- Marcus Jacob
- 11 Jul, 2014
- New York City
Australian market indexes gained and Aussie dollar closed below 94 U.S. cents. Fortescue Metals quarterly production increased but annual production fell below guidance. Transfield Services won $250 million military base management contract.
- Nichole Harper
- 10 Jul, 2014
- New York City
Market indexes on Wall Street dropped as much as 1.5% after fresh worries resurfaced on European bank health. Portugal suspended trading in troubled Espirito Santo after the bank failed to meet its debt obligation. U.S.
- Mukesh Buch
- 10 Jul, 2014
- New York City
CHC Group net loss in the quarter widened. Family Dollar profit plunged 33% and sales rose 3%. Gencorp quarterly net loss widened. Progressive Corp net declined 10% on 5% increase in revenues. WD-40 quarterly net was flat.
- Nigel Thomas
- 10 Jul, 2014
- New York City
Burberry revenue climbed 17% to
- Hiruki Nakamura
- 10 Jul, 2014
- New York City
Stocks in Tokyo trading declined for the fourth day in a row and core machinery orders plunged 14.5% in May following 9% decline in April. Kaneko Seeds fiscal year sales increased 4.6% and net income surged 29%.
- Marcus Jacob
- 10 Jul, 2014
- New York City
Australian stocks rebounded after a sharp fall of 1% in yesterday
- Mukesh Buch
- 10 Jul, 2014
- New York City
Bharti Airtel divest approx 3,100 towers in four countries in Africa to Helios Towers. ONGC Videsh priced unsecured bonds worth $1.5 billion and
- Mukesh Buch
- 09 Jul, 2014
- New York City
Alcoa net swung to profit on flat revenues. AeroVironment net swung to profit. Capstone Turbine won first order from Oman. MSC Industrial jumped 4% on 13% increase in revenue. ServiceNow agreed to acquire Neebula Systems for $100 million.
- Nichole Harper
- 09 Jul, 2014
- New York City
U.S. stocks traded sideways and investors remained cautious after Alcoa Inc kicked off the latest earnings season with better than expected results. Citigroup is nearing a settlement of $7 billion for charges linked to mortgage securities fraud.
- Nigel Thomas
- 09 Jul, 2014
- New York City
Admiral Group first-half revenues declined to
- Hiruki Nakamura
- 09 Jul, 2014
- New York City
Stocks in Tokyo declined for the third day in a row led by the decline in cargo shipping companies and financial brokers. New vehicle tire sales in Japan increased 4.5% in June. Meiko Network Japan said third quarter revenues increased 3.2%.
- Marcus Jacob
- 09 Jul, 2014
- New York City
Australian stocks dropped 1% following weak international markets. Resolute Mining Limited said gold production in financial year was 342,773 ounces, less than estimated. Aurizon Holdings and Baosteel inched closer to acquire Aquila Resources.
- Mukesh Buch
- 09 Jul, 2014
- New York City
Bank of Baroda issued fixed rate senior unsecured notes of $250 million. GMR Infra raised Rs 1,477 crore through a secondary offering. Infosys net profit expected to decline 11%. Indusind Bank profit surged 26%. SpiceJet offered one million seats at a deep discount price.
- Nichole Harper
- 08 Jul, 2014
- New York City
Stocks on Wall Street edged lower ahead of earnings season and worries linked to stretched valuation. AbbVie revised its offer for UK listed Shire Plc for the third time and offered $51 billion.
- Mukesh Buch
- 08 Jul, 2014
- New York City
AbbVie revised its takeover offer for $51.5 billion after rejecting of three previous offers. Delta Air Lines reduced its flights on dispute with Venezuela. Macquarie Infrastructure agreed to acquire the remaining 50% stake of Intl-Matex Tank Terminals for $1 billion.