- Hiruki Nakamura
- 09 Sep, 2015
- New York City
Nikkei average soared nearly 8% after dipping into negative territory following a broader rally in Asia. In the largest one-day gain since October 2008, Nikkei closed at a one-week high. Toshiba traded volatile and SoftBank and Fanuc led gainers in the index.
- Marcus Jacob
- 09 Sep, 2015
- New York City
Australian market indexes soared more than 2% following an Asia-wide rally. In active trading, banks and resource stocks led gainers. Home loans approval increased less than expected 0.3% in July.
- Mukesh Buch
- 09 Sep, 2015
- New York City
Hindustan Unilever sold its bakery business to Nimman Foods. JK Tyre jumped 3% and the company plans to make tyres scooters. Hindalco refinanced about $2.2 billion of debt and extended loans for 10 more years.
- Mukesh Buch
- 09 Sep, 2015
- New York City
AEP Industries net soared. Barnes & Noble net loss widened. Casey''s General net surged 23% while sales plunged 11%. HD Supply jumped 127%. Men''s Wearhouse profit soared on 15% increase in revenues. Titan Machinery net swung to profit.
- Nigel Thomas
- 09 Sep, 2015
- New York City
ABB lowered revenues forecast up to fiscal 2020. Bourbon net loss widened. Barratt Developments profit surged 47%. Hargreaves Lansdown net slumped 3%. Ryanair lifted profit forecast after traffic in the first-half jumped 13%.
- Nichole Harper
- 08 Sep, 2015
- New York City
Wall Street indexes rebounded in a broad rally and the dollar advanced. Crude oil declined and European markets gained more than 1%. Indexes in Japan extended last week loss of 7% and China reported weaker than expected imports data.
- Mukesh Buch
- 08 Sep, 2015
- New York City
GE received regulatory approval to acquire Alstom. Mylan offered $27 billion in cash-and-stock to Perrigo. Strategic Hotels agreed to be acquired by Blackstone Real Estate for $6 billion. Media General agreed to buy Meredith for $2.4 billion. Dover agreed to acquire Tokheim for $473.6 million.
- Nigel Thomas
- 08 Sep, 2015
- New York City
Amlin agreed to be acquired by Mitusi Sumitomo for
- Hiruki Nakamura
- 08 Sep, 2015
- New York City
Nikkei average in Tokyo dropped more than 2% taking the index in the negative zone year to date. Nikkei has plunges nearly 18% from the high in February. Japan said economy in the second quarter shrank less than expected.
- Marcus Jacob
- 08 Sep, 2015
- New York City
Australian market indexes opened higher and the benchmark ASX 200 index soared 1.7%. Late rally in China also supported market advance. The Aussie dollar continued to drift lower. Westpac Banking completed $1.3 billion note offering. Woodside Petroleum offered $11.7 billion for Oil Search.
- Mukesh Buch
- 08 Sep, 2015
- New York City
JSW Energy plans to acquire thermal power project in Madhya Pradesh. Zomato, restaurant information and review site operator raised about $60 million. SpiceJet plans to buy around 100 turboprop aircrafts with list price of $3 billion.
- Nichole Harper
- 07 Sep, 2015
- New York City
Global markets lacked direction and trended lower as crude oil price declined on the rising production from Nigeria and North Sea. Stocks in China resumed the decline after a long weekend and U.S. markets were closed for Labor Day.
- Nigel Thomas
- 07 Sep, 2015
- New York City
Tesco agreed to sell its South Korean retail business to a group led by private-equity firm MBK Partners for
- Hiruki Nakamura
- 07 Sep, 2015
- New York City
Nikkei average in Tokyo closed up in thin trading and the yen gained after stocks in Shanghai fell sharply. Toshiba Corp, the diversified conglomerate embroiled in the accounting scandal reported annual sales in the year ending in March rose 3.3% and swung to a net loss.
- Marcus Jacob
- 07 Sep, 2015
- New York City
Australian indexes closed down and prices of crude oil and gold extended recent losses. Aussie dollar weakened further after traders look for the currency to continue to slide in the next six months. UGL Limited won a 4-year contract to provide a range of services including a tunnel construction.