- Hiruki Nakamura
- 04 Dec, 2015
- New York City
Stocks in Tokyo extended losses and the Nikkei dropped 1.9% in the week. Fujitsu, Toshiba and Vaio are in merger talks and combine personal computer business with the domestic market share of 30%.
- Sarla Buch
- 04 Dec, 2015
- New York City
Stocks in Mumbai traded lower after markets across Asia declined. Investors shifted attention to U.S. rate decision after European Central Bank drove rates deeper in the negative territory. Jaiprakash Associates is looking to raise at least $700 million through a bond offering.
- Nichole Harper
- 03 Dec, 2015
- New York City
U.S. Federal Reserve Chair Janet Yellen offered positive economic assessment and highlighted stable employment and widening economic recovery. Across the Atlantic, the European Central Bank fell short of expected additional stimulus measures. Stocks in New York and the euro zone lacked momentum.
- Mukesh Buch
- 03 Dec, 2015
- New York City
Aeropostale net loss narrowed but American Eagle net soared. Dollar General net and revenues surged 7%. Express net soared 80% on 10% jump in revenues. Medtronic net tumbled 37%.Michaels Co net soared 20%. PVH profit fell. Sears net loss narrowed and revenues plummeted 19%.
- Lucy Stoeva
- 03 Dec, 2015
- New York City
Stock markets declined as ECB extended stimulus, but investor expected more drastic action. Nokia shareholders approved the $17.6 billion acquisition of Alcatel Lucent. Royal Dutch Shell received regulatory clearance for the $70 billion acquisition of BG Group. DS Smith profit plunged 19%.
- Marcus Jacob
- 03 Dec, 2015
- New York City
The benchmark ASX 200 dropped after the merchandise trade deficit in October widened for 19th month in a row. New home sales in October slumped 3% but new motor vehicle sales in November increased 6.9%.
- Sarla Buch
- 03 Dec, 2015
- New York City
Foreign investors lower exposure to stocks in India and Asia and chase the prospect of higher rates in the U.S. Wipro agreed to acquire Germany- based cellent AG for
- Hiruki Nakamura
- 03 Dec, 2015
- New York City
The Nikkei average remained flat ahead of rate decisions in the euro zone and the U.S. Fast Retailing, the operator of Uniqlo apparel said sales in November declined 8.9%. Mitsubishi Heavy Industries forecasts operating profit growth of 150% for its aviation and transport systems business.
- Nichole Harper
- 02 Dec, 2015
- New York City
Global markets lacked momentum and traders in Europe looked ahead to the policy decision of the central bank tomorrow. In the U.S., investors looked ahead to review speech from Fed Chair today and testimony tomorrow.
- Mukesh Buch
- 02 Dec, 2015
- New York City
Ascena net swung to a loss but sales soared 40%. Brown-Forman net fell 3%. Bob Evans revenues slid. G-III net advanced 8% and lowered earnings forecast. Isle of Capri Casinos net swung to profit. REX American net tumbled 68%. Village Super Market net surged 14%.
- Lucy Stoeva
- 02 Dec, 2015
- New York City
Inflation remained low in November and the data fueled expectations for central bank action. Greene King net jumped 9% and revenues soared 49%. Sage Group net increased 3%. Vodafone and Swisscom agreed to extend their strategic partnership agreement up to fiscal 2019.
- Marcus Jacob
- 02 Dec, 2015
- New York City
The benchmark ASX 200 dropped despite an increase of 0.9% in the third-quarter GDP. Collins Foods stock surged after KFC revenues and profit soared. Spotless Group tumbled 40% after the janitorial services provider issued 2016 profit warning.
- Sarla Buch
- 02 Dec, 2015
- New York City
India
- Hiruki Nakamura
- 02 Dec, 2015
- New York City
The Bank of Japan is on track to meet its 2% inflation target and the monetary base in November surged 32.5%. Euglena jumped as ANA plans to use mix algae-based biofuel. JX Holdings and TonenGeneral are in merger talks.
- Nichole Harper
- 01 Dec, 2015
- New York City
Stocks on Wall Street advanced in halting fashion on the first day of trading in December after auto sales rose and construction activities expanded. European markets gained and unemployment in the euro zone edged down but remained elevated. India and Australia left rates unrevised.