- Hiruki Nakamura
- 21 Oct, 2015
- New York City
Nikkei average in Tokyo jumped 1.9% to a six-week high after exports in September rose less-than-expected stoking the speculation of another round of stimulus from the government. Nidec Corp soared after reporting better-than-expected sales and lifted annual sales outlook.
- Marcus Jacob
- 21 Oct, 2015
- New York City
Australian market indexes gained and the Aussie dollar hovered below 73 U.S. cents. BHP Billiton reported iron ore production in fiscal first-quarter soared 7% to a record high. Sydney Airport said September traffic increase was driven by a sustained increase of tourists from India and China.
- Mukesh Buch
- 21 Oct, 2015
- New York City
HDFC Bank said quarterly profit jumped 21%. Bajaj Auto and Bajaj Finserv net surged. ACC net declined 40%. Everest Ind net swung to a loss. Hero MotoCorp net rose 1% but revenues fell 2%. Mphasis profit surged 22%.
- Mukesh Buch
- 20 Oct, 2015
- New York City
Yum! Brands plans to spin off its China operation. Team Health rejected takeover proposal from Amsurg. IBM revenues declined. BNY Mellon profit and revenues plunged. Harley-Davidson net declined. Lockheed Martin lifted sales forecast. United Technologies net tumbled.
- Nigel Thomas
- 20 Oct, 2015
- New York City
Deutsche Bank
- Mukesh Buch
- 20 Oct, 2015
- New York City
Hindustan Zinc said quarterly profit rose 5%. State Bank of Bikaner net surged 52% but gross non-performing assets remained above 4%. Bajaj Finance quarterly revenues increased 37%. Can Fin Homes net soared 91%. GRUH Finance net Jumped 20%. Gati net fell 17%.
- Hiruki Nakamura
- 20 Oct, 2015
- New York City
Nikkei in Tokyo closed higher and awaited international traded data tomorrow. Aeon Co reported first-half sales soared 19%. Genky Stores said estimated annual sales to increase 20% and net income to rise 7%.
- Marcus Jacob
- 20 Oct, 2015
- New York City
Australian market indexes closed down and the Aussie dollar held firm in active trading. Brambles Limited raised $500 million through a bond offering. Cochlear Limited reaffirmed its annual earnings outlook. Newcrest Mining said gold production in third-quarter declined 13%.
- Nichole Harper
- 19 Oct, 2015
- New York City
Stocks advanced cautiously higher on Wall Street as tech companies dominate busy earnings season this week. Energy companies declined after crude oil dropped nearly 3%. Morgan Stanley reported profit declined for the second quarter in a row. Weight Watchers more than doubled.
- Marcus Jacob
- 19 Oct, 2015
- New York City
Australian market indexes traded volatile and the Aussie dollar held near its recent high. Iron ore prices firmed up after China reported better-than-expected 6.9% economic growth. Treasury Wine Estate completed capital raising to pay for the wine unit of Diego in the U.S. and U.K.
- Hiruki Nakamura
- 19 Oct, 2015
- New York City
Nikkei average in Tokyo trimmed losses after China reported slightly better than expected third-quarter economic growth of 6.9%. Tokyo Electric Power rose after a report suggested that the company plans to raise $2.8 billion in bonds in the fiscal 2016.
- Mukesh Buch
- 19 Oct, 2015
- New York City
Infosys entered into a joint venture with IBM to develop cloud based services. CRISIL said third-quarter revenues rose 14%. HCL Technologies net in the first-quarter fell 3% but revenues barely rose 3%. UltraTech Cement quarterly net rose 3%.
- Nigel Thomas
- 19 Oct, 2015
- New York City
Wincor Nixdorf agreed to be acquired by the U.S.-based Diebold for about
- Mukesh Buch
- 19 Oct, 2015
- New York City
Morgan Stanley revenues and profit declined. Oprah Winfrey agreed to acquire 10% stake in Weight Watchers. Diebold agreed to acquire the Germany-based Wincor Nixdorf. WEX agreed to buy Electronic Funds Source for $1.1 billion. Halliburton net swung to a loss. Hasbro net soared 15%.
- Nichole Harper
- 16 Oct, 2015
- New York City
Market indexes on Wall Street edged higher and for the week the S&P 500 index increased 0.9%. Match Group Inc, the owner of a portfolio of dating sties, filed for an initial public offering. Jobless rate in California State fell to eight year low of 5.9%.