- Mukesh Buch
- 14 Mar, 2014
- New York City
Anacor Pharma net swung to profit after sales surged. Aeropostale tumbled after net loss widened. Buckle profit and sales dropped. Hibbett Sports net plunged 13%. Ulta Salon net climbed 9%. Wix.com agreed to acquire mobile application builder Appixia.
- Nigel Thomas
- 14 Mar, 2014
- New York City
Ocado reported sales increase of 23% to
- Mukesh Buch
- 14 Mar, 2014
- New York City
AstraZeneca Pharma is scheduled to meet tomorrow to decide delisting. Bharti Airtel completed a bond offering of $400 million. BF Utilities plunged after promoters sold their stakes by 0.34%. KEC Intl won order worth Rs 1,200 crore. Mphasis net declined 5%.
- Mukesh Buch
- 13 Mar, 2014
- New York City
Dollar General net rose 2% and sales climbed 7%. Dex Media net loss widened and repaid $541 million of bank debt in the quarter. Genesco profit climbed 9%. Stein Mart net plunged 45% and comparable sales jumped 3.1%. Williams-Sonoma net soared 9%.
- Nigel Thomas
- 13 Mar, 2014
- New York City
Bouygues raised its bid for Vivendi''s telecom unit SFR to
- Mukesh Buch
- 13 Mar, 2014
- New York City
Infosys tumbled after the software solutions provider lowered its fiscal outlook. Jubilant Life Sciences surged after the supplements maker lifted prices of vitamin B3 by 18%. L&T secured an order worth Rs 3,655 crore in Qatar.
- Hiruki Nakamura
- 13 Mar, 2014
- New York City
Stocks in Asia and Japan closed lower after China reported weaker than expected increase in factory production, retail sales and fixed assets investments in two-month period to February. Ocean freight companies declined after Baltic Dry Index plunged 8%.
- Marcus Jacob
- 13 Mar, 2014
- New York City
Australian stocks gained after the domestic economy created more than expected jobs last month. The economy created net 47,300 jobs and jobless rate held at 6%. The labor participation rate increased to the high in a year to 64.8%.
- Mukesh Buch
- 12 Mar, 2014
- New York City
Amedisys net loss narrowed despite revenue declined 14%. Dresser-Rand net tumbled 59%. Express profit plummeted 26%. Men''s Wearhouse net loss widened and agreed to acquire Jos. A. Bank for $65 a share in cash. VeriFone net swung to a loss but lifted outlook.
- Nigel Thomas
- 12 Mar, 2014
- New York City
Adecco profit soared 48% to
- Mukesh Buch
- 12 Mar, 2014
- New York City
Gateway Distriparks increased its stake to 54.2% in Snowman Logistics. MakeMyTrip sold its 4.5 million shares to raise $115 million. SpiceJet placed an order for 42 Boeing 737 MAX aircraft valued at a list price of $4.4 billion.
- Nigel Thomas
- 11 Mar, 2014
- New York City
Chinese regulators and central bank followed with details of banking industry liberalization after President Xi Jinping laid out a framework in November. Five private banks will be permitted to launch banks as early as next years.
- Nichole Harper
- 11 Mar, 2014
- New York City
Stocks on Wall Street paused and investors digested latest earnings announcements. Most companies have exceeded the low earnings expectations but retailers struggle and harsh winter played a role in consumer spending and construction sector.
- Nigel Thomas
- 11 Mar, 2014
- New York City
Fenner, the maker of polymer products lowered first-half outlook. Geberit net soared 13% and sales grew 5%. Galenica profit surged 16% to 296 million francs. Germany based reinsurer Hannover Ru net climbed 5%. Inchcape profit jumped 7% to