- Hiruki Nakamura
- 08 Jun, 2015
- New York City
In quiet trading, Nikkei average in Tokyo edged lower for the second day after the economy expanded at a faster-than-expected pace in the first quarter. NTT Data agreed to acquire consulting group in the U.S. for $212 million. Dentsu said May revenues soared across all advertising channels.
- Mukesh Buch
- 08 Jun, 2015
- New York City
Adani Power and Rpower signed an agreement to invest a combined $5.5 billion in Bangladesh. Kotak Mahindra and ING Bank to explore cross border business opportunities.
- Mukesh Buch
- 05 Jun, 2015
- New York City
Cooper Companies net plunged 23%. Esterline net plummeted 46%. Diamond Foods net swung to profit. Gap May same-store sales slid. Opko Health agreed to acquire Bio-Reference Lab for $1.5 billion. Thor net soared 14%. UTi Worldwide net loss narrowed. VeriFone net swung to profit.
- Nigel Thomas
- 05 Jun, 2015
- New York City
U.K. regulatory agency fined Lloyds Banking
- Hiruki Nakamura
- 05 Jun, 2015
- New York City
Nikkei in Tokyo closed down and the yen traded near 12-year low as investors stayed cautious ahead of U.S. jobs data release on Friday. Tokyo Corporation launched a share buyback program. Kirin and Suntory are investing to increase production in the U.S.
- Marcus Jacob
- 05 Jun, 2015
- New York City
Australian market indexes extended weekly losses and the ASX 200 index plunged 4.8% in the week. Nine Entertainment lowered its outlook for the current year. National Australia Bank completed final phase of its $5.5 billion capital raising.
- Mukesh Buch
- 05 Jun, 2015
- New York City
Infosys acquired the U.S. digital e-commerce services provider for $120 million. Nestle India edged down 2% after FSSAI ordered the company to recall nine Maggi noodle versions in India. Adhikari Brothers jumped 4% on 57% increase in revenues.
- Nichole Harper
- 04 Jun, 2015
- New York City
Market indexes on Wall Street dived on weak productivity report. International Monetary Fund urged the Federal Reserve to delay rate hike and lowered its annual growth outlook to 2.5%. Volatility persisted in global bond markets.
- Mukesh Buch
- 04 Jun, 2015
- New York City
Boeing secured an order for 46 commercial aircrafts from China-based Shenzen Airlines. AIG to reduced stake in AerCap and raise $3.7 billion. Costco May same store sales was flat. Five Below net soared 39%. Smucker net swung to a loss.
- Nigel Thomas
- 04 Jun, 2015
- New York City
Market indexes across the euro zone were on the defensive after a persistent sell-off in bond markets. Nomad is in talk to acquire Iglo Foods for
- Hiruki Nakamura
- 04 Jun, 2015
- New York City
Nikkei average in Tokyo rebounded after two days of losses and traders were cautious. Online retailer Rakuten announced a stock offering of $1.6 billion to repay debt. In addition, Softbank said it plans to invest $1 billion in South Korea based online retailer Coupang.
- Marcus Jacob
- 04 Jun, 2015
- New York City
Australian trade deficit tripled after coal and iron ore shipments lagged on inclement weather conditions in April. In the month, exports declined 6% and imports rose 4%. In addition, retail sales stalled in the month.
- Mukesh Buch
- 04 Jun, 2015
- New York City
Bharti plans to raise up to $1 billion through a global bond offering. The Reserve Bank of India lifted foreign investor limit to 40% in Adani Ports. Eicher Motors said Sweden-based Volvo AB plans to sell its 3.7% stake.
- Nichole Harper
- 03 Jun, 2015
- New York City
Stocks on Wall Street jumped but struggled to hold advances after the U.S. trade deficit in April shrank. ECB reaffirmed its commitment to complete the unprecedented bond purchase program and said economy in the euro zone is healing.
- Hiruki Nakamura
- 03 Jun, 2015
- New York City
Nikkei in Tokyo edged lower for the second day in a row and the yen traded above the 12-year low as investors booked profits. Traders and investors are looking for more corporations to increase profit sharing and higher dividend pay outs.