- Mukesh Buch
- 21 Oct, 2015
- New York City
HDFC Bank said quarterly profit jumped 21%. Bajaj Auto and Bajaj Finserv net surged. ACC net declined 40%. Everest Ind net swung to a loss. Hero MotoCorp net rose 1% but revenues fell 2%. Mphasis profit surged 22%.
- Mukesh Buch
- 20 Oct, 2015
- New York City
Yum! Brands plans to spin off its China operation. Team Health rejected takeover proposal from Amsurg. IBM revenues declined. BNY Mellon profit and revenues plunged. Harley-Davidson net declined. Lockheed Martin lifted sales forecast. United Technologies net tumbled.
- Nigel Thomas
- 20 Oct, 2015
- New York City
Deutsche Bank
- Mukesh Buch
- 20 Oct, 2015
- New York City
Hindustan Zinc said quarterly profit rose 5%. State Bank of Bikaner net surged 52% but gross non-performing assets remained above 4%. Bajaj Finance quarterly revenues increased 37%. Can Fin Homes net soared 91%. GRUH Finance net Jumped 20%. Gati net fell 17%.
- Hiruki Nakamura
- 20 Oct, 2015
- New York City
Nikkei in Tokyo closed higher and awaited international traded data tomorrow. Aeon Co reported first-half sales soared 19%. Genky Stores said estimated annual sales to increase 20% and net income to rise 7%.
- Marcus Jacob
- 20 Oct, 2015
- New York City
Australian market indexes closed down and the Aussie dollar held firm in active trading. Brambles Limited raised $500 million through a bond offering. Cochlear Limited reaffirmed its annual earnings outlook. Newcrest Mining said gold production in third-quarter declined 13%.
- Nichole Harper
- 19 Oct, 2015
- New York City
Stocks advanced cautiously higher on Wall Street as tech companies dominate busy earnings season this week. Energy companies declined after crude oil dropped nearly 3%. Morgan Stanley reported profit declined for the second quarter in a row. Weight Watchers more than doubled.
- Marcus Jacob
- 19 Oct, 2015
- New York City
Australian market indexes traded volatile and the Aussie dollar held near its recent high. Iron ore prices firmed up after China reported better-than-expected 6.9% economic growth. Treasury Wine Estate completed capital raising to pay for the wine unit of Diego in the U.S. and U.K.
- Hiruki Nakamura
- 19 Oct, 2015
- New York City
Nikkei average in Tokyo trimmed losses after China reported slightly better than expected third-quarter economic growth of 6.9%. Tokyo Electric Power rose after a report suggested that the company plans to raise $2.8 billion in bonds in the fiscal 2016.
- Mukesh Buch
- 19 Oct, 2015
- New York City
Infosys entered into a joint venture with IBM to develop cloud based services. CRISIL said third-quarter revenues rose 14%. HCL Technologies net in the first-quarter fell 3% but revenues barely rose 3%. UltraTech Cement quarterly net rose 3%.
- Nigel Thomas
- 19 Oct, 2015
- New York City
Wincor Nixdorf agreed to be acquired by the U.S.-based Diebold for about
- Mukesh Buch
- 19 Oct, 2015
- New York City
Morgan Stanley revenues and profit declined. Oprah Winfrey agreed to acquire 10% stake in Weight Watchers. Diebold agreed to acquire the Germany-based Wincor Nixdorf. WEX agreed to buy Electronic Funds Source for $1.1 billion. Halliburton net swung to a loss. Hasbro net soared 15%.
- Nichole Harper
- 16 Oct, 2015
- New York City
Market indexes on Wall Street edged higher and for the week the S&P 500 index increased 0.9%. Match Group Inc, the owner of a portfolio of dating sties, filed for an initial public offering. Jobless rate in California State fell to eight year low of 5.9%.
- Hiruki Nakamura
- 16 Oct, 2015
- New York City
Nikkei average jumped more than 1% on a growing speculation that the Bank of Japan may offer additional stimulus. Market advance was also supported by the gains in Shanghai ahead of the gross domestic report. Adastria Co, the apparel retailer said sales in first-half jumped 10%.
- Marcus Jacob
- 16 Oct, 2015
- New York City
Australian market indexes closed higher but for the week declined and the Aussie dollar closed slightly lower from its one-week high. Rio Tinto said iron ore production increased in the third-quarter but copper production is expected to fall short of its previous estimate.