- Mukesh Buch
- 11 Aug, 2015
- New York City
Envestnet agreed to acquire personal financial account aggregator Yodlee for $660 million. Shenandoah agreed to acquire NTELOS for $640 million. Ares Management net declined 32%. Symantec net tumbled 50%. Rentech net loss widened. Towers Watson net rose 8%. Zebra plunged after net swung to a loss.
- Nichole Harper
- 10 Aug, 2015
- New York City
Merger deals powered market indexes higher on Wall Street. European markets closed mixed and wholesale price index in China dropped the most in July in six years.
- Hiruki Nakamura
- 10 Aug, 2015
- New York City
Nikkei average in Tokyo closed higher and investors digested earnings reports for the third week in a row. Dai-ichi Life Insurance reported quarterly net rose 68% and revenues surged 13%. Toyo Tire & Rubber surged after estimating lower-than-expected decline in annual net income.
- Marcus Jacob
- 10 Aug, 2015
- New York City
Australian market indexes advanced after a week of volatile trading and commodities prices rebounded. Ansell Ltd annual sales rose 3.5% and net soared more than four-fold. JB Hi-Fi soared 10% and declared annual dividend of 31 cents. Carsales.com agreed to acquire Mexico-based Soloautos.
- Mukesh Buch
- 10 Aug, 2015
- New York City
Berkshire Hathaway agreed to acquire Precision Castparts for $37.2 billion and said profit declined 37% to $4.01 billion. CVR Partners plans to acquire 59.7% stake in Rentech Nitrogen. AES net tumbled 48%. Dean Foods net swung to profit. Sysco profit plunged 71%.
- Mukesh Buch
- 10 Aug, 2015
- New York City
Adani Ports said quarterly profit jumped 13% on 32% increase in revenues. Adani Power loss widened. Chambal Fertilisers profit surged 81% on 22% increase in revenues. Rural Electrification quarterly net rose 15%.
- Nigel Thomas
- 10 Aug, 2015
- New York City
Air France passenger count in July increased 2.4% to 8.9 million. Carillion secured
- Nichole Harper
- 07 Aug, 2015
- New York City
Market indexes extended losses in the week and broader indexes have lost more than 2% in the week. Latest jobs report may support the rate hike at the next meeting of policy makers. Volatile Shanghai market index jumped 2.3% and India accelerates road construction projects.
- Mukesh Buch
- 07 Aug, 2015
- New York City
Consolidated Edison net jumped 3% but revenues dropped 4%. Groupon net swung to profit. Hershey net swung to a loss. IBM plans to acquire Merge Healthcare for $1 billion. NVIDIA net tumbled 80% but revenues jumped 4%. Sothebys net plummeted 13%. Viacom net slumped 3%.
- Hiruki Nakamura
- 07 Aug, 2015
- New York City
Nikkei 225 Average extended weekly gain and trading companies and camera makers were in focus after earnings results. Konica Minolta quarterly net declined 30% and Nikon net dropped 10%. Yokogawa Electric quarterly net jumped nearly four-fold.
- Marcus Jacob
- 07 Aug, 2015
- New York City
ASX 200 index fell sharply and bank stocks led the decliners for the second day in a row. Virgin Australia reported net loss on widening loss in its international operations. Explosive maker Orica Ltd plans to write down $1.65 billion as mining industry downturn cuts demand.
- Nigel Thomas
- 07 Aug, 2015
- New York City
Allianz net surged 13%. Erste Group Bank net swung to a loss to
- Mukesh Buch
- 07 Aug, 2015
- New York City
Infrastructure builders led by road contractors power India stocks rally. Tata Motors said quarterly profit plunged 48%. BHEL net tumbled 83%. M&M profit fell 3%. Future Retail net plunged 93% but revenues surged 23%.
- Nichole Harper
- 06 Aug, 2015
- New York City
Stocks on Wall Street were under pressure after media stocks extended losses to the second day as more younger viewers migrate away from traditional television networks. U.S. weekly jobless claims rose less than expected.
- Mukesh Buch
- 06 Aug, 2015
- New York City
Activist investor controlled hedge fund manager Ackman acquired 7.5% stake in Mondelez worth $5.5 billion. CF Ind agreed to acquire OCI businesses for $6 billion. Apache net swung to a loss. Costco comparable store sales were flat. Icahn Entp net tumbled 57%.