- Mukesh Buch
- 13 Mar, 2013
- New York City
Bank of Baroda raised $170 million from the Government of India. Jet Airways sold parking slots in Brussels. L&T agreed to sell its stake in a joint venture to Komatsu. Tata Steel agreed to take 51% for $300 million in Canada based Labrador Iron Mines.
- Barry Randall
- 12 Mar, 2013
- New York City
Market indexes across the currency zone closed mixed with a negative bias after France said it is likely to miss its deficit and growth targets. Spain said it plans to sell bonds in unscheduled auctions this week. Italy placed 7.75 billion euros of one-year debt at yield of 1.28%.
- Nichole Harper
- 12 Mar, 2013
- New York City
Market indexes in New York traded slightly higher as the S&P 500 index inched closer to its all-time high. U.S. Treasury is scheduled to sell $32 billion of debt today and Italy attracted more than expected demand for its bond auction but at a higher yield.
- Mukesh Buch
- 12 Mar, 2013
- New York City
Amedisys fourth quarter net swung to $106.8 million loss and Casey
- Hiruki Nakamura
- 12 Mar, 2013
- New York City
Stocks in Tokyo halted 8-day rally after investors worried of stretched valuations. Japanese government priced its stake sale in Japan Tobacco at 2% discount to the closing price on Monday. Nippon Steel said it will trim production capacity by 7%.
- Nigel Thomas
- 12 Mar, 2013
- New York City
Antofagasta said profit for the year declined 19%. Inchcape profit plunged 29% to
- Marcus Jacob
- 12 Mar, 2013
- New York City
Australian stocks declined and closed at the low of the day after resource sector stocks fell for the second day in a row. Spot price of iron ore eased to $144 a ton. Rio Tinto said it will cut its investment in Guinea iron ore project.
- Mukesh Buch
- 12 Mar, 2013
- New York City
Eros climbed after the U.S. based retirement fund acquired a minority stake. Australia based Aurizon agreed to buy 51% in GVK Hancock''s projects. French subsidiary of Titagarh Wagons secured order worth
- Nichole Harper
- 11 Mar, 2013
- New York City
Stocks in New York traded sideways and market indexes paused on the global worries. China reported inflation rose at the fastest pace in ten months in February and factory output and retail sales lagged expectations. Italy reported its sixth quarter decline in economic activities in a row.
- Mukesh Buch
- 11 Mar, 2013
- New York City
Dick''s Sporting fourth quarter net jumped 7% to $129.7 million. Emulex extended offer period to UK based Endace Limited. China based social networking Renren fourth quarter net swung to loss.
- Nigel Thomas
- 11 Mar, 2013
- New York City
Brady profit for the year declined 76%. Elan plans to buy back $1 billion of shares. Nordex earnings for the year climbed 33%. Ladbrokes expanded partnership with Playtech. Soco profit for the year surged 134%.
- Hiruki Nakamura
- 11 Mar, 2013
- New York City
Stocks in Tokyo extended rally for the eighth day in a row and the Nikkei index closed at a new 5-year high. The yen dropped to a low not seen since August 2009. Warehouse and real estate stocks led the surge.
- Marcus Jacob
- 11 Mar, 2013
- New York City
Australian stocks inched higher after banks and resource stocks led the gainers. The benchmark ASX 200 index closed at a new high since June 2008. CSR said it plans to cut 150 jobs. Retailer Woolworths gained 1% to close at a new record high.
- Mukesh Buch
- 11 Mar, 2013
- New York City
Amtek Auto agreed to acquire German based NeumayerTek Group for $500 million. GVK Power signed partnership with Australia based Aurizon for two projects. Indiabulls merged with its housing finance company.
- Nichole Harper
- 08 Mar, 2013
- New York City
Stocks in New York searched for direction after employers added more-than-expected 236,000 jobs and jobless rate declined to 7.7%. Housing sector strength also contributed to the jobs increase in financial services and other sectors. Wholesale inventories increased 1.2% in January.