- Marcus Jacob
- 09 Oct, 2015
- New York City
Australian market indexes jumped 1.3% and extended weekly surge to 4.4%. The new home loan approvals in August rose less-than-expected 2.9% following the downwardly revised decrease of 0.3%. Macquarie Group completed $400 million stock offering to institutional investors.
- Mukesh Buch
- 09 Oct, 2015
- New York City
Tata Motor
- Nichole Harper
- 08 Oct, 2015
- New York City
U.S. stocks turned around in the afternoon and most Fed policymakers are still looking to raise rate this year according to the latest minutes. Netflix raised monthly subscription rate for some new members. Amazon.com Inc expanded its store to include more handmade goods.
- Mukesh Buch
- 08 Oct, 2015
- New York City
Biomed agreed to be acquired by Blackstone Real Estate for $8 billion. Buckle comparable sales in September declined 6.7%. Cato comparable sales increased 2%. Cardiovascular Systems estimated wider net loss. Dell is in talk to buy EMC. Domino''s net soared 8%.
- Hiruki Nakamura
- 08 Oct, 2015
- New York City
Stocks in Tokyo closed down and the yen edged higher as investors focused on the latest batch of earnings. Current account surplus in August declined and core machinery orders slumped 3.5% in the month. Daiwa House first-half net increased 2%. J Front Retailing annual net soared 48%.
- Nigel Thomas
- 08 Oct, 2015
- New York City
Deutsche Bank estimated net loss for the third-quarter of about
- Marcus Jacob
- 08 Oct, 2015
- New York City
Australian market indexes closed higher and Aussie dollar stayed above 71 U.S. cents. Indexes lacked direction in trading and energy stocks closed higher but immediate outlook for crude oil is cloudy as traders prepare for a new price downturn.
- Mukesh Buch
- 08 Oct, 2015
- New York City
Rajesh Exports received an export order from UAE. Adani Power and Welspun are in talks to sell power plants. MAN Industries India secured orders worth $110 million. Trilogic and ITV Network partner for new channel ventures.
- Nichole Harper
- 07 Oct, 2015
- New York City
Investor anxieties intensified ahead of U.S. corporate earnings as most analysts kept earnings shortfall in the S&P 500 index between 3% and 6% in the third quarter. Oil rally halted after the latest U.S. government data showed rising inventories.
- Hiruki Nakamura
- 07 Oct, 2015
- New York City
Nikkei average in Tokyo advanced for the sixth session in a row and extended longest winning streak in three months. Investor shifted attention to the next meeting of policymakers at the end of October. Aeon Mall Co said first-half sales rose 14% but net declined nearly 5%.
- Marcus Jacob
- 07 Oct, 2015
- New York City
Australian market indexes lacked direction and closed higher in average trading. Construction industry survey showed a slight decline in growth in September. Insurance Australia Group announced the appointment of new chief executive.
- Mukesh Buch
- 07 Oct, 2015
- New York City
Adobe declined on weaker outlook. Nu Skin plunged 25%. Acuity Brands profit and revenues soared. Constellation Brands net surged 54%. Global Payments net jumped 15%. Monsanto net loss widened. Pandora Media agreed to acquire Ticketfly. Yum! Brands profit rose 4%.
- Mukesh Buch
- 07 Oct, 2015
- New York City
Germany and India stepped technology and manufacturing cooperation as Prime Minister Modi drives Make in India campaign. State Bank of India signed a loan agreement with German development bank KfW. HMT jumped after the machine tool maker and Fraunhofer agreed to work together.
- Nigel Thomas
- 07 Oct, 2015
- New York City
AB Inbev revised its proposal to acquire SABMiller to
- Nichole Harper
- 06 Oct, 2015
- New York City
Stocks struggled on Wall Street after the IMF lowered global economic growth outlook for the second time this year and the rally in oil extended to third day in a row. Biotech companies remained under pressure as politicians look for ways to rein runaway price inflation.