- Hiruki Nakamura
- 13 Jan, 2015
- New York City
Nikkei index in Tokyo closed lower and the yen traded around 119 against one dollar. Japan reported better-than-expected current account balance, fifth monthly surplus in a row. Aeon plunged 6% after the supermarket operator reported 72% plunge in operating profit.
- Nigel Thomas
- 13 Jan, 2015
- New York City
Areva and consortium lost nuclear decommissioning contract worth about
- Marcus Jacob
- 13 Jan, 2015
- New York City
Australian market indexes fell following weak crude oil prices. China reported better-than-expected December month trade surplus of $49.5 billion. Rio Tinto announced $2.5 billion investment in India and also plans to begin uranium shipments to India in two years.
- Mukesh Buch
- 13 Jan, 2015
- New York City
Seventh biennial Vibrant Gujarat drew investors from around the world but investment commitments are rarely followed through. IndusInd Bank net climbed 29%. RCom secured contract worth 750 crore rupees from the India-based and UK-focused Vertex.
- Nichole Harper
- 12 Jan, 2015
- New York City
Market averages in New York extended losses after the S&P 500 index closed down for the second week in a row. The sustained oil price decline as left investors debating the broader implications on the world economic growth outlook and the benefit to the U.S. consumers.
- Mukesh Buch
- 12 Jan, 2015
- New York City
AmerisourceBergen agreed to acquire MWI Veterinary Supply for about $2.5 billion. Kellogg plans to acquire 86% stake in Egypt-based biscuit maker. SanDisk tumbled on weak forecast. Tekmira Pharma agreed to acquire OnCore Biopharma to form new company.
- Marcus Jacob
- 12 Jan, 2015
- New York City
Australian indexes closed lower and the Aussie dollar edged up in thin trading as oil prices eased. Fairfax Media acquired the remaining 50% stake in Metro Media Publishing for $72 million.
- Nigel Thomas
- 12 Jan, 2015
- New York City
Aer Lingus Group rejected IAG
- Mukesh Buch
- 12 Jan, 2015
- New York City
Investors from U.S., Japan and Australia announce investment plans at Vibrant Gujarat summit. Adani struck a partnership with Australia-based Woodside Energy for energy exploration and invest $4 billion in partnership with U.S.-based SunEdison Inc in Gujarat.
- Nichole Harper
- 09 Jan, 2015
- New York City
Market indexes in New York declined as much as 1.1% after December month jobs increase was better-than-expected and jobless rate dropped to 5.6%. However, wages declined 0.2%. In 2014, employers at all levels added monthly 246,000 net new jobs after adding 196,000 a month in 2013.
- Mukesh Buch
- 09 Jan, 2015
- New York City
Acuity Brands net soared 15% on 12% increase in revenues. AZZ net jumped 9%. Bed Bath & Beyond profit declined 5% after revenues rose 3%. PriceSmart net dropped 5% but revenues climbed 8%. XL agreed to acquire Catlin Group for $4.2 billion.
- Nigel Thomas
- 09 Jan, 2015
- New York City
Laird Plc plunged 9% despite the engineering company reaffirmed its fourth-quarter outlook. Sodexo revenues in the first-quarter climbed 4.7% to
- Hiruki Nakamura
- 09 Jan, 2015
- New York City
Nikkei index in Tokyo gained in subdued trading and the yen traded near 119 against the U.S. dollar. Stable oil prices and low inflation in China also added to caution in Tokyo trading. Convenience store chain operator, Seven & I reported better-than-expected nine-month sales.
- Marcus Jacob
- 09 Jan, 2015
- New York City
Australian market indexes jumped 1.6% after oil price stabilized and international markets advanced. Inflation index in China was nearly flat at 1.5% in December prompting calls for more policy measures from the government.
- Mukesh Buch
- 09 Jan, 2015
- New York City
Infosys soared 5% after the second largest software services provider reported better-than-expected results and offered an improved outlook. ABB won a contract Rs 256 crore in Sri Lanka. NBCC secured an order worth Rs 1,237 crore in Odisha. Tech Mahindra acquire Geneva-based Sofgen Holdings.