- Marcus Jacob
- 06 May, 2015
- New York City
Australian market indexes plunged more than 2% on weak corporate results and retail sales were rose less than expected in March. Commonwealth Bank dropped on flat third-quarter cash profit. News Corp posted weak quarterly sales. Australian Securities Exchange revenues for nine months rose 4%.
- Mukesh Buch
- 06 May, 2015
- New York City
Sensex in Mumbai plunged 2.6% after sell orders kicked off by program trading overwhelmed market activities. France-based AXA won an approval to increase its stake to 49% in insurance venture with Bharti.
- Nichole Harper
- 05 May, 2015
- New York City
Stocks on Wall Street traded lower and tech-heavy Nasdaq index declined 1.3%. Oil price jumped above $60 a barrel in New York. Two independent surveys showed service sector expanded in April. Indexes in Shanghai plunged 4%, in Europe fell as much as 2% and declined in India.
- Mukesh Buch
- 05 May, 2015
- New York City
Anadarko Petroleum net loss widened on 60% decline in revenues. Archer Daniels net climbed 85% but revenues plunged. DirecTV net surged 30%. Estee Lauder net soared 28%. Hyatt Hotels net plummeted 28%. Kellogg profit fell. Walt Disney net climbed 10%.
- Nigel Thomas
- 05 May, 2015
- New York City
adidas profit climbed 8%. Lufthansa net swung to profit to
- Mukesh Buch
- 05 May, 2015
- New York City
Stocks in Mumbai traded down and investors focused on corporate earnings. Ashok Leyland sales in April soared 43%. Kotak Mahindra quarterly net climbed 29%. Mangalam Cement net plunged 65%. DLF Limited plans to raise ₹3,600 crore of $450 million through a debt and stock offering.
- Marcus Jacob
- 05 May, 2015
- New York City
Market indexes in Sydney gyrated before and after the rate decision announcement from the Reserve Bank of Australia. RBA lowered its reference rate to historic low of 2% and the central bank highlighted weak economic conditions.
- Nichole Harper
- 04 May, 2015
- New York City
Stocks on Wall Street advanced and crude oil traded higher on the supply glut worries. Markets in Europe jumped more than 1% after a private survey showed factory activities in Germany expanded for the fifth month in a row. Cisco Systems said chief executive John Chambers would step down.
- Mukesh Buch
- 04 May, 2015
- New York City
Berkshire Hathaway net soared 10%. Comcast net climbed 8%. Cognizant profit jumped 10% on 20% increase in revenues. CNA Financial net surged but revenues fell 6%. Loews net climbed 85%. Sysco net dropped 2%. Tyson Foods net surged 45%.
- Nigel Thomas
- 04 May, 2015
- New York City
European markets surged after a private survey showed German factory activities expanded but at a slower pace in April. Audi profit climbed 7% to
- Mukesh Buch
- 04 May, 2015
- New York City
Sensex in Mumbai soared 1.8% on strong auto sales in April. Bajaj Auto April auto sales rose 1%, Maruti Suzuki sales climbed 30% and TVS Motor sales jumped 14%. Tata Motors sales advanced 7%. Adani Ports quarterly net surged 25%.
- Marcus Jacob
- 04 May, 2015
- New York City
Australian market indexes struggled to trade higher ahead of interest rate decision from the Reserve Bank tomorrow. Westpac Banking reported flat profit on charges in the derivative business. Stockland Corp forecasted annual profit to increase between 7% and 7.5%.
- Nichole Harper
- 01 May, 2015
- New York City
Stocks on Wall Street bounced from the decline of last two days as consumer confidence jumped to the second-highest level in eight years but manufacturing and construction industries struggled. GM said auto sales in April jumped and Ford sales gained 5.4%.
- Nigel Thomas
- 01 May, 2015
- New York City
Continental first-quarter revenues surged 14% to
- Mukesh Buch
- 01 May, 2015
- New York City
AIG quarterly net surged 56%. Chevron net tumbled 43% on 35% decline in revenues. Duke Energy net swung to profit. Ford April sales jumped 5.4% and GM sales climbed 6%. LinkedIn and Twitter net loss widened. US Cellular profit surged more than seven-fold.