- Nigel Thomas
- 16 Feb, 2015
- New York City
Balfour Beatty divest 80% interest in Thanet offshore transmission project for
- Marcus Jacob
- 16 Feb, 2015
- New York City
Australian markets edged up following a rebound in metals and oil prices extended gains for the third week in a row. Total motor vehicles sales in January declined 1.5% to 93,104. QBE Insurance divested three agency businesses. Aurizon, the freight rail operator reported flat first-half sales.
- Hiruki Nakamura
- 16 Feb, 2015
- New York City
Nikkei index in Tokyo closed at a new eight year high after the yen weakened and the economy in the fourth quarter grew but at a slower than expected pace. Fanuc, the robotic equipment maker, plans to invest $1.1 billion by the end of 2016. Yokohama Rubber annual net rose 16%.
- Mukesh Buch
- 16 Feb, 2015
- New York City
Stocks in Mumbai extended gains for the fifth day in a row after trade deficit edged lower. Exports and imports declined 11% and trade gap fell to $8.32 billion. HDFC net surged 13% on 19% increase in revenues. HDFC Bank net climbed 20%. ONGC net plunged 50%. Sun Pharma net fell 7%.
- Nichole Harper
- 13 Feb, 2015
- New York City
Stocks in New York advanced and several indexes flirted with new highs with large and small cap indexes trading at new highs. Tollbooth Index and the S&P 500 index traded at record highs. Germany led the improving economic expansion data in the euro zone.
- Mukesh Buch
- 13 Feb, 2015
- New York City
ArcelorMittal net loss narrowed and sales declined 6%. AIG net tumbled 67%. DTE Energy lifted earnings outlook. Groupon net swung to profit. Smucker revenues and profit declined. Kraft Foods net swung to a loss. Ventas net rose. VF Corp net plunged 67%.
- Nigel Thomas
- 13 Feb, 2015
- New York City
Anglo American reported net loss widened to $2.5 billion. Centrica
- Nigel Thomas
- 13 Feb, 2015
- New York City
German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras struck a friendlier tone in looking for a solution to the debt problem of Greece. Prime Minister Tsipras is still looking for debt write down and tie future loan payments with the primary budget surplus.
- Hiruki Nakamura
- 13 Feb, 2015
- New York City
Market averages in Tokyo eased from the recent 7-year high and investors focused on the latest batch of earnings. Citizen Holdings nine-month revenues jumped 5.6% and net soared 33%. Suntory Beverage & Food annual sales rose 12% and earnings advanced 16%. Mabuchi Motor net was ahead of expectations.
- Marcus Jacob
- 13 Feb, 2015
- New York City
Australian market indexes soared in active trading after commodities rebounded and domestic earnings supported market momentum. Newcrest Mining reported surging earnings on flat revenues and also said that the gold miner is open to selling its third largest mine. Sims Metals soared.
- Mukesh Buch
- 13 Feb, 2015
- New York City
State Bank of India net surged 30% but loan loss reserves stayed at 4.9%. BHEL net plunged 69%. Cipla jumped 15%. Coal India net declined 16% but sales jumped 4%. M&M revenues slipped 9%. Max India net soared three-fold.
- Nichole Harper
- 12 Feb, 2015
- New York City
Stocks surged ahead and Nasdaq flirted with record high after earnings empower market rally on Wall Street. Easing Ukraine and Greece related tensions in Europe also supported market advance. U.S. dollar gained as retail sales fell and weekly jobless claims rose.
- Mukesh Buch
- 12 Feb, 2015
- New York City
Avon net loss widened on 13% fall in revenues. BorgWarner dropped 1%. Boeing secured two orders worth about $3.1 billion. Expedia agreed to acquire rival Orbitz Worldwide for $1.38 billion. NVIDIA net surged 31%. Tesla net loss widened. Tripadvisor surged after net climbed 80%.
- Nigel Thomas
- 12 Feb, 2015
- New York City
Alstom-Bombardier consortium received order for ten MI09 double-deck trains worth about
- Hiruki Nakamura
- 12 Feb, 2015
- New York City
Weaker yen, rising earnings and a growing stock buyback announcement lifted Nikkei to the highest level in 7