- Nichole Harper
- 05 Dec, 2014
- New York City
Market indexes on Wall Street trimmed gains and investors took an optimistic view of the latest monthly jobs data. Employers at all levels added 321,000 jobs and jobless, the most since June 2012 and jobless rate held at 5.8%. U.S. trade deficit also narrowed. S&P lowered its view on Italian debt.
- Hiruki Nakamura
- 05 Dec, 2014
- New York City
Japanese stocks and market indexes extended gains for the sixth day in a row and the Topix extended seven-year high. The yen dropped below 120 mark and economists and brokers held out for 125 against the U.S. dollar target.
- Marcus Jacob
- 05 Dec, 2014
- New York City
Australian market indexes halted a three-day rally and the Aussie dollar weakened following persistent weakness in resource prices. In active trading, market indexes trimmed weekly gains. Bradken Limited soared on a takeover proposal. Mount Gibson Iron Ltd plunged 50% on a iron mine closure.
- Mukesh Buch
- 05 Dec, 2014
- New York City
Big Lots tumbled after quarterly net loss narrowed. Cooper net plummeted 46% but revenues soared 14%. Genesco profit rose 3%. Five Below plunged despite net surged 94% and sales climbed 24%. Finisar net swung to a loss. Ulta Salon net soared 30% on 20% increase in revenues.
- Mukesh Buch
- 05 Dec, 2014
- New York City
Axis Bank raised Rs 5,705 crore to sold infrastructure bond. Dena Bank plans to sell bad loans of Rs 500 crore to asset reconstruction companies. Zuari group agreed to acquire 25.9% stake in the MCFL.
- Nigel Thomas
- 05 Dec, 2014
- New York City
Balfour Beatty rejected a
- Nichole Harper
- 04 Dec, 2014
- New York City
Stocks on Wall turned lower and energy stocks led the decline after the crude oil dropped 1% and extended the loss in the year to 40%. European Central Bank is wait for another quarter of data before announcing additional stimulus measures. ECB President also lowered growth and inflation estimates.
- Hiruki Nakamura
- 04 Dec, 2014
- New York City
Stocks in Tokyo closed higher and automakers led the charge. The yen closed at its weakest since 2007 and the Japanese currency has declined 12% in the year so far against the U.S. dollar. Softbank invests in taxi booking service provider in Southeast Asia.
- Mukesh Buch
- 04 Dec, 2014
- New York City
Avago Technologies net declined 22% but revenues climbed 115%. Aeropostale net loss widened. Barnes & Noble profit slumped 7%. Dollar General net fell. Kroger profit surged 21%. NextEra agreed to acquire Hawaiian Electric for $4.3 billion. PVH net soared 15%. Sears Holdings net loss widened.
- Mukesh Buch
- 04 Dec, 2014
- New York City
Central Bank plans to raise about Rs 626 crore. Strides Arcolab plans to construct biopharmaceutical manufacturing facility in Malaysia. Government of India is looking to recover $160 million on KG-D6 block from contractors.
- Marcus Jacob
- 04 Dec, 2014
- New York City
Australian trade deficit narrowed in October to $1.32 billion from the revised $2.24 billion deficit in September. Retail sales in the month increased 0.4% from the revised 1.3% increase in September. Australian dollar edged lower.
- Nigel Thomas
- 04 Dec, 2014
- New York City
DS Smith profit soared 36% to
- Nichole Harper
- 03 Dec, 2014
- New York City
Market indexes in New York traded higher and crude oil bounced around $67 a barrel. Walgreen fiscal first-quarter sales increased 6.8%. Abercrombie & Fitch comparable sales in third-quarter plunged 14%.
- Hiruki Nakamura
- 03 Dec, 2014
- New York City
Stocks in Tokyo advanced for the fourth day in a row and the Topix index closed at a high not seen since 2008. Toyota and Honda gained after the U.S. sales in November were ahead of expectations. Nissan sales lagged.
- Mukesh Buch
- 03 Dec, 2014
- New York City
Abercrombie & Fitch net swung to profit but sales declined. Alico agreed to acquire Florida-based three citrus producers for about $363 million. G-III Apparel net climbed 35%. Leidos net swung to profit. OmniVision net jumped 7%. Walgreen November sales climbed 5%.