- Nigel Thomas
- 06 Dec, 2013
- New York City
Berkeley profit climbed 22% to
- Marcus Jacob
- 06 Dec, 2013
- New York City
Australian market index closed lower and for the week fell 2.5%. Fortescue reaffirmed its target to cut debt more than half but did not set the timetable. Competition commission limited the fuel discounts Woolworths and Coles can charge. Qantas debt was downgraded to a junk rating.
- Mukesh Buch
- 06 Dec, 2013
- New York City
Cairn India bids for one oil and gas exploration block in Sri Lanka. Lupin launched generic version of capsules in the U.S. MphasiS net declined 9% and revenue surged 20%. Tata Motors plans to invest
- Nichole Harper
- 05 Dec, 2013
- New York City
U.S. stocks searched for a direction and the dollar declined after the European Central Bank held its key lending rate. U.S. economic growth in the third quarter was revised higher to 3.6%. Weekly jobless claims fell 23,000 to 298,000.
- Hiruki Nakamura
- 05 Dec, 2013
- New York City
Stocks in Tokyo declined after market indexes advanced for two days in a row. The yen gained 0.3%. Japan Tobacco acquired 20% stake in Russia based tobacco distributor. Seven & I acquired 45% stake in a department store operator Barneys Japan Co. Ltd. for an undisclosed sum.
- Marcus Jacob
- 05 Dec, 2013
- New York City
Australian indexes plunged 1.4% and the dollar weakened further. Australian trade deficit in October widened to $529 million. Qantas plans to cut 1,000 jobs and may sell a stake in Jetstar. Westfield gained full control of retail complex at New York World Trade Center.
- Nigel Thomas
- 05 Dec, 2013
- New York City
DS Smith profit surged 65%. Getinge offered to acquire Pulsion Medical Systems for
- Mukesh Buch
- 05 Dec, 2013
- New York City
Bharti Airtel raised
- Nichole Harper
- 04 Dec, 2013
- New York City
U.S. new home sales surged at the fastest pace in three decades in October. A separate report showed trade gap in the month declined 5.4% to $40.6 billion on lower petroleum products deficit. Market averages declined and stocks in Europe closed lower.
- Hiruki Nakamura
- 04 Dec, 2013
- New York City
Stocks in Tokyo fell a day after averages closed at a six-year high. The yen rebounded from a six-month low. Toyota and Nissan increased U.S. sales in November but Honda sales declined. Sony PlayStation PS 4 sales are ahead of expectations.
- Mukesh Buch
- 04 Dec, 2013
- New York City
Bob Evans net fell 3% and sales surged 19%. Express, the specialty retailer
- Nigel Thomas
- 04 Dec, 2013
- New York City
Deutsche Bank fined
- Marcus Jacob
- 04 Dec, 2013
- New York City
Australian markets halted a 3-day slide in a broad rally that included banks, miners and energy stocks. Dick Smith closed flat on the first day of trading and the electronics retailer raised $315 million in an offering. Nine Entertainment set its initial price and valued the company at $1.9 billion.
- Mukesh Buch
- 04 Dec, 2013
- New York City
GMR Infra plan to sell Emco Energy Ltd. Godrej Properties to buy back 49% stake in a Kolkata subsidiary. Mahindra Holidays sold its stake in two Austrian subsidiaries. RCom raised mobile internet data rates and reduced data limits.