- Mukesh Buch
- 29 Nov, 2013
- New York City
Alphageo won seismic data analysis contracts. Heidelberg Cement plans to issue convertible-debentures. Il&Fs subsidiary won a contract of $70 million in Ukraine. MRF net soared 12% after sales jumped 5%. Tech Mahindra and MES plan to merge.
- Nichole Harper
- 27 Nov, 2013
- New York City
Stocks on Wall Street gained and initial jobless claims last week declined. Durable goods orders fell in October 2% and volatile commercial aircraft orders plunged 16%. CVS agreed to acquire infusion service provider for $2.1 billion. Bankruptcy judge approved a merger between American and US Air.
- Hiruki Nakamura
- 27 Nov, 2013
- New York City
Stocks in Tokyo declined after rising for two days in a row and the yen traded near the three-month low. Honda Motor began construction at a manufacturing plant in Brazil. Hitachi agreed to acquire India based payment processor Prizm Payment Services.
- Mukesh Buch
- 27 Nov, 2013
- New York City
AeroVironment net tumbled 81%. Barnes & Noble net surged and revenues declined. Hewlett-Packard swung to a profit. Infoblox said net loss widened and revenue soared 28%. Nuance Communications net swung to a loss. TiVo net plummeted 79% but sales climbed 43%.
- Marcus Jacob
- 27 Nov, 2013
- New York City
Stocks in Sydney trading closed lower after steady gain in the morning trading. Australian dollar dipped to a three-month low. Archer Daniels Midland revised its offer for Graincorp and offered to invest in distribution infrastructure.
- Nigel Thomas
- 27 Nov, 2013
- New York City
Accor dropped after a stake sale and a decision to split the company. Generali plans to reduce
- Mukesh Buch
- 27 Nov, 2013
- New York City
Bharti Airtel plan to sell bonds in Europe to raise $1 billion ahead of spectrum auction. Cairn India launched $1 billion stock buyback program. Thermax secured order worth Rs 269 crore. Voltas won three orders of Rs 1,000 crore in the Middle-East.
- Nichole Harper
- 26 Nov, 2013
- New York City
Stocks advanced and extended year-to-date gains. Metropolitan home prices index increased in September. Building permits jumped to a five-year high in October and consumer confidence index declined to a seven-month low.
- Hiruki Nakamura
- 26 Nov, 2013
- New York City
The latest Bank of Japan policy committee meeting minutes showed growing agreement among policy makers that the inflation target of 2% is not likely to be reached before the end of the current fiscal year. Also, economic growth is expected to slowdown in fiscal 2014.
- Mukesh Buch
- 26 Nov, 2013
- New York City
Cracker Barrel net soared 18%. DSW net jumped 10%. Hormel Foods net climbed 19%. Men
- Nigel Thomas
- 26 Nov, 2013
- New York City
Algeta received preliminary acquisition offer from Bayer AG. Britvic profit climbed 8%. De La Rue reported flat yearly profit. KCOM profit edged up. Mitchells & Butlers net doubled to
- Marcus Jacob
- 26 Nov, 2013
- New York City
Stocks in Sydney traded higher in choppy trading and Aussie dollar edged up. Banks traded near record high prices as investors rotated out of resource stocks and a rating agency reaffirmed its view on the health of banking sector. Bega Cheese extended its offer deadline for Warnambool.
- Mukesh Buch
- 26 Nov, 2013
- New York City
Gammon India net loss widened. Kalpataru Power secured orders worth Rs 1,007 crore. L&T sell a minor stake in L&T Finance. Yes Bank jumped after Morgan Stanley Asia sold its stake.
- Nichole Harper
- 25 Nov, 2013
- New York City
Stocks on Wall Street fell in quiet trading as investors look to lock in gains for the year. The dollar gained and crude oil futures prices declined after a deal with Iran and Western powers. Pending home sale index in October eased 0.6%. In the year so far, the Nasdaq index has gained 33%.
- Hiruki Nakamura
- 25 Nov, 2013
- New York City
Nikkei index in Tokyo surged 1.5% and extended year-to-date gain to 50% as the yen weakened. The yen dropped to a four-year low and exporters and automakers led the gainers.