- Hiruki Nakamura
- 22 Apr, 2015
- New York City
Market indexes in Tokyo advanced and the popular Nikkei average jumped above 20,000 for the first time in fifteen years. Chugai Pharmaceuticals said fiscal year sales declined 5.6%. Idemitsu Kosan estimated wider annual loss.
- Marcus Jacob
- 22 Apr, 2015
- New York City
Australian market indexes and the Aussie dollar weakened after the latest inflation data showed weakening consumer prices. The annual inflation rate declined the most at the end of March quarter from the previous rate in December in four decades.
- Mukesh Buch
- 22 Apr, 2015
- New York City
Market indexes in Mumbai rebounded and the rupee eased. Yes Bank net income in the quarter jumped 28% and Wipro net in the quarter rose 2% on 4% increase in revenues.
- Nichole Harper
- 21 Apr, 2015
- New York City
On Wall Street market indexes struggled to rise and investors remained cautious on the earnings front. The rise of dollar against the euro and collapse in oil and commodities prices are expected to offer a strong headwinds to earnings. Mylan soared on a takeover approach by Teva.
- Hiruki Nakamura
- 21 Apr, 2015
- New York City
Tokyo market indexes closed higher following a rebound in New York and European markets. Daiichi Sankyo said it plans to exit from its investment in India-based generic pharmaceuticals maker Sun Pharma. Yamada Denki said latest fiscal year declined 1.7%.
- Marcus Jacob
- 21 Apr, 2015
- New York City
Australian indexes traded higher and the Aussie dollar held firm after the RBA minutes of meeting suggested an easing bias. Rio Tinto said global iron ore production in the first-quarter increased by 12% shipment by 9%. Brambles estimate annual underlying profit to increase 13%.
- Mukesh Buch
- 21 Apr, 2015
- New York City
Du Pont net plunged 29%. Harley-Davidson net slid 1%. IBM profit dropped 2% on 12% decline in revenues. Kimberly Clark profit plummeted 13%. Lockheed Martin profit and revenues declined. TD Ameritrade net swung to profit. Under Armour net fell 2%.
- Nigel Thomas
- 21 Apr, 2015
- New York City
ARM Holdings net surged 36% to
- Mukesh Buch
- 21 Apr, 2015
- New York City
Adani Power agreed to acquire Hyderabad-based Lanco Infratech controlled Udupi Power worth ₹6,300 crore. Sun Pharma said Japan-based Daiichi Sankyo plans to sell its entire stake of 8.3% worth $3.6 billion in the company. Hindustan Zinc said net in the quarter rose 6%.
- Nichole Harper
- 20 Apr, 2015
- New York City
Market indexes on Wall Street soared and crude continued to gain after People
- Mukesh Buch
- 20 Apr, 2015
- New York City
Groupon sell 46% stake in South Korea based e-commerce site. Hasbro profit jumped 4%. Halliburton net loss widened. Lennox Intl net plunged 30%. Morgan Stanley net surged 60% on 10% increase in revenues. Prologis agreed to acquire KTR for $5.9 billion.
- Nigel Thomas
- 20 Apr, 2015
- New York City
Germany led the advance in European markets after a week of losses.Telenet, subsidiary of Liberty Global agreed to acquire Base from KPN for
- Hiruki Nakamura
- 20 Apr, 2015
- New York City
Stocks in Tokyo eased. China offered a large and unexpected stimulus as Chinese regulators crack down on speculative lending supporting a surge of more than 80% in benchmark indexes. Itochu annual sales surged 22% and net income soared 49%.
- Marcus Jacob
- 20 Apr, 2015
- New York City
Australian indexes extended weekly losses after China trimmed reserve ratio requirements for banks by 100 basis points, the largest cut since 2008. OZ Minerals said copper production rose 20% and gold production declined 9% in March quarter. Arrium tumbled 12%.
- Mukesh Buch
- 20 Apr, 2015
- New York City
Stocks in Mumbai traded lower and market indexes dropped 1.9% on earnings jitters and strengthening dollar. JSW said steel production in March jumped 11%. LIC Housing Finance net rose 2%. Titagarh Wagons net surged.