Jun 20, 2013 9:29 AM ET
Airtel plans to invest $125 million in Gabon of Africa. TFCI board approved proposal to seek licence to set up a bank. Tata Steel signed five-year contract worth £45 million. Wipro won outsourcing contract worth $500 million from Citigroup.
Jun 19, 2013 9:19 AM ET
Actuant quarterly sales were flat and net swung to a loss. Adobe revenue and net jumped 66%. DISH Network said it would not submit a new takeover bid for Sprint. FedEx net plunged 45%. Tetra Tech dropped after it revised its third quarter outlook.
Jun 19, 2013 9:06 AM ET
Berkeley Group revenue for the year soared 32% and profit-after-tax surged 33% to £209.7 million. Imagination Technologies revenue jumped but profit for the year tumbled 70%. Liberty Global bid for Germany based cable operator Kabel Deutschland worth €7.5 billion.
Jun 19, 2013 8:31 AM ET
Australian stocks closed higher but the dollar struggled as iron ore prices remained weak in international trading. Rio Tinto eliminated 500 middle management positions in its iron ore division.
Jun 19, 2013 7:47 AM ET
Bhel secured contract worth $90 million. ICICI Bank raised $100 million through a Chinese debt market offering. Religare promoters reduce their stakes worth $182 million and apply for a banking license. Vakrangee promoters increased their stake.
Jun 18, 2013 7:40 AM ET
FactSet Research third quarter sales jumped and net climbed 11%. Hormel Foods lowered its earnings outlook for fiscal 2013. Motorcar Parts fourth quarter net loss widened. Mechel first quarter net swung to a loss.
Jun 18, 2013 7:37 AM ET
Aggreko anticipates group revenues in the first half to climb 5%. Chemring Group secured order worth $25.2 million. Co-operative Bank plan to raise £1.5 billion to restructuring the debt. SDL lowered its full year outlook. Whitbread first quarter group sales jumped 13.8%.
Jun 18, 2013 8:39 AM ET
Market indexes in Tokyo edged lower and hugged the recent bear market level after smaller investors continued to sell stocks. However, foreign and domestic large investors added net positions to cyclical and real estate companies on the expectations of rising profits.
Jun 18, 2013 8:18 AM ET
Australian market indexes trended lower and the dollar remained under pressure. The rate setting committee at the central bank showed willingness to lower reference rates despite the recent weakness in the dollar. Lynas decided to drop a defamation case against a Malaysian activist group.
Jun 18, 2013 8:12 AM ET
L&T is bidding for defense contracts of $1.4 billion. RCom surged after new national roaming regulations. VA Tech Wabag secured order worth Rs 262 crore from Nepal.