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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.

India Movers: Amtek Auto, Gitanjali Gems, HCL, MCX, Oil India, SAIL

Mukesh Buch
03 Jul, 2013
New York City

Amtek Auto offer to acquire 26% stakes in JMT Auto. HCL wins a government panel approval stake to sell 4.01%. Government refused foreign direct investment proposal in MCX. SAIL posted record steel production in first quarter.

U.S. Movers: Acuity Brands, Schulman, Chrysler, Greenbrier, Zep

Mukesh Buch
02 Jul, 2013
New York City

Acuity Brands sales climbed but net slid and Schulman declined as sales and profit tumbled. Chrysler vehicles sales rose 8% in June and Ford Motor sales in the month rose 13%.

Europe Earnings: Dialog Semiconductor, Erste Group, Ocado, Rosneft

Nigel Thomas
02 Jul, 2013
New York City

Dialog Semiconductor agreed to buy IWatt for $345 million. Erste Group Bank sold

European Jobless Rate Revised to 12.2%, UK Banks Urged to Lift Capital Ratio

Nigel Thomas
02 Jul, 2013
New York City

European markets traded lower and jobless rate in the euro zone was revised higher to 12.2% a day after the scheduled release of data. Bank of England urged banks to lift capital reserve ratio earlier than five year time-table set by Basel committee.

U.S. Factory Orders Rise 2.1%, Record June Auto Sales at Chrysler Since 2007

Nichole Harper
02 Jul, 2013
New York City

U.S. stocks extended gains for the second day this week and factory orders increased 2.1% in May. Ford Motor said auto sales in June increased 13% and Chrysler reported 9% increase in sales and record June sales since 2007.

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