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Europe Earnings: Bouygues, Balfour Beatty, Havas, Intu Properties, Investec

Nigel Thomas
21 Mar, 2014
New York City

Bouygues revised its SFR bid to

Australian Index Extend Gains, Metcash Plunged 10%

Marcus Jacob
21 Mar, 2014
New York City

Australian market indexes advanced in heavy trading and the Aussie dollar traded above 90 U.S. cents. Four largest Australian banks are leading the global capital raising plan of $7.2 billion to fund Roy Hill iron ore mining project. Metcash plunged 10%. Cochlear gained 3%.

India Movers: Canara Bank, Claris Lifesciences, IDBI, Il&FS, Jain Irrigation

Mukesh Buch
21 Mar, 2014
New York City

Canara Bank plans to raise Rs 1,000 crore through a bond offering. Claris Lifesciences set up a stock buyback program of Rs 231 crore. IDBI Bank will sell its entire 19% stake in SHCI. Jain Irrigation allotted 7.5 million shares at Rs 86.30 per share.

Liberty Media and Ulta Salon jumped 7%; Aeropostale, Hibbett Sports Decline

Mukesh Buch
14 Mar, 2014
New York City

Anacor Pharma net swung to profit after sales surged. Aeropostale tumbled after net loss widened. Buckle profit and sales dropped. Hibbett Sports net plunged 13%. Ulta Salon net climbed 9%. Wix.com agreed to acquire mobile application builder Appixia.

Europe Earnings: Ocado, Pandora, SThree, UBS, Vodafone

Nigel Thomas
14 Mar, 2014
New York City

Ocado reported sales increase of 23% to

India Movers: AstraZeneca, Airtel, BF Utilities, Hero, KEC Intl, Mphasis

Mukesh Buch
14 Mar, 2014
New York City

AstraZeneca Pharma is scheduled to meet tomorrow to decide delisting. Bharti Airtel completed a bond offering of $400 million. BF Utilities plunged after promoters sold their stakes by 0.34%. KEC Intl won order worth Rs 1,200 crore. Mphasis net declined 5%.

Dex Media, Williams-Sonoma Rise; Dollar General Falls

Mukesh Buch
13 Mar, 2014
New York City

Dollar General net rose 2% and sales climbed 7%. Dex Media net loss widened and repaid $541 million of bank debt in the quarter. Genesco profit climbed 9%. Stein Mart net plunged 45% and comparable sales jumped 3.1%. Williams-Sonoma net soared 9%.

Europe Earnings: Bouygues, BMW, Deutsche Lufthansa, Wm Morrison

Nigel Thomas
13 Mar, 2014
New York City

Bouygues raised its bid for Vivendi''s telecom unit SFR to

India Movers: Infosys, Jubilant Life Sciences, L&T, Sun Pharma, Tata

Mukesh Buch
13 Mar, 2014
New York City

Infosys tumbled after the software solutions provider lowered its fiscal outlook. Jubilant Life Sciences surged after the supplements maker lifted prices of vitamin B3 by 18%. L&T secured an order worth Rs 3,655 crore in Qatar.

Weak China Data Dragged Nikkei and Asian Markets

Hiruki Nakamura
13 Mar, 2014
New York City

Stocks in Asia and Japan closed lower after China reported weaker than expected increase in factory production, retail sales and fixed assets investments in two-month period to February. Ocean freight companies declined after Baltic Dry Index plunged 8%.

Surprise Jobs Report in Australia Lifted Indexes, Woolworths in Focus

Marcus Jacob
13 Mar, 2014
New York City

Australian stocks gained after the domestic economy created more than expected jobs last month. The economy created net 47,300 jobs and jobless rate held at 6%. The labor participation rate increased to the high in a year to 64.8%.

VeriFone Rises; Express, Men's Wearhouse, Raven Decline

Mukesh Buch
12 Mar, 2014
New York City

Amedisys net loss narrowed despite revenue declined 14%. Dresser-Rand net tumbled 59%. Express profit plummeted 26%. Men''s Wearhouse net loss widened and agreed to acquire Jos. A. Bank for $65 a share in cash. VeriFone net swung to a loss but lifted outlook.

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