- Mukesh Buch
- 08 Jan, 2015
- New York City
Apollo Education net plummeted 66% on 15% decline in revenues. Constellation Brands profit jumped 5%. Family Dollar net tumbled 47%. Global Payments net edged up 1% but revenues soared 10%.
- Marcus Jacob
- 08 Jan, 2015
- New York City
Australian stocks and dollar traded higher after a surprise increase in buildings approvals. Seasonally adjusted November building approvals surprisingly increased 7.5% after upwardly revised 11.5% in October.
- Hiruki Nakamura
- 08 Jan, 2015
- New York City
Stocks in Tokyo followed market advances in Europe and New York. Fast Retailing Co reported 64% jump in earnings on 23% increase in sales led by higher casual-wear sales and weaker yen. Honda Motor Co agreed to pay $70 million to the U.S. transportation regulator.
- Mukesh Buch
- 08 Jan, 2015
- New York City
HDFC Bank plans to raise Rs 10,000 crore or $1.6 billion. Wipro won a $400 million contract from the Swiss-based ABB. Kotak Mahindra closed at a record high after shareholders approved the purchase of ING Vysya Bank.
- Mukesh Buch
- 07 Jan, 2015
- New York City
Greenbrier net soared and agreed to acquire 19.5% stake in Amsted-Maxion Hortolandia. Monsanto profit tumbled 34% on 7% decline in revenues. MSC Industries net fell 3%. Supervalu profit surged 155%. Schulman net plunged 13%. UniFirst net jumped 9%.
- Hiruki Nakamura
- 07 Jan, 2015
- New York City
Stocks in Japan rebounded after dropping the most in fifteen months and then yen held near 119 to a dollar. Foreign investors are increasingly looking to sell Japanese stocks and Prime Minister Shinzo Abe struggles with structural reforms.
- Nigel Thomas
- 07 Jan, 2015
- New York City
Boohoo.com tumbled 40% on weak outlook. EnBW Energie agreed to sell 49.9% stake worth
- Marcus Jacob
- 07 Jan, 2015
- New York City
Australian market indexes opened higher but at close fell in choppy session with moderate volume. Real estate companies were in favor and investors sold energy related stocks after crude oil extended losses and fell to a new five-year low.
- Mukesh Buch
- 07 Jan, 2015
- New York City
Maruti Suzuki total production climbed 18.2% and total sales soared 20.8%. Praj Ind secured an order to build an ethanol plant in Uganda, Africa.
- Nichole Harper
- 06 Jan, 2015
- New York City
U.S. market indexes declined more than 1% and S&P 500 index fell for the fifth day in a row. Crude oil declined 4% and gold added 1.2%. European markets remained volatile as political leaders in the region debate the fallout of Greek exit from the euro.
- Mukesh Buch
- 06 Jan, 2015
- New York City
Verizon Communications approached AOL for takeover or a partnership deal. Coach agreed to acquire Stuart Weitzman for $574 million. Hhgregg plunged after weak forecast. Lindsay net tumbled 26% on 8% decrease in revenues.
- Nigel Thomas
- 06 Jan, 2015
- New York City
Abengoa and EIG Global Energy Partners sign an agreement to invest $9.5 billion in renewable energy projects. Churchill China climbed 7% after positive outlook. TomTom agreed to deliver maps to Volkswagen.
- Hiruki Nakamura
- 06 Jan, 2015
- New York City
Japanese stocks plunged after Greece related worries dragged markets in Europe and deepening bear market in oil also added to market anxieties in New York trading. Auto makers reported better-than-expected U.S. sales in December.
- Marcus Jacob
- 06 Jan, 2015
- New York City
Australian market indexes declined 1.6% following the market decline in Europe and New York. Australian automotive sales declined 2% in 2014 and but luxury car sales rose.