- Nigel Thomas
- 26 Aug, 2013
- New York City
AstraZeneca agree to buy U.S. based Amplimmune for $500 million. ING sold its 90% stake of its South Korean business for
- Hiruki Nakamura
- 26 Aug, 2013
- New York City
Stocks in Tokyo closed lower in choppy trading as investors awaited more reforms and clarity on the widely expected and unpopular move to increase sales tax. Builders and real estate companies were in focus ahead of Summer 2020 Olympics meeting in two weeks.
- Marcus Jacob
- 26 Aug, 2013
- New York City
Australian resource stocks closed higher after gold touched a 3-month high. Earnings were in focus and Boart Longyear swung to a loss. Caltex Australia reported bumper first-half profit. M2 Telecom Group lifted full-year outlook. NIB Holdings annual net eased.
- Mukesh Buch
- 26 Aug, 2013
- New York City
GAIL and Qatar are in talks to finalize long term natural gas purchase and a possible stake sale in Petronet LNG. Jindal Steel secured five exploration licenses in African countries. ONGC agreed to acquire a 10% stake for $2.6 billion stake in Mozambique oil field.
- Hiruki Nakamura
- 23 Aug, 2013
- New York City
Nikkei index in Tokyo jumped 2.2% and electronics makers and automobile companies led the gainers as the yen declined to one-month low. Tokyo Electric Power declined 5% after the government demanded secured water tanks to store radioactive water.
- Marcus Jacob
- 23 Aug, 2013
- New York City
Stocks in Australia closed higher and investors digested a flood of earnings. Billabong received a revised takeover offer from a consortium of investors. Crown Limited said annual net income increased 23%. Lend Lease annual income increased 10%.
- Mukesh Buch
- 23 Aug, 2013
- New York City
Autodesk net slid 4% and sales fell 1%. Dollar Tree net jumped 5% and Foot Locker net climbed 12%. Gap net surged 20%. Nordson profit fell 3% but sales jumped 6%. Ross Stores net climbed 17%.
- Nigel Thomas
- 23 Aug, 2013
- New York City
Afren profit tumbled 21.1% but revenue grew. Bachem net surged 43% to 10.4 million francs as sales climbed 7%. Flsmidth said profit for the quarter plunged 36% as order intake declined 22% but revenue jumped 14% and the company lowered its fiscal outlook.
- Mukesh Buch
- 23 Aug, 2013
- New York City
Bajaj Corp agreed to acquire Nomarks to enter skin care market. Baring Private Equity acquired 42% stake of Hexaware for $400 million. NHPC plans to buy back shares worth Rs 1,600 crore.
- Mukesh Buch
- 22 Aug, 2013
- New York City
Abercrombie & Fitch net plunged 33% and Buckle net slid 2%. Cato net swung to a loss. Children''s Place and Sears Holdings net loss widened. Hormel Foods net fell 1% to $113.6 million. Hewlett-Packard swung to a profit $1.4 billion.
- Nichole Harper
- 22 Aug, 2013
- New York City
U.S. stocks advanced after manufacturing reports at home and in China showed an advance. Initial jobless claims rose 13,000 but 4-week average declined. Sears net loss widens and Abercrombie net plunged 33%. HP net swung to quarterly profit.
- Nigel Thomas
- 22 Aug, 2013
- New York City
Carillion profit soared 9% and agreed to acquire Analytical Flow Products for
- Hiruki Nakamura
- 22 Aug, 2013
- New York City
Stocks in Tokyo closed lower and in weak trading volume and investors focused on improving manufacturing data from China and ongoing concern about the early withdrawal of stimulus in the U.S.
- Marcus Jacob
- 22 Aug, 2013
- New York City
Trading volume on Australian exchanges recovered near the high for the year after earnings reports from Fortescue Metals, Origin Energy, Seven West Media, Tatts Group and Toll Holdings. Fortescue reported a sharp jump in sales and earnings.
- Mukesh Buch
- 22 Aug, 2013
- New York City
Bajaj Corp agreed to acquire Nomarks from Ozone Ayurvedics. Ind-Swift net loss narrowed. Jaiprakash Associates plans to sell a stake in its cement unit to UltraTech Cement. L&T secured orders valued Rs. 1,504 crore. Reliance finalizes terms for $1.75 billion foreign loans.