- Nichole Harper
- 17 Jun, 2013
- New York City
U.S. stocks gained and market indexes added more than 1% as investors awaited Fed meeting beginning tomorrow. Also, investors looked for clues of any policy announcements from Group of Eight meeting in Northern Ireland.
- Hiruki Nakamura
- 17 Jun, 2013
- New York City
Markets in Tokyo rebounded in thin trading after 4-week of losses. The Nikkei index recovered 2.7% from the second dip in the bear market in three weeks and the yen eased 0.6%. Japan Tobacco soared 5% after it reported rising domestic cigarettes in May.
- Marcus Jacob
- 17 Jun, 2013
- New York City
Australian market indexes gained 0.7% after banks led the turnaround in the market sentiment but resource sector stocks lagged. Australia
- Mukesh Buch
- 17 Jun, 2013
- New York City
Two movie theater chain operators, Cinemax and PVR agreed to merge. Coal India plans to acquire two Australian companies for $4 billion. Emami Paper raised Rs 120 crore. M&M agreed to sell majority stake in its unit worth $116 million.
- Nigel Thomas
- 14 Jun, 2013
- New York City
European markets traded higher after the reported inflation data was in-line with estimates. European Central Bank said four banks are scheduled to repay
- Mukesh Buch
- 14 Jun, 2013
- New York City
American Superconductor declined as revenue plunged 29%. Casey
- Nichole Harper
- 14 Jun, 2013
- New York City
U.S. stocks were little changed and wholesale prices increased more than expected and industrial production was flat in May. Consumer sentiment also declined on the rising energy prices.
- Nigel Thomas
- 14 Jun, 2013
- New York City
Barry Callebaut placed new 318,858 shares at a price of about $300 million. Elan board authorized the company sale. Glencore signed revolving credit facilities for $17.3 billion. Hochtief plans to buyback up to 4,313,000 shares worth
- Hiruki Nakamura
- 14 Jun, 2013
- New York City
Stocks in Japan recovered after the Nikkei index fell to a bear market territory with a sharp drop of 20% from a peak on May 22. Nikkei gained 1.9% and the broader Topix increased 1.2%. The yen closed near 95 against one dollar.
- Marcus Jacob
- 14 Jun, 2013
- New York City
Australian market indexes closed higher following gains on Wall Street and in Asian markets. The Australian dollar dipped to a new 3-year low but recovered at close. News Corp chief, 82 year old, Rupert Murdoch filed to divorce his 44 year wife after 14 years of marriage.
- Mukesh Buch
- 14 Jun, 2013
- New York City
Bharti Airtel promoter group increased its stake in the company. Ess Dee fourth quarter sales and profit climbed. Unilever won approval to increase its stake in Hindustan Unilever. RCom agreed to sale its DTH business to Sun Group.
- Mukesh Buch
- 13 Jun, 2013
- New York City
Comverse sales jumped and net loss narrowed. Clearwire requests shareholders to accept cash offer of Dish Network and not from Sprint. Gannett agreed to acquire Belo Corp. for $2.2 billion. Safeway sold it Canadian operations to Sobeys for C$5.8 billion in cash.
- Nigel Thomas
- 13 Jun, 2013
- New York City
BG Group sold 65.1% stake in India based Gujarat Gas for about $422 million. Centrica buy 25% stake license for total of
- Nigel Thomas
- 13 Jun, 2013
- New York City
European markets pared losses after a sharp decline in Japan dragged sentiment in Europe and Asia. World Bank lowered global growth estimate. Wholesale inflation in Germany declined for the second month in a row.
- Nichole Harper
- 13 Jun, 2013
- New York City
U.S. stocks opened lower after a plunge of more than 6% in Nikkei dragged markets in Asia and in Europe. U.S. weekly jobless claims declined 12,000 and retail sales in May increased 0.6%.