- Marcus Jacob
- 14 Nov, 2014
- New York City
Australian market indexes struggled in the session but managed to close higher but indexes declined in the week following weak oil and iron ore price. Lend Lease reaffirmed its outlook at the annual general meeting. Westfield, the global operator of malls said annual retail sales increased 4.4%.
- Mukesh Buch
- 14 Nov, 2014
- New York City
Baker Hughes is in preliminary talk with rival Halliburton for possible merger. Hertz Global plunged and the rental car company said it plans to restate its results from fiscal 2011. MFC Industrial net fell 8%. Matthews Intl net tumbled 64%. Nordstrom profit jumped 4%. SINA net plunged 20%.
- Nigel Thomas
- 14 Nov, 2014
- New York City
Airbus net surged 16% to
- Mukesh Buch
- 14 Nov, 2014
- New York City
Cipla quarterly profit declined 17%. DLF net rose 9%. Gujarat Gas net and revenues declined. HCL profit plunged 72%. HDIL net soared 36%. SAIL net tumbled 45%. SCIL net swung to profit but revenues advanced 10%. TVS net rose 7%. Tata Power net swung to loss.
- Nichole Harper
- 13 Nov, 2014
- New York City
Stocks market indexes traded lower after crude oil extended five month losses with 3% decline. Proctor & Gamble agreed to sell Duracell business to Berkshire Hathaway for $4.7 billion. Hasbro is in talks to buy Dreamworks SKG. Walmart Stores reported better than expected results.
- Hiruki Nakamura
- 13 Nov, 2014
- New York City
Market indexes in Japan closed higher and the Nikkei 225 Stock Average extended gains to 11% in the month. Foreign investors added net 2 trillion yen of $17.3 billion of Japanese equities in the two weeks to November 7.
- Mukesh Buch
- 13 Nov, 2014
- New York City
Berkshire Hathaway agreed to acquire the Duracell battery business from Procter & Gamble. Hasbro is in talk with DreamWorks Animation. Kohl''s net plunged 20%. SeaWorld Entertainment net tumbled 27.7% on 8% decrease in revenues. Viacom net declined 9%. Wal-Mart net slid 0.4%.
- Nigel Thomas
- 13 Nov, 2014
- New York City
Ahold net climbed 8% to
- Marcus Jacob
- 13 Nov, 2014
- New York City
Australian dollar was in focus after market indexes trimmed losses in the day and price of oil, iron ore and gold trended lower. Graincorp said annual revenues declined 8%. Ramsay Health Care Ltd reaffirmed its 2015 outlook.
- Mukesh Buch
- 13 Nov, 2014
- New York City
BPCL quarterly net profit tumbled 50%. Hindalco net plunged 78%. Max India and MRPL net swung to loss. Nalco net surged 91% on 16% increase in revenues. ONGC profit and revenue climbed. Sun Pharma net rose 15%.
- Nichole Harper
- 12 Nov, 2014
- New York City
U.S. market indexes traded higher and extended gains in the year as commodities continued to slide. U.S., UK and Swiss regulators together fined $4.25 billion to six banks and settled charges related to currency market rigging practice.
- Hiruki Nakamura
- 12 Nov, 2014
- New York City
Stocks in Tokyo advanced and investors prepared for a possible snap elections in Japan and wait for the implementation of higher sales tax. Current account surplus increase for the third month in a row in September. Dentsu Inc, the largest ad agency reported 5% sales increase in first-half.
- Mukesh Buch
- 12 Nov, 2014
- New York City
ADT net tumbled 15%. Energizer net plunged 19% but revenues soared 7%. Fossil net declined 16%. Smucker forecasted second-quarter sales to drop 5%. Macy''s net soared 23%. Pinnacle Foods profit surged more than two-fold. Rockwell Automation net climbed 15%.
- Marcus Jacob
- 12 Nov, 2014
- New York City
Australian market indexes traded lower on the weakness in iron ore miners and the latest private measure of confidence showed smaller than expected increase. Myer Holdings, the department store operator reported weaker than expected sales and comparable sales.
- Nigel Thomas
- 12 Nov, 2014
- New York City
Burberry profit dropped 7% to