- Nigel Thomas
- 19 Jun, 2013
- New York City
Berkeley Group revenue for the year soared 32% and profit-after-tax surged 33% to
- Marcus Jacob
- 19 Jun, 2013
- New York City
Australian stocks closed higher but the dollar struggled as iron ore prices remained weak in international trading. Rio Tinto eliminated 500 middle management positions in its iron ore division.
- Mukesh Buch
- 19 Jun, 2013
- New York City
Bhel secured contract worth $90 million. ICICI Bank raised $100 million through a Chinese debt market offering. Religare promoters reduce their stakes worth $182 million and apply for a banking license. Vakrangee promoters increased their stake.
- Mukesh Buch
- 18 Jun, 2013
- New York City
FactSet Research third quarter sales jumped and net climbed 11%. Hormel Foods lowered its earnings outlook for fiscal 2013. Motorcar Parts fourth quarter net loss widened. Mechel first quarter net swung to a loss.
- Nigel Thomas
- 18 Jun, 2013
- New York City
Aggreko anticipates group revenues in the first half to climb 5%. Chemring Group secured order worth $25.2 million. Co-operative Bank plan to raise
- Hiruki Nakamura
- 18 Jun, 2013
- New York City
Market indexes in Tokyo edged lower and hugged the recent bear market level after smaller investors continued to sell stocks. However, foreign and domestic large investors added net positions to cyclical and real estate companies on the expectations of rising profits.
- Marcus Jacob
- 18 Jun, 2013
- New York City
Australian market indexes trended lower and the dollar remained under pressure. The rate setting committee at the central bank showed willingness to lower reference rates despite the recent weakness in the dollar. Lynas decided to drop a defamation case against a Malaysian activist group.
- Mukesh Buch
- 18 Jun, 2013
- New York City
L&T is bidding for defense contracts of $1.4 billion. RCom surged after new national roaming regulations. VA Tech Wabag secured order worth Rs 262 crore from Nepal.
- Nichole Harper
- 17 Jun, 2013
- New York City
U.S. stocks gained and market indexes added more than 1% as investors awaited Fed meeting beginning tomorrow. Also, investors looked for clues of any policy announcements from Group of Eight meeting in Northern Ireland.
- Hiruki Nakamura
- 17 Jun, 2013
- New York City
Markets in Tokyo rebounded in thin trading after 4-week of losses. The Nikkei index recovered 2.7% from the second dip in the bear market in three weeks and the yen eased 0.6%. Japan Tobacco soared 5% after it reported rising domestic cigarettes in May.
- Marcus Jacob
- 17 Jun, 2013
- New York City
Australian market indexes gained 0.7% after banks led the turnaround in the market sentiment but resource sector stocks lagged. Australia
- Mukesh Buch
- 17 Jun, 2013
- New York City
Two movie theater chain operators, Cinemax and PVR agreed to merge. Coal India plans to acquire two Australian companies for $4 billion. Emami Paper raised Rs 120 crore. M&M agreed to sell majority stake in its unit worth $116 million.
- Nigel Thomas
- 14 Jun, 2013
- New York City
European markets traded higher after the reported inflation data was in-line with estimates. European Central Bank said four banks are scheduled to repay
- Mukesh Buch
- 14 Jun, 2013
- New York City
American Superconductor declined as revenue plunged 29%. Casey
- Nichole Harper
- 14 Jun, 2013
- New York City
U.S. stocks were little changed and wholesale prices increased more than expected and industrial production was flat in May. Consumer sentiment also declined on the rising energy prices.