- Marcus Jacob
- 02 Dec, 2013
- New York City
Australian stocks declined and the dollar edged higher. Australian building approvals declined 1.8% in October and eased from a record high. The seasonally adjusted value of the approvals surged 9.3% in the month, fifth monthly increase in a row. GrainCorp chief executive resigned.
- Mukesh Buch
- 02 Dec, 2013
- New York City
Amtek India net soared 87% and sales surged 49%. Financial Technologies net plunged 61%. Maruti said November auto sales dropped 11% as domestic sales slid 6% and export plunged 46%. M&M sales declined 18%. Tata Motors November sales plunged 39%.
- Hiruki Nakamura
- 29 Nov, 2013
- New York City
Consumer price index increased for the fourth month in a row in October and prices rose at the fastest pace in years. Industrial output increased at a slower than expected pace in October and unemployment rate was unchanged.
- Nigel Thomas
- 29 Nov, 2013
- New York City
Acal profit surged and revenue jumped 3%. Compass Group profit plunged 29% to
- Marcus Jacob
- 29 Nov, 2013
- New York City
Resource stocks led market indexes in Australia lower. Australian government rejected a takeover offer for GrainCorp and said foreign investment in the sector is not in its best interest. Credit growth in private sector increased 0.3% in October.
- Nigel Thomas
- 28 Nov, 2013
- New York City
Deutsche Bank is in talks with Permira Advisers to sell Tilney Investment. Kingfisher sales jumped 8%. Rio Tinto plan to invest $3 billion to increase production capacity. Thomas Cook said loss narrowed as EBIT soared 49%. Wolseley trading profit climbed 9%.
- Mukesh Buch
- 28 Nov, 2013
- New York City
Alstom T&D plan to rise up to Rs 294 crore from a secondary offering. Eros Intl jumped after Singapore-based Temasek Holdings acquired a stake. Nestle India denied media report that its parent plans to increase stake. Suzlon Energy signed contract with Mitsui Australia for 52 wind turbines.
- Mukesh Buch
- 29 Nov, 2013
- New York City
Alphageo won seismic data analysis contracts. Heidelberg Cement plans to issue convertible-debentures. Il&Fs subsidiary won a contract of $70 million in Ukraine. MRF net soared 12% after sales jumped 5%. Tech Mahindra and MES plan to merge.
- Nichole Harper
- 27 Nov, 2013
- New York City
Stocks on Wall Street gained and initial jobless claims last week declined. Durable goods orders fell in October 2% and volatile commercial aircraft orders plunged 16%. CVS agreed to acquire infusion service provider for $2.1 billion. Bankruptcy judge approved a merger between American and US Air.
- Hiruki Nakamura
- 27 Nov, 2013
- New York City
Stocks in Tokyo declined after rising for two days in a row and the yen traded near the three-month low. Honda Motor began construction at a manufacturing plant in Brazil. Hitachi agreed to acquire India based payment processor Prizm Payment Services.
- Mukesh Buch
- 27 Nov, 2013
- New York City
AeroVironment net tumbled 81%. Barnes & Noble net surged and revenues declined. Hewlett-Packard swung to a profit. Infoblox said net loss widened and revenue soared 28%. Nuance Communications net swung to a loss. TiVo net plummeted 79% but sales climbed 43%.
- Marcus Jacob
- 27 Nov, 2013
- New York City
Stocks in Sydney trading closed lower after steady gain in the morning trading. Australian dollar dipped to a three-month low. Archer Daniels Midland revised its offer for Graincorp and offered to invest in distribution infrastructure.
- Nigel Thomas
- 27 Nov, 2013
- New York City
Accor dropped after a stake sale and a decision to split the company. Generali plans to reduce
- Mukesh Buch
- 27 Nov, 2013
- New York City
Bharti Airtel plan to sell bonds in Europe to raise $1 billion ahead of spectrum auction. Cairn India launched $1 billion stock buyback program. Thermax secured order worth Rs 269 crore. Voltas won three orders of Rs 1,000 crore in the Middle-East.
- Nichole Harper
- 26 Nov, 2013
- New York City
Stocks advanced and extended year-to-date gains. Metropolitan home prices index increased in September. Building permits jumped to a five-year high in October and consumer confidence index declined to a seven-month low.