UPDATE 1-ExlService shares slump on revenue forecast
* Shares fall as much as 27 pct (Adds CEO comments; updates share movement)
ExlService shares fall on weak revenue forecast
May 3 - Shares of India-based BPO company ExlService Holdings Inc fell as much as 27 percent on Thursday after it forecast 2012 revenue largely below analyst's estimates, citing delayed decision-making by clients and depreciation of the Indian rupee.
UPDATE 1-Adidas to slash Reebok store base in India
FRANKFURT/LONDON, May 3 - Germany's Adidas said on Thursday it would cut the number of its Reebok stores in India by about one-third as it tackles "commercial irregularities" at the unit, an issue that has clouded a strong start to a bumper sports year.
Adidas to slash Reebok store base in India
FRANKFURT, May 3 - Germany's Adidas said it would cut the number of its Reebok stores in India by about one-third as it restructures operations in the country after discovering "irregularities" at Reebok India.
RPT-UPDATE 1-Hero lags profit estimate, hikes prices as costs bite
MUMBAI, May 2 - India's Hero MotoCorp, the world's largest two-wheeled vehicle manufacturer, hiked prices and targeted industry-beating future sales growth as it blamed forex movements and rising input costs on quarterly profit that missed estimates.
UPDATE 1-Hero lags profit estimate, hikes prices as costs bite
MUMBAI, May 2 - India's Hero MotoCorp, the world's largest two-wheeled vehicle manufacturer, hiked prices and targeted industry-beating future sales growth as it blamed forex movements and rising input costs on quarterly profit that missed estimates.
All American Indices
| Symb | Index | Mkt Report | Time | Last | Chg | Chg % |
|---|---|---|---|---|---|---|
| .DJI | Dow Jones Industrial Average | View | 4 May 2012 | 13,038.27 | -168.32 | -1.27% |
| .IXIC | Nasdaq Composite Index | View | 4 May 2012 | 2,956.34 | -67.96 | -2.25% |
| .TRXFLDUSP | Thomson Reuters Equity US Index | 4 May 2012 | 124.28 | -2.03 | -1.61% | |
| .TRXFLDCAP | Thomson Reuters Equity Canada Index | 4 May 2012 | 224.08 | -2.80 | -1.24% | |
| .GSPTSE | S&P;/TSX Composite Index | View | 4 May 2012 | 11,871.23 | -143.67 | -1.20% |
| .XAX | AMEX Composite Index | View | 4 May 2012 | 2,390.74 | -31.55 | -1.30% |
| .MXX | MXSE IPC | View | 4 May 2012 | 39,408.61 | -171.44 | -0.43% |
Markets
- Asia
- U.S.
- Europe
- Sectors
+29.30| DOW | 13,038.27 |  -168.32 |
-1.27% |
| S&P; 500 | 1,369.10 | -22.47 |
-1.61% |
| NASDAQ | 2,956.34 | -67.96 |
-2.25% |
| TR US Index | 124.28 | -2.03 |
-1.61% |
Sector Summary
| Energy | -2.48% |
| Basic Materials | -1.87% |
| Industrials | -1.28% |
| Cyclical Goods & Services | -1.49% |
| Non-Cyclical Goods & Services | -0.85% |
| Financials | -1.34% |
| Healthcare | -1.20% |
| Technology | -2.12% |
| Telecoms | -0.85% |
| Utilities | -0.54% |
Americas Market Reports
Asia/Pacific Market Reports
Europe Market Reports
- Amsterdam: UPDATE 1-Dutch property funds resume merger talks
- Belgium: UPDATE 1-Dutch property funds resume merger talks
- France: French and Benelux stocks-Factors to watch on Oct. 3
- Germany: European shares slip; H&M; falls on weak margins
- Spain: Spanish stocks - Factors to watch on Tuesday
- Switzerland: European shares hit 1-wk high in low-volume rally
- U.K.: UPDATE 1-UK Stocks-Factors to watch on Friday May 4
Other Reports
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