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Alliance Data Systems Buys Conversant for $2.3 B, Ulta Soars

Mukesh Buch
12 Sep, 2014
New York City

Alliance Data Systems agreed to acquire Conversant for $2.3 billion. Darden Restaurants net swung to a loss $19.3 million. Ulta Salon profit surged 35% on 22% increase in sales. Rewalk Robotics surged on first day of trading. Value Line net climbed 42%.

Aveva Tumbles on Outlook, Porsche Buys 10% Stake in Inrix

Nigel Thomas
12 Sep, 2014
New York City

Aveva Group tumbled after revenue outlook. Accsys surged after arbitration tribunal rulings. Boohoo.Com said revenue in the first-half to surge 31%. J D Wetherspoon declined 11% to

U.S. Stocks Fall on Political Tensions in Europe, Oil in 4-day Slide

Nichole Harper
11 Sep, 2014
New York City

Stocks on Wall Street eased after geopolitical tensions in Europe remained high. Crude oil fell for the fourth day after the IEA lowered its global demand outlook. The U.K. pound trended lower on the rising prospects of Scotland leaving the union. EU slaps more financial sanctions on Russia.

Lululemon Soar, RadioShack Struggles to Avert Bankruptcy

Mukesh Buch
11 Sep, 2014
New York City

Brady Corp plunged despite quarterly net loss narrowed. Five Below net doubled after sales soared. Kroger profit climbed 9% on 12% increase in sales. Lululemon lifted annual outlook. Mens Wearhouse net plunged 71%. RadioShack net loss widened and arranges debt financing.

Next Profit Surges; Ashmore, Gazprom, Morrison Profit Plunge

Nigel Thomas
11 Sep, 2014
New York City

Ashmore pre-tax profit tumbled 35% to

Yen and Topix at Six-year Peaks

Hiruki Nakamura
11 Sep, 2014
New York City

Stocks in Tokyo closed higher and Topix index advanced to a new six-year high after the yen dropped to a new low against the dollar in the period. Aeon REIT said annual revenues and net income soared. Oki Electric soared on the revised earnings outlook.

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.

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