- Sarla Buch
- 26 Nov, 2015
- New York City
Sensex rebounded and resource stocks led the gainers. L&T secured two orders worth $200 million in November. Idea Cellular agreed to buy wireless spectrum from Videocon in the Uttar Pradesh and Gujarat circles for ₹3,310 crore.
- Marcus Jacob
- 25 Nov, 2015
- New York City
Stock markets in Australia decline as tension between Turkey and Russia escalated. The Utilities Trust of Australia secure electricity transmission network contract for $10 billion from the New South Wales government.
- Lucy Stoeva
- 25 Nov, 2015
- New York City
Stock markets in Europe recouped losses on Wednesday as positive company announcements alleviated the pressure of political concerns. The U.K government announced plans to invest
- Nichole Harper
- 24 Nov, 2015
- New York City
Market indexes on Wall Street rebounded from the fall of 1% and the U.S. third-quarter economic growth was revised higher to 2.1% from the first-estimate of 1.5%. European markets dropped more than 1% after tensions rose between Russia and Turkey.
- Mukesh Buch
- 24 Nov, 2015
- New York City
Analog Devices net plunged 11% but revenues surged 20%. Cracker Barrel net jumped 20%. Campbell Soup net tumbled 19% to $315 million. Dollar Tree net fell 8%. Eaton Vance net and revenues declined. Tiffany profit surged but cited cautious outlook. Tech Data net edged up.
- Lucy Stoeva
- 24 Nov, 2015
- New York City
European bourses recorded losses on Tuesday as the political and tourism environments deteriorate. Zodiac Aerospace said core annual earnings declined 44%. Kingfisher revenues dropped 3%. Rolls-Royce announced a major restructuring.
- Hiruki Nakamura
- 24 Nov, 2015
- New York City
Nikkei in Tokyo edged higher in listless trading and corporate news dominated trading sentiment in the absence of economic development. Nitto Denko jumped after its drug treatment for liver fibrosis won a favourable designation from the U.S. drug regulator.
- Marcus Jacob
- 24 Nov, 2015
- New York City
Declining commodity prices led to a broad sell-off in mining and materials stocks. Billabong tumbled due to weak results and market outlook. Carlyle and TPG plan to sell their entire stake of 18% in Healthscope.
- Sarla Buch
- 24 Nov, 2015
- New York City
Stocks in Mumbai trading lacked directions as foreign investors trim holdings. Japan-based Nippon Life Insurance lifted its stake from 26% to 49% in Reliance Life Insurance. Max India plans to sell 23% stake in Max Bupa Health insurance.
- Nichole Harper
- 23 Nov, 2015
- New York City
Market indexes on Wall Street traded higher on Merger Monday and resource stocks led the gainers after Saudi Arabia agreed to cooperate with other oil producers to stabilize prices. Pfizer and Allergan agreed to the biggest merger in the healthcare sector.
- Mukesh Buch
- 23 Nov, 2015
- New York City
Pfizer agreed merger of Botox maker Allergan for $160 billion. GE agreed to sell its U.K.-based home loans business of $5.9 billion to consortium led by Blackstone. Brookfield agreed to support Australia-based Asciano. Jacobs Engineering net tumbled. Tyson Foods net surged.
- Lucy Stoeva
- 23 Nov, 2015
- New York City
Stock markets lost ground in Europe on weakening commodity prices. Playtech terminated merger agreement with Plus500. Tod
- Sarla Buch
- 23 Nov, 2015
- New York City
Tata Communications is in talks with South Africa-based Vodacom SA to sell its Africa-based subsidiary Neotel. SeQuent Scientific
- Marcus Jacob
- 23 Nov, 2015
- New York City
Stocks in Sydney trading struggled after commodities prices reached a 6-year low. Deal news lifted the market sentiment after Woolworths is looking to sell its struggling retail unit and Veda Group advised shareholders to accept $2.5 billion deal from Equifax.
- Nichole Harper
- 20 Nov, 2015
- New York City
S&P 500 index extended weekly gains to 3.4% and the widely followed measure is set to register best weekly gains in a year. Nike set the pace for the market gains in New York and ABN Amro was relisted in Amsterdam.