- Marcus Jacob
- 05 Mar, 2015
- New York City
Australian trade deficit in January surged on weak commodities prices and retail sales in the month accelerated to 0.4% increase. Fortescue announced a plan to refinance debt and extend bank loans. Woodside won a regulatory approval to acquire Western Australia energy assets.
- Mukesh Buch
- 05 Mar, 2015
- New York City
Adani Power and JSW Steel won coal mining rights in Jharkhand. Crompton Greaves received three orders from Energy Efficiency Services. KEC International won orders worth ₹1,243 crore. RInfra plans to buy 18% stake at ₹819 crore in Pipavav Defence.
- Nichole Harper
- 04 Mar, 2015
- New York City
Market indexes declined for the second day in a row and February auto sales increased less than expected. GM, Chrysler and Nissan reported rising sales but Ford sales declined.
- Mukesh Buch
- 04 Mar, 2015
- New York City
Abercrombie & Fitch net plunged 33% on 14% decline in revenues. American Eagle net surged 487%. Bob Evans net fell 4% but sales climbed 5%. L.B. Foster net dropped 17%. Navistar net loss narrowed. Wayfair net loss widened.
- Nigel Thomas
- 04 Mar, 2015
- New York City
Fresnillo net tumbled 55% to $108 million. Henkel net jumped 3% to
- Marcus Jacob
- 04 Mar, 2015
- New York City
Australian economic growth was subdued in the final quarter of 2014 as terms of trade worsened. Aussie dollar gained and stock trading turnover was above $5 billion. QBE and Rio Tinto traded ex-dividend.
- 123jump.com Staff
- 04 Mar, 2015
- New York City
Market indexes in Japan declined for the second day in a row and the yen traded near its 4-week low. Hitachi was forced to lift its bid to acquire signalling business of Italian defense and aviation company, Finmeccanica. Nippon Steel to expand its steel in unit in western Japan.
- Mukesh Buch
- 04 Mar, 2015
- New York City
Reserve Bank of India lowered rate in a surprise move only three days after the release of central government budget. Sweden-based Volvo sold its 4.7% stake in Eicher Motors. Adani Group plans to buy port and related assets from Essar Port.
- Nichole Harper
- 03 Mar, 2015
- New York City
U.S. market indexes traded lower and barely managed to rebound from the mid-day lows as health care and technology stocks turned lower. Crude oil traded above $50 a barrel and gold at $1,200 an ounce. Controversial Prime Minister of Israel struggled to make his case to the U.S. lawmakers.
- Mukesh Buch
- 03 Mar, 2015
- New York City
AutoZone net jumped 10%. Best Buy profit surged 77%. Dicks Sporting net soared 12% on 11% increase in revenues. February auto sales at Ford fell 1.9% but Fiat Chrysler sales soared 6% and sales climbed 4.2%. Stage Stores profit surged 8.3%.
- Nigel Thomas
- 03 Mar, 2015
- New York City
Barclays net slid 35% to
- Hiruki Nakamura
- 03 Mar, 2015
- New York City
Stocks in Japan succumbed to sustained selling pressure but traders added exposure to electronics and automakers as the yen inched up to 120 mark against the yen. Takata stepped up air bag production to replace defective bags. Kobe plans to build an automotive body panel plant in the U.S.
- Marcus Jacob
- 03 Mar, 2015
- New York City
Reserve Bank of Australia held rate at 2.25% following a 25 basis point reduction at the last meeting and the Aussie dollar gained. Seasonally adjusted current account deficit declined 21% in the December quarter and value of building approvals in January jumped 29%.
- Mukesh Buch
- 03 Mar, 2015
- New York City
Hero MotoCorp said total two-wheeler sales in February fell 4%. M&M tractor sales plunged 35% and auto sales dropped 10%. Sun Pharma plans to acquire GlaxoSmithKline''s opiates business in Australia. TVS Motor total sales jumped 15%.
- Nichole Harper
- 02 Mar, 2015
- New York City
Market indexes advanced after deals dominated headlines. HP agreed to acquire Aruba Networks for $2.7 billion and Boston Scientific offered to pay $1.6 billion to buy urology business from Endo International. Tech heavy Nasdaq is set to retest the peak it reached fifteen years ago.