- Nichole Harper
- 06 Mar, 2014
- New York City
U.S. indexes extended world markets advance and the yen, the euro and the ruble turned lower against a dollar. European Central Bank left its key lending rate at record 0.25%. Staples plans to close 12% of retail stores and sales decline for the fifth quarter in a row.
- Mukesh Buch
- 06 Mar, 2014
- New York City
Ciena net loss in the quarter narrowed. Costco net declined 15% but sales climbed 6%. Joy Global net plunged 66%. Kroger profit dropped 9%. Pinnacle Foods net soared 27%. Staples net surged and plan to close up to 225 stores to save $500 million.
- Nigel Thomas
- 06 Mar, 2014
- New York City
Bouygues offered
- Hiruki Nakamura
- 06 Mar, 2014
- New York City
Market averages in Tokyo closed higher and the yen eased. The situation in Ukraine appeared to not worsen any more after the European Union cobbled together $15 billion in aid and held out a warning for Russian sanctions. ANA Holdings won 11 new daytime slots from Tokyo downtown airport.
- Marcus Jacob
- 06 Mar, 2014
- New York City
Australian indexes in choppy trading lacked direction and traded near flat line. Retail sales in January increased 1.2% and trade surplus in the month increased to a seasonally adjusted $1.43 billion, largest since August 2011.
- Mukesh Buch
- 06 Mar, 2014
- New York City
AstraZeneca plunged 9% after drug maker differed its delisting plan. IL&FS to issue debentures worth Rs 100 crore. Ramco Systems signed a pact with Malaysia Airlines for 5-years. Tata Power plans a rights issue to raise Rs 2,000 crore.
- Mukesh Buch
- 05 Mar, 2014
- New York City
Canadian Solar net swung to a profit after sales surged 76%. Federal Signal net surged to $27 million. Hovnanian said net loss in the quarter widened. Memorial Production net jumped and acquired certain assets in East Texas. Revlon net swung to a loss.
- Nigel Thomas
- 05 Mar, 2014
- New York City
Adidas net surged 49% to
- Nichole Harper
- 05 Mar, 2014
- New York City
Stock on Wall Street lacked direction as foreign ministers of U.S. and Russia meet in Paris. The latest private sector jobs and service sector growth data may have been impacted more than estimated by harsh weather. The IMF urged the ECB to provide more financial liquidity.
- Hiruki Nakamura
- 05 Mar, 2014
- New York City
Indexes in Japan traded higher for the second day in a row and the yen eased after investors hoped tensions between Russia and Ukraine will ease. Fast Retailing saw its stock listing soared 7% on the first day in Hong Kong. Bank of Japan said monetary base expanded at a record 1.9% in February.
- Mukesh Buch
- 05 Mar, 2014
- New York City
Autoline Industries is looking to sell its U.S. subsidiary. Alstom won contract worth
- Marcus Jacob
- 05 Mar, 2014
- New York City
Australian market indexes closed at a new five-and-a-half year high after December quarter growth was ahead of expectations and hopes of tensions easing in Ukraine. Iron ore miners were in focus on the expectations of a revival in merger deals.
- Nichole Harper
- 04 Mar, 2014
- New York City
U.S. and global market indexes rebounded on the hopes of easing tensions in Ukraine. At least for now Russia appears to be not prepared to increase military strength. Gold and crude oil futures eased. RadioShack plans to close as many as 1,100 or 20% of its stores.
- Mukesh Buch
- 04 Mar, 2014
- New York City
AutoZone net jumped 9% and sales climbed 10%. Bank of Nova Scotia net profit and revenue increased. E. W. Scripps net plunged 71%. Hilltop net and interest income surged. MBIA net tumbled 79%.
- Nigel Thomas
- 04 Mar, 2014
- New York City
Beiersdorf profit climbed 12% to