- Nichole Harper
- 16 Sep, 2015
- New York City
U.S. stocks rallied and the S&P 500 index jumped 0.9% after the Federal Reserve started its much anticipated 2-day policy meeting. Markets in Europe also advanced more than 1%. U.S. dollar held firm and crude oil jumped 6%.
- Marcus Jacob
- 16 Sep, 2015
- New York City
Australian stocks rebounded on the resurgent resource and banking sector. Media and entertainment stocks were nearly unchanged. Timah Resources and Vitaco Holdings priced initial public offerings.
- Hiruki Nakamura
- 16 Sep, 2015
- New York City
Nikkei average in Tokyo closed higher following the market advance in New York. Investors added exposure ahead of the U.S. Fed rate decision following the Bank of Japan
- Mukesh Buch
- 16 Sep, 2015
- New York City
Trade deficit in August widened to a new monthly high after non-oil imports continued to rise at a faster pace. Trade deficit in the fiscal year between April and August declined marginally to $57.5 billion from $58.2 billion in a year ago period.
- Mukesh Buch
- 16 Sep, 2015
- New York City
Dentsply agreed to a merger with the rival Sirona Dental in $5.6 billion deal. GE divests its $3.7 billion portfolio of loans from its U.K.-based home lending portfolio. Ascena net swung to a loss. Cracker Barrel net soared 21%. FedEx profit declined 6%. United Natural Foods net jumped 8%.
- Nigel Thomas
- 16 Sep, 2015
- New York City
Anheuser Busch said it plans to acquire SABMiller. Glencore plans to raise $2.57 billion to reduce net debt. Inditex profit soared 26% on 17% increase in revenues. Richemont sales jumped 4%. Zodiac Aerospace revenues surged 18%.
- Nichole Harper
- 15 Sep, 2015
- New York City
Market indexes on Wall Street advanced more than 1% after August retail sales advanced more than expected indicating that the latest market turbulence had little impact on the consumer. S&P 500 index remained 4% down for 2015.
- Hiruki Nakamura
- 15 Sep, 2015
- New York City
The Bank of Japan left its stimulus program on hold after a 2-day meeting and retained the rate of money printing as announced before. Itoham Foods, the second largest food company in Japan is in merger talks with the seventh-largest food processor Yonekyu.
- Marcus Jacob
- 15 Sep, 2015
- New York City
Australian political uncertainty reached a new high after Malcom Turnbull forced out Prime Minister Tony Abbott in a leadership challenge. Australia has struggled to implement policies for nearly eight years with the revolving-door-government.
- Mukesh Buch
- 15 Sep, 2015
- New York City
Gray Television agreed to acquire privately-owned Schurz Communications for $442.5 million. GTT Communications agreed to buy One Source Networks for $175 million. Huron Consulting agreed to acquire Cloud62. Shiloh net tumbled 76%. Unilife net loss widened.
- Nigel Thomas
- 15 Sep, 2015
- New York City
European markets closed higher but German business confidence declined on the emerging markets export worries. Kingfisher profit surged 10%. Tele Columbus agreed to acquire rival Pepcom for
- Mukesh Buch
- 15 Sep, 2015
- New York City
Market indexes in Mumbai declined and investors overlooked the latest decline in consumer price index. The Reserve Bank of India lifted foreign investment limit to 40% in the largest auto maker Maruti Suzuki India.
- Nichole Harper
- 14 Sep, 2015
- New York City
Stocks on Wall Street eased and crude oil and copper declined as investors awaited the outcome of Fed policy meeting on Thursday. Market sentiment was tentative after China reported slowing growths in investments and factory output.
- Mukesh Buch
- 14 Sep, 2015
- New York City
Apple started accepting pre-orders for the iPhone 6s and iPhone 6s Plus. Mylan offered to acquire Perrigo Co for $27 billion. Solera agreed to be acquired by privately held Vista Equity Partners for $6.5 billion.
- Hiruki Nakamura
- 14 Sep, 2015
- New York City
Nikkei average in Tokyo dropped 1.6% following Asian markets decline after China reported weakening factory output and fixed-asset investments data over the weekend. Shoei Foods, the dairy and confectionary maker said quarterly sales increased 9.1%.