- Mukesh Buch
- 17 Dec, 2015
- New York City
Accenture net dropped 3%. FedEx revenues and profit jumped 4%. General Mills net surged 53% but revenues slumped 6%. Jabil Circuit profit soared 83% on 15% increase in revenues. Oracle net tumbled 12% and revenues declined 6%. Rite Aid net plunged 43%.
- Marcus Jacob
- 17 Dec, 2015
- New York City
ASX 200 index jumped 1.5% after the widely anticipated increase in the U.S. interest rates kicked in. Banks led the gainers. Caltex Australia said net profit before one-time items soared 29%.
- Sarla Buch
- 17 Dec, 2015
- New York City
Sensex jumped 1.2% following a rally in Asian markets after the U.S. Federal Reserve lifted rates and signalled that the economy has recovered to be strong enough to withstand higher rates. Reliance Infra acquired additional 17% stake in Pipavav Defence. Hindustan Unilever agreed to buy Indulekha.
- Hiruki Nakamura
- 17 Dec, 2015
- New York City
The Nikkei 225 average jumped 1.6% after trade deficit in November narrowed and the U.S. Fed raised its key lending rate. Toyota lifted 2016 global sales outlook by 1.1%. TDK plans to acquire Switzerland-based semiconductor designer.
- Nichole Harper
- 16 Dec, 2015
- New York City
Stocks on Wall Street gyrated but markets remained calm after the U.S. Federal Reserve raised interest rate for the first time in nine years. The increase of 0.25% is expected to be followed by additional but gradual increases. Crude oil dropped more than 3% and natural gas fell to 16-year low.
- Mukesh Buch
- 16 Dec, 2015
- New York City
Global Payments agreed to acquire Heartland Payment for $4.3 billion. Honeywell reaffirmed 2015 earnings outlook. Heico net surged 19%. Joy Global net swung to a loss on 24% decline in revenues. Valeant lowered revenues outlook.
- Lucy Stoeva
- 16 Dec, 2015
- New York City
European markets rally for the second day in a row. AstraZeneca agreed to acquire the respiratory business of Japan-based Takeda. Barclays agreed to sell its risk analytics and index solution business to Bloomberg for
- Marcus Jacob
- 16 Dec, 2015
- New York City
ASX 200 index halted six-day losing streak following a rebound in New York. Domino''s Pizza Enterprises announced plans to acquire the largest pizza chain in Germany for $120 million. Healthcare stocks eased on fiscal year budget changes.
- Hiruki Nakamura
- 16 Dec, 2015
- New York City
The Nikkei 225 average rallied 2.6%, the largest one-day gain in more than two months. Investors returned to add more stock exposure following a rebound in oil and indexes in New York and in Europe. Dentsu accelerates its global expansion with more deals in France and Philippines.
- Sarla Buch
- 16 Dec, 2015
- New York City
Stocks in Mumbai edged higher after markets in Asia rebounded in cautious trading as investors anticipate first rate hike in the U.S. since 2006. HDFC Bank plans to raise up to $450 million through debenture offering.
- Nichole Harper
- 15 Dec, 2015
- New York City
Stocks rebounded on Wall Street and the S&P 500 and Tollbooth Strategy indexes jumped after crude oil rebounded from its near 4-year low. European markets surged more than 1.5% and the high yield bond market rout spread to Europe.
- Mukesh Buch
- 15 Dec, 2015
- New York City
3M lowered annual earnings forecast. GE agreed to sell its Japan-based commercial lending business to Sumitomo Mitsui Finance for $5 billion. FactSet net rose 7%. VeriFone net soared. Valeant signed 20-year agreement with Walgreens.
- Lucy Stoeva
- 15 Dec, 2015
- New York City
Stock markets in Europe regained strength fueled by gains in oil prices and overshadowed the weakness in the bond market for the third day in a row. Metro jumped on a surge in net profit. UBM agreed to divest PR Newswire for $841 million.
- Hiruki Nakamura
- 15 Dec, 2015
- New York City
The Nikkei 225 extended its losses ahead of the U.S. Federal Reserve rate decision. J. Front Retailing said sales in November dropped 1.8%. Yahoo Japan agreed to acquire Ikyu Corp. for $830 million.
- Marcus Jacob
- 15 Dec, 2015
- New York City
ASX 200 declined for the sixth day in a row after Australia''s government said its budget deficit would deteriorate. The Reserve Bank of Australia kept its interest rates unchanged at 2%. Rio Tinto said it plans to invest $4.4 billion in Mongolian copper mine.