- Hiruki Nakamura
- 14 Aug, 2013
- New York City
Market indexes in Tokyo increased for the second day in a row. The yen declined 2% and traded above 98 against one dollar. Recruit Holdings acquired the largest executive search company in India. Australian franchise of Domnio
- Marcus Jacob
- 14 Aug, 2013
- New York City
Australian indexes closed lower in below average trading. Wage price index increased 0.7% in the second quarter to June and rose 3% from a year ago. Carsales.com Limited lifted its annual profit outlook by 17%. CSL Limited first-half net increased 19%.
- Mukesh Buch
- 14 Aug, 2013
- New York City
Cree net and revenue surged. Deere net soared 52%. Macy
- Nigel Thomas
- 14 Aug, 2013
- New York City
BMW climbed 9% to
- Mukesh Buch
- 14 Aug, 2013
- New York City
BPCL net swung to profit. Escorts net surged and sales climbed. Essar Oil quarterly loss narrowed. HDIL net and revenue plunged but LIC Housing net and revenue jumped. SAIL net declined 35% as revenue dropped. Tata Steel net soared 91%. Tata Motors net plunged 23%.
- Nichole Harper
- 13 Aug, 2013
- New York City
U.S. indexes reversed early losses. Retail sales gained for the fourth month in a row. Bill Ackman resigned from J.C. Penney
- Hiruki Nakamura
- 13 Aug, 2013
- New York City
Nikkei index in Tokyo traded surged 2.6% on the speculation that Prime Minister Shinzo Abe may cut corporate tax rate. The yen edged 0.7% lower. June core machinery orders fell less than expected 2.7%.
- Marcus Jacob
- 13 Aug, 2013
- New York City
Australian stocks closed higher on the back of a surge in banking and resources stocks. The pizza delivery company Domino
- Mukesh Buch
- 13 Aug, 2013
- New York City
Buckeye net plunged 36%. Flowers Foods profit surged 64% as sales soared 32%. InterOil net loss in the quarter narrowed. Sina said net in the quarter swung to a loss. Valspar net edged up. USA Compression net surged to $2.4 billion.
- Nigel Thomas
- 13 Aug, 2013
- New York City
Domestic & General agreed to be acquired by CVC Capital in
- Mukesh Buch
- 13 Aug, 2013
- New York City
Hindalco net climbed but revenues slid. HCL net and sales plunged. IOC net loss narrowed. Mahindra & Mahindra combined net jumped 17%. Nitin Fire profit slid 34% but revenue grew 4%. ONGC net tumbled 34% on higher subsidy discount.
- Nichole Harper
- 12 Aug, 2013
- New York City
U. S. stocks eased and investors looked ahead to the release of U.S. Treasury deficit later in the day and retail sales data tomorrow. BlackBerry formed a special committee to explore strategic alternatives. Dole Food Company agreed to go private for $1.6 billion.
- Mukesh Buch
- 12 Aug, 2013
- New York City
Campbell Soup plans to sell its European business. Dole Food agreed to private for $1.6 billion. Pinnacle Foods agreed to buy Wish-Bone salad for $580 million in cash. Rockwell agreed to acquire Arinc for $1.4 billion.
- Nigel Thomas
- 12 Aug, 2013
- New York City
Bilfinger revenues flat and net declined 58% and the German construction company revised annual outlook. Prudential Plc said first-half profit plunged 59% to
- Hiruki Nakamura
- 12 Aug, 2013
- New York City
Stocks in Tokyo declined after gross domestic product increased less than expected but consumer spending rose and prices across the economy. Real estate stocks led the decliners. Tire maker Bridgestone revised annual income outlook.