- Sarla Buch
- 13 Nov, 2015
- New York City
Industrial production increased at a faster pace in September and the consumer price index gathered momentum in October. National Aluminium said quarterly profit plunged 33%. CESC net rose 7%. Indiabulls acquired 40% stake in U.K.-based bank. Shipping Corporation quarterly net soared 767%.
- Lucy Stoeva
- 12 Nov, 2015
- New York City
After a short rebound inspired by the hope ECB action, European markets plunge back in negative territory on disappointing corporate news. Profit warning from Rolls-Royce dragged aerospace stocks down. Siemens AG announces a buyback program.
- Nigel Thomas
- 11 Nov, 2015
- New York City
European markets traded higher on Wednesday as breweries lift the spirits of the markets. Carlsberg announces restructuring and Anheuser-Busch InBev completes the purchase of SABMiller. Germany based Henkel earnings were ahead of expectations and lifted outlook.
- Nichole Harper
- 10 Nov, 2015
- New York City
World markets were under pressure and commodities declined after China reported another month of record trade surplus and imports declined. Copper and oil continued to swoon lower. European markets declined on the growing anxieties in Portugal and the OECD lowered its 2015 global growth estimate.
- Mukesh Buch
- 10 Nov, 2015
- New York City
GE won a contract worth $2.6 billion from the Indian railways. Aecom net tumbled 98%. Astronics profit soared 45%. D.R. Horton net surged 44% on 28% increase in revenues. Rockwell net plunged 19% after revenues declined 10%. Sunedison net loss widened.
- Sarla Buch
- 10 Nov, 2015
- New York City
Pfizer, the Indian unit of the drug maker said quarterly profit surged more than expected. The central government plans to sell 5% stake in Container Corporation of India. Hindalco net surged 31%. Hindustan Petroleum net swung to loss. NHPC net and revenues soared.
- Marcus Jacob
- 10 Nov, 2015
- New York City
Australian market opened lower after banks and mining stocks dropped. The total number of home loans jumped while investment lending in the month plunged. Qube Holdings offered to acquire Asciano for $9.25 billion.
- Hiruki Nakamura
- 10 Nov, 2015
- New York City
Nikkei average in Tokyo edged up after pharmaceuticals and precision instruments stocks increase and current account surplus in September narrowed and bank lending in October jumped. Toray Industries signed a long-term agreement worth about 1.3 trillion yen with the Boeing Co.
- Nigel Thomas
- 10 Nov, 2015
- New York City
European markets continued to decline on Tuesday after commodity prices fell and the political turmoil in Portugal. Alstom and GE secured a $5.6 billion contract from Indian Railways. Netherlands sells 23% of the ABN AMRO bank. Vodafone net swung to a loss of
- Nichole Harper
- 09 Nov, 2015
- New York City
S&P 500 and the Nasdaq indexes declined as much as 1.5% after investors began to digest rate increase possibilities at the end of policy meeting next week. U.S. market indexes are facing headwinds after a 12% surge and recovering from the 10% correction in summer, first in four years.
- Hiruki Nakamura
- 09 Nov, 2015
- New York City
Nikkei average in Tokyo soared nearly 2% following the stronger-than-expected U.S. jobs report on Friday. Export sensitive stocks and trading companies led the gainers. Mitsui agreed to acquire 35% stake in Australia based Santos Limited. NTT Corp estimated fiscal year sales to increase 2.7%.
- Marcus Jacob
- 09 Nov, 2015
- New York City
Australian market indexes declined nearly 2% and resource sector led the losers. BHP dropped near a seven year low and Santos Ltd plans to raise as much as $3.5 billion in stock offering and asset sale to trim $9 billion of debt.
- Mukesh Buch
- 09 Nov, 2015
- New York City
CIRCOR net swung to a loss after revenues plunged. Dish Network profit surged after revenue per pay-TV subscriber jumped. Dean Foods net swung to profit. L.B. Foster net swung to a loss. Priceline net and sales soared. Sotheby
- Sarla Buch
- 09 Nov, 2015
- New York City
Aurobindo said quarterly profit soared 21%. Britannia net declined 19%. ONGC net slipped 11%. Hindustan Copper net and revenues fell. Rural Electrification net rose 8%. Tata Power net swung to profit. Adani port plans to buy L&T
- Nigel Thomas
- 09 Nov, 2015
- New York City
European burses declined today on a gloomier outlook for the global economy, political uncertainty in Portugal and disappointment over mergers. Continental