- Nichole Harper
- 12 Aug, 2013
- New York City
U. S. stocks eased and investors looked ahead to the release of U.S. Treasury deficit later in the day and retail sales data tomorrow. BlackBerry formed a special committee to explore strategic alternatives. Dole Food Company agreed to go private for $1.6 billion.
- Mukesh Buch
- 12 Aug, 2013
- New York City
Campbell Soup plans to sell its European business. Dole Food agreed to private for $1.6 billion. Pinnacle Foods agreed to buy Wish-Bone salad for $580 million in cash. Rockwell agreed to acquire Arinc for $1.4 billion.
- Nigel Thomas
- 12 Aug, 2013
- New York City
Bilfinger revenues flat and net declined 58% and the German construction company revised annual outlook. Prudential Plc said first-half profit plunged 59% to
- Hiruki Nakamura
- 12 Aug, 2013
- New York City
Stocks in Tokyo declined after gross domestic product increased less than expected but consumer spending rose and prices across the economy. Real estate stocks led the decliners. Tire maker Bridgestone revised annual income outlook.
- Marcus Jacob
- 12 Aug, 2013
- New York City
Australian indexes closed higher after a rally in resource stocks lifted sector by 2.9% and an increase in gold price supported a 7% surge in precious metal sector. James Hardie Industries said net doubled. Newcrest reported annual loss of $5.78 billion.
- Mukesh Buch
- 12 Aug, 2013
- New York City
ABB net plunged as revenues dropped. Aditya Birla Nuvo net soared. Britannia profit surged 93%. Cipla net climbed 10%. Marico profit jumped 27%. SBI net plunged 14% but revenue climbed 12%. Sun Pharma net and revenues climbed. Tech Mahindra net jumped 8%.
- Mukesh Buch
- 09 Aug, 2013
- New York City
CareFusion sales dropped but net climbed 14%. NRG Energy net plunged 48% and Nvidia net declined 19%. Priceline profit soared 24% as revenue surged 27%. Progressive net soared to 174%.
- Nichole Harper
- 09 Aug, 2013
- New York City
U.S. stock traded sideways and resource sector companies in New York, Europe and Asia traded higher after China reported better than expected increase in industrial production. American Movil offer valued Dutch telecom operator KPN for $13.7 billion.
- Nigel Thomas
- 09 Aug, 2013
- New York City
Catlin revenues climbed but net declined. KPN received takeover offer from Am
- Hiruki Nakamura
- 09 Aug, 2013
- New York City
Japanese government completed 456 billion yen 30-year bond auction that yielded 1.804%. The Nikkei index plunged 5.9% in the week as the yen strengthened. Nikon plunged 14% after quarterly net plunged 72% and camera maker lowered its fiscal year outlook.
- Marcus Jacob
- 09 Aug, 2013
- New York City
Australian market indexes struggled and Reserve Bank of Australia lowered its economic outlook to 2.25%. Australian dollar gained above 91.40 U.S. cents. Rio Tinto said it plans to go ahead with its $5.5 billion expansion at its Australian iron ore mines.
- Mukesh Buch
- 07 Aug, 2013
- New York City
Apollo Tyres net jumped. Emami net soared 30% as sales jumped 13%. Lupin profit surged 43%. NMDC net declined 18%. Tata Motors net declined 23% and company reported rising sales in emerging markets. Welspun net dropped 55%.
- Nichole Harper
- 08 Aug, 2013
- New York City
U.S. weekly jobless claims drop to the lowest since 2007. China reported improving trade data. Tesla sold more than expected electric car sales. Rio Tinto net plunges after mining industry boom wanes. T-Mobile unit of Deutsche Telekom adds more than expected new customers.
- Mukesh Buch
- 08 Aug, 2013
- New York City
AES net jumped but revenue was flat. Beam Inc net plummeted 27%. Markel Corp net plunged 69%. Prudential Financial net swung to a loss. Scripps Networks net climbed 12%. Western Digital net plunged 40%.
- Nigel Thomas
- 07 Aug, 2013
- New York City
Ferrexpo profit plunged 14% and ING Groep net dropped 13%. Old Mutual profit for the first-half declined 49%. Natixis net surged 13% to