- 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.
- Mukesh Buch
- 27 Mar, 2014
- New York City
Baxter Intl to split into pharmaceutical and medical products company. Conn''s profit and sales soared. GameStop dropped as net declined 16%. Lululemon net edged up. Paychex net climbed 11%. Signet net rose. Worthington profit tumbled.
- Nigel Thomas
- 27 Mar, 2014
- New York City
Alstom plunged 6% on the rising probabilities of charges from the U.S. Babcock Intl agreed to acquire Avincis for
- Mukesh Buch
- 27 Mar, 2014
- New York City
CMC won a legal case against Kuwait Stock Exchange. Gautam Thapar plans to sell its 42.7% stake Crompton Greaves worth $3 billion. FIEM purchased 7.65 acre land to set-up a new factory in Gujarat. L&T
- Marcus Jacob
- 27 Mar, 2014
- New York City
Australian stocks trimmed losses after tensions rose between Russia and European nations. Aussie dollar eased. Rupert Murdoch elevated his son at News Corp and 21st Century Fox, a step that many view reflect weak corporate governance and nepotism at both companies.
- Hiruki Nakamura
- 27 Mar, 2014
- New York City
Market indexes in Japan advanced and the yen closed nearly unchanged. Toyota said it will buy back shares worth $3.5 billion, first in five years. Nissan Motor plans to recall one million vehicles. Seven & I is in talks to take control of stores at railway stations. ANA placed a largest plane order.
- Mukesh Buch
- 26 Mar, 2014
- New York City
Five Below surged after profit and net sales climbed. Lindsay jumped despite revenues declined 13%. Movado soared after revenue rose 7% but net slumped 9%. PVH net swung to a loss. REX American net swung to profit.
- Nichole Harper
- 26 Mar, 2014
- New York City
U.S. market indexes advanced after durable goods orders increased more than expected in February. Orders increased 2.2% in the month after declining for two months in a row. Facebook acquired Oculus for $2 billion.
- Nigel Thomas
- 26 Mar, 2014
- New York City
Bellway profit surged to
- Mukesh Buch
- 26 Mar, 2014
- New York City
The latest increase in demand for goods that are expected to last at least three years was driven by a rise in auto demand and follows two months of durable orders decline in a row.
- Hiruki Nakamura
- 26 Mar, 2014
- New York City
Stocks in Tokyo advanced and the yen traded near a 2-month low. Kirin Holdings Co gained 3% on a media report that the brewer is likely to raise its annual earnings estimate and consider stock buyback.
- Marcus Jacob
- 26 Mar, 2014
- New York City
Australian market indexes advanced tracking the gains in international markets in overnight trading. Australian dollar dipped. Insurance Australia Group won a regulatory approval to acquire Wesfarmers
- Mukesh Buch
- 26 Mar, 2014
- New York City
Godrej Properties signed partnership to develop a residential project in Pune. Oberoi Realty won 25-acres land parcel for about $190 million from Tata Steel. Sintex decided to sell its entire stake in Zep Infratech.
- Mukesh Buch
- 25 Mar, 2014
- New York City
G-III Apparel net soared 62% after sales surged 26%. McCormick reaffirmed sales outlook and said net rose 9%. Neogen jumped after revenue soared 21% but net slid. Sonic profit climbed 15%. Walgreen plans to close 76 unprofitable drugstores. Disney acquired Maker Studios for $500 million.
- Nigel Thomas
- 25 Mar, 2014
- New York City
888 Holdings surged after revenue climbed 10%. EasyJet expects pre-tax loss in the first-half to narrow to