- Hiruki Nakamura
- 19 Aug, 2014
- New York City
Stocks in Tokyo gained for the fifth day and Topix Index closed higher for the seventh day in a row. Resource linked stocks were actively traded after oil and metals prices eased and geopolitical tensions eased. The yen traded above 102 against one dollar.
- Mukesh Buch
- 19 Aug, 2014
- New York City
Dick''s Sporting net plunged 17% but revenue climbed 10%. Elizabeth net loss widened. Home Depot net soared 14.5% after sales jumped. Medtronic net declined 9%. TJX profit slid 0.5% while sales increased. Urban Outfitters net dropped 11%.
- Nigel Thomas
- 19 Aug, 2014
- New York City
Maersk profit surged 169% to 2.30 billion kronor and plans for share buy-back of 5.6 billion kronor. BHP Billiton net soared 23% to $13.8 billion and intends to spin off $15 billion of assets. Persimmon net climbed 63% to
- Marcus Jacob
- 19 Aug, 2014
- New York City
Australian indexes advanced and investors focused on the latest earnings announcements. After the close, BHP Billiton reported annual revenues increased 1.9% and net earnings surged 23%. Insurance Australia Group net soared 59% on lower than expected costs.
- Mukesh Buch
- 19 Aug, 2014
- New York City
Adani Ports starts expansion of Dhamra Port. BHEL developed fuel flexible boiler. Godrej will manufacture soaps and insecticides at new plant in Seemandhra. JSW Steel agreed to acquire Welspun Maxsteel for Rs 1,000 crore.
- Nichole Harper
- 18 Aug, 2014
- New York City
Market indexes on Wall Street soared 1% after investors focused on merger deals and domestic corporate news. Central bankers from around the world are scheduled to attend annual symposium organized by Federal Reserve this week.
- Mukesh Buch
- 18 Aug, 2014
- New York City
Dollar General offered $78.50 per share to Family Dollar. Google likely to acquire JetPac Inc. IBM received regulatory approvals to sale server business to Lenovo for of $2.3 billion. Ingersoll-Rand agreed to acquire Cameron Intl for $850 million.
- Hiruki Nakamura
- 18 Aug, 2014
- New York City
Stocks in Tokyo closed higher for the fourth day in a row and resource linked stocks gained. Chugai Pharmaceuticals soared 15% on the speculation the Roche Holding may make a bid for the rest of the stake in the company. Geopolitical risks continued to weigh on markets in Tokyo and Asia.
- Marcus Jacob
- 18 Aug, 2014
- New York City
Australian market indexes closed higher and the Aussie dollar closed above 93 U.S. cents. Abacus Property in partnership with KKR acquired towers in World Trade Center in Melbourne. National Australian Bank quarterly net increased 7% to $1.6 billion on 1% decline in revenues.
- Mukesh Buch
- 18 Aug, 2014
- New York City
Alok Ind net climbed 32%. Cipla net declined 39%. Lanco Infratech net loss narrowed. RCom net soared 21% and RCapital profit jumped 23%. SpiceJet net swung to loss. Supreme Infra net plunged 48% after revenue dropped 14%. Whirlpool net and revenue surged.
- Nichole Harper
- 15 Aug, 2014
- New York City
U.S. stocks erased losses in the session and markets in Europe registered best weekly gain in the year so far. S&P 500 index in the week gained 1.2% and the Nasdaq Composite advanced 2.2%. Retailer faced another day of sell off after weak results from Nordstrom, JC Penny and Dillard
- Bikram Pandey
- 15 Aug, 2014
- New York City
Markets across Europe register best weekly gain in 2014 after investors returned to add stocks on hopes of receding tensions between Russia and Europe. However, most nations struggled to expand economy in the second quarter and the much expected recovery is likely to be delayed several quarters.
- Mukesh Buch
- 15 Aug, 2014
- New York City
Applied Materials net soared 79%. Agilent Technologies net declined 13% but revenue climbed 7%. Dillard''s net dropped 6%. Estee Lauder profit surged 174%. J C Penney net loss narrowed. Coca-Cola acquired 17% stake in Monster Beverage. Nordstrom net slid.
- Nigel Thomas
- 15 Aug, 2014
- New York City
Alpha Pyrenees net loss widened to