- Marcus Jacob
- 29 Jan, 2015
- New York City
Australian dollar held firm but analysts raised the prospect of the currency to drop as low as 72 U.S. cents. Fortescue Metals reported 47% increase in shipment in the first-half and also cut in half its planned capital spending but said production cost is expected hover near $25 a ton.
- Hiruki Nakamura
- 29 Jan, 2015
- New York City
Nikkei in Tokyo fell more than 1% after seasonally adjusted monthly retail sales slipped 0.3% in December. In addition, stocks fell after U.S. Fed in its statement cited weak global economic growth. Skymark Airlines plunged 25% after filing bankruptcy protection. Nintendo tumbled 8%.
- Mukesh Buch
- 29 Jan, 2015
- New York City
Asian Paints said net rose 15%. Alstom net and revenue declined. HDFC Bank net advanced 11%. Just Dial net increased 8% on 21% increase in revenues. Pidilite net soared 28%.
- Nichole Harper
- 28 Jan, 2015
- New York City
Stocks on Wall Street traded sideways ahead of Fed decision on interest rate and oil prices extended weekly and losses in the year so far. European markets traded lower after market indexes in Athens plunged 9% and banks extended weekly losses to 44%.
- Mukesh Buch
- 28 Jan, 2015
- New York City
Apple net surged 38% on 30% increase in revenues. AT&T net swung to a loss of $3.9 billion. Boeing profit jumped 19%. General Dynamics net soared 42%. Yahoo soared 109% and will spin off its remaining stake in Alibaba.
- Hiruki Nakamura
- 28 Jan, 2015
- New York City
Stocks in Tokyo extended gains and Topix closed at a seven-week high and yen eased a little. Chugai Pharmaceutical said annual sales increased 8.8%. FujiFilm net in nine-month period surged. Hitachi Construction Machinery and Komatsu reported weakening earnings.
- Nigel Thomas
- 28 Jan, 2015
- New York City
Antofagasta production of gold and copper in fourth-quarter climbed. Hennes & Mauritz net surged 12%. Johnson Matthey sales jumped 5% to
- Marcus Jacob
- 28 Jan, 2015
- New York City
Australian inflation measure dipped below 2% for the first time in 2-
- Mukesh Buch
- 28 Jan, 2015
- New York City
Adani Ports net rose 14%. GSFC net rose less than expected 2% on 11% rise in revenues. Maruti plans to set up three units in Gujarat. Ranbaxy net loss widened. Titan net rose 15% on 9% increase in revenues. L&T sold its iron unit to Australia-based Bradken Limited.
- Nichole Harper
- 27 Jan, 2015
- New York City
Market indexes on Wall Street plunged more than 1.5% after disappointing durable goods orders and earnings from Caterpillar, Microsoft, United Technologies and Procter & Gamble. Oil and iron ore traded near six-year lows and euro and bonds in the euro zone were in focus.
- Mukesh Buch
- 27 Jan, 2015
- New York City
3M net climbed 7% but sales fell 2%. Bristol-Myers net tumbled 98%. Caterpillar profit declined 25%. Corning net surged 135%. Du Pont revenues dropped 5%. Lockheed Martin net jumped 85%. Pfizer profit plummeted 52%. P&G net tumbled 31%.
- Nigel Thomas
- 27 Jan, 2015
- New York City
Bonds in the euro zone were in focus again after investors worried that Greek leaders may push for debt write-off opposed by European leaders.
- Nigel Thomas
- 27 Jan, 2015
- New York City
Ericsson net plunged 35% to 4.2 billion kronor but sales rose 1%. Novartis net tumbled 26% to $1.5 billion and increase dividend for 2014. Philips net plummeted 68% to
- Hiruki Nakamura
- 27 Jan, 2015
- New York City
Stocks in Tokyo rebounded and the yen eased following market advance in Europe after European finance ministers showed willingness to negotiate with the newly elected Greek leader. Dai-ichi Life won the U.S. regulatory approval for the purchase of Protective Life.
- Marcus Jacob
- 27 Jan, 2015
- New York City
Australian market indexes traded higher in heavy volume and Aussie dollar continued its slide after iron ore prices fell to a new five-year low. Iron ore prices extended 55% losses in thirteen months on the rising production in Australia and softening demand in China.