas
- 22 Aug, 2013
- New York City
Carillion profit soared 9% and agreed to acquire Analytical Flow Products for
- Hiruki Nakamura
- 22 Aug, 2013
- New York City
Stocks in Tokyo closed lower and in weak trading volume and investors focused on improving manufacturing data from China and ongoing concern about the early withdrawal of stimulus in the U.S.
- Marcus Jacob
- 22 Aug, 2013
- New York City
Trading volume on Australian exchanges recovered near the high for the year after earnings reports from Fortescue Metals, Origin Energy, Seven West Media, Tatts Group and Toll Holdings. Fortescue reported a sharp jump in sales and earnings.
- Mukesh Buch
- 22 Aug, 2013
- New York City
Bajaj Corp agreed to acquire Nomarks from Ozone Ayurvedics. Ind-Swift net loss narrowed. Jaiprakash Associates plans to sell a stake in its cement unit to UltraTech Cement. L&T secured orders valued Rs. 1,504 crore. Reliance finalizes terms for $1.75 billion foreign loans.
- Nichole Harper
- 21 Aug, 2013
- New York City
U.S. indexes briefly rebounded after the release of Fed statement that showed a broad support for the stimulus tapering timeline. Indexes however dipped back near the low of the day. U.S. Treasury yields traded sideways. European market indexes fell. Rupee led the emerging market currency plunge.
- Hiruki Nakamura
- 21 Aug, 2013
- New York City
Stocks in Tokyo declined in lackluster trading and volume on stock exchange hovered near the yearly low. The yen weakened. Tepco, the owner and operator of crippled Fukushima Dai-Ichi nuclear power plant may seek overseas help to arrest contaminated water leak.
- Marcus Jacob
- 21 Aug, 2013
- New York City
Australian market indexes rebounded in late afternoon to trim losses. Takeover Panel approved the rescue package for Billabong International Limited. Woodside Petroleum first-half revenues increased 7.5%. Charter Hall Retail REIT estimated flat operating earnings in the current year.
- Mukesh Buch
- 21 Aug, 2013
- New York City
American Eagle net grew 3%. Intuit net swung to a loss but sales climbed. Smucker net rose 2%. Lowe
- Nigel Thomas
- 21 Aug, 2013
- New York City
Carlsberg net plunged 35%. Glanbia profit slipped 5% but revenue climbed 12%. Heineken revenue grew 3% and net tumbled 17% to
- Mukesh Buch
- 21 Aug, 2013
- New York City
Fortis Healthcare sold its remaining stake in Vietnam based hospital for $80 million. IOB plans to raise approx $500 million before end of the year. Mysore Paper loss widened.
- Nichole Harper
- 20 Aug, 2013
- New York City
U.S. stocks extended gains after retailers reported better than expected earnings. Best Buy, Home Depot and TJX reported stronger than expected quarterly results. J.C. Penney reported larger loss and sales in the quarter fell 12%. Emerging and Asian markets extended losses.
- Hiruki Nakamura
- 20 Aug, 2013
- New York City
Volatile Nikkei index in Tokyo dropped 2.6% and Japan posted its thirteenth monthly trade deficit in a row as trade gap doubles from a year ago month in July to 1 trillion yen. Emerging markets linked stocks declined.
- Marcus Jacob
- 20 Aug, 2013
- New York City
Australian indexes closed lower and consumer staples, resource and banking stocks led the decliners. Reserve Bank of Australia left the door open for a rate cut at the next meeting. BHP Billiton said annual net declined 30% to $10.9 billion. NAB third-quarter net increased to $1.7 billion.
- Mukesh Buch
- 20 Aug, 2013
- New York City
Best Buy net surged to $266 million. Dick''''''''s Sporting net surged 57%. Home Depot profit soared 18%. J. C. Penney reported net loss widened. Medtronic net jumped 10% and TJX net soared 14%.
- Mukesh Buch
- 20 Aug, 2013
- New York City
Empee Sugars net loss narrowed and HCL profit surged 130%. Hathway Cable net swung to a profit. Jaiprakash Power sells its stake in two hydro-power projects. McNally secured order worth $160 million. Siemens India won contracts in Bangladesh.