- Marcus Jacob
- 12 Sep, 2014
- New York City
Australian indexes closed lower on Friday and for the week dropped 0.6%. Weak iron ore price in Shanghai trading overshadowed domestic news. Pacific Brands annual sales rose nearly 4% but swung to a loss.
- Mukesh Buch
- 12 Sep, 2014
- New York City
Alliance Data Systems agreed to acquire Conversant for $2.3 billion. Darden Restaurants net swung to a loss $19.3 million. Ulta Salon profit surged 35% on 22% increase in sales. Rewalk Robotics surged on first day of trading. Value Line net climbed 42%.
- Nigel Thomas
- 12 Sep, 2014
- New York City
Aveva Group tumbled after revenue outlook. Accsys surged after arbitration tribunal rulings. Boohoo.Com said revenue in the first-half to surge 31%. J D Wetherspoon declined 11% to
- Nichole Harper
- 11 Sep, 2014
- New York City
Stocks on Wall Street eased after geopolitical tensions in Europe remained high. Crude oil fell for the fourth day after the IEA lowered its global demand outlook. The U.K. pound trended lower on the rising prospects of Scotland leaving the union. EU slaps more financial sanctions on Russia.
- Mukesh Buch
- 11 Sep, 2014
- New York City
Brady Corp plunged despite quarterly net loss narrowed. Five Below net doubled after sales soared. Kroger profit climbed 9% on 12% increase in sales. Lululemon lifted annual outlook. Mens Wearhouse net plunged 71%. RadioShack net loss widened and arranges debt financing.
- Nigel Thomas
- 11 Sep, 2014
- New York City
Ashmore pre-tax profit tumbled 35% to
- Hiruki Nakamura
- 11 Sep, 2014
- New York City
Stocks in Tokyo closed higher and Topix index advanced to a new six-year high after the yen dropped to a new low against the dollar in the period. Aeon REIT said annual revenues and net income soared. Oki Electric soared on the revised earnings outlook.
- Marcus Jacob
- 11 Sep, 2014
- New York City
Employers added net 121,000 jobs in August, the largest monthly addition since record keeping began in 1978. Unemployment rate declined to 6.1% from a 12-year high of 6.4% in July.
- Mukesh Buch
- 11 Sep, 2014
- New York City
Cox & Kings divested its subsidiary Holidaybreak to Homair Vacances for
- Hiruki Nakamura
- 10 Sep, 2014
- New York City
The yen Tokyo traded to a six-year low as the U.S. dollar rose against most currencies on the prospect of higher rates. The Topix advanced to erase losses in the year so far and closed at high not seen since July 2008.
- Hiruki Nakamura
- 10 Sep, 2014
- New York City
Australian dollar sank to a six-month low as the prospect of rate increase in the U.K. and U.S. gathered momentum. Aussie dollar dropped below 92 cents and 95 cent currency band ahead of Australian bond offering.
- Mukesh Buch
- 10 Sep, 2014
- New York City
Calavo Growers net surged after revenue climbed 12%. DHT agreed to acquire Singapore-based Samco for $317 million. Krispy Kreme net jumped 23%. Lands'' End profit jumped 5% after comparable sales rose 3%. Palo Alto net loss widened. Vera Bradley Net tumbled.
- Nigel Thomas
- 10 Sep, 2014
- New York City
Barratt Developments profit soared three-fold to
- Mukesh Buch
- 10 Sep, 2014
- New York City
Biocon repurchased its 7.7% stake from a unit of GE Capital for $36 million. ICICI Bank board approved a stock split of 5-for-1. Lanco Infratech sold power plants to raise $829 million. SAIL dropped after government plans to offload 5% stake.
- Mukesh Buch
- 09 Sep, 2014
- New York City
ABB announced a $4 billion share buyback program from September 16. Apollo Tyres plans to set up a new plant in Hungary worth for $600 million. Cipla signed commercial collaboration with UK-based S&D Pharma. Jyoti won a contract worth Rs 423 crore.