- Mukesh Buch
- 27 Jan, 2015
- New York City
Bharat Electronics said profit soared 42%. Godrej Properties net rose 26%. Shriram Transport Fin net slid 1% but revenues increased 7%. Maruti Suzuki India net climbed 18% on 15% increase in revenues. UBI net fell 13%. United Spirits net jumped 21%.
- Nichole Harper
- 26 Jan, 2015
- New York City
Rock-Tenn Corp agreed to merge with the rival packaging company MeadWestvaco Corp and create the second-largest paper and packaging company. Stocks on Wall Street traded sideways and in Europe investors took the latest Greek election results in strides.
- Mukesh Buch
- 26 Jan, 2015
- New York City
D.R. Horton net climbed 16%. MeadWestvaco net tumbled 92% and agreed to merge with the rival Rock-Tenn. Norfolk revenues and net fell. Post Holdings climbed on positive outlook. Roper net soared 12%. Rock-Tenn net climbed 14%. Seagate profit surged 118%.
- Nigel Thomas
- 26 Jan, 2015
- New York City
Balfour Beatty selected as preferred bidder for residential project for about
- Nigel Thomas
- 26 Jan, 2015
- New York City
Financial markets across Europe opened lower but by late afternoon managed to recover after investors digested latest Greek election results.
- Hiruki Nakamura
- 26 Jan, 2015
- New York City
Exports in Japan soared 12.9% and surged to a record high in six years trimming annual trade deficit to 12.78 trillion yen, surpassing 11.5 trillion yen in 2013. Imports increased 1.9% in the month. Trade balance turned negative in 2011 and has expanded for four years in a row.
- Nichole Harper
- 23 Jan, 2015
- New York City
Bond yields took another dive and dropped to record low in the euro zone after the latest monetary stimulus in the euro zone. Bond prices rose across the euro zone including Greece, Portugal and Italy and yields fell near record lows in Germany, U.K., U.S. and Canada.
- Mukesh Buch
- 23 Jan, 2015
- New York City
Bank of New York Mellon net soared 21%. GE net surged 61%. Honeywell Intl edged up 0.9% after sales fell 0.9%. Intuitive Surgical net declined 12%. McDonald''''s net tumbled 21% and 7% decline in revenues. Starbucks profit surged 82%.
- Nigel Thomas
- 23 Jan, 2015
- New York City
[R][[4:30 PM Frankfurt
- Nigel Thomas
- 23 Jan, 2015
- New York City
adidas sales in fourth-quarter jumped 2% to
- Hiruki Nakamura
- 23 Jan, 2015
- New York City
Japan market indexes extended weekly surge after the ECB announced historic bond buying program. The yen weakened and insurance and shipping companies led the gainers. Aeon Co reported net income surged 47% in nine-month period.
- Marcus Jacob
- 23 Jan, 2015
- New York City
Australian dollar traded at a new five-year low and energy and mining companies led the advance in Sydney. Australian market indexes extended weekly gains following world markets after European Central Bank announced historic one trillion euro bond purchase plan.
- Mukesh Buch
- 23 Jan, 2015
- New York City
Alstom said net swung to profit. Biocon net fall 14% but revenues rose 8%. Cairn India profit plunged 53%. Colgate jumped 16%. Emami agreed to acquire 67% stake in an Australian company. Muthoot Finance net declined 21%.
- Nigel Thomas
- 22 Jan, 2015
- New York City
European Central Bank followed through its widely advertised and anticipated plan to provide additional stimulus. The latest plan from the central bank will acquire government bonds of as much as 60 billion euros a month till September 2016.
- Nichole Harper
- 22 Jan, 2015
- New York City
Market indexes in New York rose and in Europe gained after the ECB followed through its promise of large and unprecedented bond buying program to lift inflation and break the economic stagnation.