GO
Loading...

India

More

  • MOVES-UBS, Scotiabank, Aviva Investors, Marex Spectron Wednesday, 3 Oct 2012 | 9:19 AM ET

    The bank promoted Min-Lan Tan, who was most recently head of Singapore equities and research, to global head of macro strategy research. The asset manager named David Brunner as a regional sales manager within the UK third-party distribution team. The asset management business of Aviva Plc named Patrick Brien as chief executive of its Asia Pacific region.

  • **SAREPTA THERAPEUTICS INC, Tuesday close $14.99, up 135 pct premarket. **HEWLETT-PACKARD CO, Tuesday close $17.13, up 0.4 pct premarket. **GOOGLE INC, Tuesday close $756.99, up 0.13 pct premarket.

  • Oct 3- Loan servicer Ocwen Financial Corp will buy Homeward Residential Holdings Inc from private equity firm WL Ross& Co LLC in a deal valued at about $750 million. Ocwen will pay $588 million in cash and offer $162 million convertible stock to buy the company, which services 422,000 mortgage loans, it said in a statement.

  • Indian banks' business barely grows in July-September Wednesday, 3 Oct 2012 | 9:18 AM ET

    MUMBAI, Oct 3- Indian banks' business barely grew in the second quarter of the fiscal year that started in April as weak sentiment in a slowing economy curbed the appetite for credit and lenders were wary of large deposits.

  • Pearson chief executive to step down Wednesday, 3 Oct 2012 | 9:00 AM ET

    LONDON-- Pearson PLC, the U.K. publisher and education company, said Wednesday that chief executive Marjorie Scardino has decided to step down.

  • NEW DELHI, Oct 3- India's cabinet will approve amended bills on Thursday that seek to permit 26 percent foreign direct investment in the pension sector and 49 percent in the insurance sector, a government minister told reporters on Wednesday. The bills will need parliamentary approval before becoming law.

  • UPDATE 1-RPM raises full-year outlook Wednesday, 3 Oct 2012 | 8:46 AM ET

    Oct 3- RPM International Inc's quarterly profit fell as the coatings and sealants maker incurred one-time charges but it raised its profit and sales growth forecast for 2013..

  • The Reserve Bank of India said on Wednesday it accepted both bids for 2.40 billion rupees at its one-day reverse repo auction through which it absorbs excess liquidity from the banking system. Earlier in the day, it accepted all 6 bids for 139.3 billion rupees at its one-day repo auction, through which it injects liquidity into the banking system.

  • Oct 2- Automakers reported a 13 percent U.S. sales increase in September from a year earlier with a seasonally adjusted annualized rate of sales reaching 14.94 million vehicles.

  • **SAREPTA THERAPEUTICS INC, Tuesday close $14.99, up 135 pct premarket. **INTERMUNE INC, Tuesday close $8.85, up 10.7 pct premarket. **B&G FOODS INC, Tuesday close $33.51, down 8.4 pct premarket.

  • Oct 3- Sarepta Therapeutics Inc said its experimental drug improved walking ability in patients with a rare muscle disorder, sending its shares soaring in premarket trade.

  • Dubai builders revive shelved plans amid recovery hopes Wednesday, 3 Oct 2012 | 8:21 AM ET

    *Cityscape projects include $1 bln Taj Mahal replica. DUBAI, Oct 3- Developers unveiled billion-dollar projects and new high-end residential developments at Dubai's Cityscape property show this week, as optimism returned to the emirate's battered real estate sector.

  • U.S. stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.01 and 0.08 percent at 1111 GMT. **SAREPTA THERAPEUTICS INC, Tuesday close $14.99, up 100 pct premarket. **B&G FOODS INC, Tuesday close $33.51, down 8.4 pct premarket.

  • RPM reports lower profit on one-time charges Wednesday, 3 Oct 2012 | 7:37 AM ET

    Oct 3- RPM International Inc's quarterly profit fell as the coatings and sealants maker incurred one-time charges. Profit fell to $33.9 million, or 26 cents per share, in the first quarter, from $76.8 million, or 59 cents per share, a year earlier. The Medina, Ohio- based company's shares closed at $26.63 on Tuesday on the New York Stock Exchange.

  • Indian shares gain; time for insurance sector to rally Wednesday, 3 Oct 2012 | 7:37 AM ET

    *Infosys falls on July-Sept earnings concern. MUMBAI, Oct 3- Indian shares gained on Wednesday for a third consecutive session after infrastructure companies extended gains on hopes for additional support measures for the sector, while insurance-related stocks also gained on optimism for government action.

  • Bebe 1st-qtr sales miss estimates Wednesday, 3 Oct 2012 | 7:28 AM ET

    Oct 3- Women's apparel retailer Bebe Stores Inc. The company, which sells merchandise under Bebe Sport, bbsp, 2 b bebe and its namesake brand, faces an inventory glut, with a 12.5 percent increase in inventory per square foot as of Sept. 29. The Brisbane, California- based company's shares closed at $4.67 on the Nasdaq on Tuesday.

  • Oct 3- Sarepta Therapeutics Inc said its experimental drug met the main goal of improving walking ability in patients with a rare muscle disorder in a mid-stage trial, sending its shares up 111 percent in premarket trade.

  • Oct 3- Cable and media company Quebecor Inc. bought back 30.5 million shares of unit Quebecor Media Inc from Canadian pension fund Caisse de depot et placement du Quebec for C $1.5 billion. Parent company Quebecor will buy 10.2 million shares for C $500 million subordinated debentures which are convertible into the company's class B subordinate shares.

  • SINGAPORE, Oct 3- Asia's fuel oil market remained depressed on Wednesday, with the prompt inter-month spread easing to a four-month low on weak demand, and further exacerbated by heavier arbitrage supply flows into Asia. -India's Hindustan Petroleum Corp Ltd.

  • NEW DELHI, Oct 3- An Indian court granted a stay on execution of a government order asking telecoms carriers to stop third-generation services outside their licensed areas through roaming pacts, after top carrier Bharti Airtel Ltd. The Delhi High Court on Wednesday asked the telecoms ministry to not take any "coercive action" until the next hearing of the case.