- Mukesh Buch
- 14 Jan, 2014
- New York City
Commerce Bancshares fell 1%. JPMorgan net dropped 7% and revenue slid 2%. GameStop said global sales climbed 9%. Shaw Communications net rose 4%. Time Warner rejected $62.35 billion from Charter Communications. Wells Fargo net climbed 10%.
- Marcus Jacob
- 14 Jan, 2014
- New York City
Australian market indexes came under pressure after investors worried about stretched valuations and rising uncertainties linked to commodities exports. Merger activities in Australia jumped 67% in 2013.
- Nigel Thomas
- 14 Jan, 2014
- New York City
Ashmore tumbled 13% after assets under management declined to $75.3 billion. ASOS plunged 7% despite sales increased 38% to
- Mukesh Buch
- 14 Jan, 2014
- New York City
CMC plunged as net jumped 5% but revenue was flat. Jay Bharat Maruti net surged 64%. NIIT Technologies net dropped 5% and revenue climbed 14%. VA Tech Wabag won Rs 250 crore order from Bangalore.
- Mukesh Buch
- 13 Jan, 2014
- New York City
Alnylam surged 65% after Sanofi offered to take 12% stake. Beam agreed to be acquired by Japan-based Suntory for $16 billion. Lululemon shares tumbled 16% on weaker than expected fourth-quarter outlook. Wendy''s lifted same store sales outlook.
- Nigel Thomas
- 13 Jan, 2014
- New York City
Alcatel Lucent plans to sell-off its enterprise business. Amec agreed to buy Foster Wheeler AG for $3.2 billion. Continental expects sales to grow 5%. Suedzucker net declined 6% to
- Mukesh Buch
- 13 Jan, 2014
- New York City
Dishman Pharma plans to sell its China plant. Exide net declined 26% and revenue plunged 11%.GMR Infra expects revenue to grow modestly. GVK Power plans to sell stake in its airport business. NMDC said third-quarter production and sales rose. Tata Steel sales jumped 9%.
- Marcus Jacob
- 13 Jan, 2014
- New York City
Australian market indexes dropped in weak trading volume and miners closed lower. Home loan approvals in November increased 1.1% to 52,912. Telstra sold its Sensis directories business at a significantly lower than expected price. Saputo extended its offer one more time.
- Nichole Harper
- 10 Jan, 2014
- New York City
U.S. stocks traded sideways and employers at all levels added fewer than expected 74,000 jobs in December. Average monthly payroll increase of 182,000 matched previous two years. Jobless rate declined to 6.7%. Sears Holdings plunges after dismal holiday performance.
- Mukesh Buch
- 10 Jan, 2014
- New York City
Alcoa net swung to a loss of $2.34 billion and pleaded guilty to a criminal charge and agreed to pay $384 million in penalties. Five Below declined on outlook. Sears Holdings tumbled after forecasted adjusted loss in quarter and for year. Synnex net dropped 5%.
- Nigel Thomas
- 10 Jan, 2014
- New York City
Cineworld Group plans to acquire Cinema City International for
- Hiruki Nakamura
- 10 Jan, 2014
- New York City
Nikkei index in Tokyo gained 0.2% and fell 2.3% in the week. The yen traded near 105 against the U.S. dollar. Investors await structural reforms announcement from the government.
- Mukesh Buch
- 10 Jan, 2014
- New York City
IndusInd Bank net surged 30% as non-performing assets jumped to 1.2%. MTNL declined despite Union Cabinet clearing spectrum refunds. Reliance said gas production at KG-D6 fields increased 15%. Va Tech Wabag secured order worth $40 million from Tanzania.
- Marcus Jacob
- 10 Jan, 2014
- New York City
Australian new home sales surged 7.5% on a 30% surge in multi-unit sales. Market indexes extended losses on growing worries about China
- Nichole Harper
- 09 Jan, 2014
- New York City
U.S. indexes declined on weak retailers and weekly jobless claims declined European Central Bank noted progress in the economic growth but left its reference rate at historic low of 0.5%. Yesterday, Bank of England left its lending rate unchanged.