- Hiruki Nakamura
- 09 Jan, 2014
- New York City
Nikkei index slipped 1.5% and the yen dropped below 105 against a dollar. Fast Retailing said net income in the fiscal first quarter increased more than expected 8.8% on higher international sales.
- Nigel Thomas
- 09 Jan, 2014
- New York City
Arkema lowered its full-year earnings guidance. TGS-NOPEC Geophysical lifted revenue forecast for the quarter and fiscal 2013. Wartsila confirmed the preliminary proposal from Rolls-Royce. Morrison said total sales dropped by 2%.
- Marcus Jacob
- 09 Jan, 2014
- New York City
Australian retail sales in November increased 0.7% following a 0.5% rise in October. Building approvals declined 1.5% in the month but surged 22% from a year ago. Port Hedland Port Authority said iron ore shipment to China jumped 8% in December.
- Mukesh Buch
- 09 Jan, 2014
- New York City
Hindustan Motors plans to divest its stake in Tiruvallur plant to raise Rs 150 crore. Infosys estimated third-quarter climbed 12%. Suven Life Sciences secured three product patents in Australia, Sri Lanka and South Korea.
- Mukesh Buch
- 08 Jan, 2014
- New York City
AZZ net rose 20% as revenue climbed 32%. Constellation Brands net climbed 93%. Forest Lab agreed to acquire Aptalis Holdings from TPG Capital for $2.9 billion in cash. Monsanto profit climbed 8.5% and sales rose 7%. RPM Intl net soared 53%.
- Nichole Harper
- 08 Jan, 2014
- New York City
Stocks on Wall Street eased ahead of jobs report and earnings releases later in the week. Forest Labs agreed to acquire Aptalis Pharma for $2.9 billion in cash. European Union
- Nigel Thomas
- 08 Jan, 2014
- New York City
Air France Klm said passenger traffic in December rose 3%. Sainsbury third-quarter sales grew 2.7%. Mothercare group sales declined 6%. Goldman Sachs and KKR sold 10.8% Kion stake. Persimmon revenue in the year soared 21%.
- Hiruki Nakamura
- 08 Jan, 2014
- New York City
The broader Topix index increased the most in five months and closed at a five-year high. The yen edged lower 0.4% for the second day in a row. Nintendo surged 11% after China lifted a decade-old ban. Seven & I jumped 6%. FamilyMart gained 3%.
- Marcus Jacob
- 08 Jan, 2014
- New York City
Australian job vacancies declined 0.3% in three months to November and dropped 14.9% from a year ago period. Residential construction recovery slowed in December. E*Trade in Australia reported annual profit.
- Mukesh Buch
- 08 Jan, 2014
- New York City
Aban Offshore secured contract worth Rs 380 crore. Maruti said auto production in December declined 7%. Omax Autos plans to consolidate four subsidiaries. Prestige Estates sales soared 25%. Titagarh divested its entire stake in Barrackpore Enterprises.
- Nichole Harper
- 07 Jan, 2014
- New York City
Stocks on Wall Street advanced after falling for three days in a row and the dollar gained against the Canadian dollar and the euro. U.S. trade deficit declined to a 4-year low and the Canadian trade deficit widened. German unemployment dropped and the euro-area inflation slowed.
- Nigel Thomas
- 07 Jan, 2014
- New York City
U.S. trade deficit declined to the lowest since fall 2009 on falling petroleum imports and rising exports in November.
- Hiruki Nakamura
- 06 Jan, 2014
- New York City
Nikkei in Tokyo dropped sharply and the yen continued its weakness against the dollar and the euro. Fast Retailing declined 6% on lower than expected increase in same store sales in December.
- Nigel Thomas
- 06 Jan, 2014
- New York City
Balfour Beatty won a
- Mukesh Buch
- 06 Jan, 2014
- New York City
GE agreed to acquire some business from Thermo Fisher for $1.06 billion. Men''s Wearhouse raised offer for Jos. A. Bank Clothiers. T-Mobile agreed to buy spectrum licenses from Verizon for $2.4 billion. Twitter falls on comments.