- Mukesh Buch
- 12 Jan, 2015
- New York City
AmerisourceBergen agreed to acquire MWI Veterinary Supply for about $2.5 billion. Kellogg plans to acquire 86% stake in Egypt-based biscuit maker. SanDisk tumbled on weak forecast. Tekmira Pharma agreed to acquire OnCore Biopharma to form new company.
- Marcus Jacob
- 12 Jan, 2015
- New York City
Australian indexes closed lower and the Aussie dollar edged up in thin trading as oil prices eased. Fairfax Media acquired the remaining 50% stake in Metro Media Publishing for $72 million.
- Nigel Thomas
- 12 Jan, 2015
- New York City
Aer Lingus Group rejected IAG
- Mukesh Buch
- 12 Jan, 2015
- New York City
Investors from U.S., Japan and Australia announce investment plans at Vibrant Gujarat summit. Adani struck a partnership with Australia-based Woodside Energy for energy exploration and invest $4 billion in partnership with U.S.-based SunEdison Inc in Gujarat.
- Nichole Harper
- 09 Jan, 2015
- New York City
Market indexes in New York declined as much as 1.1% after December month jobs increase was better-than-expected and jobless rate dropped to 5.6%. However, wages declined 0.2%. In 2014, employers at all levels added monthly 246,000 net new jobs after adding 196,000 a month in 2013.
- Mukesh Buch
- 09 Jan, 2015
- New York City
Acuity Brands net soared 15% on 12% increase in revenues. AZZ net jumped 9%. Bed Bath & Beyond profit declined 5% after revenues rose 3%. PriceSmart net dropped 5% but revenues climbed 8%. XL agreed to acquire Catlin Group for $4.2 billion.
- Nigel Thomas
- 09 Jan, 2015
- New York City
Laird Plc plunged 9% despite the engineering company reaffirmed its fourth-quarter outlook. Sodexo revenues in the first-quarter climbed 4.7% to
- Hiruki Nakamura
- 09 Jan, 2015
- New York City
Nikkei index in Tokyo gained in subdued trading and the yen traded near 119 against the U.S. dollar. Stable oil prices and low inflation in China also added to caution in Tokyo trading. Convenience store chain operator, Seven & I reported better-than-expected nine-month sales.
- Marcus Jacob
- 09 Jan, 2015
- New York City
Australian market indexes jumped 1.6% after oil price stabilized and international markets advanced. Inflation index in China was nearly flat at 1.5% in December prompting calls for more policy measures from the government.
- Mukesh Buch
- 09 Jan, 2015
- New York City
Infosys soared 5% after the second largest software services provider reported better-than-expected results and offered an improved outlook. ABB won a contract Rs 256 crore in Sri Lanka. NBCC secured an order worth Rs 1,237 crore in Odisha. Tech Mahindra acquire Geneva-based Sofgen Holdings.
- Mukesh Buch
- 08 Jan, 2015
- New York City
Apollo Education net plummeted 66% on 15% decline in revenues. Constellation Brands profit jumped 5%. Family Dollar net tumbled 47%. Global Payments net edged up 1% but revenues soared 10%.
- Marcus Jacob
- 08 Jan, 2015
- New York City
Australian stocks and dollar traded higher after a surprise increase in buildings approvals. Seasonally adjusted November building approvals surprisingly increased 7.5% after upwardly revised 11.5% in October.
- Hiruki Nakamura
- 08 Jan, 2015
- New York City
Stocks in Tokyo followed market advances in Europe and New York. Fast Retailing Co reported 64% jump in earnings on 23% increase in sales led by higher casual-wear sales and weaker yen. Honda Motor Co agreed to pay $70 million to the U.S. transportation regulator.
- Mukesh Buch
- 08 Jan, 2015
- New York City
HDFC Bank plans to raise Rs 10,000 crore or $1.6 billion. Wipro won a $400 million contract from the Swiss-based ABB. Kotak Mahindra closed at a record high after shareholders approved the purchase of ING Vysya Bank.