- Nigel Thomas
- 19 Aug, 2015
- New York City
Admiral Group net jumped 5% to
- Nichole Harper
- 18 Aug, 2015
- New York City
Market indexes on Wall Street traded lower and tech stocks led the decliners. Housing starts increased to a near eight-year high but permits fell. Home Depot and TJX Companies rose on earnings but Wal-Mart eased after the retailer lowered annual earnings outlook.
- Hiruki Nakamura
- 18 Aug, 2015
- New York City
Nikkei in Tokyo traded lower after weak sentiment and poor market conditions in Shanghai trading. Fast Retailing and SoftBank Group led the decliners among large companies in Tokyo. GDP in the previous quarter dropped 1.6%, meeting expectations.
- Marcus Jacob
- 18 Aug, 2015
- New York City
Australian market indexes in Sydney declined on the worries that banks may need to increase bad loan reserves in the mining sector. ANZ lifted its estimate of loan losses. QBE Insurance said quarterly net jumped 25%. Sydney Airport half-year results improved on higher passenger count.
- Mukesh Buch
- 18 Aug, 2015
- New York City
BB&T agreed to acquire National Penn Bancshares for $1.8 billion. CVS completed the acquisition of Omnicare for $12.7 billion. Dicks Sporting net surged 31%. Home Depot profit rose 5% to $2.2 billion and lifted fiscal outlook. TJX net soared 7%. Wal-Mart net declined 15%.
- Nigel Thomas
- 18 Aug, 2015
- New York City
Akers Biosciences net loss widened after revenues declined 28%. Chime Communications net swung to a loss on 7% drop in revenues. Mears net jumped 13%. Persimmon profit surged 45% to
- Sarla Buch
- 18 Aug, 2015
- New York City
Cipla said quarterly profit more doubled on 43% increase in revenues. Rajesh Exports received an export order worth $200 million from UAE. Adani Ports signed an agreement with Kerala government for the development of Vizhinjam deep sea port.
- Mukesh Buch
- 17 Aug, 2015
- New York City
Cargill agreed to acquire Norway-based Ewos for about $1.5 billion. Liberty Interactive agreed to acquire Zulily for $ $2.4 billion. Accenture agreed to buy consulting unit of Schlumberger for an undisclosed amount. Agilent net plunged 30%. Estee Lauder net tumbled 41%. Urban Outfitters net slid.
- Nigel Thomas
- 17 Aug, 2015
- New York City
IndiGo agreed to buy 250 single-aisle A320neo jets from Airbus worth about $26 billion. EWOS agreed to be acquired by the U.S.-based Cargill for
- Marcus Jacob
- 17 Aug, 2015
- New York City
Australian market indexes rose in weak trading as investors looked for bargains and commodities were on the defensive. Aurizon Holdings reported nearly flat revenues. Newcrest Mining swung to annual profit after revenues rose 8%.
- Sarla Buch
- 17 Aug, 2015
- New York City
Tata Motors July global wholesale slipped 8%. IndiGo agreed to buy 250 Airbus A320neo single-aisle jets at a list price of $26.5 billion from Airbus Group.
- Nichole Harper
- 14 Aug, 2015
- New York City
Stocks on Wall Street lacked direction on Wall Street after a week of bouncing around and industrial output increased at its fastest pace in eight months on the rising auto production. Euro zone finance ministers are set to approve
- Mukesh Buch
- 14 Aug, 2015
- New York City
Goldman Sachs agreed to acquire GE Capital Bank
- Hiruki Nakamura
- 14 Aug, 2015
- New York City
Nikkei average in Tokyo extended weekly losses and the yen traded near low of the year so far. In volatile weekly trading, yen came under pressure after China devalued yuan for three days in a row. Asatsu-DK, the advertising company reported flat first-half revenues.