- Nigel Thomas
- 14 Aug, 2015
- New York City
Air Berlin net swung to a loss on 7% decline in revenues. Basilea Pharma net loss widened to 30.1 million francs while revenues soared 23%. IMCD profit soared to
- Mukesh Buch
- 14 Aug, 2015
- New York City
Sensex index in Mumbai soared on the hopes of a rate cut after wholesale price index dropped to a record low. The index has been showing a decline in prices since November and dropped to a record low of -4.5%.
- Marcus Jacob
- 14 Aug, 2015
- New York City
Energy stocks and wider market indexes extended weekly losses in Australia after crude oil price dropped to a new six-year low. James Hardie struggled with revenues in the latest year and New Zealand-based resin maker Nuplex reported flat quarterly sales.
- Nichole Harper
- 13 Aug, 2015
- New York City
S&P 500 and Tollbooth Strategy Index increased after retail sales were stronger than expected. Crude oil extended the recent decline as traders target $35 a barrel. China sought to calm markets after renminbi devaluation extended to 4.4% in three days.
- Mukesh Buch
- 13 Aug, 2015
- New York City
Advance Auto Parts net climbed 8%. Coty net swung to profit. Cisco net and revenues jumped. Dillard''s sales and profit rose 2%. G&K Services net declined 10%. Kohl''s net plunged 44%. News Corp profit swung to a loss and plans to education business.
- Hiruki Nakamura
- 13 Aug, 2015
- New York City
Nikkei average in Tokyo rebounded and the yen retained a downward bias as Asian currencies extended losses to the third day after China devalued yuan. Core machine orders in June plunged nearly 8% in Japan compared to 0.6% increase in May. McDonald
- Marcus Jacob
- 13 Aug, 2015
- New York City
Australian market indexes rebounded at the opening after better than expected annual results from CSL, Mirvac, Sirtex and Tabcorp. Whitehaven Coal returned to modest profit in the second-half. Goodman Group annual operating net increased 9%.
- Mukesh Buch
- 13 Aug, 2015
- New York City
Oil & Natural Gas Corp said quarterly profit jumped 14% on 4% increase in revenues. Abbott India net soared 34%. Aurobindo net rose 4%. Nalco net plunged 40%. Coal India net fell 7%. RInfra net slipped 12% but revenues rose 5%. Tata Power net swung to profit.
- Nigel Thomas
- 13 Aug, 2015
- New York City
AP Moeller profit tumbled 23% to $2.6 billion and announced a share buy-back of $1 billion. Glencore said it plans to write down $790 million of its oil assets in Chad. Nestle net dropped 2% to 4.5 billion francs after a product recall in India. Salzgitter and TUI net swung to profit.
- Nichole Harper
- 12 Aug, 2015
- New York City
World currency markets were roiled after China let yuan slide for the second day in a row. Currencies in India, Australia, New Zealand, Indonesia and Malaysia hit multi-year lows. Indexes on Wall Street swung wildly but managed to trim losses of the day at close.
- Mukesh Buch
- 12 Aug, 2015
- New York City
GE agreed to sell its healthcare financial services business to Capital One for $8.50 billion. Alibaba revenues growth slowed on rising mobile devices traffic with lower yields. Cree net swung to a loss. Fossil net jumped 4% but sales fell 4%. Macy''''s net plunged 26%. Wayfair net loss narrowed.
- Nigel Thomas
- 12 Aug, 2015
- New York City
Balfour Beatty net loss widened. Centamin net surged 66%. E.ON net soared 40% to
- Marcus Jacob
- 12 Aug, 2015
- New York City
Australian market indexes declined for the second day and Aussie dollar firmed up after China devalued the yuan. Commonwealth Bank said quarterly net rose 5% and launched rights issue of A$5 billion.
- Hiruki Nakamura
- 12 Aug, 2015
- New York City
Nikkei average dropped for the second day in Asia-wide correction following the 2% yuan devaluation. Industrial production in Japan rose 1.1% in June and shipment increased 0.6% form the last month. Online real estate information provider Next Co. said quarterly revenues soared 42%.
- Mukesh Buch
- 12 Aug, 2015
- New York City
Sun Pharma said quarterly profit plunged 60% but Cadila Healthcare surged 47%. Aditya Birla net soared 50%. Ashok Leyland net swung to profit. IDBI Bank net climbed 27%. NMDC profit declined 47%.