Apr 29, 2014 7:51 AM ET
Dabur net jumped 17% on 15% rise in sales. HCL profit increased 11%. Hexaware Tech net declined 32%. Idea Cellular profit soared 26% after revenue rose 6%. Sesa Sterlite net and revenue surged. TVS Motor net swung to profit. Tata Sponge net jumped.
Apr 28, 2014 12:23 PM ET
CNA Financial net plunged 95%. Ecolab net and sales climbed. Energy Transfer plans to acquire Susser for $1.8 billion. Forest Lab intends to acquire Furiex Pharma for up to $1.46 billion in cash and stock. Franklin Resources net fell 2%. Loews net tumbled 76%. Roper net climbed.
Apr 28, 2014 11:23 AM ET
AstraZeneca surged and rejected revised takeover approach from Pfizer. Bayer net surged 23% to €1.4 billion. Holcim profit plunged 58% to 80 million Swiss francs. Meda plunged after it revised $9 billion proposal from Mylan.
Apr 28, 2014 10:14 AM ET
U.S. stocks eased after tensions between Russia and West remained high and violence perked up in the eastern region of Ukraine. Oil futures traded at a seven-week high. Merger talks lifted indexes in Europe after Pfizer offered a revised bid for Astra Zeneca. GE and Siemens to pursue Alstom SA.
Apr 28, 2014 9:07 AM ET
Stocks in Tokyo closed lower in choppy session and investors focused on domestic corporate earnings. Japan Exchange Group said fiscal year sales soared62% and net nearly tripled. Japan Display estimated lower than expected fiscal year income. Panasonic Corp annual net swung to profit.
Apr 28, 2014 8:57 AM ET
Australian indexes reacted to market volatility in the absence of economic news and deal talks lifted Goodman Fielder 15%. The company rejected overtures from Wilmar International. Transurban reached an agreement with the Victoria government for $850 million road upgrade.
Apr 28, 2014 8:42 AM ET
Godrej Consumer net plunged 29% but revenue soared. IDFC profit plummeted 51%. Hindustan Unilever net jumped 11% after sales climbed 10%. Siemens net surged 195% and revenue dropped 9%. Symphony profit soared 50% and sales climbed. UPL net jumped 17%.
Apr 27, 2014 12:23 PM ET
The latest Lok Sabha election debate in India has centered on infrastructure development and corruption in the central government. Arvind Kejriwal, leader of the AAP, has attention of urban voters. AAP is driven by good ideals but his young party lacks organization to translate this to results.
Apr 26, 2014 10:22 AM ET
Congress Party has governed India for more than fifty years and regained the control of the government for the last ten. India is the largest democracy in the world and also has chronic poverty that is largely rooted in poor policy choices and poorer implmentation.
Apr 25, 2014 12:13 PM ET
Narendra Modi, the self-made man''s rise from a tea-stall operator to the highest office in Gujarat, has captivate media and business community. Modi offers lot of hope to young voters and businesses who are tired of old political talk and Modi is the first politician to put economic progress first.