- Mukesh Buch
- 26 Jun, 2014
- New York City
Alcoa agreed to acquire Firth Rixson for $2.85 billion in cash. Bed Bath & Beyond net dropped 8%. ConAgra net swung to a loss. HB Fuller net rose 4%. Lennar reported quarterly net nearly flat at $138 million. McCormick profit jumped 8%.
- Hiruki Nakamura
- 26 Jun, 2014
- New York City
Stocks in Tokyo advanced and investors focused on the probable revival of economic growth in the second quarter in the U.S. Rakuten, the online retailer, jumped 3% on speculation that the company may launch a discount airline with Air Asia.
- Nigel Thomas
- 26 Jun, 2014
- New York City
Barclays was sued by the New York attorney general for falsifying marketing material for dark pool trading. Dixons Retail net loss narrowed to
- Marcus Jacob
- 26 Jun, 2014
- New York City
In a sign of growing employment, Australian job vacancies in the quarter May increased to highest in a year. Australian court delivered two different verdicts in cases involving slot machines and the Victoria State.
- Mukesh Buch
- 26 Jun, 2014
- New York City
Crompton Greaves in a consortium won
- Mukesh Buch
- 25 Jun, 2014
- New York City
Apollo Education net declined 11%. Apogee net surged 47%. Barnes & Noble net loss narrowed and the retailer plans to spin-off its Nook tablets and college books businesses. General Mills profit climbed 10%. Lindsay net tumbled 37%. Monsanto profit slumped 6%.
- Nigel Thomas
- 25 Jun, 2014
- New York City
Aker Solutions dropped after $250 million contract was terminated by Total SA. GDF Suez slid after France government sold its 3.1% stake. Northgate net swung to profit. Stagecoach profit climbed 5% to
- Arjun Dave
- 25 Jun, 2014
- New York City
The U.S. Supreme Court in a landmark case sided with broadcasters and blocked the transmission of broadcast TV through Internet.
- Nichole Harper
- 25 Jun, 2014
- New York City
U.S. first quarter GDP shrinkage was revised to 2.9%, worse since the first quarter 2009 decline of 5.4%. Smaller consumer spending and a larger decline in exports contributed to the fall. Supreme Court blocked independent streaming of broadcast TV.
- Hiruki Nakamura
- 25 Jun, 2014
- New York City
Stocks in Tokyo closed lower and investors turned cautious as violence in Iraq spread to more regions. Euglena announced a plan to develop bio-diesel engine with Isuzu Motor. Toyota plans to begin selling fuel-cell vehicles in Japan by the end of this fiscal year.
- Mukesh Buch
- 25 Jun, 2014
- New York City
DCM Shriram sold its textile spinning mill in Rajasthan. Indian Hotels plans to raise Rs 1,000 crore through a convertible debenture issue. Parsvnath Developers expects to raise $168 million through land sales.
- Marcus Jacob
- 25 Jun, 2014
- New York City
Australian market indexes traded lower and the Aussie dollar eased. Trading volume picked up after banks and resources stocks led the most actively traded stocks. Lend Lease estimated full-year profit to jump 45%. Treasury Wine Estates plans to write-down $260 million in assets.
- Mukesh Buch
- 24 Jun, 2014
- New York City
Abbott agreed to acquire Russia-based Veropharm for $495 million. Carnival net jumped 159%. KKR acquired one-third stake in Acciona for $567 million. Micron Technology profit surged. Sonic net jumped 14%. Walgreen net soared 16%.
- Nichole Harper
- 24 Jun, 2014
- New York City
U.S. stocks traded higher on a strength in tech and biotech stocks. New home sales surged 18.6%, second monthly increase following two months of decline and seasonally adjusted annual rate rose to the highest since May 2008.
- Nigel Thomas
- 24 Jun, 2014
- New York City
Altice issued 17.9 million shares to raise