The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
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Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
Suzlon Energy rallied as much as 9% to touch an intraday high of INR 19.60 on December 28th Friday as the lenders will meet to discuss CDR package. According to the reported, the lenders to debt ridden Suzlon will meet on Friday to ...
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Reuters reported that Lebanon ill seewk bids from February 1st from companies wanting to pre qualify for oil and gas exploration drilling in its Mediterranean waters and has set a May 2nd date for formal applications. Seismic surveys ...
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Rubicon Technology, Inc. announced the closing of a three year $25 million secured revolving credit facility with Silicon Valley Bank. "This undrawn credit facility bolsters Rubicon's strong liquidity position," said William Weissman, ...
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China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
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Global IT spending will total $3.7tn (pound 2.28tn) in 2013, a 4.2 per cent increase from 2012, according to analyst firm Gartner. In 2012, $3.6tn (pound 2.23tn) was spent on IT and this was set to rise in 2013 by only 3.8 per cent, ...
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Worthington Industries,Inc reported net sales of USD 622.6 million and net earnings of USD 31.8 million,or USD 0.45 per share,for its fiscal 2013 second quarter ended November 30,2012.In the second quarter of the prior year,the Company ...
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Sun European Partners’ affiliate has acquired a majority stake in Paragon Print and Packaging, the UK-based packaging and outsourced services provider, to the private label fresh and chilled food market. Terms of the deal were not ...
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Perrigo has signed a definitive merger agreement as well as has acquired Cobrek Pharmaceuticals, an US-based drug development company, for nearly $45m on a cash free and debt free basis. The company, in May 2008, had also acquired an ...
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DJO, a wholly-owned subsidiary of DJO Finance (DJOFL), has acquired Exos, a US-based medical device company, for an undisclosed sum. Exos' commercial products include a thermoformable bracing system, which is comprised of a waterproof, ...
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Tech stocks are ending the first half of the year on an upbeat note with news that enterprise spending on software lately has been relatively strong. On Friday shares of computer companies led a U.S. market rally in the wake of reports ...
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UniFirst Corporation announced results for its fiscal 2013 first quarter, which ended November 24, 2012. First quarter revenues were $332.6 million, up 6.2% from $313.0 million in the year ago period. Net income for the quarter was $30.8 ...
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It was a jittery session for stocks, with shares falling more than 1 percent after Senate Majority Harry Reid warned a deal was unlikely before the deadline, only to rebound merely on the news that the House would reconvene Sunday, ...
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South Korean carmaker Hyundai Motor is aiming to sell about 7.41 million vehicles worldwide in 2013, a 4.1% rise from the 7.12 million vehicles sold during 2012, marking a slowest growth since 2003. Hyundai Motor chairman Chung Mong-koo ...
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