- Mukesh Buch
- 14 Jan, 2015
- New York City
Bajaj Finance profit climbed 33%. Kajaria Ceramics net surged 55%. LIC Housing Finance net rose 5%. Reserve bank allowed Tata Sons to acquire Japan-based NTT DoCoMo Inc''s stake worth $1.1 billion in Tata Teleservices.
- Lyubov Smirnova
- 13 Jan, 2015
- New York City
Ruble in Moscow trading dropped to a new low and fell to 65.73 against the dollar and 77.50 against the euro. The fall in Russia
- Nichole Harper
- 13 Jan, 2015
- New York City
Stocks on Wall Street rebounded and dollar strengthened on the continuing slide in oil prices and earnings announcements pick up. Russian ruble dropped to a new low after crude oil futures declined to a near six-year low.
- Mukesh Buch
- 13 Jan, 2015
- New York City
Alcoa net swung to profit $159 million on 14% increase in revenues. IHS net soared 47%. KB Home profit surged on income tax benefit of $824.2 million. Limoneira net swung to a loss. Synnex net climbed 38% on 25% increase in revenues.
- Hiruki Nakamura
- 13 Jan, 2015
- New York City
Nikkei index in Tokyo closed lower and the yen traded around 119 against one dollar. Japan reported better-than-expected current account balance, fifth monthly surplus in a row. Aeon plunged 6% after the supermarket operator reported 72% plunge in operating profit.
- Nigel Thomas
- 13 Jan, 2015
- New York City
Areva and consortium lost nuclear decommissioning contract worth about
- Marcus Jacob
- 13 Jan, 2015
- New York City
Australian market indexes fell following weak crude oil prices. China reported better-than-expected December month trade surplus of $49.5 billion. Rio Tinto announced $2.5 billion investment in India and also plans to begin uranium shipments to India in two years.
- Mukesh Buch
- 13 Jan, 2015
- New York City
Seventh biennial Vibrant Gujarat drew investors from around the world but investment commitments are rarely followed through. IndusInd Bank net climbed 29%. RCom secured contract worth 750 crore rupees from the India-based and UK-focused Vertex.
- Nichole Harper
- 12 Jan, 2015
- New York City
Market averages in New York extended losses after the S&P 500 index closed down for the second week in a row. The sustained oil price decline as left investors debating the broader implications on the world economic growth outlook and the benefit to the U.S. consumers.
- 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.