- Nichole Harper
- 22 Aug, 2014
- New York City
Stocks on Wall Street advanced and the S&P 500 index is set to gain the most since April. Dynegy agreed to acquire 12,500 megawatts of coal and gas power plants for more than $6 billion.
- Mukesh Buch
- 22 Aug, 2014
- New York City
Dynegy agreed to acquire coal and gas assets from Duke Energy and Energy Capital Partners for $6.3 billion. Foot Locker net soared 39%. Gap profit jumped 10%. Hibbett Sports net plunged 20%. Nordson fell 2%. Ross Stores net soared 12%. Salesforce.com net swung to a loss.
- Nigel Thomas
- 22 Aug, 2014
- New York City
Arcadis agreed to acquire 15.6% stake in Hyder Consulting on a revised offer of
- Hiruki Nakamura
- 22 Aug, 2014
- New York City
Stocks in Tokyo closed lower and for the week the Nikkei index gained 1.5%. The yen weakened and construction companies led the market decline. The yen registered the largest weekly loss since March.
- Marcus Jacob
- 22 Aug, 2014
- New York City
Australian indexes extended gains by 0.1% and gained 1.4% in the week on better than expected domestic earnings. In the coming week, Qantas Airways, Woolworths and WorleyParsons are scheduled to release earnings.
- Mukesh Buch
- 22 Aug, 2014
- New York City
Arvind plans to open 40 stores in a retail venture with the U.S.-based retailer Gap. Hotel Leela and U.K. based Carnival Group discuss acquisition. L&T received total contract worth Rs 1,832 crore in July.
- Nichole Harper
- 21 Aug, 2014
- New York City
U.S. market indexes traded higher after morning weakness. Bank of America agreed to pay $16.5 billion in fees and settlements to the U.S. Department of Justice. Family Dollar rejected $9 billion offer from Dollar General on anti-trust approval worries.
- Mukesh Buch
- 21 Aug, 2014
- New York City
Buckle net fell 2%. Dollar Tree net slipped 3% while sales jumped. Family Dollar rejected $9 billion acquisition offer of Dollar General. Hewlett-Packard profit plunged 29% after revenue barely rose 1%. L Brands net climbed 5%. Sears net loss widened.
- Nigel Thomas
- 21 Aug, 2014
- New York City
Costain profit doubled after revenue soared 18% to
- Hiruki Nakamura
- 21 Aug, 2014
- New York City
Stocks in Tokyo closed higher and extended two-week advance and the weaker yen helped corporate earnings. The latest private survey showed manufacturing in Japan increased in August but the growth rate declined in China.
- Mukesh Buch
- 21 Aug, 2014
- New York City
Bhushan Steel declined 52-week low after financial crises and net debt jumped to $5.9 billion. Electrotherm India net loss widened. Maxwell profit rose 3%. Shilpa Medicare net climbed 13%. Signet net jumped 11%.
- Marcus Jacob
- 21 Aug, 2014
- New York City
Australian market indexes extended gains for the sixth session in a row but gains were trimmed in the afternoon after a private survey in China showed a marked decline in growth in manufacturing. Breville plunged 18% after CEO Jack Lord resigned. AMP net declined 3%.
- Mukesh Buch
- 20 Aug, 2014
- New York City
American Eagle net tumbled 70%. Hertz plunged after the rental services provider withdrew its outlook. Lowe
- Nichole Harper
- 20 Aug, 2014
- New York City
Stocks on Wall Street advanced after lackluster morning trading ahead of Fed minutes of meeting release. Central bankers are scheduled to meet at the annual gathering organized by the Fed tomorrow. Target lowered its annual outlook. Hertz withdrew its forecast.
- Nigel Thomas
- 20 Aug, 2014
- New York City
Balfour Beatty rejected third revised takeover offer from Carillion. Carlsberg profit climbed 7% to 2.2 billion kronor. Glencore net swung to profit of $1.7 billion. Heineken net fell 1% to