Nov 29, 2013 11:56 AM ET
Consumer price index increased for the fourth month in a row in October and prices rose at the fastest pace in years. Industrial output increased at a slower than expected pace in October and unemployment rate was unchanged.
Nov 29, 2013 10:38 AM ET
Acal profit surged and revenue jumped 3%. Compass Group profit plunged 29% to £429 million. Carillon won contract for £800 million from Sunderland City Council. Hammerson raised $443 million from nine U.S. institutions. RPC Group profit tumbled 55%.
Nov 29, 2013 10:27 AM ET
Resource stocks led market indexes in Australia lower. Australian government rejected a takeover offer for GrainCorp and said foreign investment in the sector is not in its best interest. Credit growth in private sector increased 0.3% in October.
Nov 28, 2013 9:36 AM ET
Deutsche Bank is in talks with Permira Advisers to sell Tilney Investment. Kingfisher sales jumped 8%. Rio Tinto plan to invest $3 billion to increase production capacity. Thomas Cook said loss narrowed as EBIT soared 49%. Wolseley trading profit climbed 9%.
Nov 28, 2013 9:31 AM ET
Alstom T&D plan to rise up to Rs 294 crore from a secondary offering. Eros Intl jumped after Singapore-based Temasek Holdings acquired a stake. Nestle India denied media report that its parent plans to increase stake. Suzlon Energy signed contract with Mitsui Australia for 52 wind turbines.
Nov 29, 2013 9:26 AM ET
Alphageo won seismic data analysis contracts. Heidelberg Cement plans to issue convertible-debentures. Il&Fs subsidiary won a contract of $70 million in Ukraine. MRF net soared 12% after sales jumped 5%. Tech Mahindra and MES plan to merge.
Nov 27, 2013 1:09 PM ET
Stocks on Wall Street gained and initial jobless claims last week declined. Durable goods orders fell in October 2% and volatile commercial aircraft orders plunged 16%. CVS agreed to acquire infusion service provider for $2.1 billion. Bankruptcy judge approved a merger between American and US Air.
Nov 27, 2013 11:13 AM ET
Stocks in Tokyo declined after rising for two days in a row and the yen traded near the three-month low. Honda Motor began construction at a manufacturing plant in Brazil. Hitachi agreed to acquire India based payment processor Prizm Payment Services.
Nov 27, 2013 11:10 AM ET
AeroVironment net tumbled 81%. Barnes & Noble net surged and revenues declined. Hewlett-Packard swung to a profit. Infoblox said net loss widened and revenue soared 28%. Nuance Communications net swung to a loss. TiVo net plummeted 79% but sales climbed 43%.
Nov 27, 2013 10:18 AM ET
Stocks in Sydney trading closed lower after steady gain in the morning trading. Australian dollar dipped to a three-month low. Archer Daniels Midland revised its offer for Graincorp and offered to invest in distribution infrastructure.