- Hiruki Nakamura
- 11 Sep, 2015
- New York City
Nikkei average eased and in volatile trading the reference index trimmed weekly gains. SoftBank Group was in focus on speculation that the founder Son is looking to take the telecom company private.
- Nigel Thomas
- 11 Sep, 2015
- New York City
Actelion in preliminary talk with the U.S.-based rivals ZS Pharma for $2.5 billion. Gerry Weber profit tumbled 49% but revenues jumped 5%. J D Wetherspoon profit soared 9% on 7% increase in revenues. Jelf received
- Marcus Jacob
- 11 Sep, 2015
- New York City
Australian market indexes closed down and trimmed weekly gains to 0.7%. Commodities eased. Commonwealth Bank only received 50% participation in its $3 billion rights offering. Newcrest Mining struggles with safety issues.
- Mukesh Buch
- 11 Sep, 2015
- New York City
Arvind Ltd, apparel retailer entered in a partnership with cosmetics retailer Sephora. MRF & TVS Motors finalize investment plans to expand manufacturing in Tamil Nadu. L&T is a step closer to issue bonds worth ₹9,600 crore.
- Mukesh Buch
- 10 Sep, 2015
- New York City
Assurant agreed to sell businesses for $1.92 billion to Canada-based Sun Life Financial. Dell plans to invest $125 billion in China in the next five years. Hovnanian net swung to a loss. Krispy Kreme profit increased 4%. Lululemon net dropped 2%. Palo Alto net loss widened.
- Marcus Jacob
- 10 Sep, 2015
- New York City
Australian market indexes declined more than 2% after regional markets turned volatile and investors worried on the faster economic slowdown in China. Gold and crude oil declined. Atlas Iron reached its production target four months ahead of schedule.
- Hiruki Nakamura
- 10 Sep, 2015
- New York City
Nikkei average settled lower in choppy trading following the largest one-day gain since 2008. Core machinery orders slipped in July. Shimamura advanced on higher first-half sales.
- Nigel Thomas
- 10 Sep, 2015
- New York City
Bouygues secured contract worth
- Mukesh Buch
- 10 Sep, 2015
- New York City
Com plans to sign a spectrum sharing agreement with Reliance Jio.Bharti and Malaysia-based Axiata Group are looking to combining operations in Bangladesh.
- Nichole Harper
- 09 Sep, 2015
- New York City
Stocks on Wall Street opened higher after positive comments from Beijing and Tokyo. However, market sentiment turned negative in the afternoon trading ahead of Fed policy meeting next week. Apple released new phone versions and business user focused tablets.
- Hiruki Nakamura
- 09 Sep, 2015
- New York City
Nikkei average soared nearly 8% after dipping into negative territory following a broader rally in Asia. In the largest one-day gain since October 2008, Nikkei closed at a one-week high. Toshiba traded volatile and SoftBank and Fanuc led gainers in the index.
- Marcus Jacob
- 09 Sep, 2015
- New York City
Australian market indexes soared more than 2% following an Asia-wide rally. In active trading, banks and resource stocks led gainers. Home loans approval increased less than expected 0.3% in July.
- Mukesh Buch
- 09 Sep, 2015
- New York City
Hindustan Unilever sold its bakery business to Nimman Foods. JK Tyre jumped 3% and the company plans to make tyres scooters. Hindalco refinanced about $2.2 billion of debt and extended loans for 10 more years.
- Mukesh Buch
- 09 Sep, 2015
- New York City
AEP Industries net soared. Barnes & Noble net loss widened. Casey''s General net surged 23% while sales plunged 11%. HD Supply jumped 127%. Men''s Wearhouse profit soared on 15% increase in revenues. Titan Machinery net swung to profit.
- Nigel Thomas
- 09 Sep, 2015
- New York City
ABB lowered revenues forecast up to fiscal 2020. Bourbon net loss widened. Barratt Developments profit surged 47%. Hargreaves Lansdown net slumped 3%. Ryanair lifted profit forecast after traffic in the first-half jumped 13%.