- Hiruki Nakamura
- 25 Mar, 2014
- New York City
Stocks in Tokyo lacked direction and investors focused on geopolitical tensions. Minnano Wedding soared on the first day of trading and raised $47 million. Taisei and Sekisui House declined as companies work together to fix construction defects at a 30 story building in Shirokane.
- Marcus Jacob
- 25 Mar, 2014
- New York City
Australian market indexes declined in active trading and precious metals miners led the decliners. TPG Telecom Ltd surged after the company reported better than expected first-half results. Automotive Group Holdings commenced its $115 million public offering.
- Mukesh Buch
- 25 Mar, 2014
- New York City
Arvind Ltd struck a 49% stake in Calvin Klein business in India venture. EIL secured contract worth $40 million in Oman. JP Associate sold its 74% stake in Bokaro Cement. Tata Power schedules Rs 2,000 crore issue on March 31.
- Nichole Harper
- 24 Mar, 2014
- New York City
Stocks on Wall Street turned lower after manufacturing slowdown in the U.S. and China. Political leaders of NATO nations gathered in Europe to discuss latest situation in Ukraine and tensions with Russia.
- Mukesh Buch
- 24 Mar, 2014
- New York City
Apple is in talks with Comcast for streaming-television service of its set-top box. Gilead Sciences slid after the lawmakers asked to justify the price of $84,000. Herbalife agreed for three more representatives of Carl Icahn.
- Nigel Thomas
- 24 Mar, 2014
- New York City
BNP Paribas lifted its fiscal outlook for years to 2016. Credit Suisse agreed to pay $885 million to settle a U.S. regulator lawsuit linked to faulty mortgages. The Co-op plans to raise additional
- Hiruki Nakamura
- 24 Mar, 2014
- New York City
Stocks in Tokyo closed higher after a 3-day weekend and despite a weakness in manufacturing sector in China. Automakers, electronics exporters and select banks led the gainers. Seibu Holdings in expected to raise as much as $1.75 billion in a public offering.
- Marcus Jacob
- 24 Mar, 2014
- New York City
Australian stocks traded lower after a private survey in China indicated larger than expected weakness in manufacturing sector. G8 Education Limited acquired Sterling Early Education for $228 million. Macquarie Group Limited lifted its annual earnings outlook.
- Mukesh Buch
- 24 Mar, 2014
- New York City
BHEL secured a large contract worth Rs 3,000 crore from NTPC. Federal Bank received approvals to increase foreign investment stake up to 74%. IIFL completed sale of its stake in two Sri Lankan subsidiaries. RIL increase gas price from April.
- Mukesh Buch
- 17 Mar, 2014
- New York City
CBS plans to spin off its outdoor advertising unit. CHS agreed to acquire selected Canadian retail assets of Crop Production Services. Chesapeake to separate its oilfield services business. Sears board approved to spin-off its Lands'' End business.
- Hiruki Nakamura
- 17 Mar, 2014
- New York City
Stocks in Tokyo traded lower after investors focused on rising tensions in Ukraine. Crimea voted to split from Ukraine with 97% of voting in favor. EU foreign ministers impose sanctions and travel bans on 21 Russians in retaliation. Alibaba plans to list its stock in New York.
- Marcus Jacob
- 17 Mar, 2014
- New York City
Australian market indexes turned lower after choppy trading on the rising tensions in Crimean peninsula in Ukraine. Australian vehicle sales in February declined 3.5% from a year ago February 93,000. BHP reaffirmed its plan to return $6 billion as dividend in 2015.
- Nigel Thomas
- 17 Mar, 2014
- New York City
Allianz agreed to acquire insurance business of UnipolSai for
- Mukesh Buch
- 18 Mar, 2014
- New York City
DSW net jumped 4% but sales dropped 4%. FactSet net climbed 18% to $52 million and lifted outlook. FutureFuel surged after profit and sales climbed. GameStop dropped after Wal-Mart launched a plan to accept used videogames in exchange for store gift cards. Hertz loss narrowed.
- Nigel Thomas
- 18 Mar, 2014
- New York City
Antofagasta net tumbled 36% on revenues drop of 11%. Asos, the U.K. based online retailer said revenue in two-month to February surged less than expected 26%. Cairn Energy said net in the year swung to a loss. J Sainsbury said sales dropped. Kuoni net swung to a profit.