- Mukesh Buch
- 18 Dec, 2014
- New York City
Accenture net soared 11% on 7% increase in revenues. Actuant net declined 31%. ACE agreed to acquire the U.S.-based Fireman''''s Fund from Allianz SE for $365 million. ConAgra profit tumbled 96% and sales dropped 2%. Rite Aid net surged 47%. Scholastic net soared 18%.
- Nigel Thomas
- 18 Dec, 2014
- New York City
Fortune Oil agreed to acquire by Fortune Dynasty Holdings for
- Marcus Jacob
- 18 Dec, 2014
- New York City
Stocks in Australia closed higher following a rebound in Asian markets after the U.S. Fed left its key rate unchanged showed patience towards rate hike in 2015. Lovisa Holdings completed its $2 a share initial public offering and said annual sales rose 30%.
- Hiruki Nakamura
- 18 Dec, 2014
- New York City
Stocks in Japan shot up following a surge in U.S. market indexes after the Fed appeared to be in no hurry to advance rate hike schedule in 2015. Adventure, the online air ticket site operator, soared 87% on debut. Dairei Co and Gumi closed below initial public offering prices.
- Mukesh Buch
- 17 Dec, 2014
- New York City
FedEx net soared 23% on 5% increase in revenues. General Mills net declined 37%. Herman Miller net swung to profit. Jabil Circuit profit tumbled 39% despite revenues climbed 5%. Oracle net dropped 2%.Worthington Ind net jumped 28%.
- Nigel Thomas
- 17 Dec, 2014
- New York City
Dixons Carphone net loss widened despite revenues surged nearly three-fold. Evraz delayed initial public offering of its North American unit.
- Mukesh Buch
- 18 Dec, 2014
- New York City
Godrej Ind sold stake in Godrej Properties and raised Rs 75 crore. IOCL started refinery of 15 million metric ton per year capacity in Odisha. L&T and Canada Pension Plan Investment Board invested Rs 1,000 crore in subsidiary of L&T.
- Devan Biswas
- 17 Dec, 2014
- New York City
Federal Reserve at the end of its two-day meeting lowered its assessment of jobless rate and inflation next year and softened its tone towards the rate hike in 2015.
- Nichole Harper
- 17 Dec, 2014
- New York City
President Barack Obama at a White House briefing this afternoon announced the end of diplomatic isolation of Cuba in place since 1961.
- Nichole Harper
- 17 Dec, 2014
- New York City
U.S. stocks on Wall Street traded higher after the latest decline in CPI was larger than expected. The fifth monthly only price decline drove the fall in the reported measure of inflation that many believe understates the inflation. U.S. lifted diplomatic sanctions on Cuba after five decades.
- Hiruki Nakamura
- 17 Dec, 2014
- New York City
Stocks in Japan and in Asia stabilized but Nikkie index lacked direction. The yen gained a fraction and oil and gold closed up. Japan Tobacco plunged more than 7% on the worries of Russia sales and a possible increase domestic tax.
- Marcus Jacob
- 17 Dec, 2014
- New York City
Australian stocks rebounded after a string of losses in last five days of trading. Aussie dollar dropped to a new four-and-half year low. Santos Limited agreed to sell assets and reduce debt burden. 8I Holdings, Ohh Media and LatAm completed initial public offering.
- Mukesh Buch
- 17 Dec, 2014
- New York City
Alstom secured an order worth Rs 151 crore from Rajasthan. Jagran Prakashan plans to buy Music Broadcast Pvt. Ltd. for about Rs 500 crore. SpiceJet may request Indian banks or financial institutions to extend its loans for Rs 600 crore.
- Mukesh Buch
- 16 Dec, 2014
- New York City
Boeing and CVS Health increase quarterly dividend and expand stock buyback program. FactSet Research net climbed 7%. Navistar net loss narrowed. Talisman Energy surged 48% after a $13 billion deal with Spain-based Repsol. VeriFone net swung to profit.
- Nichole Harper
- 16 Dec, 2014
- New York City
U.S. indexes and oil prices in New York were stable at least for today and Russia faced foreign exchange crisis. U.S. dollar and treasuries and the yen rose as investors avoided exposure to currencies of emerging markets.