- Hiruki Nakamura
- 10 Apr, 2014
- New York City
Market indexes in Tokyo trading remained weak and the yen gained against the U.S. dollar. Toyota declined 2.4% after issuing a global recall of 6 million vehicles. Fast Retailing lowered its annual earnings outlook on higher costs and weaker domestic demand.
- Marcus Jacob
- 10 Apr, 2014
- New York City
Australian stocks trimmed early gains after employers added more than expected 18,000 jobs in March. Unemployment rate fell to 5.8%. Also, market sentiment weakened after China reported 6.6% decline in exports and 11.3% in imports.
- Mukesh Buch
- 10 Apr, 2014
- New York City
Man Industries built up order book of around Rs 1,200 crore. Piramal divest its entire stake in Vodafone India for Rs.8,900 crore. Sesa Sterlite gained after production update.]
- Nichole Harper
- 09 Apr, 2014
- New York City
Stocks on Wall Street advanced for the second day in a row and market indexes in Europe gained. India attracted $10.3 billion fund flows in the year so far. Market indexes in Tokyo plunged more than 2%. Mars agreed to acquire three pet-care brands from Procter & Gamble for $2.9 billion in cash.
- Hiruki Nakamura
- 09 Apr, 2014
- New York City
Stocks in Tokyo declined for the fourth day in a row and the trading in yen was in focus after the Bank of Japan did not announce new measures to support the economic expansion. Seibu Holdings trimmed its initial public offering size by 73%.
- Mukesh Buch
- 09 Apr, 2014
- New York City
Alcoa net swung to a loss on 7% decline in sales. Constellation Brands net and revenue surged. Mars agrees to acquire three brands for $2.9 Billion from Procter & Gamble. MSC Ind net declined 12%. Progressive profit jumped 4%. Tech Data net surged.
- Marcus Jacob
- 09 Apr, 2014
- New York City
Australian indexes jumped 1% and the Aussie dollar edged near 94 U.S. cents. David Jones received an unsolicited offer from South Africa based retailer and Myer Holdings withdrew its offer.
- Nigel Thomas
- 09 Apr, 2014
- New York City
Daimler estimated significant improvement in sales growth in the year. Evraz net loss in the year widened to $572 million and sales fell 2%. Chr Hansen profit jumped 6% to
- Mukesh Buch
- 09 Apr, 2014
- New York City
ABB India received a contract of $18 million from Power Grid Corp. Lupin received US regulatory approval to sale generic version of Actos of Takeda Pharma. Suzlon Energy sold its Illinois wind farm and obtained
- Mukesh Buch
- 08 Apr, 2014
- New York City
Argan net surged 39%. A. Schulman net plunged 42% but revenue soared 14%. International Speedway profit climbed 47% and revenue rose 3%. Team said net loss in the quarter widened but revenues jumped 8%. Zep net swung to loss.
- Nichole Harper
- 08 Apr, 2014
- New York City
U.S. stocks struggled to advance and a broad selloff in sectors dragged market sentiment. Investors turned cautious on stretched valuation. The International Monetary Fund trimmed its world growth projection for the current year from its earlier projection in January.
- Nigel Thomas
- 08 Apr, 2014
- New York City
Matchtech profit surged 49% and revenue climbed 12%. Suedzucker tumbled after profit plunged 32% to
- Hiruki Nakamura
- 08 Apr, 2014
- New York City
Current account swung to a surplus in Japan for the first time in five months in February. Trade deficit in the month narrowed but is expected to increase if imports sustain the momentum after the latest tax increase.
- Marcus Jacob
- 08 Apr, 2014
- New York City
Australian stocks opened lower following the weak market closes in Europe and New York and trading volume was near the low in the year so far. Australian dollar edged higher. Affinity Education Group Limited proposed to acquire a portfolio of centers for $80 million.
- Mukesh Buch
- 07 Apr, 2014
- New York City
Arthur J. Gallagher net surged 22% and agreed to acquire the insurance business of Australia-based Wesfarmers Limited for $1 billion. Energen agreed to sell Alabama Gas business to Laclede for $1.6 billion. Mallinckrodt agreed to acquire Questcor for $5.6 billion.