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India Movers: Apollo Tyres, Alstom, HDFC, IRB Infra, JSW Steel, Zee

Mukesh Buch
17 Dec, 2013
New York City

Apollo Tyres won an appeal against Cooper Tire merger proposal. Alstom signed an agreement to sell the property in Bengaluru for Rs 120 crore. HDFC Bank declined after RBI restricted additional foreign investor stake. IRB Infra was selected as a preferred bidder in road project.

U.S. Indexes Jump 1% on Manufacturing Reports and Deals

Nichole Harper
16 Dec, 2013
New York City

U.S. indexes jumped 1% after two separate economic reports showed growing manufacturing activities. Also two large deals supported a broader market advance. LSI agreed to a $6.6 billion deal. AIG agreed to sell its aircraft leasing unit for $5.4 billion.

U.S. Movers: AIG, BlackRock, LSI, Opko Health, Sprint, USEC

Mukesh Buch
16 Dec, 2013
New York City

LSI agreed to be acquired by Singapore-based chip maker Avago for $6.6 billion. AIG agreed to sell its aircraft leasing business to AerCap. BlackRock said it has complied with the Italian disclosure requirement for its stake in Telecom Italia.

Nikkei Drops 1.6%, Asian Markets Weak

Hiruki Nakamura
16 Dec, 2013
New York City

Nikkei Stock Average in Tokyo declined 1.6% as investors locked annual gains and the yen declined. Asian market indexes decreased after a private survey in China showed activities declined to a 3-month low.

Europe Earnings: Aggreko, BP, Carrefour, Glaxo, Renault, Telecom Italia

Nigel Thomas
16 Dec, 2013
New York City

Aggreko forecasted net debt to reduce about

Australian Stocks Ease, IAG and Wesfarmers in $1.8 B Deal

Marcus Jacob
16 Dec, 2013
New York City

Investors looked ahead to Reserve Bank policy meeting minutes and mid-year federal government budget scheduled to release tomorrow. Insurance Australia Group Limited agreed to acquire insurance business from Wesfarmers Limited.

India Movers: Aurobindo, Clariant, Glaxo, SpiceJet, SBI, Tata, TCS

Mukesh Buch
16 Dec, 2013
New York City

Aurobindo Pharma received final approval from the U.S. regulators for its anti-depressant capsules. Clariant agree to acquire Plastichemix for Rs 135 crore. Glaxo surged after the parent company plans to raise its stake to 75%. SpiceJet signed agreement with Singapore-based Tigerair.

U.S. Movers: Adobe, AIG, Echostar, General Motors, Las Vegas Sands

Mukesh Buch
13 Dec, 2013
New York City

Adobe net plunged 71%. AIG and AerCap are in talks to sell aircraft leasing business. Echostar and Vivendi

Europe Earnings: AerCap, ARM, Arcam, Grohe, Peugeot, Pescanova, RSA

Nigel Thomas
13 Dec, 2013
New York City

AerCap received offer from American AIG to sell its aircraft leasing business. Arcam agreed to buy metal powder division of Canada-based Raymor. Grohe sold 87.5% stake to a Japan based Lixil for

India Movers: Alstom, Berger, M&M, Reliance, RPower, Ranbaxy, Torrent

Mukesh Buch
13 Dec, 2013
New York City

M&M raised its vehicles prices as much as 2% from January. Reliance and BP plan to invest between $5 billion and $10 billion for natural gas exploration. Torrent Pharma agreed to acquire drug distribution business from Elder Pharma for Rs 2,000 crore.

Australian Dollar Decline Extends to Eighth Week

Marcus Jacob
15 Dec, 2013
New York City

Australian indexes gained and the Aussie dollar eased against international currencies. Commercial finance commitments in October declined 3.9%, the statistics office reported. GUD Holdings declined after earnings fell.

U.S. Indexes in 3-Day Decline, Hilton and Aramark IPOs Advance

Nichole Harper
12 Dec, 2013
New York City

U.S. indexes traded lower for the third day in a row and November retail sales rose the most in five months. American Airlines ordered regional jets valued at $6 billion in list prices. JP Morgan Chase is nearing a $2 billion settlement charges linked to Madoff Ponzi scheme.

U.S. Movers: American Airlines, Ciena, Lululemon, Men's Wearhouse, Nordson

Mukesh Buch
12 Dec, 2013
New York City

American Airlines agreed to buy 60 aircrafts with a list price of $2.5 billion. Ciena net loss widened despite sales surge of 25%. Lululemon net jumped 15% but offered lower than expected earnings outlook. Men''''s Wearhouse net dropped 6%. Nordson net declined 12%.

Stocks in Japan and Asia Drop, Nitto Denko, Mixi, DeNA Plunge

Hiruki Nakamura
12 Dec, 2013
New York City

Stocks in Tokyo and Asia dropped and the yen hovered near its recent low. Overseas investors increased Japanese stocks holdings by 12.9 trillion yen in the current year to November. Nitto Denko plunged 19% after it lowered earnings outlook.

Europe Earnings: Dufry, Fortum, John Wood, Metro, Peugeot, Sports Direct

Nigel Thomas
12 Dec, 2013
New York City

Dufry agreed to acquire 49% stake of Hellenic Duty Free for

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