- Nigel Thomas
- 15 Jan, 2015
- New York City
Associated British Foods sales rose 3% and sales at Primark surged 15%. Lavendon said yearly sales climbed 6%. Tullow Oil estimated annual revenues of $2.2 billion. Richemont sales in the third-quarter jumped 4% to
- Mukesh Buch
- 16 Jan, 2015
- New York City
Sensex in India extended rally to the second day after RBI lowered rate for the first time in nine months. Axis Bank profit surged 18% on 17% increase in revenues. Bajaj Holdings net fell 4%. Dewan Housing Fin net rose 15%. INOX net soared 83%.
- Manish Shah
- 15 Jan, 2015
- New York City
Swiss National Bank in a move that was designed to surprise markets abandoned its three-year old peg to the euro. The expensive franc peg to euro was about to become even more costly as the European Central Bank prepares its bond buying program and weaken currency more.
- Hiruki Nakamura
- 15 Jan, 2015
- New York City
Market indexes in Tokyo soared more than 1.4% after the yen fell from its strongest level in the year. Tire and rubber makers soared on the expectations of earnings boost from the sharp fall in oil price below $50 a barrel. Producer price index decline accelerated in December.
- Marcus Jacob
- 15 Jan, 2015
- New York City
Australian market indexes after a weak opening managed to trim losses after December jobless rate fell to 6.1%. Weak copper, iron ore and crude price continue to pressure resource sector jobs and investment plans.
- Mukesh Buch
- 15 Jan, 2015
- New York City
Bajaj Auto profit fell 5%. Bajaj Finserv net climbed 24%. BHEL secured a contract worth Rs 1,202 crore from Karnataka. Federal Bank net jumped 15%. NIIT profit declined 9%. Network 18 Media net swung to profit.
- Nichole Harper
- 14 Jan, 2015
- New York City
Three widely followed market indexes in Wall Street declined more than 1% after December retail sales declined more than expected 0.9%. Retail sales in November and October were trimmed as well. Copper price fell 4.5% to a five-year low. JPMorgan net declined.
- Mukesh Buch
- 14 Jan, 2015
- New York City
CSX net soared 15%. JPMorgan net declined 12%. Mohawk Ind agreed to acquire Belgium-based IVC Group for about $1.2 billion. Progress Software net dropped 4%. Wells Fargo net edged up 2%. Worthington agreed to acquire the business of Rome Strip Steel.
- Hiruki Nakamura
- 14 Jan, 2015
- New York City
Nikkei index extended two-day losses over 2.5% and the yen gained to a four-week. Crude oil, iron ore and copper prices continued the decline in international markets. Aderans Co said nine-month sales soared 15.9%.
- Marcus Jacob
- 14 Jan, 2015
- New York City
Australian market indexes closed down after iron ore price declined below $69 a ton and crude oil price fell to a six-year low in international markets. Chandler Macleod Group received a takeover proposal from Japan-based Recruit Holdings at 82% premium.
- Nigel Thomas
- 14 Jan, 2015
- New York City
Burberry revenues in the third-quarter soared 14% to
- Mukesh Buch
- 14 Jan, 2015
- New York City
Bajaj Finance profit climbed 33%. Kajaria Ceramics net surged 55%. LIC Housing Finance net rose 5%. Reserve bank allowed Tata Sons to acquire Japan-based NTT DoCoMo Inc''s stake worth $1.1 billion in Tata Teleservices.
- Lyubov Smirnova
- 13 Jan, 2015
- New York City
Ruble in Moscow trading dropped to a new low and fell to 65.73 against the dollar and 77.50 against the euro. The fall in Russia
- Nichole Harper
- 13 Jan, 2015
- New York City
Stocks on Wall Street rebounded and dollar strengthened on the continuing slide in oil prices and earnings announcements pick up. Russian ruble dropped to a new low after crude oil futures declined to a near six-year low.
- Mukesh Buch
- 13 Jan, 2015
- New York City
Alcoa net swung to profit $159 million on 14% increase in revenues. IHS net soared 47%. KB Home profit surged on income tax benefit of $824.2 million. Limoneira net swung to a loss. Synnex net climbed 38% on 25% increase in revenues.