- Marcus Jacob
- 25 Sep, 2013
- New York City
Australian stocks rebounded after declining for three days. Reserve Bank of Australia in its half-year review said home owners not to expect the repeat price gains in the last decade. David Jones reported a less than expected decline in profits.
- Nigel Thomas
- 24 Sep, 2013
- New York City
Burckhardt expects sales for the year to surge 20% but profit margin is expected to fall below estimates. Close Brothers net soared 20% to
- Mukesh Buch
- 20 Sep, 2013
- New York City
Agilent plans to split into two publicly traded companies. Cintas net barely rose 1% after revenue climbed 7%. Darden Restaurants declined 37% as same-restaurant Sales in the quarter. Tibco Software profit plunged 18%.
- Nigel Thomas
- 20 Sep, 2013
- New York City
adidas lowered its profit estimate for the year. BrainJuicer stock jumped after profit surged 81%. Daimler expects second-half sales to be ahead of comparable period a year ago. RBS sold its 20% stake in Direct Line Insurance for
- Mukesh Buch
- 19 Sep, 2013
- New York City
ConAgra net tumbled 42% but revenue surged 27%. Clarcor profit slipped 5% and IHS net declined 47% and revenue soared 25%. Oracle net climbed 8%. Pier 1 net plunged 32% and Rite Aid net swung to profit. Scholastic said net in the quarter narrowed.
- Nigel Thomas
- 19 Sep, 2013
- New York City
Asos said total sales surged 47% to
- Nigel Thomas
- 18 Sep, 2013
- New York City
Alstom cuts forecast and secured contract worth
- Mukesh Buch
- 18 Sep, 2013
- New York City
Adobe net tumbled 7% as revenue dropped 8%. Cracker Barrel slid 1% and revenue and comparable sales jumped. FedEx net soared 7% and increase the rates. General Mills profit declined 16% but sales rose 8%. U.S. Treasury sold additional stake in GM to 7.3%.
- Mukesh Buch
- 17 Sep, 2013
- New York City
Aeropostale surged after activist investor increased its stake of 8%. Cvent said quarterly net swung to a loss but revenues climbed 36%. FactSet Research net climbed 28% to $51 million. Outerwall plummeted after the company lowered its third quarter outlook.
- Nigel Thomas
- 17 Sep, 2013
- New York City
Barclays fined
- Nigel Thomas
- 16 Sep, 2013
- New York City
Barclays said adjusted income fell by
- Mukesh Buch
- 16 Sep, 2013
- New York City
Packaging Corp agreed to acquire Boise for $1.27 billion. Sears intends to obtain $1 billion loan. Sohu, Sogou and Tencent form a strategic partnership and Tencent invested $448 million in cash in Sogou.
- Marcus Jacob
- 16 Sep, 2013
- New York City
Australian stocks advanced and the gains in resource and financial stocks lifted the benchmark index to a new five-year high. Australian dollar edged to a 2-month high and gold and iron ore prices in international markets gained on a rally in Asian markets.
- Mukesh Buch
- 13 Sep, 2013
- New York City
Analogic net climbed 28% and Brady net swung to loss but sales climbed 22%. Kroger sales soared 14% after sales jumped 5% and Ulta Salon sales and profit surged. United Natural Foods net jumped 28%.
- Nigel Thomas
- 13 Sep, 2013
- New York City
Fresenius agreed to acquire 43 hospitals from Rhoen-Klinikum valued