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Shares of Ingersoll-Rand plc rises by 5.56% in October

DUBLIN: Shares of Ingersoll-Rand plc rose by 5.56% in the past week and 7.73% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 3.42% and the outperformance increases to 0.26% for the last 4 weeks. The company shares have dropped -5.98% from its 1 Year high price. On May 15, 2015, the ... Read More »

Shares of Ingersoll-Rand plc appreciate by 4.09% during past week

DUBLIN: Shares of Ingersoll-Rand plc appreciated by 4.09% during the past week but lost 10.64% on a 4-week basis. The shares have outperformed the S&P 500 by 1.97% in the past week but underpe`rformed the index by 4.7% in the last 4 weeks. The company shares have dropped 8.12% in the past 52 Weeks. On May 15, 2015 The shares ... Read More »

Shares of Computer Task Group, Incorporated appreciated by 4.96% but lost 10.5%

BERLIN: Shares of Computer Task Group, Incorporated (NASDAQ:CTG) appreciated by 4.96% during the past week but lost 10.5% on a 4-week basis. The shares have outperformed the S&P 500 by 3.75% in the past week but underperformed the index by 11.65% in the last 4 weeks. Computer Task Group Inc. has dropped 15.07% during the last 3-month period . Year-to-Date ... Read More »

Germany Shares in group jumped 8% to new peak of 810p, valuing it at £1.57b

BERLIN: Shares in JD Sports Fashion hit an all-time peak after the company said profits would beat forecasts after an unexpected sales surge. Despite taking a hit from the weakness of the euro, JD said it expect ed profits for the year to beat expectations by 10%. This would take them to around £121m, an increase of more than 20% ... Read More »

Statoil profit hit beyond Norway’s Shores

OSLO: Statoil ASA’s ambitious expansion in oil production beyond Norwegian shores is increasingly yielding an unwanted byproduct: losses. The state-run oil and gas company posted a 16% drop in second-quarter profit on Tuesday, hit by the continuous slide in oil prices as well as further losses from overseas operations. Net profit, boosted by gains from disposals, stood at 10 billion ... Read More »

South32 shares hike by 5% in June

CAPE TOWN: SOUTH32, the diversified mining company spun out of BHP Billiton, on Wednesday released “solid” June quarter production numbers, but investors are waiting to see full-year financial numbers next month. South32 — which has operations straddling Australia, Southern Africa and South America — said it had hit annual production records in alumina, metallurgical coal and manganese ore in the ... Read More »

South32 shares hike by 5% in June

CAPE TOWN: SOUTH32, the diversified mining company spun out of BHP Billiton, on Wednesday released “solid” June quarter production numbers, but investors are waiting to see full-year financial numbers next month. South32 — which has operations straddling Australia, Southern Africa and South America — said it had hit annual production records in alumina, metallurgical coal and manganese ore in the ... Read More »

Norway company shares of statoil ASA drops by 4.77%

OSLO: Statoil ASA has lost 4.77% during the past week and dropped 3.46% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 3.64%. Statoil ASA (NYSE:STO) has underperformed the index by 2.72% in the last 4 weeks. Investors should watch out for further signals and ... Read More »

Tesco shares receives fillip after sales dropped by less than forecast in 1st fiscal quarter

DUBLIN: Tesco shares received a fillip after sales dropped by less than forecast in the first fiscal quarter, but the pain goes on in Ireland. Like-for-like sales here, excluding VAT and fuel, dropped 4.4 per cent in the period to May 30th. Irish revenues have now declined for 11 straight quarters. Admittedly the current rate of decline is not quite ... Read More »

Shares in wine merchant Majestic slid 2.5% after 22.5% fall in pre-tax profit

PARIS: Shares in wine merchant Majestic slid 2.5% as it reported a 22.5% fall in pre-tax profit for the year to end March but its new boss said he was confident momentum could be restored. The figure came in at £18.4mln compared to £23.8mln the year before on the back of increased admin and distribution costs. Shares in wine merchant ... Read More »

Greece’s shares slide as crunch eurozone meeting nears as 18 June on card

ATHENS: Greece needs to clinch a deal with its EU-IMF creditors at a eurozone meeting on June 18 to prevent it from defaulting on its debt, two ministers said on Friday, a day after the IMF pulled its team out of the negotiations. Defence Minister Panos Kammenos said in an interview with Greece’s Mega channel that a deal “will come ... Read More »

