- Nichole Harper
- 25 Mar, 2013
- New York City
Stocks on Wall Street advanced and extended gains in European markets after Cyprus and European lenders struck a deal and averted a crisis in the euro zone. Dell received two alternative proposals from Blackstone Group and investor Carl Icahn. Apollo Group soared 10% on better than expected results.
- Nigel Thomas
- 25 Mar, 2013
- New York City
Centrica agreed to buy natural gas from Cheniere worth
- Hiruki Nakamura
- 25 Mar, 2013
- New York City
The yen eased and the benchmark index rebounded after European regulators averted a brewing financial crisis linked to Cyprus that threatened to spill over in the currency union. Consumer finance, securities brokers and auto maker led the gainers.
- Marcus Jacob
- 25 Mar, 2013
- New York City
Australian stocks rebounded and participated in Asia-wide rally after Cyprus struck a deal with European lenders for an emergency bailout that will avoid taxing deposits that are insured by the European Union.
- Mukesh Buch
- 25 Mar, 2013
- New York City
Colgate India agreed to transfer a division to a parent company controlled subsidiary for $11 million. Cairn India lowered its energy production target for 2014. Dr. Reddy
- Nichole Harper
- 22 Mar, 2013
- New York City
Market indexes shrugged off rising tensions in the euro zone. The dollar gained against the euro zone. Better than expected results from Tiffany, Nike and Darden Restaurants lifted market sentiment. Markets in Asia fell but in Europe erased early losses.
- Mukesh Buch
- 22 Mar, 2013
- New York City
Darden Restaurants third quarter net declined 18% and Nike net surged 55% to $866 million. rue21 fourth quarter net slipped 11%. Supervalu sold its five retail grocery banners valued $3.3 billion. Tiffany fourth quarter net edged up.
- Nigel Thomas
- 22 Mar, 2013
- New York City
BP plans to buy back $8 billion in shares and completed 50% stake sale in its Russian venture to Rosneft. Homeserve lowered its outlook. Mulberry said profit before tax for the year is expected to below market expectations. Schroders agree to buy Cazenove Capital.
- Hiruki Nakamura
- 22 Mar, 2013
- New York City
Stocks in Tokyo fell sharply on the growing uncertainties in the euro zone. The yen gained and commodities eased in Tokyo trading. Broadleaf, a software developer surged 37% on the first day of its trading in Tokyo.
- Marcus Jacob
- 22 Mar, 2013
- New York City
Stocks in Sydney traded higher after a decline for 4-days and the benchmark index closed down 3%, largest fall in a year. Banks led the advance.
- Mukesh Buch
- 22 Mar, 2013
- New York City
Cairn India began sale of natural gas in Gujarat. HDFC plans to raise $92 million through a bond offering. HCL launch ME tablet in Turkey. ING Vysya becomes 100% subsidiary of Exide. SAIL secondary issue 98% subscribed.
- Barry Randall
- 21 Mar, 2013
- New York City
European markets declined for the third day in a row as the latest read on manufacturing in the region was weaker than expected. The euro eased against the dollar after the European Central Bank set a firm deadline for the acceptance of bailout for Cyprus.
- Nichole Harper
- 21 Mar, 2013
- New York City
Market indexes on Wall Street declined after a positive report on the housing market failed to overshadow growing uncertainties in the euro zone. Existing home sales and median home sale price increased in February.
- Mukesh Buch
- 21 Mar, 2013
- New York City
Guess Inc said fourth quarter net plunged 11%. Jabil Circuit second quarter net dropped 9%. KB Home loss narrowed as revenue jumped 59%. Lululemon fourth quarter net climbed 49% and Oracle third quarter net was lower than expected.
- Nigel Thomas
- 21 Mar, 2013
- New York City
Brenntag reported annual net soared 21% to