Nov 25, 2013 10:55 AM ET
Australian stocks opened higher and the Aussie dollar extended its loss in the month and neared a three-month low. India based GVK and Aurizon are closer to an agreement to develop rail link to port in Queensland. Charter Hall completed $80 million offering.
Nov 25, 2013 10:44 AM ET
Apple agreed to acquire Israel-based PrimeSense for $360 million. Heico raised its revolving credit facility to $1 billion. Microsoft sold more than 1 million Xbox One video-game consoles in less than a day. Wal-Mart elected McMillon as president and chief executive.
Nov 25, 2013 10:16 AM ET
Aryzta said revenue rose 0.4% to €1.1 billion. Cranswick profit surged 23%. Chemring Group revenue dropped 24%. Essar Energy reported wider net loss. Orange plans to sale its Dominican Republic telecom business for €1 billion.
Nov 25, 2013 10:08 AM ET
Axis Bank will be include in the Sensex index from December 23. EIL won $139 Million contract in Nigeria. GVK Power-Aurizon signed rail and port terminal agreement in Australia. Pfizer and Wyeth board approved proposed merger. Siemens net plunged 44%.
Nov 22, 2013 12:46 PM ET
U.S. indexes extended gains and major averages trade in record territory. Unemployment rate in 28 states declined and Florida led the nation with a gain of 44,600 jobs in October.
Nov 22, 2013 11:42 AM ET
Ann, apparel retail said comparable sales rose 3.7%. Aruba said net loss widened. Foot Locker net fell 2% as sales dropped 7%. Gap profit jumped 9%. Hibbett Sports net declined 9%. PetSmart net soared 12%. Ross Stores net jumped 8% and sales climbed 6%.
Nov 22, 2013 11:03 AM ET
Stocks in Tokyo advanced and index advance led the developed markets on the continued weakness in the yen. Sony plans to cut $250 million in costs in its entertainment division. Hitachi Ltd plans to issue 60 billion yen of loans to repay debts and fund capital expenditure.
Nov 22, 2013 10:00 AM ET
Future profit surged but revenue dropped to 9%. Novartis launched its $5 billion share buyback program. TUI Travel plunged after Fredriksen sold his entire stake of 5.4%. Tullow Oil discovered its fifth consecutive oil rift.
Nov 22, 2013 9:34 AM ET
Australian stocks rebounded after a 4-day decline and Australian dollar declined to a two-month high. CFS Retail Property plans to sell a shopping center in Victoria for $100 million. Goodman Group offered $1.5 billion for Brazil based industrial properties.
Nov 22, 2013 9:24 AM ET
Cairn India board is expected to approve a share buyback plan next week. Cipla acquired a stake of 14.5% in Uganda-based Quality Chemical. Dabur plans to buy manufacturing facility of Delhi-based Northern Aromatics. NHPC is scheduled to begin its $400 million share buyback plan next week.