- Nigel Thomas
- 19 Mar, 2015
- New York City
Fraport Services net jumped 6% to
- Hiruki Nakamura
- 18 Mar, 2015
- New York City
Seasonally adjusted trade deficit in February widened 55% from January. Exports declined 7% and imports eased 3.4%. The yen weakening to above 121 against a dollar lifted market indexes in Tokyo. Seven & I jumped on a speculation that profit for the year ending in February is ahead of expectations.
- Marcus Jacob
- 18 Mar, 2015
- New York City
Australian market indexes traded volatile and Aussie dollar lacked direction ahead of U.S. Fed statement. Iron ore prices extended three-year losses as four largest iron ore miners in the world continue to ramp up capacity.
- Mukesh Buch
- 19 Mar, 2015
- New York City
IDBI Bank completed the stake sale in Credit Analysis and Research to LIC. Larsen & Toubro won orders for ₹1,255 crore in March. RPP Infra secured an order worth ₹16.6 crore from Mangalore SEZ Ltd. Rajesh Exports acquires export order about ₹1,265 crore from UAE.
- Hiruki Nakamura
- 19 Mar, 2015
- New York City
Japan indexes gained and the yen traded near its low in the year as the U.S. Fed left forecasted low rates to continue in the near future. Mitusi & Co Ltd acquired a minority stake in Penske Truck Leasing Co from General Electric Capital Corp.
- Marcus Jacob
- 19 Mar, 2015
- New York City
Australian market indexes soared following Fed announcement. BHP, Rio and Fortescue were in focus after 5% drop in iron ore price to a six-year low. Myer Holdings declined to a new low after first-half profit declined 23%.
- Mukesh Buch
- 17 Mar, 2015
- New York City
Arcos Dorados net tumbled 69% on 13% decline in revenues. Burlington Stores profit surged 49%. DSW net jumped 8%. FactSet Research profit soared 18%. EU antitrust regulator extended deadline on Alstom acquisition. Macerich rejected $14.39 billion unsolicited offer.
- Nigel Thomas
- 17 Mar, 2015
- New York City
IG Group third-quarter revenues declined 5% to
- Marcus Jacob
- 17 Mar, 2015
- New York City
Australian stocks rebounded on the back of resource sector and banks. Gold and crude oil declined in trading in Asia and in Australia. BHP Billiton said the South32 spinoff cost is likely to reach $738 million.
- Mukesh Buch
- 16 Mar, 2015
- New York City
Blackstone agreed to acquire Willis Tower, in Chicago for $1.3 billion. Life Time Fitness in a deal to go private for about $4 billion. Schulman agreed to buy for $800 million. Scripps Networks agreed to acquire 52.7% stake in Poland-based broadcaster TVN for $619 million.
- Nigel Thomas
- 16 Mar, 2015
- New York City
Antofagasta may close it Chile-based Los Pelambres project after a court ruling. Eni signed an agreement with Egypt to invest as much as $5 billion. Aviva received regulatory approval for Friends Life. Holcim rejected
- Hiruki Nakamura
- 16 Mar, 2015
- New York City
Market indexes in Tokyo declined and the yen weakened ahead of the U.S. rate decision this week. The yen dropped to a new six-year low after the euro extended nine-month losses to 40%.
- Mukesh Buch
- 18 Mar, 2015
- New York City
Ambuja Cements won coal mining rights in Chhattisgarh. Madhucon Projects received new road project order worth ₹397 crore in Tamil Nadu. Wipro acquired a minority stake in Drivestream Inc. for $5 million.
- Mukesh Buch
- 17 Mar, 2015
- New York City
Sensex in Mumbai traded higher and the rupee declined. Central and state government stepped up contract awards to accelerate urban renewal and infrastructure development. State Bank of India to conduct first online property auction and increase collection on bad debts.
- Mukesh Buch
- 16 Mar, 2015
- New York City
Wholesale price index in India declined for the second month in a row on weak commodities prices and improving food distribution. Inox Wind plans to raise $111 million through a stock sale to institutional investors. L&T won a contract for $10 million from Rail Vikas Nigam Ltd.