- Arthi Gupta
- 19 Dec, 2012
- New York City
DSM completed its acquisition of Fortitech for
- Mukesh Buch
- 18 Dec, 2012
- New York City
Diamond Foods first quarter net swung to loss as sales declined and FactSet Research first quarter net jumped 9% to $49.8 million and Jefferies Group fourth quarter net surged 48% to $71.6 million. Sanderson Farms fourth quarter net swung to profit.
- Arthi Gupta
- 18 Dec, 2012
- New York City
The UK annual inflation remained unchanged at 2.7% in November and home prices increased in October. Irish economy expanded in the third quarter. Rolls-Royce won a $1 billion contract from Japan-based Skymark Airlines.
- Arthi Gupta
- 18 Dec, 2012
- New York City
U.S. current-account deficit narrowed in the third quarter. ConocoPhillips agreed to sell its Algerian business unit for $1.75 billion. Coca-Cola Enterprises affirmed full-year earnings guidance.
- Arthi Gupta
- 18 Dec, 2012
- New York City
The European indexes gained on positive developments in fiscal cliff talks. Spain raised
- Arthi Gupta
- 18 Dec, 2012
- New York City
Spanish banks'' bad loans ratio reached record levels and Italian current account deficit narrowed in October. Swedish central bank cut its key interest rate by 25 basis points.
- Arthi Gupta
- 18 Dec, 2012
- New York City
Allianz agreed to pay more than $12.3 million to settle SEC charges. Gerresheimer acquires Indian pharma plastic packaging manufacturer Triveni. Petrofac expects to deliver net profit growth of at least 15% in 2012.
- Bikram Pandey
- 17 Dec, 2012
- New York City
Stocks on Wall Street gained on the progress in budget negotiations however lawmakers cautioned that a deal may be sealed next month. Commodities gained and the dollar eased. Liberal Democratic Party returned to power after five years lifting hopes for policy actions.
- Arthi Gupta
- 17 Dec, 2012
- New York City
The UK indexes dropped after home prices fell in December. BP plc agreed to sell its interest in the Sean gas field to SSE for $288 million. AVEVA acquired Global Majic
- Nigel Thomas
- 17 Dec, 2012
- New York City
The opposition Liberal Democratic Party was voted with super majority in a general election in Japan. Nikkei index gained 0.9% and reached a new 8-month high and electric utilities surged. Tepco soared 33%. The yen declined to 20-month low.
- Mukesh Buch
- 17 Dec, 2012
- New York City
AIG offers to sell $6.5 Billion of AIA shares. Cisco completed acquisition of privately held Cariden Technologies for $141 million. Sprint Nextel wins bid for Clearwire at $2.97 per share. Laclede Group agreed to buy two utilities from Southern Union valued $1.03 billion.
- Arthi Gupta
- 17 Dec, 2012
- New York City
The U.S. indexes gained on renewed optimism on fiscal cliff talks. Sun Life Financial agreed to sell its U.S. annuity business for $1.35 billion. Laclede agreed to acquire two Southern Union utilities in $1.035 billion deal.
- Marcus Jacob
- 17 Dec, 2012
- New York City
Australian stocks traded mixed and the benchmark index declined on a weakness in bank stocks. Uranium mining linked stocks traded higher after the opposition party was returned to power in Japan that favors restarting of nuclear power plants.
- Arthi Gupta
- 17 Dec, 2012
- New York City
The European indexes edged lower on disappointing economic data. GDF Suez agreed to sell 60% equity interest in its Canadian renewable generation portfolio for
- Arthi Gupta
- 17 Dec, 2012
- New York City
German manufacturing employment rose, French economic activity declined and Italian trade surplus rebounded in October. Euro zone swung to a trade surplus in October.