- Hiruki Nakamura
- 25 Sep, 2013
- New York City
Stocks in Tokyo eased ahead of sales tax decision by prime minister next week. Tokyo Electron agreed to be acquired by Applied Materials in all stock deal valued at $7 billion. Electronics and auto makers led the decliners in Tokyo trading today.
- Nigel Thomas
- 25 Sep, 2013
- New York City
Airbus secured two orders worth $4.2 billion from a startup airline in China. Centrica will write-off nearly
- Devan Biswas
- 25 Sep, 2013
- New York City
Applied Materials agreed to acquire Tokyo Electron Limited for $7 billion in a largest cross-border deal for a Japanese company in six years. The fast consolidating chip making industry is suffering from falling demand and rising R&D costs.
- Marcus Jacob
- 25 Sep, 2013
- New York City
Australian stocks rebounded after declining for three days. Reserve Bank of Australia in its half-year review said home owners not to expect the repeat price gains in the last decade. David Jones reported a less than expected decline in profits.
- Nigel Thomas
- 24 Sep, 2013
- New York City
Burckhardt expects sales for the year to surge 20% but profit margin is expected to fall below estimates. Close Brothers net soared 20% to
- Mukesh Buch
- 20 Sep, 2013
- New York City
Agilent plans to split into two publicly traded companies. Cintas net barely rose 1% after revenue climbed 7%. Darden Restaurants declined 37% as same-restaurant Sales in the quarter. Tibco Software profit plunged 18%.
- Nigel Thomas
- 20 Sep, 2013
- New York City
adidas lowered its profit estimate for the year. BrainJuicer stock jumped after profit surged 81%. Daimler expects second-half sales to be ahead of comparable period a year ago. RBS sold its 20% stake in Direct Line Insurance for
- Mukesh Buch
- 19 Sep, 2013
- New York City
ConAgra net tumbled 42% but revenue surged 27%. Clarcor profit slipped 5% and IHS net declined 47% and revenue soared 25%. Oracle net climbed 8%. Pier 1 net plunged 32% and Rite Aid net swung to profit. Scholastic said net in the quarter narrowed.
- Nigel Thomas
- 19 Sep, 2013
- New York City
Asos said total sales surged 47% to
- Nigel Thomas
- 18 Sep, 2013
- New York City
Alstom cuts forecast and secured contract worth
- Mukesh Buch
- 18 Sep, 2013
- New York City
Adobe net tumbled 7% as revenue dropped 8%. Cracker Barrel slid 1% and revenue and comparable sales jumped. FedEx net soared 7% and increase the rates. General Mills profit declined 16% but sales rose 8%. U.S. Treasury sold additional stake in GM to 7.3%.
- Mukesh Buch
- 17 Sep, 2013
- New York City
Aeropostale surged after activist investor increased its stake of 8%. Cvent said quarterly net swung to a loss but revenues climbed 36%. FactSet Research net climbed 28% to $51 million. Outerwall plummeted after the company lowered its third quarter outlook.
- Nigel Thomas
- 17 Sep, 2013
- New York City
Barclays fined
- Nigel Thomas
- 16 Sep, 2013
- New York City
Barclays said adjusted income fell by
- Mukesh Buch
- 16 Sep, 2013
- New York City
Packaging Corp agreed to acquire Boise for $1.27 billion. Sears intends to obtain $1 billion loan. Sohu, Sogou and Tencent form a strategic partnership and Tencent invested $448 million in cash in Sogou.