- Hiruki Nakamura
- 16 Oct, 2015
- New York City
Nikkei average jumped more than 1% on a growing speculation that the Bank of Japan may offer additional stimulus. Market advance was also supported by the gains in Shanghai ahead of the gross domestic report. Adastria Co, the apparel retailer said sales in first-half jumped 10%.
- Marcus Jacob
- 16 Oct, 2015
- New York City
Australian market indexes closed higher but for the week declined and the Aussie dollar closed slightly lower from its one-week high. Rio Tinto said iron ore production increased in the third-quarter but copper production is expected to fall short of its previous estimate.
- Mukesh Buch
- 16 Oct, 2015
- New York City
Reliance Industries said profit in the second-quarter jumped 13% on 34% increases in revenues. Bharti
- Mukesh Buch
- 16 Oct, 2015
- New York City
Advanced Micro Devices net swung to a loss after sales tumbled 26%. First Horizon net soared 46%. GE net plunged 29%. Honeywell net jumped 8% but revenues dropped 5%. Mattel revenues and profit plunged. Quanta Services tumbled on weak outlook. Grainger net slumped 17%.
- Nigel Thomas
- 16 Oct, 2015
- New York City
Carrefour sales increased 4%. Hugo Boss group sales jumped 4%. Nestle total sales in the nine-month fell 2%. Remy Cointreau total sales in the first-half soared 6% to
- Nichole Harper
- 15 Oct, 2015
- New York City
Stocks on Wall Street rose and financials led the market indexes higher by 1% or more. Citigroup rose 4% after the third-largest bank reported strong earnings. Nike Inc surged on better revenues outlook and Netflix plunged 8% on weaker-than-expected U.S. subscriber additions.
- Hiruki Nakamura
- 15 Oct, 2015
- New York City
Bargain hunters helped the Nikkei average to rebound and halt a 3-day sell-off in Tokyo. Convenience store chain operator FamilyMart agreed to acquire the smaller rival UNY Group for $1.4 billion in all stock merger. Sumitomo Mitusi Construction rebounded after a plunge in Wednesday.
- Marcus Jacob
- 15 Oct, 2015
- New York City
ASX 200 index in Sydney closed higher and ended a 3-day sell-off and jobless rate held at 6.2% in September. New motor vehicle sales in the month increased 5.5%. Australian dollar strengthened for the third day in a row.
- Mukesh Buch
- 15 Oct, 2015
- New York City
Citigroup net surged 54% after legal costs and operating expenses plunged 18%. Goldman Sachs net tumbled 38%. Philip Morris profit plunged 10%. BB&T net fell 4% but revenues soared 7%. U.S. Bancorp net rose 0.7%. Blackstone net swung to a loss.
- Nigel Thomas
- 15 Oct, 2015
- New York City
Unilever revenues soared 9.4%. Repsol plans to sell assets worth about
- Mukesh Buch
- 15 Oct, 2015
- New York City
Adani group received approval from Australian government for Carmicheal coal mine and rail project with 36 conditions. Jaguar Land Rover retail sale rose 3% in September. LIC Housing Finance net soared 21% on 16% increases in revenues.
- Nichole Harper
- 14 Oct, 2015
- New York City
Market indexes on Wall Street declined after Wal-Mart and JPMorgan disappointed investors. Wal-Mart dropped 10% after lowering annual earnings outlook. JPMorgan declined nearly 3% after the bank missed third-quarter earnings.
- Hiruki Nakamura
- 14 Oct, 2015
- New York City
Nikkei in Tokyo dropped 1.9% and fell below 18,000 mark for the first time in two weeks. China-related stocks declined for the second day after the second largest economy reported mixed trade data.
- Marcus Jacob
- 14 Oct, 2015
- New York City
Australian market indexes declined for the third day in a row. Banks and energy stocks led the decliners. Banks were under pressure after Westpac Banking launched a stock offering to raise $3.5 billion.
- Mukesh Buch
- 14 Oct, 2015
- New York City
Bank of America net swung to profit. BlackRock profit declined 8%. Commerce Bancshares net slipped 6% but revenues jumped 5%. Delta Air Lines net surged to $1.3 billion. JPMorgan Chase profit soared 22% while revenues fell 7%. Wells Fargo net rose 0.5%.