- Nigel Thomas
- 28 Apr, 2015
- New York City
European markets dropped more than 1.3% on weaker than expected results. Banco Santander net soared 32%. Daimler profit surged 89% to
- Marcus Jacob
- 28 Apr, 2015
- New York City
Australian market indexes turned lower after weak momentum in resource sector stocks. Lifestyle Communities agreed to acquire a land parcel for $11.5 million and plans to build retirement village in Victoria. Beach Energy first-quarter net declined 33%.
- Hiruki Nakamura
- 28 Apr, 2015
- New York City
Nikkei stock average in Tokyo closed higher amid corporate earnings and Fanuc soared 6% after industrial robot maker said it plans to pay 60% of its consolidate income as dividend. Komatsu declined 6% after the company estimated operating profit to fall 8.7%.
- Mukesh Buch
- 28 Apr, 2015
- New York City
Stocks in India rebounded and the rupee strengthened. Godrej Consumer Products quarterly net rose 13%. Kirloskar Brothers net more than doubled. RCom plans to raise $300 million through an international bond offering. Welspun net and revenues surged.
- Nichole Harper
- 27 Apr, 2015
- New York City
On Merger Monday, iGATE agreed to be acquired by France-based Cap Gemini and Mylan rejected hostile offer from Teva Pharmaceuticals. Apple Inc is scheduled to release earnings after the bell. U.S. 10-year Treasury yield was 1.93% and the euro held at $1.08.
- Mukesh Buch
- 27 Apr, 2015
- New York City
Applied Materials and Japan-based Electron agreed to terminate $10 billion merger agreement. iGATE jumped after CapGemini proposed a $4 billion merger. Laboratory Corp net tumbled 99%. Mylan rejected bid from Teva Pharma and reaffirmed its $33 billion Perrigo bid.
- Nigel Thomas
- 27 Apr, 2015
- New York City
Capgemini revenues soared 11% and agreed to acquire iGATE for $4 billion. Deutsche Bank profit tumbled 50% to
- Hiruki Nakamura
- 27 Apr, 2015
- New York City
Stocks in Tokyo lacked direction ahead of central bankers meeting in Japan and the U.S. and the beginning of Golden Week holiday. Mazda Motors eased on weaker profit outlook and Mitsubishi Motors said operating profit is expected to decline 8% in the current fiscal year.
- Marcus Jacob
- 27 Apr, 2015
- New York City
Australian market indexes advanced and resource and banking sector stocks led the gainers. M2 Group offered a competing and a higher bid of $1.6 billion to acquire the Internet services provider iiNet.
- Mukesh Buch
- 27 Apr, 2015
- New York City
Market indexes in Mumbai turned lower and rupee dropped to a five-month low. Bharti Infratel net in the quarter jumped 18%. ICICI Bank net and revenues climbed. Maruti Suzuki India net soared 61%. Ultratech Cement net declined 24% but revenues rose 5%.
- Manish Shah
- 24 Apr, 2015
- New York City
Nasdaq index extended gains for the second day and reached a new intra-day 15-year high on strong quarterly results from Amazon, Google and Microsoft. Comcast abandoned its proposed $45 billion merger with Time Warner Cable after regulators raised competition issues.
- Manish Shah
- 24 Apr, 2015
- New York City
Amazon net swung to a loss. Biogen profit surged 71%. Comcast terminate its $45.2 billion deal. DTE Energy net tumbled 16%. Google profit jumped 4%. LyondellBasell net surged 24%. Microsoft net plummeted 12%. Starbucks net climbed 16%. Xerox net slumped 20%.
- Nigel Thomas
- 24 Apr, 2015
- New York City
European markets turned volatile and euro zone ministers concluded yet another meeting with Greece with no progress on hand. Air Liquide revenues climbed 7%. AstraZeneca profit soared 9%. HSBC plans to relocate headquarter to Hong Kong. Renault sales soared 14%. Reckitt Benckiser sales rose 1%.
- Hiruki Nakamura
- 24 Apr, 2015
- New York City
Nikkei in Tokyo closed lower on Friday but gained 1.9% in the week when the index closed above for the first time in 15 years. Exedy Corp said fiscal year net declined 23%. Mitsubishi Motors estimated first-half sales to decline 1.5%. Monex Group fiscal year net plunged 67%.
- Marcus Jacob
- 24 Apr, 2015
- New York City
Australian market indexes jumped 1.5% on the rebound in iron ore price and tech stocks. In active trading, stocks and Aussie dollar edged higher. ResMed plunged on weaker than expected quarterly results. Mount Gibson Iron reaffirmed its annual outlook.