- Nigel Thomas
- 14 May, 2014
- New York City
Allianz net dropped 4% to
- Marcus Jacob
- 14 May, 2014
- New York City
Australian government focused on increasing taxes, cutting spending and repaying debt in the latest federal government budget. Stock market indexes closed nearly unchanged. A private measure of consumer confidence index declined to the lowest in six years.
- Nigel Thomas
- 13 May, 2014
- New York City
Airbus profit climbed 93% to
- Devan Biswas
- 13 May, 2014
- New York City
Market indexes in Mumbai extended surge for the third day in a row and the Sensex index closed at a record high on the expectations that the Narendra Modi led BJP and the NDA alliance will be able to form a stable government as early as next week.
- Nichole Harper
- 13 May, 2014
- New York City
U.S. indexes extended gains and Asian and European markets advanced following indexes record in yesterday
- Hiruki Nakamura
- 13 May, 2014
- New York City
Nikkei and Topix indexes in Tokyo gained and the yen strengthened on record levels in indexes in overnight trading in New York. Eisai Co said annual sales gained 4.7% but net income plunged 32%. NTT Corp annual revenues rose 2% and net gained 31%. Osaka Gas annual net tumbled 20%.
- Marcus Jacob
- 13 May, 2014
- New York City
Australian stocks gained and the Aussie dollar traded at elevated level. Seasonally adjusted home loans in March declined 1.1% but home prices across capital cities increased 1.7%. PanAust Limited rejected a takeover from a China controlled investment company.
- Mukesh Buch
- 13 May, 2014
- New York City
Bank of Baroda net and revenue climbed. Castrol net plunged 19% but sales rose. Dr. Reddy''s net declined 16% after revenue flat. Finolex profit tumbled 29% but sales soared 33%. Just Dial profit climbed 60%. PNB net plunged. Torrent Power net surged six-fold.
- Bikram Pandey
- 12 May, 2014
- New York City
Market indexes in Mumbai soared 5.5% in two days of trading after investors speculated BJP led alliance is likely to form the most stable government in three decade.
- Mukesh Buch
- 12 May, 2014
- New York City
Allergan rejected unsolicited proposal of $46 billion from Valeant Pharma. Bridgepoint Education plunged on quarterly net loss. Gogo surged after net loss narrowed. Hillshire Brands agreed to acquire Pinnacle Foods for $4.23 billion. MannKind net loss widened.
- Devan Biswas
- 12 May, 2014
- New York City
Hillshire Brands agreed to acquire Pinnacle Foods for $4.3 billion in cash and stock. Including the debt, the deal is valued at $6.6 billion. Separately, Allergan board rejected Valeant Pharmaceutical unsolicited offer of $50 billion.
- Nichole Harper
- 12 May, 2014
- New York City
Tech stocks led the S&P 500 index to a new high and deal news dominated Monday trading. Allergan rejected Valeant Pharmaceutical unsolicited offer. Hillshire Brands agreed to acquire Pinnacle Foods for $4.3 billion.
- Nigel Thomas
- 12 May, 2014
- New York City
Alstom secured a
- Hiruki Nakamura
- 12 May, 2014
- New York City
The Ministry of Finance said Japan
- Hiruki Nakamura
- 12 May, 2014
- New York City
Japan