- Nichole Harper
- 17 Jul, 2015
- New York City
Tech stocks rallied and Google Inc pushed Nasdaq Composite index further into record zone. However, weakness in energy stocks on weaker oil price kept the S&P 500 index in check. General Electric gained on improving outlook for industrial manufacturing business.
- Hiruki Nakamura
- 17 Jul, 2015
- New York City
Nikkei index extended weekly surge to 4.4% as world markets advanced on the hopes that the third bailout for Greece will be approved. Sharp Corp reported quarterly loss as management struggles with liquid crystal display business. Eisai Co agreed to transfer its facility in North Carolina to Biogen.
- Mukesh Buch
- 17 Jul, 2015
- New York City
Comerica net plunged 9%. Domino''''s profit surged 19%. GE net swung to a loss. Google profit surged 17% on 11% increase in revenues. Honeywell net climbed 8% but revenues declined 5%. J B Hunt net soared 11%. Grainger net jumped 7%.
- Nigel Thomas
- 17 Jul, 2015
- New York City
German lawmakers approve Greek proposal but a significant minority of ruling party disapproved. Electrolux net swung to profit of 608 million kronor. Ericsson profit plunged 20% and revenues climbed 11%. Fortum net surged 86% to
- Marcus Jacob
- 17 Jul, 2015
- New York City
Market indexes in Sydney in volatile trading closed unchanged and trading volume was 30% below normal. For the week, the ASX index surged 3.2%. Metcash surged 10% after supermarket operator appointed a new chief. Santos Limited said quarterly production increased 12%.
- Mukesh Buch
- 17 Jul, 2015
- New York City
Tata Motors plans to raise ₹4,400 crore through a non-convertible debentures offering. Crompton Greaves won a contract in Saudi Arabia. MindTree agreed to acquire UK-based management consultancy.
- Nichole Harper
- 16 Jul, 2015
- New York City
Market indexes on Wall Street and in Europe advanced and euro zone ministers and European Central Bank worked to expand emergency line of credit to Greek banks. U.S. jobless claims and housing data point improving economic conditions.
- Mukesh Buch
- 16 Jul, 2015
- New York City
BB&T net jumped 7%. Citigroup profit surged after credit loss and expenses declined. eBay net tumbled 88% but revenues climbed 7%. Goldman Sachs net plunged 53%. Intel profit dropped 3% on 5% decline in revenues. Netflix net plunged 63%. Philip Morris net rose 2%.
- Nigel Thomas
- 16 Jul, 2015
- New York City
Greek lawmakers approve tougher conditions demanded by international lenders. Carrefour sales jumped 4%. Elisa profit soared 12%. Investor net swung to a loss to 8.5 billion kronor. Nordea Bank profit climbed 39%. Rio Tinto lowered iron ore shipments forecast. Sports Direct net surged 33%.
- Marcus Jacob
- 16 Jul, 2015
- New York City
Nikkei extended gains for the fourth day in a row and the yen held firm after Greek lawmakers approved tougher conditions demanded by international lenders. Mitsubishi Chemical plans to integrate with plastics and rayon companies.
- Marcus Jacob
- 16 Jul, 2015
- New York City
Australian markets traded higher but the Aussie dollar dropped below 74 U.S. cents. Rio Tinto said global iron ore production in June quarter rose 9% but issued weak outlook for shipment. Woodside Petroleum second quarter revenues dropped 46%.
- Mukesh Buch
- 16 Jul, 2015
- New York City
Sensex extended weekly gains. Bharti is in advanced talks with Vodafone and Idea Cellular to acquire telecom towers for $1.6 billion. Reliance started to sell diesel to Indian Railways. Adani Power secured three power transmission projects in Chhattisgarh.
- Nichole Harper
- 15 Jul, 2015
- New York City
Market indexes on Wall Street struggled near the recent highs and Fed Chair Janet Yellen reiterated central bank
- Mukesh Buch
- 15 Jul, 2015
- New York City
Bank of America net soared 132%. BlackRock net barely rose 1%. Celgene agreed to acquire Receptos for $7.2 billion. Delta Air Lines net surged 85%. U.S. Bancorp net fell 0.7%. Yum Brands profit plunged 30%.
- Nigel Thomas
- 15 Jul, 2015
- New York City
Prime Minister Alexis Tspiras government may fall after the latest debate fracture the coalition. Aker Solutions net plunged 46%. AGA Rangemaster agreed to be acquired by U.S.based Middleby for