- Mukesh Buch
- 02 Sep, 2013
- New York City
Atul Auto August sales soared 38% but Ashok Leyland and Bajaj auto sales declined. Hero MotoCorp sales grew 4% but sales at Maruti surged 61%. M&M sales dropped 17% and Tata Motors sales declined 31%. TVS sales edged up.
- Nichole Harper
- 30 Aug, 2013
- New York City
U.S. stocks traded lower and market indexes extended losses in the week to nearly 2%. Worries of imminent Syria strike receded after the UK parliament rejected a motion for a military action. World markets declined in the week and many markets registered worst month fall in fifteen months.
- Mukesh Buch
- 30 Aug, 2013
- New York City
Apache jumped after China based Sinopec acquire 33% stake in Egyptian unit for $3.1 billion. Big Lots net plunged 18% and Bebe Stores net swung to a loss. Splunk revenue soared but loss in the quarter widened. OmniVision net surged. Salesforce net swung to profit.
- Nigel Thomas
- 30 Aug, 2013
- New York City
Bwin.party plunged 13% after first-half net loss narrowed and company guided weak revenues outlook. Hermes Intl net surged 14% to
- Hiruki Nakamura
- 30 Aug, 2013
- New York City
Stocks in Japan closed down for the week and for the month and the Nikkei index declined 2% in August. Unemployment rate declined to 3.8% in June inflation in July rose to 0.7%. Investors took a cautious outlook for Japanese stocks after a sharp surge in the year and steady decline since May 23.
- Marcus Jacob
- 30 Aug, 2013
- New York City
Australian indexes gained on local earnings and growth optimism and in August registered an increase of 1.6%. Harvey Norman and Retail Food Group gained on improved annual outlook. Virgin Australia swung to a loss.
- Mukesh Buch
- 30 Aug, 2013
- New York City
Jindal Steel & Power tumbled after board approved a stock buyback plan. L&T secured new orders worth Rs 807 crore. LIC increased stake in State Bank of Inida. MphasiS net jumped 9%. REC plans to raise $544 million. Rolta India net swung to a loss.
- Mukesh Buch
- 29 Aug, 2013
- New York City
Campbell Soup net swung to a loss on lower than expected sales increase. Fresh Market net climbed 17%. Genesco net jumped 14% and Guess net gained 7%. K12 profit soared 28% as revenue surged 19%. Pall Corp sales and net edged up.
- Nichole Harper
- 29 Aug, 2013
- New York City
Market indexes on Wall Street traded higher after second quarter economic growth was revised higher and initial jobless claims fell in the last week. Verizon is in talks with Vodafone to gain full control in the wireless venture.
- Nigel Thomas
- 29 Aug, 2013
- New York City
Carrefour first-half net surged to
- Hiruki Nakamura
- 29 Aug, 2013
- New York City
Stocks in Tokyo edged higher after declining for three days in a row. Japanese government bond yields fell and the government completed the sale of $27 billion of 2-year debt.
- Marcus Jacob
- 29 Aug, 2013
- New York City
Australian market indexes closed lower and the dollar weakened as U.S. and allies prepare for a military strike against Syrian regime. New home sales declined but business spending edged up in Australia. Kingsgate tumbled on a loss. David Jones reported weak sales.
- Mukesh Buch
- 29 Aug, 2013
- New York City
Hathway Cable plans to raise $15 million. KEC Intl to sell 7.5 acre land at Thane for $33 million. L&T and consortium won order for $170 million from ONGC. Renuka Sugars sell stake in Brazilian unit worth $1.3 billion. RIL won approval to invest $3.2 billion to expand oil exploration.
- Nichole Harper
- 28 Aug, 2013
- New York City
U.S. indexes gained after a rebound in energy sector stocks as tensions in the Middle East rise. U.S. and allies prepare for a limited strike against Assad regime in Syria that could lead to a wider conflict in the region. Oil extended 3-day rally and gold eased.