- Mukesh Buch
- 03 Jun, 2015
- New York City
Ambarella net climbed more than two-fold. Brown-Forman profit jumped 6% to $140 million. G-III Apparel net soared more than four-fold after sales soared 18%. Guess net swung to profit but revenues declined 8%. NCI Building net loss widened. Vera Bradley net swung to a loss.]
- Marcus Jacob
- 03 Jun, 2015
- New York City
Australian dollar gained after economy expanded at faster-than-expected rate in the first-quarter. Domestic consumption led the economic expansion however business investment remained weak.
- Nigel Thomas
- 03 Jun, 2015
- New York City
ECB reassured its commitment to bond purchase program and said outlook is unchanged from March and admonished markets to get used to higher volatility. Accor plans to invest
- Mukesh Buch
- 03 Jun, 2015
- New York City
Market indexes extended losses in Mumbai and rupee weakened after the Reserve Bank of India turned cautious and on delayed monsoon season. Apollo Hospitals acquired majority stake in Assam Hospitals. L&T received an order from Indian Navy to build a floating dock.
- Nichole Harper
- 02 Jun, 2015
- New York City
Market indexes on Wall Street gyrated and the euro advanced against the dollar and investors awaited outcome of the protracted Greek negotiations. Auto industry sales increased in May was led by Chrysler with 4% increase followed by 3% sales gain at GM.
- Hiruki Nakamura
- 02 Jun, 2015
- New York City
Nikkei in Tokyo halted a 12-day rally and yen traded sideways following mixed closings in New York and in Europe. Japan Tobacco
- Nigel Thomas
- 02 Jun, 2015
- New York City
British American Tobacco
- Mukesh Buch
- 02 Jun, 2015
- New York City
Conn''''s net tumbled 45%. Cracker Barrel profit surged 23%. Dollar General net soared 14%. Delta Air Lines May traffic jumped 3%. Ford May sales slid 1% but Fiat Chrysler sales climbed 4% while GM sales rose 3%. Medtronic net swung to a loss. PVH net surged more than two-fold.
- Mukesh Buch
- 02 Jun, 2015
- New York City
Sensex in Mumbai plunged more than 2% after Reserve Bank of India cited rising inflation risks and suggested that the latest rate cut may not be followed with additional cuts. Hero MotoCorp, Bajaj Auto and M&M sales decline. Tata Motors total sales jumped 5%.
- Nichole Harper
- 01 Jun, 2015
- New York City
Market indexes reversed early decline on Merger Monday. Intel finalized its deal to acquire Altera for $17 billion in an all cash transaction. U.S. consumers in April used savings from cheaper gas prices to pay down debt and not increase spending.
- Mukesh Buch
- 01 Jun, 2015
- New York City
GE initiated bidding process for its US-based commercial lending unit valued at $40 billion. Intel agreed to acquire smaller chip maker Altera Corporation for $16.7 billion. Dollar Tree will sell 330 Family Dollar stores to Sycamore Partners. XPO Logistics to raise $3.3 billion in an offering.
- Nigel Thomas
- 01 Jun, 2015
- New York City
British American Tobacco agreed to acquire TDR for
- Hiruki Nakamura
- 01 Jun, 2015
- New York City
Stocks in Japan closed higher as Nikkei advanced in the longest rally since February 1998. Market indexes in Shanghai soared 4.7% and market indexes have soared 50% in the year so far. Fujifilm and Fanuc announced shareholder friendly moves.
- Marcus Jacob
- 01 Jun, 2015
- New York City
Australian market indexes traded lower and property stocks closed down and investors digested several economic data. Home prices fell for the first time in six months in May and domestic manufacturing activities expanded in the month.
- Mukesh Buch
- 01 Jun, 2015
- New York City
Rate sensitive stocks gained ahead of interest rate decision from the Reserve Bank of India on Tuesday. Maruti said auto sales climbed 14% and Hyundai Motor sales rose 2%. L&T quarterly profit declined 27%. Jet Airways net loss narrowed. Sun Pharma quarterly profit plunged 44%.