- Mukesh Buch
- 07 Sep, 2015
- New York City
Reliance Infrastructure signed a naval and commercial services agreement with the U.A.E. based Abu Dhabi Ship Building. SREI Infra plans to sell its stake in Viom Networks. Hathway Cable and NATCO Pharma won RBI approval to sell additional stake to foreign investors.
- Nichole Harper
- 04 Sep, 2015
- New York City
Market indexes on Wall Street declined more than 1.5% as the latest jobs report did little to calm investors. August month nonfarm payrolls increased less-than-estimated 173,000 and July employment was revised higher to 245,000. Jobless rate declined to 5.1%.
- Hiruki Nakamura
- 04 Sep, 2015
- New York City
Nikkei average declined more than 2% and extended weekly loss to 7% in the largest weekly drop since April 2014. The widely followed benchmark declined to a new seven-month low.
- Marcus Jacob
- 04 Sep, 2015
- New York City
Aussie dollar drops to a new six-year low as foreign investors dump the weakening currencies of resource exporting nations. For the week the ASX 200 index declined 4.3% in volatile trading.
- Mukesh Buch
- 04 Sep, 2015
- New York City
Russia-based Rosneft plans to sell 15% stake in one of its largest oil fields for $1.27 billion to ONGC. Reserve Bank of India lifted foreign investor stake limit to 40% in Ashok Leyland. Rajesh Exports extended the latest string of export order win with a new order from Singapore.
- Mukesh Buch
- 04 Sep, 2015
- New York City
Allergan agreed to acquire AqueSys for $300 million. BlackBerry agreed to acquire Good Technology for $425 million. Cooper net tumbled 49% but revenues jumped 7%. Esterline lowered annual outlook. UTi Worldwide net loss widened. VeriFone net swung to profit.
- Nigel Thomas
- 04 Sep, 2015
- New York City
Bwin.Party accepted a higher offer from GVC and terminated merger plan with 888 Holdings. Altran profit surged 34% on 11% increase in revenues. Aer Lingus passenger traffics in August jumped 5.3%. Emis profit jumped 8%.
- Nichole Harper
- 03 Sep, 2015
- New York City
Investors looked ahead to the monthly employment data release tomorrow. Global markets gained in quiet trading and bond yields fell in the euro zone after the European Central Bank trimmed growth and inflation outlook.
- Hiruki Nakamura
- 03 Sep, 2015
- New York City
Nikkei average in Tokyo closed higher and the yen strengthened in thin trading. Nikkei traded above 18,000 but investors worried that the quarter profit may fall below expectations.
- Marcus Jacob
- 03 Sep, 2015
- New York City
The latest read on Australian retail sales added to domestic economic anxieties following the weak economic growth data released this week. In addition, trade deficit in July narrowed but core exports of coal and metal ores fell.
- Nigel Thomas
- 03 Sep, 2015
- New York City
Syngenta announced a share repurhcase plan of more than $2 billion. UCB unit agreed to be acquired by Lannett for $1.2 billion. easyJet lifted fiscal outlook. Co-operative Group swung to profit. Lookers agreed to acquire Benfield Motor.
- Mukesh Buch
- 03 Sep, 2015
- New York City
Volatile Sensex in Mumbai jumped up more than 1% following relative stability in world markets. Punj Lloyd plans to invest $300 million to expand its defense facilities. VA Tech received an order from Malaysia-based Petronet worth $250 million.
- Mukesh Buch
- 03 Sep, 2015
- New York City
Lannett agreed to acquire a unit of UCB for $1.2 billion. AOL agreed to acquire Millennial Media for $250 million. Campbell Soup net tumbled 45%. Ciena profit jumped 46%. Greif net plunged 37.2% but lifted fiscal outlook. Joy Global net plunged.
- Nichole Harper
- 02 Sep, 2015
- New York City
Global markets stabilized after China took steps to support stocks with the help of nine large brokerage houses. Stocks on Wall Street advanced after productivity rose at a faster pace in the second quarter. Crude oil eased on rising inventories.
- Mukesh Buch
- 02 Sep, 2015
- New York City
AeroVironment net loss widened. Ambarella net more than doubled. H & R Block announced a stock buyback plan of as much as $3.5 billion through June 2019. Navistar sales declined 11%. Valeant agreed to acquire surgical devices maker Synergetics for $6.50 a share.