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Saputo in Lead to Acquire Australian Based WAB, Elders Loss Widens

Marcus Jacob
18 Nov, 2013
New York City

Australian stocks eased and banks led the decliners. The ACCC lost its mortgage price fixing case against ANZ in a federal court that was alleged in 2004. Elders Limited said full-year loss widened. WAB board supported a takeover offer from Canadian suitor.

India Movers: Glaxo, Jaiprakash, Natco, Reliance Infra, Suzlon

Mukesh Buch
18 Nov, 2013
New York City

Amara Raja net surged 35% after sales climbed 12%.Glaxo plan to invest

U.S. Movers: Agilent, Kimberly-Clark, Maximus, Vanda Pharma

Mukesh Buch
15 Nov, 2013
New York City

Agilent Technologies net tumbled 50% and expects separation in to two companies as early as November 2014. Kimberly-Clark plans to spin-off its $1.6 billion health care business. Maximus net climbed 50% as revenue from health segment jumped 49%.

Yellen Policy Commitment Supports Markets Advance, Import Price Index Falls

Nichole Harper
15 Nov, 2013
New York City

U.S. stocks extended gains and broader indexes advanced to new highs as Fed Chairman nominee Janet Yellen supported the easy monetary policy continuation. Import price index in October declined at the fastest pace in a year. Euro zone inflation dips to annual rate of 0.7%.

Europe Earnings: Vivendi Profit Declines, Iliad Revenues Rise 15%

Nigel Thomas
15 Nov, 2013
New York City

Enquest plans to invest

Nikkei Extends Weekly Surge to 7.7%; Sony, Nintendo, Dai-Ichi in Focus

Hiruki Nakamura
15 Nov, 2013
New York City

Stocks in Tokyo surged and the Nikkei soared 7.7% in the week after the yen weakened and closed above 100 mark. Sony gained ahead of its launch of PlayStation 4 in the U.S. and Nintendo reported a surge in game console U.S. sales in October. Dai-Ichi first-half sales and earnings soared.

Canada Based Saputo Lifts Bid for Australian Warrnambool

Marcus Jacob
15 Nov, 2013
New York City

Australian markets and dollar eased and the three-way bidding for WCB heated up. Canadian dairy company Saputo lifted its unconditional offer to $9 a share for WCB. Freelancer Ltd vaulted as high as four-fold on its first day of trading.

U.S. Indexes in Record Territory on Yellen Comments

Nichole Harper
14 Nov, 2013
New York City

U.S. indexes extended gains and S&P 500 index advanced to a record. For the year so far, the S&P 500 index is up 25.4%. European markets jumped 1% after investors surmised Federal Reserve to keep in place its large bond buying program. Starbucks agreed to pay $2.79 billion in damages to Kraft.

Japan GDP Growth Slows to 1.9% Rate; Mizuho, Mitsubishi UFJ Net Rise

Hiruki Nakamura
14 Nov, 2013
New York City

Japan

U.S. Movers: Cisco, Dillard's, Kohl

Mukesh Buch
14 Nov, 2013
New York City

Cisco net dropped 5%. Helmerich & Payne net surged 69%. Kohl

Australian Indexes Up 0.7%, James Hardie Net Doubles

Marcus Jacob
14 Nov, 2013
New York City

Australian indexes gained and the Aussie dollar eased to a new eight-week low. Optus Telecom said aggressive cost cutting lifted quarterly net by 33%. Virgin Australia launched $350 million equity offering. James Hardie net doubles of U.S. sales improvements. Bega Cheese Sweetens WCB offer.

Europe Earnings: BNP Paribas, Bouygues, Burberry, EADS, K+S, Nordex

Nigel Thomas
14 Nov, 2013
New York City

BNP Paribas to acquire 25% stake in Fortis Bank for

India Movers: Cipla, Coal India, HCL, ONGC, RECL, Sun Pharma, Tata

Mukesh Buch
14 Nov, 2013
New York City

Cipla net plunged 27% but revenue jumped 14%. Coal India net slid. HCL net surged 42%. IRB Infra dropped 12%. ONGC profit grew 3%. RECL net jumped 16%. Sun Pharma net surged. Tata Steel and Tata Power net swung to profit.

Japanese Machinery Orders Fall; Pioneer, Seiko Soar

Hiruki Nakamura
13 Nov, 2013
New York City

Market indexes in Tokyo declined and the yen rebounded after a 3-day decline. Machinery orders declined more than expected 2.1% in September. Seiko Holdings soared 9% after the watchmaker lifted its annual net outlook. Pioneer Corp vaulted 22% after the car stereo maker swung to operating profit.

U.S. Movers: CAE, Macy

Mukesh Buch
13 Nov, 2013
New York City

CAE net jumped 6%. Macy

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