- Marcus Jacob
- 18 Nov, 2015
- New York City
ASX 200 Index closed little changed after lower commodity prices weighed on resource stocks, while coal-fired electricity faces reduced government funding due to climate change concerns. Orica reported yearly net loss of $1.4 billion.
- Sarla Buch
- 18 Nov, 2015
- New York City
The central government plans to sell 10% stake in Coal India and raise about $3.2 billion. Mahindra Lifespace Developers to acquired land parcel in Maharashtra. Aviation regulator fined three largest domestic airlines for price fixing.
- Nichole Harper
- 17 Nov, 2015
- New York City
U.S. market indexes advanced after inflation rose and manufacturing output in October expanded after declining for two months in a row. Sentiment on Wall Street was also bolstered after Wal-Mart and Home Depot reported better-than-expected earnings. European markets jumped nearly 2%.
- Mukesh Buch
- 17 Nov, 2015
- New York City
Agilent net surged. Constellation Brands agreed to acquire Ballast Point Brewing for $1 billion. Dicks Sporting sales jumped 8%. Home Depot net and sales soared. TJX profit fell but lifted earnings outlook. Urban Outfitters net surged 10%. Wal-Mart net plunged 11%.
- Lucy Stoeva
- 17 Nov, 2015
- New York City
European markets rallied on the strengthened expectations of additional stimulus steps. Cable & Wireless soared on a merger offer of
- Marcus Jacob
- 17 Nov, 2015
- New York City
Markets in Sydney jumped 2.3% as energy stocks surged after a spike in oil price overnight. Reserve Bank of Australia decided to leave the cash rate unchanged at 2%. AusNet net swung to profit.
- Sarla Buch
- 17 Nov, 2015
- New York City
ICICI Bank plans to sell its 6% stake in ICICI Prudential Life Insurance. HCL Tech secured a contract from Deutsche Bank. Central government committee is likely to recommend oil exploration policy that may lead to revenue sharing arrangement with the exploration companies.
- Hiruki Nakamura
- 17 Nov, 2015
- New York City
Nikkei average in Tokyo jumped higher following a rally in New York in overnight trading. Resource sector stocks jumped after crude oil increased for the second day in a row. JX Holdings is in talks to merge with rival the TonenGeneral Sekiyu.
- Nichole Harper
- 16 Nov, 2015
- New York City
Stocks on Wall Street lacked direction and European markets retained positive bias but indexes in Asia struggled after Japan fell back into recession again. Marriott International agreed to acquire rival Starwood in $12 billion to become the largest hotelier in the world.
- Mukesh Buch
- 16 Nov, 2015
- New York City
Berkshire Hathaway lowered its stake in Goldman Sachs. Marriott Intl agreed to acquire Starwood Hotels & Resorts for $12.2 billion. Energy Transfer Partners agreed to divest its 68.4% stake of Sunoco LLC for $2.2 billion to Sunoco LP. Dillard''s net plunged 17%.
- Marcus Jacob
- 16 Nov, 2015
- New York City
Sydney benchmark index declined the most in nearly two months and fell below 5,000. Mining stocks and gold producers jumped while Rio Tinto fell 2.5%. The seasonally adjusted total vehicle sales in October declined 3.6%.
- Lucy Stoeva
- 16 Nov, 2015
- New York City
European stock markets showed resilience after the terrorist attacks in Paris. Euro zone annual inflation rate increased to 0.1% in October. Accor led the declining tourism sector stocks. Diploma surged 17% on the rising annual income. Keller Group soared on positive outlook.
- Hiruki Nakamura
- 16 Nov, 2015
- New York City
In early trading Nikkei fell sharply over 1.5% after the domestic GDP contracted for the second quarter in a row. The economic growth worries were further compounded by the slowdown in the euro zone. J. Front and Takashimaya said October retail sales jumped.
- Sarla Buch
- 16 Nov, 2015
- New York City
The wholesale prices in October dropped 3.81%, twelfth monthly decline in a row. Apollo Tyres plans to acquire Germany-based automotive products retailer. Coal India quarterly profit rose 16%. GMR Infra loss narrowed. MMTC Net swung to profit.
- Lucy Stoeva
- 13 Nov, 2015
- New York City
Economic data indicates moderate growth in the euro zone; Bouygues profit tumbled 53%. Heidelberger Druckmaschinen net loss narrowed. Syngenta surged after rejected the offer of $42 billion from China National Chemical Corporation.