- Hiruki Nakamura
- 01 Oct, 2014
- New York City
Tankan index of confidence among large manufacturers increased in July, the Bank of Japan said today. Investors turned cautious after Hong Kong braced for larger protests as national holidays begin in China.
- Marcus Jacob
- 01 Oct, 2014
- New York City
Australian dollar drifted sideways and stock market indexes gained after retail sales rose marginally in August. Manufacturing in China expanded in September. News Corp agreed to acquire real estate listing company Move Inc for $1.1 billion.
- Mukesh Buch
- 01 Oct, 2014
- New York City
Bajaj Auto sales in September climbed 9% and commercial vehicles sales and export surged 19%. Hero MotoCorp sales soared 30% to 558,609 units. Maruti Suzuki September sales jumped 5% and domestic sales soared 10% but export plunged 28%.
- Hiruki Nakamura
- 30 Sep, 2014
- New York City
Stocks in Tokyo responded to the latest economic data. Retail sales increase of 1.9%, ahead of expectations, and jobless rate decreased to 3.5%. Industrial production declined 1.5% unexpectedly. The yen declined traded above 109 level against one dollar.
- Mukesh Buch
- 30 Sep, 2014
- New York City
eBay to separate its marketplace and PayPal businesses in 2015. Johnson & Johnson plans to acquire privately held Alios BioPharma for $1.8 billion. Walgreen net swung to a loss.
- Nigel Thomas
- 30 Sep, 2014
- New York City
Powerflute profit surged 68% on 10% climbing of revenue and agreed to acquire Corenso for
- Marcus Jacob
- 30 Sep, 2014
- New York City
Australian stocks advanced and a rebound in banks led the gainers. Aussie dollar traded near its yearly low. Recall Holdings soared on takeover speculation.
- Mukesh Buch
- 30 Sep, 2014
- New York City
Financial Technologies agreed to sell 15% stake in MCX to Kotak Mahindra Bank. HCL Infosystems net loss widened. L&T secured new orders worth Rs 1,423 crore in September. Strides Arcolab sells 25.1% stake in Stelis Biopharma.
- Hiruki Nakamura
- 29 Sep, 2014
- New York City
Stocks in Tokyo gained after the yen declined to a new low in the year and exporters gained. SoftBank offered 30% premium to DreamWorks Animation and valued the U.S. based studio for $3.4 billion.
- Nichole Harper
- 29 Sep, 2014
- New York City
U.S. indexes opened sharply lower but by mid-day trimmed losses and the dollar advanced after protests erupted in Hong Kong against China rule. Tibco Software agreed to a $4.3 billion private-equity offer. SoftBank pursuit of DreamWorks Animation that many believe may never lead to deal.
- Mukesh Buch
- 29 Sep, 2014
- New York City
AMAG Pharma agreed to buy privately held healthcare company Lumara for $675 million. Cal-Maine net surged. DreamWorks surged after Softbank offered $3.4 billion. Encana agreed to acquire Texas-based oil group for $6 billion. NiSource spins off gas pipelines business.
- Nigel Thomas
- 29 Sep, 2014
- New York City
Balfour Beatty again lowered profit forecast by
- Marcus Jacob
- 29 Sep, 2014
- New York City
Australian stocks extended five-week long losses and the Aussie dollar dropped to an eight-week low. Banks led the decliners after Reserve Bank of Australia signalled more scrutiny for home loans. Treasury Wine Estates ended talks to sell the company.
- Mukesh Buch
- 29 Sep, 2014
- New York City
MAN Industries secured orders worth about Rs 550 crore. Mahindra Holidays plans to invest up to Rs. 500 crore for expansion. NTPC received syndicated loan of $250 million. Valecha Engineering divested its three road assets worth Rs 309 crore.