- 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.
- Mukesh Buch
- 11 Jun, 2015
- New York City
Blackhawk Network agreed to acquire Achievers Corp for an undisclosed amount. Box net loss widened. Delta Air Lines plans to buy 40 Boeing 737 planes. Destination Maternity net plunged 68%. Krispy Kreme profit surged 11%. Men''s Wearhouse net tumbled 37%.
- Hiruki Nakamura
- 11 Jun, 2015
- New York City
Nikkei average in Tokyo jumped following the gains in New York and Europe. Daiwa House set up a joint venture to build residential units in Malaysia. Supermarket retailer, Kobe Bussan Co Ltd reported better-than-expected earnings and sales.
- Marcus Jacob
- 11 Jun, 2015
- New York City
Australian market indexes traded higher for the second day in a row and the Aussie dollar held firm. Jobless rate in May declined to 6% from the revised 6.1% in April. Ramsay Health Care Limited soared after the private hospital operator reaffirmed earnings outlook.
- Mukesh Buch
- 11 Jun, 2015
- New York City
Central government is planning to pump $1.2 billion in state controlled banks and may need to do more if monsoon arrival is delayed. BEML won an order from Delhi Metro Rail Corporation. Aurobindo Pharma plans to invest ₹900 crore in drug development projects.
- Nichole Harper
- 10 Jun, 2015
- New York City
Market indexes on Wall Street gained on both sides of Atlantic on reports that Greece and international lenders are closer than expected in reaching a compromise. Johnson Controls is looking to sell its automotive business unit. Cap Gemini to raise
- Mukesh Buch
- 10 Jun, 2015
- New York City
Assurant will exit from health insurance business. Ferrellgas net plummeted 21% on 26% decline in revenues. Johnson Controls explore automotive business unit sale. Mattress Firm net plunged 29%. Sigma Designs net loss narrowed. SAIC net slipped 3%.