- Hiruki Nakamura
- 07 Mar, 2014
- New York City
Stocks in Tokyo extended weekly gains to the best in the current year and the yen dropped to the lowest in five weeks. NTT DoCoMo added net new 2.7 million wireless subscribers in February.
- Marcus Jacob
- 07 Mar, 2014
- New York City
Australian market indexes gained and rose 1.1% in the week. Rio Tinto is preparing to make an offer for the remaining 49.2% stake in Turquoise Hill Resources. Israel continues to vacillate on its tax policy for natural gas exports and Woodside may drop its bid for an offshore field.
- Mukesh Buch
- 07 Mar, 2014
- New York City
Central Bank of India sold its entire stake in Credit Information Bureau to Transunion. Era Infra Eng won contracts worth Rs 128 crore. Prism Cement surged after commencing coal production. RCom plans to raise capital to fund its expansion plans.
- Nigel Thomas
- 06 Mar, 2014
- New York City
European Central Bank left its key lending rate on hold at a record low of 0.25% and the central bank is running out of options to stimulate the economy further.
- Nichole Harper
- 06 Mar, 2014
- New York City
U.S. indexes extended world markets advance and the yen, the euro and the ruble turned lower against a dollar. European Central Bank left its key lending rate at record 0.25%. Staples plans to close 12% of retail stores and sales decline for the fifth quarter in a row.
- Mukesh Buch
- 06 Mar, 2014
- New York City
Ciena net loss in the quarter narrowed. Costco net declined 15% but sales climbed 6%. Joy Global net plunged 66%. Kroger profit dropped 9%. Pinnacle Foods net soared 27%. Staples net surged and plan to close up to 225 stores to save $500 million.
- Nigel Thomas
- 06 Mar, 2014
- New York City
Bouygues offered
- Hiruki Nakamura
- 06 Mar, 2014
- New York City
Market averages in Tokyo closed higher and the yen eased. The situation in Ukraine appeared to not worsen any more after the European Union cobbled together $15 billion in aid and held out a warning for Russian sanctions. ANA Holdings won 11 new daytime slots from Tokyo downtown airport.
- Marcus Jacob
- 06 Mar, 2014
- New York City
Australian indexes in choppy trading lacked direction and traded near flat line. Retail sales in January increased 1.2% and trade surplus in the month increased to a seasonally adjusted $1.43 billion, largest since August 2011.
- Mukesh Buch
- 06 Mar, 2014
- New York City
AstraZeneca plunged 9% after drug maker differed its delisting plan. IL&FS to issue debentures worth Rs 100 crore. Ramco Systems signed a pact with Malaysia Airlines for 5-years. Tata Power plans a rights issue to raise Rs 2,000 crore.
- Mukesh Buch
- 05 Mar, 2014
- New York City
Canadian Solar net swung to a profit after sales surged 76%. Federal Signal net surged to $27 million. Hovnanian said net loss in the quarter widened. Memorial Production net jumped and acquired certain assets in East Texas. Revlon net swung to a loss.
- Nigel Thomas
- 05 Mar, 2014
- New York City
Adidas net surged 49% to
- Nichole Harper
- 05 Mar, 2014
- New York City
Stock on Wall Street lacked direction as foreign ministers of U.S. and Russia meet in Paris. The latest private sector jobs and service sector growth data may have been impacted more than estimated by harsh weather. The IMF urged the ECB to provide more financial liquidity.
- Hiruki Nakamura
- 05 Mar, 2014
- New York City
Indexes in Japan traded higher for the second day in a row and the yen eased after investors hoped tensions between Russia and Ukraine will ease. Fast Retailing saw its stock listing soared 7% on the first day in Hong Kong. Bank of Japan said monetary base expanded at a record 1.9% in February.
- Mukesh Buch
- 05 Mar, 2014
- New York City
Autoline Industries is looking to sell its U.S. subsidiary. Alstom won contract worth