- Marcus Jacob
- 30 May, 2013
- New York City
Australian indexes slipped on the global uncertainties but the dollar rebounded after private sector capital spending was lower than expected in March quarter. Online spending increased to 6% of total retail sales according to a private survey.
- Mukesh Buch
- 30 May, 2013
- New York City
Cadila Health net surged 54% but Cipla net declined 8%. IOC net profit climbed but ONGC profit plunged. M&M net surged. Madras Cements and NMDC net tumbled. Tata Motors net swung to a loss. Torrent Power net plunged.
- Nigel Thomas
- 29 May, 2013
- New York City
De La Rue revenue dropped 8% but pre-tax profit for the year jumped 57% to
- Nichole Harper
- 29 May, 2013
- New York City
On Wall Street indexes fell and European markets dropped more than 1.5%. The dollar edged higher and trading sentiment was driven by the Fed bond buying timetable uncertainty. Smithfield Foods agreed to a deal from China based company. Stewart Enterprises agreed to a merger with Service Corp.
- Nigel Thomas
- 29 May, 2013
- New York City
European markets accelerated the decline in early afternoon from the 10% surge in six weeks on the uncertainty surround when the Fed plans to trim buying. Market indexes across the region fell as much as 1.8% and the euro weakened.
- Mukesh Buch
- 29 May, 2013
- New York City
Aditya Birla Nuvo sales and profit jumped. Godrej net surged and HDIL net swung to loss. Hindalco and NHPC profit plunged more than 25%. Power Grid and REC net climbed. Sun Pharma net soared 23% and Vardhman profit surged.
- Hiruki Nakamura
- 29 May, 2013
- New York City
Nikkei index in Tokyo closed higher as retail investors increased stock exposure and the yen weakened. Life insurance companies gained after 10-year Japanese government bond yield rose to 0.95%.
- Marcus Jacob
- 29 May, 2013
- New York City
Australian market index inched up for the second day in a row after five-day sell-off. Construction work in the March quarter unexpectedly declined. New home sales increased 3.9% to 6,000 units in April.
- Mukesh Buch
- 28 May, 2013
- New York City
Bank of Nova Scotia revenue and net jumped. Campbell Soup agrees to acquire Plum Organics. Fidelity National acquires LPS for $2.9 billion. Tiffany net rose as sales climbed. Valeant agree to acquire Bausch & Lomb in $8.7 billion in cash.
- Nigel Thomas
- 28 May, 2013
- New York City
AstraZeneca agreed to acquire Omthera for $323 million. A.G. Barr profit for the year dropped 9% as carbonates revenue climbed 7%. The Crown Estate invests
- Nichole Harper
- 28 May, 2013
- New York City
Market indexes in New York surged more than 1% and metropolitan home price index gained more than expected in March. World markets traded higher after central bankers around the world offered positive comments in the support of higher financial markets.
- Hiruki Nakamura
- 28 May, 2013
- New York City
The Nikkei index in Tokyo jumped as much as 1.4% after two-day decline of more than 10%. The yen reversed its course and export sensitive companies led the rebound. Sony and Panasonic are increasingly focusing on the markets in India as the demand for electronic devices boom.
- Marcus Jacob
- 28 May, 2013
- New York City
Australian stock indexes turned higher after five days of losses. Australian dollar remained weak and traded near one-year low. Woodside Petroleum plans to restart natural gas exploration. Cabcharge Australia dropped the most after Victoria government lowered card payment fees for taxis.
- Mukesh Buch
- 28 May, 2013
- New York City
Colgate profit slid but sales jumped. CESE revenue grew 9%. GAIL (India) net and revenues climbed. Havell''s net surged and Nalco net dropped. Tata Chemicals net swung to loss. Tata Global Beverages profit soared 19%.