ticker

Record August Job Addition in Australia, Unemployment Rate Falls to 6.1%

Marcus Jacob
11 Sep, 2014
New York City

Employers added net 121,000 jobs in August, the largest monthly addition since record keeping began in 1978. Unemployment rate declined to 6.1% from a 12-year high of 6.4% in July.

NTPC Plans $2 B Plants Investments, Indian Hotels Sells Marrakech Stake

Mukesh Buch
11 Sep, 2014
New York City

Cox & Kings divested its subsidiary Holidaybreak to Homair Vacances for

Topix Erases Yearly Losses, Recruit Prepares for $1.7 B IPO

Hiruki Nakamura
10 Sep, 2014
New York City

The yen Tokyo traded to a six-year low as the U.S. dollar rose against most currencies on the prospect of higher rates. The Topix advanced to erase losses in the year so far and closed at high not seen since July 2008.

Aussie Dollar at Six-month Low

Hiruki Nakamura
10 Sep, 2014
New York City

Australian dollar sank to a six-month low as the prospect of rate increase in the U.K. and U.S. gathered momentum. Aussie dollar dropped below 92 cents and 95 cent currency band ahead of Australian bond offering.

Calavo Growers, Lands' End, Palo Alto Climb; Krispy Kreme Falls

Mukesh Buch
10 Sep, 2014
New York City

Calavo Growers net surged after revenue climbed 12%. DHT agreed to acquire Singapore-based Samco for $317 million. Krispy Kreme net jumped 23%. Lands'' End profit jumped 5% after comparable sales rose 3%. Palo Alto net loss widened. Vera Bradley Net tumbled.

Sports Direct Profit Soared 12%, Kingfisher Net Dropped 37%

Nigel Thomas
10 Sep, 2014
New York City

Barratt Developments profit soared three-fold to

Lanco Infra Sell Plants for $830 M, Biocon Repurchases 7.7% Stake

Mukesh Buch
10 Sep, 2014
New York City

Biocon repurchased its 7.7% stake from a unit of GE Capital for $36 million. ICICI Bank board approved a stock split of 5-for-1. Lanco Infratech sold power plants to raise $829 million. SAIL dropped after government plans to offload 5% stake.

ABB India Announces $4 B for Share Buy Back

Mukesh Buch
09 Sep, 2014
New York City

ABB announced a $4 billion share buyback program from September 16. Apollo Tyres plans to set up a new plant in Hungary worth for $600 million. Cipla signed commercial collaboration with UK-based S&D Pharma. Jyoti won a contract worth Rs 423 crore.

Yen at 6-year Low Against Dollar

Hiruki Nakamura
09 Sep, 2014
New York City

Stocks in Tokyo closed higher and the yen dropped to a six-year low against the dollar as geopolitical tensions rose. The U.K. pound declined 1% after the latest poll showed a narrow lead for Scotland to separate from U.K.

Resource Stocks Lead Ausralian Rebound, Flat Home Loans in July

Marcus Jacob
09 Sep, 2014
New York City

Stocks in Australia gained after a slight rebound in resource stocks and the Aussie dollar edged lower. New home loans values issued in July were flat at $17 billion.

General Mills Buys Annies, Barnes & Noble Sales Fall 7%

Mukesh Buch
09 Sep, 2014
New York City

General Mills agreed to acquire Annies for $820 million. American Airlines said revenue passenger miles was flat in August. Burlington Stores and Barnes & Noble net loss narrowed. J C Penney issued debentures for $350 million. Korn Ferry net surged 27%.

Kensington Agreed to

Nigel Thomas
09 Sep, 2014
New York City

Balfour Beatty secured contract worth

U.S. Indexes Ease Despite Merger News, Brent Crude at 3-year Low

Nichole Harper
08 Sep, 2014
New York City

U.S. stocks struggled after merger news dominated trading sentiment. GE agreed to sell its appliance division for $3.3 billion. Crude oil declined to after China reported widening trade surplus in August but falling imports. The U.K. pound weakened on the worries that Scotland may leave the union.

Global Cash Access to Acquire Multimedia Games for $1.2 B

Mukesh Buch
08 Sep, 2014
New York City

Boeing won order to supply 200 planes from Ryanair. Campbell Soup swung to profit on 8% increase in net sales. GE sold its appliances business to Sweden-based Electrolux for $3.3 billion. Global Cash Access plans to acquire Multimedia Games for $1.2 billion.

Deeper than Expected Japan's Q2 GDP Decline, Wowow Surges 7%

Hiruki Nakamura
08 Sep, 2014
New York City

Market indexes in Japan closed higher after June quarter GDP decline was worse than previously estimated. Current account surplus in July declined 30.6% on higher than expected trade deficit. Wowow Inc, satellite TV service provider soared 7%.

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