- Marcus Jacob
- 07 Aug, 2015
- New York City
ASX 200 index fell sharply and bank stocks led the decliners for the second day in a row. Virgin Australia reported net loss on widening loss in its international operations. Explosive maker Orica Ltd plans to write down $1.65 billion as mining industry downturn cuts demand.
- Nigel Thomas
- 07 Aug, 2015
- New York City
Allianz net surged 13%. Erste Group Bank net swung to a loss to
- Mukesh Buch
- 07 Aug, 2015
- New York City
Infrastructure builders led by road contractors power India stocks rally. Tata Motors said quarterly profit plunged 48%. BHEL net tumbled 83%. M&M profit fell 3%. Future Retail net plunged 93% but revenues surged 23%.
- Nichole Harper
- 06 Aug, 2015
- New York City
Stocks on Wall Street were under pressure after media stocks extended losses to the second day as more younger viewers migrate away from traditional television networks. U.S. weekly jobless claims rose less than expected.
- Mukesh Buch
- 06 Aug, 2015
- New York City
Activist investor controlled hedge fund manager Ackman acquired 7.5% stake in Mondelez worth $5.5 billion. CF Ind agreed to acquire OCI businesses for $6 billion. Apache net swung to a loss. Costco comparable store sales were flat. Icahn Entp net tumbled 57%.
- Hiruki Nakamura
- 06 Aug, 2015
- New York City
Nikkei average closed higher and more companies announce earnings. Mitsui & Company, one of the largest trading companies in Japan reported declining profit and earnings. Softbank said quarterly revenues rose 10% and said estimating earnings outlook is difficult on several uncertainties.
- Nigel Thomas
- 06 Aug, 2015
- New York City
adidas said profit soared 11% and the athletic shoe maker completed the acquisition Runtastic. Aviva net tumbled 37%. Deutsche Telekom profit plummeted 41% to
- Marcus Jacob
- 06 Aug, 2015
- New York City
Banks in Australia led decliners and the ASX 200 index fell more than 1% after ANZ said it plans to raise more than $3 billion. Downer EDI plunged more than 11% after weak quarterly results. Rio Tinto net profit tumbled 82% on weak commodities prices.
- Mukesh Buch
- 06 Aug, 2015
- New York City
Siemens India quarterly profit surged. Cummins India surged 13% on 19% increase in revenues. Bajaj Electricals net soared 261%. Ramco Cements net surged 161%. NDTV Loss Widened.
- Nichole Harper
- 05 Aug, 2015
- New York City
S&P 500 and Tollbooth indexes extended gains in the session. Trade deficit widened in June and exports declined for the second month in a row. Private employers added fewer jobs in July. Media stocks declined after Disney lowered cable profit outlook.
- Marcus Jacob
- 05 Aug, 2015
- New York City
Australian market indexes traded weak despite a slight rebound in commodities prices in the region. Skilled Group swung to a quarterly loss after mining and energy companies cut workforce.
- Hiruki Nakamura
- 05 Aug, 2015
- New York City
Investors shifted focus to domestic earnings. Toyota said quarterly net rose 10% and reaffirmed its annual global production outlook with a slight change in production mix. Marubeni said quarterly net rose 7% but sales declined 10%.
- Mukesh Buch
- 05 Aug, 2015
- New York City
Activision net jumped 4%. Baxalta rejected $30 billion unsolicited proposal from Shire. Cognizant net rose 13%. DISH net surged 52%. Intercontinental Exchange net climbed 25%. Motorola net tumbled 83%. Priceline net declined 10.3%. Time Warner net soared 14%. Disney net rose 10%.
- Nigel Thomas
- 05 Aug, 2015
- New York City
Beiersdorf profit soared 14%. ING net swung to profit to
- Mukesh Buch
- 05 Aug, 2015
- New York City
Bharti said quarterly profit soared 40%. Emami net climbed 24%. Canara Bank net declined 47% as the bank struggles with loan losses. Torrent Power net doubled. Balaji Telefilms reacquires 26% stake from a unit of 21st Century Fox.