- 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%.
- Nigel Thomas
- 14 Oct, 2015
- New York City
ASML net surged 32%. Diageo agreed to sell its U.S. and U.K.-based wine operations to Australia-based Treasury Wine. Deutsche Wohnen rejected formal
- Mukesh Buch
- 14 Oct, 2015
- New York City
The wholesale price index increase slowed for the 11th month in a row. Hindustan Unilever said profit in the second-quarter fell 3% but revenues rose 4%. Zee Entertainment posted disappoint results net and revenues falls. TTK Prestige net surged 22%.
- Nichole Harper
- 13 Oct, 2015
- New York City
Stocks meandered on Wall Street after SAB Miller agreed to be acquired by InBev for $106 billion. Financials were under pressure ahead of earnings this week. Mixed trade data from China also muted trading sentiment across Atlantic.
- Marcus Jacob
- 13 Oct, 2015
- New York City
Australian market indexes slipped and the Aussie dollar halted its nine-day winning streak after China reported mixed international trade data in September. Telstra said it will book $80 million charge after a fixed-line pricing ruling by a regulator.
- Hiruki Nakamura
- 13 Oct, 2015
- New York City
Nikkei average in Tokyo dropped more than 1% and the yen gained. On the weakness in crude oil prices, energy stocks led the market selloff after investors returned from a three-day holiday weekend. Inpex Corp and Japan Petroleum led the decliners.