Japan was a winner when it came to how its stocks performed on the market. Japanese stocks were performing well. In fact, it topped in terms of gains this year in comparison to 24 major developed equity markets.
Tags: Shares
Facebook shares rides on strong mobile ads earnings
Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.
iPhone sales and AAPL make a pair
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
‘Tiger cub’ Laffont bullish on content, Apple no
‘Tiger cub’ Laffont was bullish on content but not Apple. Philippe Laffont, a hedge fund manager at Coatue Management, did not seem too optimistic when asked about his opinion of Apple.
JBS SA renews buy-back program
Brazil's JBS SA has renewed its program to buy-back up to 10 percent of its common shares in circulation.
Latest News
The Philippines' biggest corporation eyes to raise US $4 billion for its power assets shares. San Miguel Corp, Philippines' top acquisitive company, is planning to accumulate US $4 billion to finance its infrastructure project expansion by selling its power assets.
The state-owned bank, which has been in talks to sell BNI life shares since last year, is reviving its plan to push through with the transaction.
The Malaysian budget carrier's shares rose slightly during its trading debut following US $310M IPO.
The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Osram Licht AG's shares dropped by 2.4% and settles at Eur 23.65 on Monday Osram Licht AG, a German lighting and specialty lighting manufacturer second only to Philips, saw a drop in its shares by 2.
A. Schulman Inc dropped its bid for Ferro worth US$563 million after being ignored for months. A. Schulman Inc, a chemical producer, announced that it withdrew its bid for Ferro Corp.
A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
The Monetary Policy Committee would keep the quantitative easing and benchmark interest rate unaltered as the new governor tries to drive UK away from financial problems.
Buyout firm TPG Capital is researching options for sale of Strauss Coffee shares. (Photo : Reuters)The image is the corporate logo of Strauss Coffee. The Strauss Group, the food maker and TPG Capital, the private equity firm, had undertaken reviews fo their options as to the possible sale of the 25% shareholdings of TPG in Strauss Coffee.
