Nilesh Shah, Managing Director & CEO of Envision Capital, discusses how much further Indian markets could rally on the back of election euphoria.» Read More
Dec 6- Shares of Barnes& Noble Inc fell as much as 11 percent on Friday, a day after the U.S. Securities and Exchange Commission told the bookseller it had begun an investigation into a restatement of earnings announced on July 29.
Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers.
NEW YORK, Dec 6- Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers from Wal-Mart Stores Inc to Neiman Marcus, and car makers, a red flag for investors who have ridden a sector rally all year.
Dec 5- Twitter Inc is tying up with a Singapore- based startup to make its 140- character messaging service available to users in emerging markets who have entry-level mobile phones which cannot access the Internet.
*Slashes full-year EPS view to $0.55- $0.75 from $1.20- $1.50. *Cuts revenue view to $2.15- $2.35 bln from $2.25- $2.45 bln. Dec 5- Farm equipment retailer Titan Machinery Inc slashed its full-year profit forecast as a record corn harvest pulled down prices and left farmers with less money to spend on new tractors and harvesters.
Analysts expect India to be a net exporter of sugar in 2013/ 14, selling at least 1.5 million tonnes and possibly more than 2.0 million depending on price movements in coming months. ICE raw sugar futures slipped to three-month lows this week after news that the cane crush in India had begun, signalling more exports.
Dec 5- Farm equipment retailer Titan Machinery Inc's quarterly profit more than halved and the company cut its full-year revenue and profit forecasts as equipment sales and margins decline. Titan Machinery's shares fell 11 percent before the bell, after the company said it expected a full-year profit of between $0.55 and $0.75 per share.
Dec 5- Royal Bank of Canada said Chief Executive Gordon Nixon will retire effective Aug. 1, after 13 years at the helm of the country's largest bank.
Rajeev Talwar, group executive director of DLF, says there should be no barriers to foreign companies wanting to invest in India as it will be good for business.
It is perfectly normal for top buyers Japan, South Korea, China, India and Taiwan to try and secure the best possible deals for LNG, but this desire quickly runs headlong into some uncomfortable realities.
Rajeev Talwar, group executive director of DLF, says the Indian economy is on the "brink of a comeback" from slowing growth but reforms need to take place in real estate sector.
Exit polls in Delhi forecast a victory for the nation's opposition party in four key state elections. CNBC's Geoff Cutmore reports.
Following a press conference at the WTO conference in Bali, India's Trade Minister said he cannot negotiate on his stance towards food security.
Abah Ofon, Director, Agricultural Commodities Research at Standard Chartered tells CNBC"s Cash Flow that India's agricultural subsidies are a sensitive issue because stockpiling soft commodities distorts trade flows.
SD Muni, Visiting Research Professor, Institute of South Asian Studies at the National University of Singapore, discusses the political landscape in India as the country gears up for national elections next year.
Kunal Bahl, CEO of India's largest online shopping site, Snapdeal.com, discusses plans for an IPO next year against the backdrop of a booming e-commerce scene.
Sales in Europe, the company's second-largest market, fell about 1 percent in the quarter ended Nov. 2. With a shorter U.S. shopping season than a year earlier, many retailers like Abercrombie& Fitch Co and Aeropostale Inc have been wooing customers with heavy promotions.
Michael Froman, United States Trade Representative, addresses India's concerns about food security and explains the likelihood of completing a full-scale WTO trade deal.
Dec 4- Apparel retailer Aeropostale Inc forecast a much bigger-than-expected loss for the holiday-shopping quarter as it struggles to keep up with the tastes of young shoppers, sending its shares down 4 percent in extended trading. Aeropostale, under pressure from some investors to sell itself, also reported its fourth straight quarterly loss.
Dec 4- Essex Property Trust Inc, a manager of residential properties on the U.S. West Coast, has offered to buy BRE Properties Inc for about $5 billion, Bloomberg reported, citing two people familiar with the matter. BRE Properties shares were up 13 percent in late morning trading on the New York Stock Exchange.