Zara Investment Holding shares in continental business rise to 51.1% in 2014

AMMAN: Inter Continental Jordan Hotel recorded last year its best performance ever, according to Zara Investment Holding’s 21st annual report which listed it at the top of 5-star hotels in Jordan. In a disclosure to the Amman Stock Exchange, Zara’s annual report indicated that, in 2014, the 450-room hotel achieved a 69.9 per cent occupancy rate compared to 62.7 per ... Read More »

Nepal’s BFIs start converting their promoter shares into ordinary shares

KATHMANDU: Banks and financial institutions (BFIs) have started converting their promoter shares into ordinary shares after the Securities Board of Nepal (Sebon) declared that they could bring down the portion of promoter shares to 51 percent.Most of the BFIs presently have a share ratio of 70 percent promoter shares and 30 percent common stock. On Wednesday, the Nepal Stock Exchange ... Read More »

Finnish Nokia shares decline by 7% on the Helsinki Stock Exchange

HELSINKI: The value of Nokia shares declined by 7% on the Helsinki Stock Exchange recent week following the announcement of talks with Alcatel-Lucent over possible buyout, whereas the stock of Alcatel-Lucent rose by over 13 percent in Paris. Nokia confirmed on Tuesday that it was negotiating a takeover of Alcatel-Lucent, which, if successful, would be carried out through a public offer ... Read More »

Greece ATG shares rise to 1.6%, banking index up 2.6%

ATHENS: Greece shares rose, as investors welcomed a move over the weekend by Athens’ government to calm concerns that the country might default on a loan. Greece’s benchmark Athex General Composite Share Index (ATG) rose 1.6 percent while the Greece banking index advanced 2.6 percent. Earlier Greece Finance Minister Yanis Varoufakis said that Greece “intends to meet all obligations to ... Read More »

Norway Govt’s Pension Fund Global invests 32.095 million kroner in Russia

OSLO: The Government’s Pension Fund Global, currently worth over 7.000 billion Norwegian kroner (€796 billion), have invested 32.095 million kroner in Russia, mainly in oil- and gas and the banking sector. That is also the two sectors, in addition to the military industrial complex, that are highlighted in the EU and US sanctions regime against Moscow. The Norwegian regulations on restrictive ... Read More »

Over 2 trillion euros debt: Italy offers 540m shares, 5.74% stake in govt assests to institutional investors

ROME: Italy offered 540 million shares, or a 5.74 percent stake, to institutional investors, the Treasury said in an e-mailed statement. Prime Minister Matteo Renzi is looking to sell assets as the country grapples with debt of over 2 trillion euros. The government plans to sell stakes in state-owned companies worth about 0.7 percent of gross domestic product a year ... Read More »

Anheuser-Busch InBev NV plans to buy back $1b of shares after 4Q earnings missed estimates

BRUSSELS: Anheuser-Busch InBev NV plans to buy back $1 billion of shares after fourth-quarter earnings missed estimates as the world’s biggest brewer spent more on marketing to counter weak US consumption. AB InBev will repurchase the shares this year, the Leuven, Belgium-based maker of Budweiser, Brahma and Corona said Thursday in a statement. Earnings before interest, taxes, amortization and depreciation, ... Read More »

Lululemon Athletica shares up 3pc to $59.40 after appointment of new chief financial officer

NEW YORK: Lululemon Athletica (LULU) shares are up 3 per cent to $59.40 on heavy volume in trading after the athletic apparel retailer named Stuart Haseldon as its new CFO last night after the closing bell. Investors are reacting positively that the company is progressing past the management troubles it experienced early last year though the stock did outperform the S&P 500 Index by 36.5 ... Read More »

Australian shares fall for second day on dropping oil

WELLINGTON: Australian shares fell for the second day in a row, tracking weakness in Wall Street as tumbling oil and fears of Greece’s possible exit from the euro zone drove investors away from equities. The S&P/ASX 200 Index and the broader All Ordinaries Index each lost 0.2 per cent, on Wednesday to 5353.6 points and 5334.5 points respectively as the energy ... Read More »