- Nigel Thomas
- 21 Aug, 2013
- New York City
Carlsberg net plunged 35%. Glanbia profit slipped 5% but revenue climbed 12%. Heineken revenue grew 3% and net tumbled 17% to
- Mukesh Buch
- 21 Aug, 2013
- New York City
Fortis Healthcare sold its remaining stake in Vietnam based hospital for $80 million. IOB plans to raise approx $500 million before end of the year. Mysore Paper loss widened.
- Nichole Harper
- 20 Aug, 2013
- New York City
U.S. stocks extended gains after retailers reported better than expected earnings. Best Buy, Home Depot and TJX reported stronger than expected quarterly results. J.C. Penney reported larger loss and sales in the quarter fell 12%. Emerging and Asian markets extended losses.
- Hiruki Nakamura
- 20 Aug, 2013
- New York City
Volatile Nikkei index in Tokyo dropped 2.6% and Japan posted its thirteenth monthly trade deficit in a row as trade gap doubles from a year ago month in July to 1 trillion yen. Emerging markets linked stocks declined.
- Marcus Jacob
- 20 Aug, 2013
- New York City
Australian indexes closed lower and consumer staples, resource and banking stocks led the decliners. Reserve Bank of Australia left the door open for a rate cut at the next meeting. BHP Billiton said annual net declined 30% to $10.9 billion. NAB third-quarter net increased to $1.7 billion.
- Mukesh Buch
- 20 Aug, 2013
- New York City
Best Buy net surged to $266 million. Dick''''''''s Sporting net surged 57%. Home Depot profit soared 18%. J. C. Penney reported net loss widened. Medtronic net jumped 10% and TJX net soared 14%.
- Mukesh Buch
- 20 Aug, 2013
- New York City
Empee Sugars net loss narrowed and HCL profit surged 130%. Hathway Cable net swung to a profit. Jaiprakash Power sells its stake in two hydro-power projects. McNally secured order worth $160 million. Siemens India won contracts in Bangladesh.
- Nigel Thomas
- 20 Aug, 2013
- New York City
BHP net declined 30% to $10.88 billion. Glencore reported loss of $8.92 billion and wrote down $7.66 billion assets linked to Xstrata takeover. John Wood net soared 32% and Lindt net soared 40% to 48.8 million francs. Straumann net jumped 21%.
- Nichole Harper
- 19 Aug, 2013
- New York City
U.S. indexes traded sideways in light trading and yields on U.S. Treasuries increased. Investors continued to pull money from emerging markets and added new capital to U.S. focused equity funds. European markets declined and rupee in India fell to a new low.
- Hiruki Nakamura
- 19 Aug, 2013
- New York City
Stocks in Tokyo traded sideways as investors looked ahead for more policy initiatives in the next few weeks. The yen traded volatile. The Nikkei index rebounded after 2-day losses. Airport Facilities soared on hopes government may establish a zone to promote smaller companies.
- Mukesh Buch
- 19 Aug, 2013
- New York City
McGraw Hill increased its stake India
- Marcus Jacob
- 19 Aug, 2013
- New York City
Australian investors digested a flood of earnings and trading volume perked up near the high of the year. Australian new car sales declined 3.5%. Z Energy Limited and Birch and Prestige Investment Group debuted on the ASX. Aurizon, freight railroad operator said annual net increased 1%.
- Mukesh Buch
- 19 Aug, 2013
- New York City
Asahi Glass net loss widened and DEN Networks net swung to loss but sales surged 24%. Essar Steel plan to raise $2 billion. Indiabulls buyback its stake from a private equity firm. Tecpro net swung to loss as sales declined. Varun Shipping net tumbled 99%.
- Nigel Thomas
- 19 Aug, 2013
- New York City
Atlas Copco agreed to acquire Edwards Group for
- Nichole Harper
- 16 Aug, 2013
- New York City
U.S. market indexes traded sideways and housing starts rose more than expected on a 25% surge in volatile apartment construction. Consumer confidence index declined unexpectedly. SEC approved the ICE