- Mukesh Buch
- 20 Nov, 2015
- New York City
Abercrombie & Fitch net soared but sales dropped 4%. Foot Locker net tumbled 33%. Esterline net swung to profit after revenues surged. Gap profit plunged 29%. Hibbett Sports lifted outlook. HRG net loss widened. Nike announces $12 billion share buyback plan.
- Lucy Stoeva
- 20 Nov, 2015
- New York City
Markets in Europe closed higher on Friday. Oerlikon soared 6% after asset sale. ABN AMRO jumped 3.5% on its first day of trading. Nationwide profit surged 31%. Fuller, Smith & Turner profit and revenues jumped.
- Hiruki Nakamura
- 20 Nov, 2015
- New York City
Nikkei average increased and extended 4-day rally on the strength in the yen. Pharmaceutical, food and chemical sector stocks led the gainers. Bank of Japan said the domestic economy expected to recover moderately.
- Marcus Jacob
- 20 Nov, 2015
- New York City
ASX 200 Index remained flat in lackluster trading amid weak commodity prices and improving results of retail companies. Kathmandu Holdings sales in the first-quarter surged 8.5%. Myer Holdings quarterly same store sales jumped 3.9%.
- Sarla Buch
- 20 Nov, 2015
- New York City
Canara Bank plans to raise ₹2,400 crore via bond offering. Indian Financial Technologies sold its remaining 5% stake in Indian Energy Exchange. RPP Infra won a contract from NHAI. Simplex Castings received an order from Diesel Locomotive Works.
- Nichole Harper
- 19 Nov, 2015
- New York City
Wall Street indexes advanced at a slower pace and jobless claims declined at the end of last week supporting rate hike scenario at the next Fed meeting. Square Inc and Match Group soared on the first day on trading in New York.
- Mukesh Buch
- 19 Nov, 2015
- New York City
Square stock surged 64% in its debut. Best Buy net soared but sales fell. Broadcom net jumped 21% while revenues plunged 9%. Buckle profit tumbled 12%. Cato profit surged and lifted forecast. Smucker net and revenues rose. Stein Mart net loss narrowed while Stage Stores net loss widened.
- Lucy Stoeva
- 19 Nov, 2015
- New York City
European bourses recorded gains on the back of Sodexo stock buyback program and improving jobs market in the U.S. Royal Dutch Shell received Australian regulatory approval to acquire BG Group. Sodexo net soared 32%.
- Hiruki Nakamura
- 19 Nov, 2015
- New York City
Nikkei in Tokyo jumped more than 1% and the Bank of Japan left its monetary stimulus program intact. Exports in October declined 2% and imports tumbled 13%, prompting a caution that the domestic economy may not be strong enough.
- Marcus Jacob
- 19 Nov, 2015
- New York City
ASX 200 Index soared 2.1% on positive company news and a rally in resource sector. Stocks also advanced on the optimism that the U.S. economy is strong enough to withstand a rate increase as early as December.
- Sarla Buch
- 19 Nov, 2015
- New York City
Sensex jumped to a 7-week high following a sharp jump in stocks across Asia on the rising expectations that the U.S. economy is strong enough to withstand first rate hike in ten years. Auto stocks rallied. Punj Lloyd secured two contracts from NTPC.
- Nichole Harper
- 18 Nov, 2015
- New York City
S&P 500 and Nasdaq jumped more than 0.8% and more Fed officials talked about the possible rate increase after the next Fed meeting in December. U.S. housing starts fell to a seven-month low in October.
- Mukesh Buch
- 18 Nov, 2015
- New York City
ConAgra plans to spin off its frozen potato business and restructure. Aramark net jumped 28% but sales declined 10%. Lowe''s profit soared 26%. La-Z-Boy net soared 9%. Staples net plunged 9%. Target lifted earnings forecast and quarterly net surged 56%.
- Lucy Stoeva
- 18 Nov, 2015
- New York City
Stock markets recorded losses after Air Liquide agreed to pay
- Hiruki Nakamura
- 18 Nov, 2015
- New York City
Stock in Tokyo opened nearly 1% higher but the yen weakened as investors focused on the two-day policy meeting of Bank of Japan that began today. Real estate, financial services and automobile parts makers led the gainers in trading.