- Mukesh Buch
- 08 Dec, 2015
- New York City
AutoZone net soared 8%. Barnes & Noble Education net plunged 18%. Conn''''s net loss narrowed. Children''''s Place jumped 4%. Casey''''s General profit soared 58%. HD Supply net surged. Toll Brothers net advanced 7%. United Natural Foods net plummeted 9%.
- Nigel Thomas
- 08 Dec, 2015
- New York City
European market indexes dropped more than 1% led by a second-day decline in energy and resource complex stocks. Anglo American suspended its dividend for the second-half of the year. Enquest approved a $125 million project in the North Sea. Schaffner profit tumbled 50%.
- Marcus Jacob
- 08 Dec, 2015
- New York City
Australian markets struggled after a steep slide in oil and iron ore prices. Rio Tinto cut its forecasted capex for a third time this year. Woodside Petroleum terminated its $11.6 billion takeover proposal for rival Oil Search.
- Sarla Buch
- 08 Dec, 2015
- New York City
Sensex in Mumbai declined to a three-month low following Asia-wide correction after crude oil prices fell to a seven-year low. Tata Motors controlled Jaguar Land Rover retail sales in November surged 27%. Religare sold its stake in life insurance joint venture to Bennett, Coleman.
- Hiruki Nakamura
- 08 Dec, 2015
- New York City
Stocks in Tokyo declined as low commodity prices dragged down energy and mining shares and crude oil prices declined to a 7-year low. The gross domestic product was revised to 1% expansion in the third quarter and the current account surplus in October widened.
- Mukesh Buch
- 07 Dec, 2015
- New York City
Keurig Green Mountain surged 74% after the coffee company agreed to go private. Chipotle Mexican dropped 9% on weak sales outlook. Devon Energy plans to acquire two assets worth about $2.5 billion. Mattress Firm net surged 53%. Vail Resorts net loss narrowed.
- Nichole Harper
- 07 Dec, 2015
- New York City
Market indexes on Wall Street struggled after oil took another dive and dropped to a low not seen in seven years. Oil prices have dropped nearly 60% in the last eighteen months and the bearish sentiment is rising. Keurig Green Mountain agreed to go private.
- Lucy Stoeva
- 07 Dec, 2015
- New York City
Markets across Europe rebounded after the U.S. reported better-than-expected November job gains. Low oil prices kept London gains in check. Electrolux plunged after GE terminated the sale of its appliance business. Ferrovial turned hostile and lifted its offer for Australia-based Broadspectrum.
- Marcus Jacob
- 07 Dec, 2015
- New York City
ASX 200 recorded marginal gains after the decline of oil prices dragged down energy stocks. Broadspectrum surged 48% after the Spain-based infrastructure group Ferrovial launched a hostile takeover bid worth $715 million. Graphitecorp tumbled 13% on its trading debut.
- Sarla Buch
- 07 Dec, 2015
- New York City
Sensex extends losses to fourth day in a row. GMR Airports is in talks to sell 30% stake airport business to Canada-based Fairfax Financial and the U.S. based private equity firm. Tata Steel is close to divesting its U.K.-based steel plant.
- Hiruki Nakamura
- 07 Dec, 2015
- New York City
Nikkei rebounded 1% following the stronger-than-expected U.S. payrolls increase in November. Markets across Asia gained and the yen weakened to 123 mark against the U.S. dollar. Energy complex stocks declined after OPEC decided to hold its production quota despite the rising glut in the market.
- Nichole Harper
- 04 Dec, 2015
- New York City
November month payroll gains increased 211,000 and jobless rate declined to a seven-year low of 5%. Payrolls for October and September were revised higher by 35,000. European markets were on the defensive. Crude oil eased to one-year low after OPEC held its production quota despite the rising glut.
- Lucy Stoeva
- 04 Dec, 2015
- New York City
European markets extended losses dragged down by energy stocks. OPEC raised production ceiling to 31.5 million barrels of oil a day. French insurer AXA and the U.K. homebuilder Berkeley increased their dividends. Volkswagen U.K. sales plunged 20%.
- Mukesh Buch
- 04 Dec, 2015
- New York City
Big Lots net loss narrowed. Barnes & Noble net swung to a loss. Cooper net soared 31%. Genesco net soared 13%. Kroger profit surged 18%. OmniVision net tumbled 50% on 13% decline in revenues. Ulta Salon lifted earnings outlook after profit jumped 20%.
- Marcus Jacob
- 04 Dec, 2015
- New York City
ASX 200 index declined following the weak market conditions in New York and in Europe in overnight trading. Australian dollar eased and in active trading resource stocks and banks led the decliners. Virgin wins a regulatory approval to exend its alliance with Etihad for five more years.