- Marcus Jacob
- 03 Nov, 2015
- New York City
Reserve Bank of Australia left its reference rate on hold and held out for more easing steps on benign inflation outlook. GrainCorp issued a profit warning. Banks led the gainers in Sydney trading.
- Nigel Thomas
- 03 Nov, 2015
- New York City
Associated British Foods net tumbled 33% and net debt was cut by more than half. BMW profit soared 21% on 14% increase in revenues. Hugo Boss net plunged 9%. Standard Chartered swung to a loss and plans to raise
- Sarla Buch
- 03 Nov, 2015
- New York City
Scooter and motorcycle sales in October surged in India. Adani Power said loss narrowed but RPower said quarterly profit rose. ABB India net soared 31%. Berger Paints net soared 33%. Power Finance profit jumped 20% on 13% increases in revenues.
- Nichole Harper
- 02 Nov, 2015
- New York City
Market indexes on Wall Street extended gains and construction spending increased rose in September. ConAgra Foods signed a tentative deal to sell majority of its struggling private-label business to TreeHouse Foods for $2.7 billion. U.S. expands Volkswagen emissions investigation to luxury cars.
- Marcus Jacob
- 02 Nov, 2015
- New York City
ASX 200 index in Australia closed down for the sixth day in a row in thin trading ahead of the rate decision from the Reserve Bank of Australia tomorrow. REA Group agreed to acquire iProperty in all cash offer for $4 a share. Westpac Banking Corp said annual net increased 3% to $7.8 billion.
- Hiruki Nakamura
- 02 Nov, 2015
- New York City
Nikkei average in Tokyo dropped 2.1% and iron and steel sector led the decliners after two manufacturing surveys in China showed the sector remains in the contraction phase. Nissan Motor said first-half sales increased 15% and net soared 37%. LIXIL estimated annual net sales to increased 11%.
- Mukesh Buch
- 02 Nov, 2015
- New York City
Visa profit soared and agreed to acquire Visa Europe for $23.4 billion. GE completed acquisition of two units from Alstom for $10.6 billion. Cardinal Health net and revenues soared. Clorox net surged. Estee Lauder jumped on positive outlook. Ecolab net tumbled. Sysco net plunged.
- Nigel Thomas
- 02 Nov, 2015
- New York City
GE completed acquisition of power and grid businesses from Alstom for
- Sarla Buch
- 02 Nov, 2015
- New York City
Maruti Suzuki, the largest auto maker in India said auto sales in October soared 29% and M&M total sales jumped 20%. Tata Motors passenger and commercial vehicles sales rose 1%. RCom agreed to acquire Sistema''''s Indian mobile phone unit of about $686 million.
- Nichole Harper
- 30 Oct, 2015
- New York City
Market indexes on Wall Street closed down after consumer spending in September registered its smallest increase in eight months. Crude oil in New York and in London gained 2%. S&P 500 index soared 8% and erased all of the summer month decline taking the benchmark to 1% increase in the year so far.
- Hiruki Nakamura
- 30 Oct, 2015
- New York City
Nikkei average extended weekly gain on Friday to 1.4% and jumped nearly 9% in the month. Daiichi Sankyo and Takeda Pharmaceutical estimated higher annual sales but quarterly earnings quality were lower-than-expected. NTT DoCoMo first-half sales rose only 1.9%.
- Marcus Jacob
- 30 Oct, 2015
- New York City
Australian market indexes declined and extended weekly losses after wholesale index increase accelerated in the third-quarter. Aussie dollar weakened. Macquarie Group reported net income in the first-half increased 58%.
- Nigel Thomas
- 30 Oct, 2015
- New York City
AB InBev net tumbled 28%. Airbus net jumped 36% and the aircraft maker plans to sell its remaining stake in Dassault Aviation by the end of next year and buyback
- Mukesh Buch
- 30 Oct, 2015
- New York City
Colgate-Palmolive net surged but revenues plunged. CVS Health lifted earnings forecast. Chevron and Exxon net tumbled. Mylan net fell 14% but revenues soared 30%. Visa is in preliminary talks to acquire Visa Europe.
- Sarla Buch
- 30 Oct, 2015
- New York City
ICICI Bank and Kotak Mahindra Bank said quarterly profit surged. Dr. Reddy''s Lab profit soared 26%. Emami net plunged 33% but revenues jumped 17%. Nestle India net and revenues declined. L&T profit rose 16%.