- Mukesh Buch
- 16 Jun, 2015
- New York City
Imports declined more than exports in May month in India. BPCL said the central government plans to sell 3% stake in the company. Essar Oil plans to sell majority stake to Russia-based OAO Rosneft. RComm plans to acquire Russia-based Sistema''''s Indian mobile phone unit.
- Marcus Jacob
- 16 Jun, 2015
- New York City
In weak trading, ASX 200 index closed unchanged and Warren Buffett controlled Berkshire Hathaway agreed to acquire 3.7% stake in Insurance Australia Group. Motor vehicles sales in May declined 1.3%.
- Nichole Harper
- 15 Jun, 2015
- New York City
Market indexes around the world were under pressure and the euro declined after talks between European lenders and Greece collapsed. Bond yields on 2-year Greek jumped to 29% and 10-year bond yield jumped to 12.4%. The euro fell 0.2%.
- Mukesh Buch
- 15 Jun, 2015
- New York City
CVS Health agreed to acquire the in-store pharmacy from Target for $1.9 billion. Comverse net loss widened and agreed to buy U.K.-based Acision. Masonite received binding offer from France-based Perceva. United Technologies plans to sell or split its Sikorsky helicopters business.
- Nigel Thomas
- 15 Jun, 2015
- New York City
Metro agreed to sell its department store chain to Canada-based Hudson''s Bay for
- Hiruki Nakamura
- 15 Jun, 2015
- New York City
Nikkei average closed down and the yen traded weak in listless trading. Honda Motor announced a charge to cover recall of airbags. Toshiba identified more accounting irregularities.
- Marcus Jacob
- 15 Jun, 2015
- New York City
In volatile pattern, market indexes trimmed morning losses in Australia and banks led the charge. Australian dollar gained but gold and crude oil closed nearly unchanged. Arrium Ltd declined after announcing additional impairment charges.
- Mukesh Buch
- 15 Jun, 2015
- New York City
Stocks in Mumbai rose after factory output increase and wholesale prices declined. Tata Motors reported May global sales including Jaguar Land Rover, rose 2.2%. Power Grid said after the government plans to sell 5% stake in the company.
- Nichole Harper
- 12 Jun, 2015
- New York City
The latest economic data pointed positive picture as a private survey showed an increase in consumer confidence and a measure of wholesale inflation was within the target range set by the Fed. European leaders gather one more time to discuss Greek bailout as tempers rise and mood sours.
- Mukesh Buch
- 12 Jun, 2015
- New York City
Twitter chief executive Dick Costolo steps down replaced by interim-CEO Jack Dorsey. Cherokee net edged up. Korn/Ferry profit soared 20% on 8% gain in revenues. MFRI net swing to a loss. Restoration Hardware net surged 37% and lowered fiscal outlook.
- Hiruki Nakamura
- 12 Jun, 2015
- New York City
Nikkei in Tokyo rose and investors digested latest batch of earnings. Industrial production increased for the first time in three months in April. Ateam said third-quarter sales increased 24% and estimated annual sales to increase 29%. Mitsubishi Corp launched a 60-year bond offering.
- Nigel Thomas
- 12 Jun, 2015
- New York City
SKY lifted its stake in Team Sky after the transfer of stake from 21st Century Fox. Boohoo.Com revenues surged 35%. Bonmarche net soared 78%. Bwin.party two shareholders will sell up to 50 million shares. Ted Baker revenues soared 24%.
- Marcus Jacob
- 12 Jun, 2015
- New York City
Australian market indexes extended losses and fell 4.1% in the week. Aussie dollar edged higher and crude oil and gold advanced in local trading. Rio Tinto backed uranium miner Energy Resources plunged 48% after abandoning its expansion plans.
- Mukesh Buch
- 12 Jun, 2015
- New York City
Reliance plans to launch Reliance Jio in December this year. Wipro initiated talks with the UK-based outsourcing group Equiniti for takeover valued at
- Nichole Harper
- 11 Jun, 2015
- New York City
Market indexes on Wall Street advanced and weekly jobless claims increased less than expected. The IMF recalled its debt negotiating team to Washington and contradicted Greek assertion that an agreement is in the offing.