- Mukesh Buch
- 02 Mar, 2015
- New York City
Ambac Financial net surged but revenues declined 60%. Boston Scientific agreed to acquire AMS urology business from Endo Intl for $1.6 billion. Endo Intl net loss narrowed after revenues soared 37%. EV Energy net swung to profit. Sothebys net plummeted 18%.
- Nigel Thomas
- 02 Mar, 2015
- New York City
British Land acquired Surrey Quays Leisure Park in Canada Water for
- Hiruki Nakamura
- 02 Mar, 2015
- New York City
Stocks in Tokyo largely reacted to domestic corporate and earnings news. Mitsui OSK signed an agreement with South Korea based Samsung Heavy Industries to build four world
- Marcus Jacob
- 02 Mar, 2015
- New York City
Australian market index traded at a 7-year high ahead of rate decision tomorrow. Over the weekend, China lowered its reference rate and India proposed to increase infrastructure spending in next fiscal year. Myer Holdings forced out chief executive and finance officers.
- Mukesh Buch
- 02 Mar, 2015
- New York City
Stocks in Mumbai extended gains and auto makers report rising sales. Ashok Leyland said total auto sales in February soared 36%. Maruti Suzuki India sales rose 9%.
- Nichole Harper
- 27 Feb, 2015
- New York City
U.S. stocks struggled to advance after economic growth in the final quarter was revised down to 2.2% from the previous estimate of 2.6%. For all of 2014, economic expansion accelerated to 2.4% from 2.2% in 2013. J.C. Penney plunged 6% on weaker outlook.
- Mukesh Buch
- 27 Feb, 2015
- New York City
Autodesk net tumbled 79% but revenues soared 13%. Barnes & Noble plans to spin off the college bookstore division. CST Brands net surged 177% while revenues declined 11%. Icahn Enterprises and J C Penney net swung to a loss. KBR net loss widened. Ross Stores profit climbed 14%.
- Nigel Thomas
- 27 Feb, 2015
- New York City
Airbus profit soared 59% to
- Hiruki Nakamura
- 27 Feb, 2015
- New York City
Nikkei in Japan extended to another 15-year high as investors digested several economic reports. Auto production declined for the seventh month in a row and housing starts fell for the eleventh month. Also, the latest measure of inflation showed a decline and jobless rate was unchanged.
- Marcus Jacob
- 27 Feb, 2015
- New York City
In active trading, market indexes in Sydney rebounded and the Aussie dollar traded near 78 U.S. cents. Cabcharge first-half revenues declined 2.1% and net fell 13%. Graincorp estimated lower operating and net income in fiscal 2015. Woolworths first-half net declined 3.8%.
- Mukesh Buch
- 27 Feb, 2015
- New York City
NTPC started Unit-III of 500 megawatt power project in Tamil Nadu. Sadbhav Engineering won the highway expansion in Haryana. Nippon Life Insurance acquired 9% stake in subsidiary of Reliance Capital.
- Nichole Harper
- 26 Feb, 2015
- New York City
Market indexes on Wall Street traded higher and weekly jobless claims soared in the last week. Durable goods orders in January increased 2.8% after two monthly declines in a row.
- Mukesh Buch
- 26 Feb, 2015
- New York City
AES net swung to profit after revenues climbed 9%. Avago revenues and net surged and agreed to acquire Emulex for $609 million. Chico''s and Harsco net loss widened. HP is in talks to buy Aruba Networks. Kohl''s net soared 10%. Salesforce and Sears net loss narrowed.
- Nigel Thomas
- 26 Feb, 2015
- New York City
Ahold net tumbled 77% to
- Hiruki Nakamura
- 26 Feb, 2015
- New York City
Nikkei average rebounded to a new 15-year high after the yen weakened. Industrial & Infrastructure Fund said first-half revenues declined 2.9%. Sony said it is not planning to sell its TV and mobile phone businesses it plans to spin off.