- Marcus Jacob
- 04 Apr, 2013
- New York City
Australian dollar and stocks edged lower and retail sales in February increased 1.3% and new car sales jumped 7.4% in March. New home construction approvals in February rose 3.1%.
- Mukesh Buch
- 04 Apr, 2013
- New York City
Government plans to sell its 4.1% stake in Coal India to raise $3.67 billion. Crompton Greaves wins a contract worth $50 million in Netherlands. Hexaware signed a contract with the US based client worth $30 million. Diageo Plc agreed to buy a majority stake United Spirits for $2 billion.
- Nichole Harper
- 03 Apr, 2013
- New York City
U.S. market indexes pulled back after the latest data on private sector net job addition was weaker than expected. In addition, the latest survey on the dominant service sector in the economy also indicated a slowdown.
- Hiruki Nakamura
- 03 Apr, 2013
- New York City
Stocks in Tokyo surged the most in nearly two months as Bank of Japan began a two-day meeting. Expectations of accelerated and larger bond buying program from the central bank lifted the Nikkei 3%. Fast Retailing surged 14% on same store sales jump of 23%.
- Mukesh Buch
- 03 Apr, 2013
- New York City
Acuity Brands second quarter net surged 27% and ConAgra third quarter net declined 56% to $123.4 million. Conn
- Nigel Thomas
- 03 Apr, 2013
- New York City
BMW said quarterly sales in U.S. climbed 5.3% to 64,902 units. Chocolate maker Thorntons lifted profit outlook for fiscal 2013. SSE confirmed the penalty of
- Hiruki Nakamura
- 03 Apr, 2013
- New York City
Australian stocks declined and the dollar gained as commodities prices eased. New home sales tumbled 5.3% in February after rising for four months in a row.
- Mukesh Buch
- 03 Apr, 2013
- New York City
Ashok Leyland March sales slid 2%. Adani Power soared 9% after the electricity commission approved a temporary price hike to compensate for higher imported coal prices. L&T won order for Abu Dhabi Airport. RCom rose after network sharing deal worth Rs 1,200 crore with Reliance Jio Infocomm.
- Mukesh Buch
- 01 Apr, 2013
- New York City
KEC Intl won new orders worth $180 million and L&T secured order valued $1 billion and completed acquisition of Audco India. M&M March sales surged 10.6%. Supreme Court rejected cancer drug patent of Novartis. Syndicate Bank raised $500 million for its London operations.
- Nigel Thomas
- 02 Apr, 2013
- New York City
Unemployment rate in the euro zone increased to 12% in February and was revised to the same from 11.9%, according to the latest data released by the Eurostat.
- Nichole Harper
- 02 Apr, 2013
- New York City
Financial markets advanced and major indexes flirted near new highs. Factory orders increased 3% in February and auto sales in March were ahead of expectations. Nasdaq OMX Group agreed to acquire the bond trading platform eSpeed for $1.23 billion.
- Mukesh Buch
- 02 Apr, 2013
- New York City
Chrysler U.S. sales in March rose 5% and Ford and GM sales rose 6%. NASDAQ agreed to acquire eSpeed from BGC Partners, Inc. for $750 million in cash.
- Mukesh Buch
- 01 Apr, 2013
- New York City
German based private equity group Bridgepoint agreed to acquire Oasis Healthcare worth
- Hiruki Nakamura
- 02 Apr, 2013
- New York City
Stocks in Tokyo eased for the second day in a row and the yen advanced to a one-month high. Auto sales in the quarter to March declined 9.4% in Japan after government ended subsidies. Toyota sales fell 15% and Nissan declined 6% and Honda sales plunged 45%.
- Marcus Jacob
- 02 Apr, 2013
- New York City
Reserve Bank of Australia left its key rate unchanged at record low 3%. Australian dollar gained and financial stocks led the market advance. Online sales growth declined in February. Australian capital cities home prices increased 1.3% in March.