- Nichole Harper
- 15 May, 2015
- New York City
Market indexes on Wall Street extended losses for the fourth day in a row after weak consumer sentiment and industrial production data. SEC said it is looking to hoax bid for Avon Products. Carl Icahn, activist investor has invested $100 million in cab hailing service Lyft Inc.
- Mukesh Buch
- 15 May, 2015
- New York City
Arista Networks net soared 99% on 53% jump in revenues. Applied Materials net climbed 39%. Dillard''s net dropped 2%. Eagle Materials net more than doubled. Nordstrom profit plunged 9%. Symantec net tumbled 19%.
- Nigel Thomas
- 15 May, 2015
- New York City
British Land net surged 54% to
- Hiruki Nakamura
- 15 May, 2015
- New York City
Nikkei average rebounded in Tokyo. Dentsu Inc and Marui Group joined other Japanese corporation in announcing share buyback plans and increasing dividend payout. Sharp Corp plunged after the company announced a restructuring plan that many felt did not go far enough.
- Marcus Jacob
- 15 May, 2015
- New York City
Australian market indexes increased 0.7% and extended weekly advance to 1.8%. Aussie dollar traded above 80 U.S. cents and prices of crude oil and gold closed higher in volatile trading.
- Mukesh Buch
- 15 May, 2015
- New York City
Dena Bank and Bank of Maharashtra reported rising loan losses and weak earnings as corporations struggle to lift earnings. Cadila net in the quarter soared 47%. GSFC net and revenues declined. Infosys net falls 5%. JK Tyre surged 136%. Jubilant Food climbed 26% on 25% increase in revenues.
- Nichole Harper
- 14 May, 2015
- New York City
Market indexes on Wall Street advanced and broader indexes traded near record highs and yield on 10-year U.S. treasury bond edged down to 2.25%. Wholesale prices fell in April and weekly jobless claims hovered near 15-year lows.
- Mukesh Buch
- 14 May, 2015
- New York City
Cisco net soared 12% on 5% increase in revenues. Children
- Nigel Thomas
- 14 May, 2015
- New York City
3i Group net climbed 35% to
- Hiruki Nakamura
- 14 May, 2015
- New York City
Rising bond market yields hovered stock market sentiment in Tokyo and 10-year Japanese government bond yield jumped to a two-month high of 0.47%. Railroad company stocks declined. Konica Minolta announced stock buyback and dividend hike. Toshiba plans to write down earnings in last three years.
- Marcus Jacob
- 14 May, 2015
- New York City
Australian market indexes traded lower and the Aussie dollar strengthened. Graincorp reported a decline in interim profit but held out for its annual outlook. ResMed plunged 18% after clinical results of heart failure and central apnoea failed to deliver results.
- Mukesh Buch
- 14 May, 2015
- New York City
Castrol India said net in the quarter soared 46%. Emami net climbed 25%. Oriental Bank net swung to profit. Pantaloons Fashion net loss narrowed. Umang Dairies net remained unchanged but revenues dropped.
- Nichole Harper
- 13 May, 2015
- New York City
Market indexes on Wall Street trimmed morning gains and retail sales in April were flat. Danaher Corp agreed to acquire Pall Corp for $13.8 billion in cash. Senate Democrats blocked President Obama
- Mukesh Buch
- 13 May, 2015
- New York City
Macy''s net declined 14%. McKesson profit tumbled 64%. Precision Castparts net plummeted 72%. Ralph Lauren net plunged 19%. TubeMogul net loss narrowed. Zillow net swung to profit.
- Hiruki Nakamura
- 13 May, 2015
- New York City
Market indexes in Japan lacked direction and current account in March widened to the largest since 2008. Separately, finance ministry said seasonally unadjusted exports increased 6.2% and imports declined 0.6%. Softbank annual net soared 29%.