- Hiruki Nakamura
- 06 Oct, 2014
- New York City
Stocks in Tokyo advanced for the second day in a row and the yen traded near a new low against the dollar in the year. Life was disrupted in several regions of Japan after the typhoon Phanfone made a landfall. Osaka Organic quarterly net rose 10%.
- Nigel Thomas
- 06 Oct, 2014
- New York City
BG Group received $350 million payment from Egyptian government. Euro Disney agreed to
- Marcus Jacob
- 06 Oct, 2014
- New York City
Australian stocks extended five-week long losses and the Aussie dollar dropped to a four-year low. BHP Billiton said it plans to cut iron ore mining costs at Western Australia division by 25% and increase capacity by 65 million tons a year.
- Mukesh Buch
- 03 Oct, 2014
- New York City
Constellium agreed to acquire rival Wise Metals for $1.4 billion. Iamgold agreed to sell its Niobec mine to Magris Resources for $500 million. Linn Energy agreed to sell its Oklahoma and Texas-based assets for $2.3 billion. Zimmer agreed to buy ETEX Holdings.
- Nigel Thomas
- 03 Oct, 2014
- New York City
EasyJet surged after improved fiscal outlook. UniCredit agreed to sell its 16.4% stake in CA Immobilien for
- Nichole Harper
- 03 Oct, 2014
- New York City
U.S. jobs rebounded in September and unemployment rate dipped to 5.9%. On Wall Street, indexes advanced and the dollar gained against the Japanese yen and the euro. Gasoline prices at U.S. pump stations are down 10% from the high in the year.
- Hiruki Nakamura
- 03 Oct, 2014
- New York City
Market indexes in Tokyo extended weekly losses as the Diet in meet for a special session and budget committee convene today. Nikkei average declined every day of the week and the yen remained under pressure as the government struggles to revive economic growth. Fast Retailing surges nearly 3%.
- Marcus Jacob
- 03 Oct, 2014
- New York City
Australian stocks closed higher but weak commodities hovered market sentiment. Four largest banks rebounded nearly 2% in the week but declined 10% in the last three weeks. For the week, ASX 200 index closed flat.
- Nichole Harper
- 02 Oct, 2014
- New York City
The European Central Bank announced steps to purchase covered bonds and asset-backed securities in the final quarter of the year. Market indexes across Europe and U.S. declined after the latest stimulus measures from the ECB were deemed less than adequate.
- Mukesh Buch
- 02 Oct, 2014
- New York City
American Realty agreed to sell Cole Capital to RCS Capital for $700 million. Actuant net plunged 39% but revenue climbed 8%. Constellation Brands profit tumbled 87%. Global Payments net jumped 17% on 12% increase of revenue. McCormick profit surged 18%.
- Hiruki Nakamura
- 02 Oct, 2014
- New York City
Market indexes in Tokyo plunged after the yen gained and investors turned cautious on stretched valuation. Honda, Nissan and Mitsubishi issued domestic auto recalls. Japan Airlines plunged after the first reported case of Ebola virus in the U.S.
- Nigel Thomas
- 02 Oct, 2014
- New York City
Balfour Beatty divests 50% stake in hospitals projects for
- Marcus Jacob
- 02 Oct, 2014
- New York City
Australian stocks declined and the dollar rebounded ahead of government report on new capital requirements at banks. Australian building approvals increased 3% in August on a surge in multi-family units. Expedia won a regulatory approval to acquire Wotif.com Holdings.
- Nichole Harper
- 01 Oct, 2014
- New York City
U.S. stocks traded sharply lower after Hong Kong braced for more protests and Italy forecasted economic contraction in the current year. Fannie Mae and Freddie Mac plunged after a court ruling. GM and Chrysler September sales rise 19% and Ford sales fall 3%.
- Mukesh Buch
- 01 Oct, 2014
- New York City
Acuity Brands profit surged 22% and revenue climbed 15%. AZZ net plunged 16%. American Honda September sales climbed 12% and Chrysler sales soared 19%. Ford sales in September fell 3%. GM vehicles sales soared 19% to 223,437.