- Nichole Harper
- 28 Jul, 2015
- New York City
U.S. market indexes staged a slight rebound but commodities prices continue to test new lows and European markets lacked directions. Sell-off in China intensified in smaller exchanges. Volkswagen surpassed Toyota as the world
- Hiruki Nakamura
- 28 Jul, 2015
- New York City
Nikkei average in Tokyo declined following another day of route in commodities complex and in China indexes. Kao Corp and Tokyo Electron were in focus after quarterly results. Toyota Motor estimated flat annual global unit sales after first-half sales declined 1.5%.
- Marcus Jacob
- 28 Jul, 2015
- New York City
Australian markets turned volatile and looked at China market moves. In active trading, ASX 200 index edged lower and the Aussie dollar retained downward bias with the losses extended deeper in commodities energy complex.
- Mukesh Buch
- 28 Jul, 2015
- New York City
Honeywell agreed to acquire the Elster unit of Melrose Ind for $5.1 billion. Ford net surged 44%. Du Pont sales and net declined. Ecolab net fell. Ingersoll-Rand net tumbled 74%. Merck net plummeted 66%. Pfizer profit plunged 10%. United Parcel Service net soared 171%.
- Nigel Thomas
- 28 Jul, 2015
- New York City
BP net swung to a loss to $5.8 billion on non-operating pre-tax charge of $9.8 billion. Deutsche Boerse profit climbed 10%. Kering net more than doubled to
- Mukesh Buch
- 28 Jul, 2015
- New York City
Sensex index extends loss to the fourth day despite the sharp correction in crude oil price. Maruti quarterly profit soared 57% on 17% increase in revenues. Torrent net surged 75%. Punjab National Bank bad loan ratio surges and Union Bank net declined. Ambuja Cements net tumbled 45%.
- Nichole Harper
- 27 Jul, 2015
- New York City
Market indexes on Wall Street extended losses and major indexes are nearing to wipe out gains in the year. Crude oil extended five-week long losses and drops to one-year low but gold rebounded. Asian markets dropped after another sharp decline in Shanghai.
- Hiruki Nakamura
- 27 Jul, 2015
- New York City
Nikkei in Tokyo declined following a plunge in market indexes in Shanghai and weak commodities prices. Canon Inc said first-half net fell 20%. Hitachi High-Technologies plunged 10% after quarterly results.
- Mukesh Buch
- 27 Jul, 2015
- New York City
Teva agreed to acquire Allergan for $40.5 billion and withdrew its proposal to acquire Mylan. McGraw agreed to buy SNL Financial $2.2 billion. Biogen lowered revenues forecast. Johnson Controls net rose but sales fell. Norfolk net tumbled 23%.
- Marcus Jacob
- 27 Jul, 2015
- New York City
Australian market indexes in thin trading rebounded as metal prices hover near new multi-year lows and market indexes in Shanghai plunge 8%. Atlas Iron Limited plunged 70% after a 16-week trading halt.
- Mukesh Buch
- 27 Jul, 2015
- New York City
The Sensex decline in India was driven by the 8% market plunge in Shanghai. Reliance said quarterly profit rose 4% but revenues plunged 26%. MRF revenues increased 6%. Pfizer quarter profit soared 43%. Rajesh Exports acquired Switzerland-based Valcambi, the largest gold refinery in the world.
- Nigel Thomas
- 27 Jul, 2015
- New York City
European markets traded lower and commodities reached multi-year low. Deutsche Boerse agreed to buy 360T Beteiligungs for
- Nichole Harper
- 24 Jul, 2015
- New York City
Market indexes on Wall Street declined for the fourth day in a row and metal prices fell to multi-year lows. Crude oil price extended 20% decline from the high of $61 a barrel in June and fell 5% in the week. Manufacturing sector outlook in China remained weak.
- Hiruki Nakamura
- 24 Jul, 2015
- New York City
Investors in Tokyo sold stocks and focused on domestic earnings after manufacturing sector growth outlook was weak in China and overseas markets declined. Meiji Yasuda agreed to acquire the U.S. based insurance group for $5 billion. Softbank prepares for a bond offering next week.
- Mukesh Buch
- 24 Jul, 2015
- New York City
Market indexes on Dalal Street extended losses for the second day. Wipro said quarterly profit rose 4% on 10% increase in revenues. ABB India and Biocon net soared. Axis Bank profit jumped 19%. GAIL net plunged 32%. United Spirits net swung to profit.