- Mukesh Buch
- 30 May, 2013
- New York City
Big Lots net plunged 21%. Bank of Montreal quarterly revenue was flat and net dropped. Costco comparable store sales climbed to 6% and net surged. DISH Network revised its offer for Clearwire to $4.40 a share in cash. Joy Global profit tumbled.
- Nichole Harper
- 30 May, 2013
- New York City
Stocks and indexes in New York traded higher and the economic growth in the first quarter was lowered in the second quarter. Pending home sales index increased 0.3% to the highest level since April 2010.
- Nigel Thomas
- 30 May, 2013
- New York City
Kingfisher revenue in the first quarter slid 2% and profit plunged 29%. Ryanair plans to sale stake in Aer Lingus on regulatory pressure. Tate & Lyle sales jumped but profit declined.
- Hiruki Nakamura
- 30 May, 2013
- New York City
The Nikkei index plunged 5% and the Topix index dropped 3.8% as investors feared market surge may have been overdone. The yen eased and electronics exporters and automakers led the decliners. Fast Retailing plunged 11%.
- Marcus Jacob
- 30 May, 2013
- New York City
Australian indexes slipped on the global uncertainties but the dollar rebounded after private sector capital spending was lower than expected in March quarter. Online spending increased to 6% of total retail sales according to a private survey.
- Mukesh Buch
- 30 May, 2013
- New York City
Cadila Health net surged 54% but Cipla net declined 8%. IOC net profit climbed but ONGC profit plunged. M&M net surged. Madras Cements and NMDC net tumbled. Tata Motors net swung to a loss. Torrent Power net plunged.
- Nigel Thomas
- 29 May, 2013
- New York City
De La Rue revenue dropped 8% but pre-tax profit for the year jumped 57% to
- Nichole Harper
- 29 May, 2013
- New York City
On Wall Street indexes fell and European markets dropped more than 1.5%. The dollar edged higher and trading sentiment was driven by the Fed bond buying timetable uncertainty. Smithfield Foods agreed to a deal from China based company. Stewart Enterprises agreed to a merger with Service Corp.
- Nigel Thomas
- 29 May, 2013
- New York City
European markets accelerated the decline in early afternoon from the 10% surge in six weeks on the uncertainty surround when the Fed plans to trim buying. Market indexes across the region fell as much as 1.8% and the euro weakened.
- Mukesh Buch
- 29 May, 2013
- New York City
Aditya Birla Nuvo sales and profit jumped. Godrej net surged and HDIL net swung to loss. Hindalco and NHPC profit plunged more than 25%. Power Grid and REC net climbed. Sun Pharma net soared 23% and Vardhman profit surged.
- Hiruki Nakamura
- 29 May, 2013
- New York City
Nikkei index in Tokyo closed higher as retail investors increased stock exposure and the yen weakened. Life insurance companies gained after 10-year Japanese government bond yield rose to 0.95%.
- Marcus Jacob
- 29 May, 2013
- New York City
Australian market index inched up for the second day in a row after five-day sell-off. Construction work in the March quarter unexpectedly declined. New home sales increased 3.9% to 6,000 units in April.
- Mukesh Buch
- 28 May, 2013
- New York City
Bank of Nova Scotia revenue and net jumped. Campbell Soup agrees to acquire Plum Organics. Fidelity National acquires LPS for $2.9 billion. Tiffany net rose as sales climbed. Valeant agree to acquire Bausch & Lomb in $8.7 billion in cash.
- Nigel Thomas
- 28 May, 2013
- New York City
AstraZeneca agreed to acquire Omthera for $323 million. A.G. Barr profit for the year dropped 9% as carbonates revenue climbed 7%. The Crown Estate invests