- Nigel Thomas
- 01 Apr, 2014
- New York City
Alstom sold its steam auxiliary unit to Triton for
- Marcus Jacob
- 01 Apr, 2014
- New York City
Stocks in Sydney pared most of the 1% loss at the opening after two manufacturing reports indicated mixed picture of manufacturing sector in China. Reserve Bank of Australia held benchmark interest rate for the seventh time in a row and noted a solid expansion in the housing market.
- Mukesh Buch
- 01 Apr, 2014
- New York City
Gati surged after Japan-based Kintetsu World acquired 5% stake. Kalpataru Power secured new orders aggregating to more than Rs 700 crore. KEC Intl sold 7.3 acres of land to Tata Housing. Maruti sales in March dropped 6% and for the year fell 1%. M&M tractor sales in March rose 2%.
- Nichole Harper
- 31 Mar, 2014
- New York City
U.S. stocks gained and market indexes advanced after Fed Chairwoman offered strong support for the economic stimulus. The tone of the support was welcomed by investors but Yellen
- Mukesh Buch
- 31 Mar, 2014
- New York City
AT&T directors authorized 300 million shares repurchase plan. Cal-Maine net surged 39% and sales climbed 10%. InterOil net swung to a loss. J&J agreed to sell its Ortho-Clinical unit to Carlyle Group for $4 billion. UTi Worldwide net loss narrowed.
- Nigel Thomas
- 31 Mar, 2014
- New York City
Babcock won
- Hiruki Nakamura
- 31 Mar, 2014
- New York City
Market indexes extended a weeklong rally and industrial output declined 2.3% in February. The latest output data was among a series of economic statistics highlighting weak economic activities in Japan. Japan is set to increase its first sales tax since 1997.
- Marcus Jacob
- 31 Mar, 2014
- New York City
Market indexes in Australian gained 0.5% today, rose 0.2% in the month and gained 0.8% in the first quarter. Seven Group is set to takeover Nexus Energy for $423 million. Ten Network Holdings reported its worst market share last night.
- Mukesh Buch
- 31 Mar, 2014
- New York City
Bharat Heavy secured contract worth Rs 125 crore in Uttarakhand. GMR Group filed for initial public offering for its energy unit. Jain Irrigation plans to sell a stake in the food-processing unit to private equity funds. L&T unit won new orders worth Rs 1,009 crore.
- Mukesh Buch
- 28 Mar, 2014
- New York City
Accenture net plunged 40% but lifted fiscal outlook. BlackBerry net swung to a loss. Caesars sold 7 million shares. Finish Line jumped after profit and revenue surged. Fred''s net plummeted 39%. Red Hat net in the quarter jumped 6%.
- Nichole Harper
- 28 Mar, 2014
- New York City
U.S. stocks trimmed weekly losses and tech stocks rebounded. Consumer spending increased for the second month in a row and annual rate of inflation to February month eased to 0.9%. Consumer confidence index dropped less than expected.
- Nigel Thomas
- 28 Mar, 2014
- New York City
Deutsche Wohnen profit surged 46% and sales climbed 55%. Intesa Sanpaolo annual net swung to a loss
- Hiruki Nakamura
- 28 Mar, 2014
- New York City
The Nikkei index gained 0.5% and extended weekly advance to 3.3% but plunged more than 9% in the quarter. Yahoo Japan will launch its wireless service after the purchase of eAccess for $3.2 billion. Core inflation rate in Japan was unchanged at 1.3% in February and retail sales jumped 3.6%.
- Marcus Jacob
- 28 Mar, 2014
- New York City
Australian stocks closed higher and trimmed weekly loss to 0.5%. For quarter, the index has increased 0.8%. Resource and bank sector stocks led the gainers in trading today. Woodside Petroleum may move away from its potential venture in Israel after the government failed to clarify tax policy.
- Mukesh Buch
- 28 Mar, 2014
- New York City
A2Z Maintenance surged after the company completed debt restructuring. Canara Bank raised Rs 1,000 crore through a bond issue. Colgate declared interim dividend. NTPC import 15 million tons of coal in the next year.