Apr 10, 2014 8:53 AM ET
Australian stocks trimmed early gains after employers added more than expected 18,000 jobs in March. Unemployment rate fell to 5.8%. Also, market sentiment weakened after China reported 6.6% decline in exports and 11.3% in imports.
Apr 10, 2014 8:36 AM ET
Man Industries built up order book of around Rs 1,200 crore. Piramal divest its entire stake in Vodafone India for Rs.8,900 crore. Sesa Sterlite gained after production update.]
Apr 09, 2014 1:38 PM ET
Stocks on Wall Street advanced for the second day in a row and market indexes in Europe gained. India attracted $10.3 billion fund flows in the year so far. Market indexes in Tokyo plunged more than 2%. Mars agreed to acquire three pet-care brands from Procter & Gamble for $2.9 billion in cash.
Apr 09, 2014 12:13 PM ET
Stocks in Tokyo declined for the fourth day in a row and the trading in yen was in focus after the Bank of Japan did not announce new measures to support the economic expansion. Seibu Holdings trimmed its initial public offering size by 73%.
Apr 09, 2014 12:14 PM ET
Alcoa net swung to a loss on 7% decline in sales. Constellation Brands net and revenue surged. Mars agrees to acquire three brands for $2.9 Billion from Procter & Gamble. MSC Ind net declined 12%. Progressive profit jumped 4%. Tech Data net surged.
Apr 09, 2014 11:30 AM ET
Australian indexes jumped 1% and the Aussie dollar edged near 94 U.S. cents. David Jones received an unsolicited offer from South Africa based retailer and Myer Holdings withdrew its offer.
Apr 09, 2014 11:07 AM ET
Daimler estimated significant improvement in sales growth in the year. Evraz net loss in the year widened to $572 million and sales fell 2%. Chr Hansen profit jumped 6% to €56 million. Wirecard profit soared 13% to €83 million after revenue surged 22%.
Apr 09, 2014 8:27 AM ET
ABB India received a contract of $18 million from Power Grid Corp. Lupin received US regulatory approval to sale generic version of Actos of Takeda Pharma. Suzlon Energy sold its Illinois wind farm and obtained €850 million finance from banks. Tata Steel sold its New Zealand unit to a local player.
Apr 08, 2014 12:21 PM ET
Argan net surged 39%. A. Schulman net plunged 42% but revenue soared 14%. International Speedway profit climbed 47% and revenue rose 3%. Team said net loss in the quarter widened but revenues jumped 8%. Zep net swung to loss.
Apr 08, 2014 12:14 PM ET
U.S. stocks struggled to advance and a broad selloff in sectors dragged market sentiment. Investors turned cautious on stretched valuation. The International Monetary Fund trimmed its world growth projection for the current year from its earlier projection in January.