- Nigel Thomas
- 07 Apr, 2015
- New York City
Ryanair said passenger traffic in March soared 28% to 6.67 million. Rio Tinto completed its buy-back of about 11.6 million shares worth $560 million. FedEx offered
- Hiruki Nakamura
- 07 Apr, 2015
- New York City
Nikkei in Tokyo advanced 1.2% and Japanese companies are expected to offer summer bonus of 2.1%. Energy sector stocks gained after crude oil futures rose 5% after Saudi Arabia lifted prices for Asian delivery. AIT Corp, the parcel and delivery company said annual net income increased 13.5%.
- Marcus Jacob
- 07 Apr, 2015
- New York City
Reserve Bank of Australia left benchmark rate at historic low of 2.25% and held out for an increase at the next meeting in May. Australian dollar spiked up. Leighton with its partner won a $608 million contract to build reservoirs in Qatar. Rio Tinto completed its $500 million share buyback program.
- Mukesh Buch
- 07 Apr, 2015
- New York City
RBI left key lending rate unchanged and lifted its growth outlook in the current fiscal year. GMR Infra received ₹5,080 crore order from Indian Railways. MMTC secured coal import order from Coal India and Andhra Pradesh Power. National Highway Authority awards an order to Supreme Infra.
- Nichole Harper
- 06 Apr, 2015
- New York City
U.S. stocks rebounded after Fed official suggested future rate increase are likely to be gradual. Crude oil jumped 5% after Saudi Arabia increased oil price for Asian customers. Russian ruble rebounded and Real in Brail rallied for the fifth day. European markets were closed today.
- Mukesh Buch
- 06 Apr, 2015
- New York City
Bristol-Myers plans to invest in The Netherlands-based biotech uniQure. Shanda Games agreed to go private for $1.9 billion. Ventas agreed to acquire privately-owned hospital operator Ardent Medical Services for $1.75 billion and spin off most of its skilled nursing facilities.
- Hiruki Nakamura
- 06 Apr, 2015
- New York City
Nikkei 225 Average in Tokyo eased following weaker than expected U.S. jobs report. Toshiba Corp dropped after the company appointed a committee to investigate earnings irregularity in the fiscal year ending in March 2014.
- Mukesh Buch
- 06 Apr, 2015
- New York City
BHEL said orders on the book soared 10% to ₹30,814 crore from a year ago quarter and estimated 62% decline in profit. KEC International won new orders for about ₹1,565 crore. L&T secured orders worth ₹5,492 crore in March. NTPC plans to invest ₹5,000 crore in power plants.
- Mukesh Buch
- 03 Apr, 2015
- New York City
Net new job creation in March fell sharply to 126,000, ending the year-long stretch of job addition of more than 200,000. The March month job addition was the smallest in fifteen months and the jobless rate in the month held at 5.5%. January and February job increased were revised lower.
- Hiruki Nakamura
- 03 Apr, 2015
- New York City
Stocks in Tokyo closed higher in thin trading and investors awaited jobs data in the U.S. Toyota said it plans to build additional manufacturing plants in China and in Mexico. Toyota estimated operating profit in the latest fiscal year of 2.7 trillion yen.
- Nichole Harper
- 02 Apr, 2015
- New York City
Market indexes in New York and in Europe rebounded on the last day of 4-day week. Crude oil price edged lower as Iran, EU and the U.S. are nearing an accord on nuclear talks. U.S. trade deficit in February narrowed to $35.4 billion and weekly jobless claims declined 20,000.
- Mukesh Buch
- 02 Apr, 2015
- New York City
AutoNation March retail sales jumped 5% and quarterly sales soared 10%. CarMax profit surged 44% on 14% increase in revenues. Micron Technology net soared 28%. Rite Aid same store sales in March jumped 4.3%. Sears to raise $2.5 billion and sell stores in a REIT spinoff.
- Nigel Thomas
- 02 Apr, 2015
- New York City
Bollore increased its stake in Vivendi SA to 12.01% to fend off a hostile takeover. Marks and Spencer sales in fourth-quarter jumped 2%. Playtech agreed to acquire 91.1% stake in TradeFX for
- Hiruki Nakamura
- 02 Apr, 2015
- New York City
Stocks in Japan rebounded and export sensitive sectors led the gainers. Seven & I Holdings said fiscal year revenues increased 7.9% but net income declined 1.5%. Sony cut in half its stake to 5% in Olympus Corp.
- Marcus Jacob
- 02 Apr, 2015
- New York City
Australian market indexes gained on the final day of holiday-shortened week and iron ore prices extended losses to the sixth day in a row. The ongoing correction in the iron ore prices also contributed to the widening of trade deficit in February.