- Nigel Thomas
- 02 Oct, 2015
- New York City
Air France KLM board agreed on a restructuring plan for next two years. Carl Zeiss Meditec estimated revenues for the year to jump 14% to
- Marcus Jacob
- 01 Oct, 2015
- New York City
Resource stocks and banks led the latest advance in Australia. Crude oil and gold gained. Arrium estimated additional cost savings of $60 million as the steelmaker restructure its distribution and operations. Newcrest Mining sold off its remaining stake in Evolution Mining.
- Nigel Thomas
- 01 Oct, 2015
- New York City
Altice raised $2 billion in an equity offering and $8.6 billion in debt offering to finance the purchase of Cablevision. Repsol sell part of its piped gas business. Tullow managed to retain its credit facility of
- Mukesh Buch
- 01 Oct, 2015
- New York City
Ford, Fiat Chrysler, GM, Nissan U.S. sales in September surged. Bassett Furniture profit and revenues jumped. JPMorgan plans to bid for $18 billion of mortgages sold by the U.K. government. McCormick net tumbled 21%. Rite Aid same store sales increased 1.5%.
- Nichole Harper
- 30 Sep, 2015
- New York City
Stocks on Wall Street rebounded and market indexes soared. S&P 500 index jumped 1.9% in active trading. U.S. Congress passed a stop-gap measure just hours before to avert a government shutdown. Fro the quarter, the S&P 500 index declined 6.9% and the Nasdaq dropped 7.4%.
- Hiruki Nakamura
- 30 Sep, 2015
- New York City
Nikkei average in Tokyo surged on a technical rebound and investors overlooked the weak factory output and retail sales data. Japan Tobacco plunged 10% after the company agreed to an expensive purchase of brands from Reynolds America.
- Marcus Jacob
- 30 Sep, 2015
- New York City
Australian market indexes soared 2% following a market advance in the region. New home construction in August declined 6.9%, significantly lower than the expectations of 2% fall but rose 5.1% from a year ago.
- Mukesh Buch
- 30 Sep, 2015
- New York City
Actuant tumbled 38% after the company lowered fiscal outlook. Avnet agreed to acquire Germany-based Orchestra Service. Barracuda Networks net swung to a loss. Costco profit soared 10%. Diamond Foods net swung to profit. Pfizer lifted revenues forecast.
- Nigel Thomas
- 30 Sep, 2015
- New York City
British American Tobacco completed the acquisition of Croatia-based TDR for
- Mukesh Buch
- 30 Sep, 2015
- New York City
India settled price of natural gas with contractors at $3.82 per unit, 18% lower than the current price. India imports nearly 50% of its natural gas demand. RCom is in advanced talks with Reliance Jio to share spectrum. Godrej Properties sold its Bandra-Kurla complex.
- Nichole Harper
- 29 Sep, 2015
- New York City
Market indexes in New York and Europe trended lower and commodities were in focus again. Asian markets sold off and Nikkei in Tokyo plunged more than 4%. Reynolds American agreed to sell a business unit for $5 billion.
- Hiruki Nakamura
- 29 Sep, 2015
- New York City
Nikkei average plunged 4% and led the Asia-wide decline on the ongoing Chinese economy slowdown worries. Shipping companies plunged more than 5% after a mid-tier shipper announced a plan to file bankruptcy.
- Marcus Jacob
- 29 Sep, 2015
- New York City
Australian market indexes plunged 4% and dropped to a two-year low in active trading after an analyst report cited dire outlokk for shareholders. Arrium agreed to develop a port facility at the third largest city in South Australia.
- Mukesh Buch
- 29 Sep, 2015
- New York City
Yahoo! plans to spin off about $22 billion in Alibaba shares that may not be a tax-free deal to shareholders. Ferrellgas Partners net loss widened after revenues declined. IHS profit soared. Reynolds American sells its certain brands to Japan Tobacco for $5 billion.
- Mukesh Buch
- 29 Sep, 2015
- New York City
The Reserve Bank of India lowered its reference rate as anticipated but consumer price inflation in India remains elevated despite the deepening wholesale price deflation. Shree Renuka said its Brazilian unit acquired five years ago in debt-financed deals filed for bankruptcy protection.