- Marcus Jacob
- 03 Oct, 2014
- New York City
Australian stocks closed higher but weak commodities hovered market sentiment. Four largest banks rebounded nearly 2% in the week but declined 10% in the last three weeks. For the week, ASX 200 index closed flat.
- Nichole Harper
- 02 Oct, 2014
- New York City
The European Central Bank announced steps to purchase covered bonds and asset-backed securities in the final quarter of the year. Market indexes across Europe and U.S. declined after the latest stimulus measures from the ECB were deemed less than adequate.
- Mukesh Buch
- 02 Oct, 2014
- New York City
American Realty agreed to sell Cole Capital to RCS Capital for $700 million. Actuant net plunged 39% but revenue climbed 8%. Constellation Brands profit tumbled 87%. Global Payments net jumped 17% on 12% increase of revenue. McCormick profit surged 18%.
- Hiruki Nakamura
- 02 Oct, 2014
- New York City
Market indexes in Tokyo plunged after the yen gained and investors turned cautious on stretched valuation. Honda, Nissan and Mitsubishi issued domestic auto recalls. Japan Airlines plunged after the first reported case of Ebola virus in the U.S.
- Nigel Thomas
- 02 Oct, 2014
- New York City
Balfour Beatty divests 50% stake in hospitals projects for
- Marcus Jacob
- 02 Oct, 2014
- New York City
Australian stocks declined and the dollar rebounded ahead of government report on new capital requirements at banks. Australian building approvals increased 3% in August on a surge in multi-family units. Expedia won a regulatory approval to acquire Wotif.com Holdings.
- Nichole Harper
- 01 Oct, 2014
- New York City
U.S. stocks traded sharply lower after Hong Kong braced for more protests and Italy forecasted economic contraction in the current year. Fannie Mae and Freddie Mac plunged after a court ruling. GM and Chrysler September sales rise 19% and Ford sales fall 3%.
- Mukesh Buch
- 01 Oct, 2014
- New York City
Acuity Brands profit surged 22% and revenue climbed 15%. AZZ net plunged 16%. American Honda September sales climbed 12% and Chrysler sales soared 19%. Ford sales in September fell 3%. GM vehicles sales soared 19% to 223,437.
- Hiruki Nakamura
- 01 Oct, 2014
- New York City
Tankan index of confidence among large manufacturers increased in July, the Bank of Japan said today. Investors turned cautious after Hong Kong braced for larger protests as national holidays begin in China.
- Marcus Jacob
- 01 Oct, 2014
- New York City
Australian dollar drifted sideways and stock market indexes gained after retail sales rose marginally in August. Manufacturing in China expanded in September. News Corp agreed to acquire real estate listing company Move Inc for $1.1 billion.
- Mukesh Buch
- 01 Oct, 2014
- New York City
Bajaj Auto sales in September climbed 9% and commercial vehicles sales and export surged 19%. Hero MotoCorp sales soared 30% to 558,609 units. Maruti Suzuki September sales jumped 5% and domestic sales soared 10% but export plunged 28%.
- Hiruki Nakamura
- 30 Sep, 2014
- New York City
Stocks in Tokyo responded to the latest economic data. Retail sales increase of 1.9%, ahead of expectations, and jobless rate decreased to 3.5%. Industrial production declined 1.5% unexpectedly. The yen declined traded above 109 level against one dollar.
- Mukesh Buch
- 30 Sep, 2014
- New York City
eBay to separate its marketplace and PayPal businesses in 2015. Johnson & Johnson plans to acquire privately held Alios BioPharma for $1.8 billion. Walgreen net swung to a loss.
- Nigel Thomas
- 30 Sep, 2014
- New York City
Powerflute profit surged 68% on 10% climbing of revenue and agreed to acquire Corenso for