- Nigel Thomas
- 09 Jan, 2015
- New York City
Laird Plc plunged 9% despite the engineering company reaffirmed its fourth-quarter outlook. Sodexo revenues in the first-quarter climbed 4.7% to
- Hiruki Nakamura
- 09 Jan, 2015
- New York City
Nikkei index in Tokyo gained in subdued trading and the yen traded near 119 against the U.S. dollar. Stable oil prices and low inflation in China also added to caution in Tokyo trading. Convenience store chain operator, Seven & I reported better-than-expected nine-month sales.
- Marcus Jacob
- 09 Jan, 2015
- New York City
Australian market indexes jumped 1.6% after oil price stabilized and international markets advanced. Inflation index in China was nearly flat at 1.5% in December prompting calls for more policy measures from the government.
- Mukesh Buch
- 09 Jan, 2015
- New York City
Infosys soared 5% after the second largest software services provider reported better-than-expected results and offered an improved outlook. ABB won a contract Rs 256 crore in Sri Lanka. NBCC secured an order worth Rs 1,237 crore in Odisha. Tech Mahindra acquire Geneva-based Sofgen Holdings.
- Mukesh Buch
- 08 Jan, 2015
- New York City
Apollo Education net plummeted 66% on 15% decline in revenues. Constellation Brands profit jumped 5%. Family Dollar net tumbled 47%. Global Payments net edged up 1% but revenues soared 10%.
- Marcus Jacob
- 08 Jan, 2015
- New York City
Australian stocks and dollar traded higher after a surprise increase in buildings approvals. Seasonally adjusted November building approvals surprisingly increased 7.5% after upwardly revised 11.5% in October.
- Hiruki Nakamura
- 08 Jan, 2015
- New York City
Stocks in Tokyo followed market advances in Europe and New York. Fast Retailing Co reported 64% jump in earnings on 23% increase in sales led by higher casual-wear sales and weaker yen. Honda Motor Co agreed to pay $70 million to the U.S. transportation regulator.
- Mukesh Buch
- 08 Jan, 2015
- New York City
HDFC Bank plans to raise Rs 10,000 crore or $1.6 billion. Wipro won a $400 million contract from the Swiss-based ABB. Kotak Mahindra closed at a record high after shareholders approved the purchase of ING Vysya Bank.
- Mukesh Buch
- 07 Jan, 2015
- New York City
Greenbrier net soared and agreed to acquire 19.5% stake in Amsted-Maxion Hortolandia. Monsanto profit tumbled 34% on 7% decline in revenues. MSC Industries net fell 3%. Supervalu profit surged 155%. Schulman net plunged 13%. UniFirst net jumped 9%.
- Hiruki Nakamura
- 07 Jan, 2015
- New York City
Stocks in Japan rebounded after dropping the most in fifteen months and then yen held near 119 to a dollar. Foreign investors are increasingly looking to sell Japanese stocks and Prime Minister Shinzo Abe struggles with structural reforms.
- Nigel Thomas
- 07 Jan, 2015
- New York City
Boohoo.com tumbled 40% on weak outlook. EnBW Energie agreed to sell 49.9% stake worth
- Marcus Jacob
- 07 Jan, 2015
- New York City
Australian market indexes opened higher but at close fell in choppy session with moderate volume. Real estate companies were in favor and investors sold energy related stocks after crude oil extended losses and fell to a new five-year low.
- Mukesh Buch
- 07 Jan, 2015
- New York City
Maruti Suzuki total production climbed 18.2% and total sales soared 20.8%. Praj Ind secured an order to build an ethanol plant in Uganda, Africa.
- Nichole Harper
- 06 Jan, 2015
- New York City
U.S. market indexes declined more than 1% and S&P 500 index fell for the fifth day in a row. Crude oil declined 4% and gold added 1.2%. European markets remained volatile as political leaders in the region debate the fallout of Greek exit from the euro.