- Marcus Jacob
- 17 Jun, 2014
- New York City
Australian market indexes opened higher after the June RBA meeting minutes showed low interest rate environment is likely to continue. Automobile sales in May rose on a monthly basis but struggled from a year ago month. Royal Dutch Shell plan to cut its stake in Woodside to 4.5%.
- Mukesh Buch
- 17 Jun, 2014
- New York City
Essar Steel secured order to supply 102,000 tons of steel pipes from Gujarat government. Hindustan Zinc rose after government plans to sell its stake worth about Rs 20,000 crore. Tata Steel plans to raise up to Rs 14,000 crore.
- Mukesh Buch
- 16 Jun, 2014
- New York City
Level 3 plans to acquire TW Telecom for $5.64 billion. Medtronic agreed to a deal to acquire Covidien for $42.9 billion. SanDisk plans to buy Fusion-IO worth $1.1 billion. Williams Companies acquired Access Midstream for $5.99 billion. Yahoo plunged after Alibaba result.
- Nichole Harper
- 16 Jun, 2014
- New York City
U.S. stocks declined after the IMF lowered its assessment of the U.S. economic outlook. Oil and gold rose after violence in Iraq intensified and Russia cutoff natural gas supplies to Ukraine.
- Nigel Thomas
- 16 Jun, 2014
- New York City
Mitchells & Butlers agreed to acquire rival operator Orchid Group for
- Hiruki Nakamura
- 16 Jun, 2014
- New York City
Tokyo stocks declined after a 3-week rally and the yen advanced on the rising prospects of a U.S. airstrike in Iraq. Fighting intensified in Iraq and the oil prices extended gains for the third week in a row.
- Marcus Jacob
- 16 Jun, 2014
- New York City
Housing industry in Australia is expected commence on 180,000 new homes in the current year, an increase of 7.1% following 10.9% rise last year. Precious metals miners led the broader market advance after indexes reversed earlier losses in the day.
- Mukesh Buch
- 16 Jun, 2014
- New York City
Bank of India is planning to raise nearly $1.5 billion. GAIL reduced its stake in Dahej, Gujarat based petrochemical project controlled by ONGC. Net 4 India net swung to a loss. TCS lowered its quarterly outlook.
- Mukesh Buch
- 13 Jun, 2014
- New York City
Allegheny agreed to acquire Hanard Machine. Amaya buys Oldford Group for $4.9 billion. Express surged after Sycamore Partners offered a 9.9% stake. Finisar tumbled on cautious outlook. Intel lifted annual revenues outlook to $53.07 billion.
- Nigel Thomas
- 13 Jun, 2014
- New York City
Bonmarche pre-tax profit surged 85% to
- Nichole Harper
- 13 Jun, 2014
- New York City
Stocks on Wall Street struggled after Iraq violence lifted oil price and supply disruption worries. Priceline agreed to acquire OpenTable for $2.6 billion. Producer prices in May fell unexpectedly.
- Arjun Dave
- 13 Jun, 2014
- New York City
Priceline Group Inc agreed to acquire OpenTable Inc. for $2.6 billion in cash. The online travel group offered $103 a share, 46% premium from to OpenTable
- Mukesh Buch
- 13 Jun, 2014
- New York City
Producer Price Index for final demand declined 0.2% in May after rising 0.6% in April, the Labor Department said today in Washington.
- Hiruki Nakamura
- 13 Jun, 2014
- New York City
Bank of Japan kept its monthly stimulus plan and lifted its assessment of foreign economies. The central bank will continue to print money at historic pace of 60 trillion yen to 70 trillion yen. Meiji Holdings agreed to acquire India based generic drug maker for $290 million.
- Mukesh Buch
- 13 Jun, 2014
- New York City
BHEL commissioned 68 megawatts hydro power plant in Himachal Pradesh. Central Bank of India board approved capital raising by issuing 71 million shares to LIC. Edelweiss Financial Services intends to issue a non-convertible debenture of Rs 200 crore.