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India Movers: Airtel, DLF, Jyoti Structures, Maruti, RCom

Mukesh Buch
08 Jul, 2013
New York City

Airtel used the 5% stake proceeds of $1.1 billion to repay debt. Jyoti Structures secured export orders worth $200 million. Maruti Suzuki June production declined 25%. RCom plans to spin-off its real estate assets.

U.S. Adds 195,000 Jobs, Unemployment Rate Holds at 7.6%

Nichole Harper
05 Jul, 2013
New York City

Stocks on Wall Street surged at the opening after June employment increased better-than-expected 195,000 and jobless rate held at 7.6%. European markets erased yesterday

Europe Earnings: Afren, Akerc, Endomines, Siemens

Nigel Thomas
05 Jul, 2013
New York City

Afren agreed to acquire additional stake of 23.3% in First Hydrocarbon Nigeria for $105.4 million. Endomines lowered annual gold production target range. Siemens pulled out the bidding for Britain''s multi-billion pound Crossrail project.

Nikkei in Tokyo Surges to 5-Week High; Seven & I, FamilyMart in Focus

Hiruki Nakamura
05 Jul, 2013
New York City

Market indexes in Tokyo soared the most in three weeks after the yen stayed low and central banks in Europe and England offered to keep interest rate low. Seven & I rose after the convenience chain operator reported 15% increase in net profit and FamilyMart reported 5.9% increase in operating profit.

Second Weekly Gain in Australian Stocks, Billabong Soared 15%

Marcus Jacob
05 Jul, 2013
New York City

Australian stocks advanced for the second day in a row after a week of turbulent trading. Fortescue Metals stepped up its campaign against Brockman Mining

India Movers: Adani, BGR Energy, HUL, MMTC, SJVN, Thermax

Mukesh Buch
05 Jul, 2013
New York City

Adani Group withdrew from Indonesian railway project worth $1.65 billion. Unilever launched its offer to increase its stake in HUL to 67.3% valued

Europe Earnings: Centamin, Oerlikon, Redrow, Subsea 7, Taylor Wimpey

Nigel Thomas
04 Jul, 2013
New York City

Oerlikon sold its natural fibers businesses to Jinsheng of China for 470 million Swiss francs. Redrow said group revenue for the year climbed 26% to

Regional Survey in Japan Show Improving Economic Conditions

Hiruki Nakamura
04 Jul, 2013
New York City

Market indexes in Tokyo trading declined for the first time in six days and the yen closed below 100 against a dollar. Regional economic survey form the Bank of Japan showed improving economic activities in eight of the nine regions. Foreign investors increased net exposure to Japanese stocks.

Australian Auto Sales Rise 5.8%, Market Indexes Reverse Earlier Losses

Marcus Jacob
04 Jul, 2013
New York City

Australian indexes reversed earlier losses and closed up 1%. Building approvals in May decreased more than expected 1.1%. New vehicles sales in June increased seasonally adjusted 5.8% to 118,758 units.

India Movers: ACC, Alstom, Airtel, HCL, Magma Fincorp, Sobha Developers

Mukesh Buch
04 Jul, 2013
New York City

Switzerland based Holcim plans to merge its ACC and Ambuja Cements. Airtel agreed to buy stake in Qualcomm''s 4G broadband project.The central government sold its 4% stake in HCL. Sobha Developers first quarter sales climbed 10%.

U.S. Jobless Claims Decline, Stocks On Wall Street Shake Off Early Losses

Nichole Harper
03 Jul, 2013
New York City

U.S. indexes reversed early losses and traded higher and weekly jobless claims declined for the second month in a row. Crude oil futures and gold gained after political crisis in Egypt deepened. European markets dropped more than 1% on the rising uncertainties in Portugal.

U.S. Movers: American Greetings, Avon, Exco Resources, Rite Aid, Walgreen

Mukesh Buch
03 Jul, 2013
New York City

Weiss family increased takeover price for American Greetings to $19 a share. Exco Resources agree to acquire oil and gas assets of $1 billion from Chesapeake Energy. Rite Aid and Walgreen June sales climbed.

Tokyo Extends Rally to Fifth Day, Suntory IPO Closes Up 1.5%

Hiruki Nakamura
03 Jul, 2013
New York City

Market indexes in Tokyo traded higher for the fifth day in a row and the yen declined to a low in a month and crossed 100 to a dollar. Suntory Beverage rose modestly on the first day of trading after it raised $4 billion. Dentsu plans to raise $1.2 billion to pay for Aegis acquisition.

Europe Earnings: Ascopiave, GDF Suez, HSBC, Spirent Comm

Nigel Thomas
03 Jul, 2013
New York City

European Investment Bank signed

Weak Gain in Australian Retail Sales Drag Indexes Down 1.9%

Hiruki Nakamura
03 Jul, 2013
New York City

Australian stocks sold off sharply after retail sales in May were lower than expected and global worries dragged market sentiment in Asian trading. New home sales rose for the third month in a row in May and reached an 18-month high.

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