- Marcus Jacob
- 27 Mar, 2015
- New York City
Australian markets braved higher on the back of a sixth day rally in oil prices and gold extended seven day advance to 5%. Chevron agreed to sell its 50% stake in Caltex after 40 years as the U.S.-based oil explorer retrenches from refining businesses.
- Nichole Harper
- 26 Mar, 2015
- New York City
A mild rebound in tech stocks failed to lift the broader indexes and oil rally extended to fifth session in a row. S&P 500 index is down more than 2% in the week so far and the Nasdaq is down 3%, the largest weekly loss since October.
- Mukesh Buch
- 26 Mar, 2015
- New York City
Accenture Net climbed 9%. ConAgra net swung to a loss but lifted earnings forecast. Lululemon surged 7% on positive outlook. PVH net swung to profit. Red Hat net jumped 6% on 15% increase in revenues. Signet Jewelers net rose 1%. SanDisk tumbled 17%.
- Nigel Thomas
- 26 Mar, 2015
- New York City
Deutsche Postbank net plunged 16% to
- Hiruki Nakamura
- 26 Mar, 2015
- New York City
Nikkei index in Tokyo closed lower following an Asia-wide sell-off sparked by more than 1% decline in New York. Ichibanya Co said third-quarter earnings surged 39% on 6% increase in revenues. Mitsubishi Motors plans to invest $500 million in Indonesia.
- Marcus Jacob
- 26 Mar, 2015
- New York City
Australian markets plunged following weak closing in New York. Despite the jump in oil prices, resource companies and banks declined. Bank of Queensland said net profit in the first-half increased 14%.
- Mukesh Buch
- 26 Mar, 2015
- New York City
Indexes in Mumbai led the decline across Asia after a sell-off in New York. Amtek Auto to buy U.S.-based TRW Automotive Holdings Corp.
- Nichole Harper
- 25 Mar, 2015
- New York City
Market indexes on Wall Street dropped more than 1% after durable goods orders declined in February largely because of weakening exports on higher dollar. Heinz kicked-off long awaited consolidation in food industry with the purchase of Kraft at 27% premium.
- Mukesh Buch
- 25 Mar, 2015
- New York City
Apollo Education net swung to a loss on 14% decline in revenues. Kraft Foods agreed to merge with H.J. Heinz backed by 3G Capital and Berkshire Hathaway. Christopher & Banks net tumbled 22%. Lindsay profit plunged 33%. Lexmark plans to acquire Kofax for $1 billion. Paychex Net Jumped.
- Nigel Thomas
- 25 Mar, 2015
- New York City
Airbus plans to sell its stake 17.5% in Dassault Aviation as the French government looks to raise capital. Balfour Beatty net loss widened to
- Hiruki Nakamura
- 25 Mar, 2015
- New York City
Nikkei index trimmed losses of the day after investors remained focused on dividend expiry on Thursday. Nikkei is likely to surpass 20,000 mark as long term investors remain in accumulation phase as wage gains spread across the economy.
- Marcus Jacob
- 25 Mar, 2015
- New York City
Australian market indexes bounced around looking for a direction after Reserve Bank highlighted rising risks in the housing market. Aussie dollar gained and stocks closed higher in active trading.
- Mukesh Buch
- 25 Mar, 2015
- New York City
Stocks in Mumbai declined for the sixth day in a row. NTPC won the latest coal mining awards as the central government speeds up allocation. Tata Motors announced a rights plan to raise $1.2 billion. Sun Pharma completed the purchase of the troubled Ranbaxy Laboratories.
- Nichole Harper
- 24 Mar, 2015
- New York City
Stocks on Wall Street lacked direction as investors assessed the latest read on consumer prices, corporate earnings and diverging growth data from the euro zone and China. The dollar remained firm against the euro and the yen as manufacturing index dropped to an 11-month low in China.
- Mukesh Buch
- 24 Mar, 2015
- New York City
G-III Apparel net surged 139%. HD Supply net loss widened but revenues climbed 7%. IHS lowered its revised forecast. McCormick profit tumbled 15%. Ocwen Financial agreed to sell mortgage servicing rights portfolio to Nationstar Mortgage.