- Hiruki Nakamura
- 06 Aug, 2015
- New York City
Nikkei average closed higher and more companies announce earnings. Mitsui & Company, one of the largest trading companies in Japan reported declining profit and earnings. Softbank said quarterly revenues rose 10% and said estimating earnings outlook is difficult on several uncertainties.
- Nigel Thomas
- 06 Aug, 2015
- New York City
adidas said profit soared 11% and the athletic shoe maker completed the acquisition Runtastic. Aviva net tumbled 37%. Deutsche Telekom profit plummeted 41% to
- Marcus Jacob
- 06 Aug, 2015
- New York City
Banks in Australia led decliners and the ASX 200 index fell more than 1% after ANZ said it plans to raise more than $3 billion. Downer EDI plunged more than 11% after weak quarterly results. Rio Tinto net profit tumbled 82% on weak commodities prices.
- Mukesh Buch
- 06 Aug, 2015
- New York City
Siemens India quarterly profit surged. Cummins India surged 13% on 19% increase in revenues. Bajaj Electricals net soared 261%. Ramco Cements net surged 161%. NDTV Loss Widened.
- Nichole Harper
- 05 Aug, 2015
- New York City
S&P 500 and Tollbooth indexes extended gains in the session. Trade deficit widened in June and exports declined for the second month in a row. Private employers added fewer jobs in July. Media stocks declined after Disney lowered cable profit outlook.
- Marcus Jacob
- 05 Aug, 2015
- New York City
Australian market indexes traded weak despite a slight rebound in commodities prices in the region. Skilled Group swung to a quarterly loss after mining and energy companies cut workforce.
- Hiruki Nakamura
- 05 Aug, 2015
- New York City
Investors shifted focus to domestic earnings. Toyota said quarterly net rose 10% and reaffirmed its annual global production outlook with a slight change in production mix. Marubeni said quarterly net rose 7% but sales declined 10%.
- Mukesh Buch
- 05 Aug, 2015
- New York City
Activision net jumped 4%. Baxalta rejected $30 billion unsolicited proposal from Shire. Cognizant net rose 13%. DISH net surged 52%. Intercontinental Exchange net climbed 25%. Motorola net tumbled 83%. Priceline net declined 10.3%. Time Warner net soared 14%. Disney net rose 10%.
- Nigel Thomas
- 05 Aug, 2015
- New York City
Beiersdorf profit soared 14%. ING net swung to profit to
- Mukesh Buch
- 05 Aug, 2015
- New York City
Bharti said quarterly profit soared 40%. Emami net climbed 24%. Canara Bank net declined 47% as the bank struggles with loan losses. Torrent Power net doubled. Balaji Telefilms reacquires 26% stake from a unit of 21st Century Fox.
- Nichole Harper
- 04 Aug, 2015
- New York City
Market indexes on Wall Street lacked direction and manufacturing orders rebounded in June on strong demand for transportation equipment including aircrafts. Shire offered $33 billion to acquire the recent Baxter spin-off Baxalta.
- Hiruki Nakamura
- 04 Aug, 2015
- New York City
Earnings season in Japan picked up momentum as trading companies reported shrinking revenues and rising profits. Yen held firm as monetary base in July jumped 32.8% from a year ago. Current account surplus surged nearly 50%.
- Marcus Jacob
- 04 Aug, 2015
- New York City
Reserve Bank of Australia left rates on hold at 2% and trade deficit widened in June. Australian retail sales increase in June accelerated from May. Suncorp Group declared a special dividend despite $1 billion natural hazard claims payments.
- Mukesh Buch
- 04 Aug, 2015
- New York City
3M acquired Capital Safety from KKR for $2.5 billion. AIG net tumbled 42%. Archer Daniels profit declined 28% on 20% drop in revenues. CVS Health rose 2%. HCP net plummeted 25%. Health Net net plunged 52%. Kellogg profit declined 24%. Parker-Hannifin net tumbled 40%.
- Nigel Thomas
- 04 Aug, 2015
- New York City
Shire made a hostile offer to acquire Baxalta for $33.9 billion. AXA profit jumped 2% to