- Mukesh Buch
- 27 Dec, 2013
- New York City
DeMet''s Candy agreed for acquired by Yildiz Holdings for $221 million. GM
- Nigel Thomas
- 27 Dec, 2013
- New York City
Electrawinds won a court approval to negotiate with creditors for its subsidiary. Evraz sold its iron ore assets in Russia. International Personal Finance fined by Polish Office of Consumer Protection. Vestas Wind won fourth contract in a week.
- Mukesh Buch
- 26 Dec, 2013
- New York City
eBay sales climbed 10% from Thanksgiving through December 22. Scientific Protein Laboratories agreed to acquire by China-based Shenzhen Hepalink for $337.5 million in cash. Softbank looks to raise financing to acquire T-Mobile. UPS and FedEx struggle to deliver packages.
- Nichole Harper
- 26 Dec, 2013
- New York City
U.S. market indexes advanced and weekly jobless claims declined. Markets in Europe were closed and British discount shops saw a surge in traffic on Boxing Day. Reserve Bank of India is likely to pursue other measures than interest rate management to combat elevated inflation.
- Nichole Harper
- 24 Dec, 2013
- New York City
U.S. stocks extended gains during short trading session. Durable goods orders increased 3.5% in November and new home sales fell 2.1% but average home price increased to a record high.
- Mukesh Buch
- 24 Dec, 2013
- New York City
CalAmp revenue soared 43% but net rose modest 1%. Ennis net surged 51% on sales increase of 6%. ImmunoCellular soared on encouraging cancer drug test results. Westmoreland Coal agreed to acquire coal mining operations of Sherritt Intl Corp for $435 million.
- Nigel Thomas
- 24 Dec, 2013
- New York City
Bankia sold its stakes in private-equity firms. Boskalis
- Nichole Harper
- 23 Dec, 2013
- New York City
U.S. and world markets extended gains and gold and crude oil declined. U.S. household spending increased and consumer confidence index also advanced. China Mobile will begin selling Apple made phone.
- Mukesh Buch
- 23 Dec, 2013
- New York City
Jos. A. Bank Clothiers rejected acquisition offer from Men''''s Wearhouse. Piedmont Natural Gas net climbed 12%. Regency Energy agreed to buy midstream business of Eagle Rock Energy for $1.3 billion. Seagate agreed to acquire Xyratex for $374 million.
- Hiruki Nakamura
- 23 Dec, 2013
- New York City
Government in Japan planned for higher tax revenues from rising corporate taxes and higher sales tax and revenues bonds to pay for 43% of total spending, lower than 46.3% in the current fiscal year that ends in March.
- Nigel Thomas
- 23 Dec, 2013
- New York City
ARM Holdings rose after China Mobile announced its plan to sell Apple iPhone from next month. Prada said revenue climbed 10% to
- Marcus Jacob
- 23 Dec, 2013
- New York City
In light trading, Australian market indexes extended gains. Three companies completed public offerings. Boart Longyear surged 15% after the company reaffirmed its earnings outlook. Syrah Resourced won a 25-year mining license in Mozambique.
- Mukesh Buch
- 23 Dec, 2013
- New York City
Hindustan Construction won a contract worth Rs 1,597 crore for power project in Uttrakhand. Il&Fs awarded a joint venture contract worth Rs 144.65 crore for a railway project. Qatar Investment is in talk with Kotak Realty Fund to invest $200 million.
- Nichole Harper
- 20 Dec, 2013
- New York City
U.S. revised its third quarter economic growth estimate to 4.1%, the strongest increase in nearly two years but underlying rate of growth remained at 2.5%. Global markets surged and extended yearly gains and the dollar strengthened.
- Hiruki Nakamura
- 20 Dec, 2013
- New York City
Stocks in Japan closed higher and extended weekly gain to 3% and the yen eased and fell below 104 against one dollar. Bank of Japan kept its plan to expand monetary base intact and said inflation expectations are rising.