- Mukesh Buch
- 08 Mar, 2013
- New York City
Colgate-Palmolive board approved a 2-for-1 stock split. Hindustan Motors February sales surged 166.5%. Kalpataru Power secured orders worth more than $300 million. NYSE Euronext postponed 4.8% stake sale in MCX.
- Mukesh Buch
- 07 Mar, 2013
- New York City
Ciena first quarter net loss narrowed. Nexstar fourth quarter net surged to $161 million and PetSmart net jumped 6.2% to $134 million. Staples net jumped 72%. Time Warner plans to spinning off its magazine unit Time Inc. Vail Resorts net climbed 30%.
- Nichole Harper
- 07 Mar, 2013
- New York City
U.S. stocks extended gains after the weekly jobless claims declined to the lows in January. January trade deficit widened on higher than expected import of crude oil.
- Barry Randall
- 07 Mar, 2013
- New York City
European markets traded higher across the region and ECB and Bank of England left key lending rate on hold. Swiss National Bank said it spent nearly $200 billion to defend the rate cap at 1.20 to one euro. French jobless rate surge to a 13-year high and German factory orders declined.
- Nigel Thomas
- 07 Mar, 2013
- New York City
Aviva said loss for the year swung to
- Hiruki Nakamura
- 07 Mar, 2013
- New York City
Bank of Japan left its bond buying program unchanged at the last meeting chaired by Governor Shirakawa. The yen eased and market indexes extended gains for the sixth day in a row.
- Marcus Jacob
- 07 Mar, 2013
- New York City
Australian indexes rested after a solid surge in last four weeks. Trade deficit widened in January on lower shipments of coal and iron ore largely related to weather conditions. Construction activities declined for the 33rd month in a row in February.
- Mukesh Buch
- 07 Mar, 2013
- New York City
Bank of India raised $170 million from the central government. DLF board approved stock offering. Gitanjali plans to raise $250 million. NYSE Euronext sold 4.79% stake in MCX. Tata Sons and AirAsia won a government approval for its discount carrier investment proposal.
- Bikram Pandey
- 06 Mar, 2013
- New York City
Stocks on Wall Street extended gains and orders for machinery and factory goods that signal business investment surged in January. Private sector also added net new 198,000 jobs. The euro eased ahead of the ECB meeting. The Bank of Japan is expected to accelerate monetary easing.
- Hiruki Nakamura
- 06 Mar, 2013
- New York City
Tokyo stocks surged following the market advance in New York. The Nikkei soared to a new 4-year high and the yen eased as the central bank starts its last meeting under the present Governor Shirakawa.
- Mukesh Buch
- 06 Mar, 2013
- New York City
American Eagle fourth quarter net jumped 85% and Big Lots net rose 5%. AeroVironment third quarter net declined 33% and Fresh Market second quarter net climbed 13%. Seaspan net surged 151%. VeriFone first quarter net swung to $11.84 million profit.
- Marcus Jacob
- 06 Mar, 2013
- New York City
Australian GDP expanded at 0.6% in the December quarter and gained 3% in 2012, the fastest annual growth since 2007. However, the economic growth was uneven and growth drivers were softer than expected.
- Mukesh Buch
- 06 Mar, 2013
- New York City
Mavi Investment Fund sold 75 million shares of Adani Power. AstraZeneca India promoters reduce their stake in the company. Dish TV board approved divestment of Singapore arm. Central government divested 12.5% stake in Rashtriya Chemicals.
- Nigel Thomas
- 06 Mar, 2013
- New York City
Admiral Group fiscal profit jumped 17% to
- Nichole Harper
- 05 Mar, 2013
- New York City
Stocks on Wall Street extended gains on economic optimism. The narrow and legacy Dow Jones Industrial average surpassed previous intraday record in 2007. Service industry index gained at a fastest pace in a year.