- Mukesh Buch
- 01 Sep, 2015
- New York City
Dollar Tree net swung to a loss. Donaldson net plunged 23%. Ford sales in August soared 5.4%. Chrysler Sales in August increased 2%. GM sales in the U.S. fell 0.7%. Nissan sales decreased 0.8%. SAIC profit tumbled 35%.
- Hiruki Nakamura
- 01 Sep, 2015
- New York City
Nikkei average in Tokyo plunged nearly 4% after corporate capital spending growth declined in June quarter and investors worried that the current quarter data may show additional weakness. Toshiba Corp plunged 5% after the conglomerate delayed releasing financial statements again.
- Marcus Jacob
- 01 Sep, 2015
- New York City
Australian markets plunged after the official manufacturing index in China dropped to a three-year low in August. Reserve Bank of Australian held its reference rate and cited slowing down Chinese economy. Myer Holdings plans to raise $211 million in a rights offering.
- Mukesh Buch
- 01 Sep, 2015
- New York City
Sensex in Mumbai dropped 2% on weakness in China and European markets. Maruti Suzuki said August total sales increased 6% but Mahindra & Mahindra total sales declined 22%. Sun Pharma acquired opiates business in Australia from Glaxo. Petronet is looking to raise $155 million through a bond offering.
- Nigel Thomas
- 01 Sep, 2015
- New York City
Whirlpool offered to buy Rangemaster for
- Nichole Harper
- 31 Aug, 2015
- New York City
U.S. rate jitters dominated market sentiment in New York and in Europe. Crude oil halted the largest two-day advance and volatile Chinese stocks dropped as much as 4% before closing up. India stepped up investment in energy production with agreements in Mozambique and Iran.
- Mukesh Buch
- 31 Aug, 2015
- New York City
Bristol-Myers plans to acquire worldwide right for fibrosis drug from Promedior for $1.3 billion. Exelon reaffirmed to acquire Pepco Holdings. HealthSouth plans to acquire CareSouth Health for $170 million. Quanex Building Products agreed to acquire Woodcraft for $248.5 million.
- Hiruki Nakamura
- 31 Aug, 2015
- New York City
Nikkei average in Tokyo closed down following weak economic data. Industrial production in July declined unexpectedly by 0.6% and housing starts in the month plunged 7.4%. Auto production in the month decreased 5.9%.
- Nigel Thomas
- 31 Aug, 2015
- New York City
Volkswagen was ordered by international arbitration tribunal to sell its 19.9% stake in Suzuki Motor. Maersk received approval to develop the Culzean gas field in the North Sea, U.K. Bertelsmann profit surged 55%.
- Marcus Jacob
- 31 Aug, 2015
- New York City
Australian market indexes dropped more than 1% and investors focused on the possibility of the first U.S. rate hike in more than a decade as early as next months. Australian corporate gross profits declined 1.9% in the June quarter. Infigen Energy, wind farm operator, reported widening loss.
- Mukesh Buch
- 31 Aug, 2015
- New York City
ONGC plans to invest $24 billion in Mozambique to produce natural gas and Indian Oil plans to build a $3 billion petrochemicals plant in Iran. Gillette India profit surged 335%.
- Mukesh Buch
- 28 Aug, 2015
- New York City
Celgene completed the acquisition of Receptos for $7.2 billion. Neogen agreed to acquire the U.K.-based rival Lab M. Autodesk net swung to a loss. Big Lots offered higher annual outlook. GameStop profit surged 35%. OmniVision net tumbled 60%. Ulta Salon net surged 22%.
- Marcus Jacob
- 28 Aug, 2015
- New York City
Australian market indexes gained and extended weekly advance. For the week, the ASX 200 index closed up 0.8%. Furniture and electronics retailer, Harvey Norman said annual net soared. Woolworths said full-year profit plunged 12.5%.
- Hiruki Nakamura
- 28 Aug, 2015
- New York City
Market indexes in Japan soared following a similar rebound in overnight trading in New York after the latest data offered a brighter view of the U.S. economic growth. However, caution prevailed and short selling ratio in Tokyo shot up to a record high of 39.8%.