- Lucy Stoeva
- 10 Dec, 2015
- New York City
European market indexes extended losses and hovered near two-month lows. Accor agreed to acquire three luxury hotel brands for $2.9 billion. Centrica jumped after reassuring operating profit outlook. Ocado fourth-quarter revenues soared 17% to
- Marcus Jacob
- 10 Dec, 2015
- New York City
Australian market down following weak global markets and despite the positive jobs report. Unemployment rate fell to 5.8% in November and the Australian economy created 71,400 new jobs. Austal Limited tumbled 25% after issuing a profit warning.
- Sarla Buch
- 10 Dec, 2015
- New York City
Sensex in Mumbai halted 6-day decline after markets in Asia rebounded and investors searched for bargains. Shipping companies led the gainers after the government approved financial assistance to ships built in India. Bharti plans to launch 4G service in Rajasthan.
- Hiruki Nakamura
- 10 Dec, 2015
- New York City
The Nikkei average extended 3-day losses and the referenced index dropped to a five-week low after the yen advanced. The producer price index in November fell 0.1%.
- Nichole Harper
- 09 Dec, 2015
- New York City
Stocks on Wall Street meandered and crude oil price halted five-day sell-off of 10%. Dow Chemical and DuPont surged more than 8% after two companies were said to be in advanced merger talks. European markets trimmed losses.
- Mukesh Buch
- 09 Dec, 2015
- New York City
Dow Chemical and Du Pont are in advance merger talks. Yahoo! plans to spin-off its core business into a separate company. Costco net fell 3%. Korn/Ferry net tumbled 29%. Lululemon net plunged 12%. Vera Bradley net soared 49%.
- Lucy Stoeva
- 09 Dec, 2015
- New York City
Europe extended losses on concerns about growth in China and pressure from commodity stocks. Alternative Networks net soared 42%. Stagecoach tumbled after profit declined 7% and earnings forecast deteriorated. Xchanging agreed to be acquired by Computer Sciences Corp.
- Marcus Jacob
- 09 Dec, 2015
- New York City
Australian markets extended losses as overall commodity prices test new seven-year lows. Consumer confidence index fell 0.8% in December and the total number of home loans in October dropped 0.5%.
- Hiruki Nakamura
- 09 Dec, 2015
- New York City
Nikkei average fell 1% on the deepening gloom in commodities market and another day of sustained losses in New York and European stocks overshadowed the surge in core machine orders. Hakuhodo Dy Holdings said November sales soared 12.5% from a year ago.
- Sarla Buch
- 09 Dec, 2015
- New York City
Broader market in Mumbai declined for the sixth day in a row as politicians across all major parties wrangle ahead of goods and service tax reform bill. Mahindra & Mahindra said November vehicle sales soared 46.5%. Rajesh Exports extended its order winning streak in UAE.
- Nichole Harper
- 08 Dec, 2015
- New York City
With weak sentiment, S&P 500 index opened lower and struggled to rebound in the positive zone after a sell-off in Asia and in Europe. Crude oil price extended losses and two largest mining companies announced additional cuts in capital spending.
- Mukesh Buch
- 08 Dec, 2015
- New York City
AutoZone net soared 8%. Barnes & Noble Education net plunged 18%. Conn''''s net loss narrowed. Children''''s Place jumped 4%. Casey''''s General profit soared 58%. HD Supply net surged. Toll Brothers net advanced 7%. United Natural Foods net plummeted 9%.
- Nigel Thomas
- 08 Dec, 2015
- New York City
European market indexes dropped more than 1% led by a second-day decline in energy and resource complex stocks. Anglo American suspended its dividend for the second-half of the year. Enquest approved a $125 million project in the North Sea. Schaffner profit tumbled 50%.
- Marcus Jacob
- 08 Dec, 2015
- New York City
Australian markets struggled after a steep slide in oil and iron ore prices. Rio Tinto cut its forecasted capex for a third time this year. Woodside Petroleum terminated its $11.6 billion takeover proposal for rival Oil Search.
- Sarla Buch
- 08 Dec, 2015
- New York City
Sensex in Mumbai declined to a three-month low following Asia-wide correction after crude oil prices fell to a seven-year low. Tata Motors controlled Jaguar Land Rover retail sales in November surged 27%. Religare sold its stake in life insurance joint venture to Bennett, Coleman.