- Mukesh Buch
- 24 Jul, 2015
- New York City
Anthem agreed to acquire rival Cigna for $54.2 billion. Amazon net swung to profit on 20% increase in revenues. AT&T net plunged 14% and won a regulatory approval for the proposed acquisition of DirecTV. Caterpillar net tumbled 29%. Visa profit climbed 25%.
- Nigel Thomas
- 24 Jul, 2015
- New York City
Anglo American net swung to a loss to $3 billion. Air France KLM revenues jumped 3%. BASF profit declined 10% and plans to split its pigments business. Danone net tumbled 32% and plans to swap its Dumex infant formula unit in China. Vodafone revenues fell.
- Marcus Jacob
- 24 Jul, 2015
- New York City
Australian market indexes traded lower and for the week the ASX 200 index declined 1.8%. Costa Group, the largest horticulture company in Australia, priced its initial offering. OrotonGroup sold its stake in Brooks Brothers Australia.
- Nichole Harper
- 23 Jul, 2015
- New York City
Indexes on Wall Street hovered near highs after jobless claims dropped to the lowest in last four years and lowest since 1973. Crude oil prices eased and metal prices declined after a weak price outlook for the rest of the year.
- Mukesh Buch
- 23 Jul, 2015
- New York City
3M net rose 2% but revenues declined 5%. ABB net and revenues plunged. American Express net fell 5%. Boston Scientific net soared. Comcast net jumped 8%. Deluxe net climbed 12%. Dow Chemical net surged 28%. GM net surged more than four-fold. Qualcomm net tumbled 47%.
- Hiruki Nakamura
- 23 Jul, 2015
- New York City
Australian market indexes declined for the second day after iron ore price fell and a report suggested continued weakness. Fortescue Metals iron ore shipments increased 10% in the June quarter. Newcrest Mining said June quarter gold production rose 10%.
- Hiruki Nakamura
- 23 Jul, 2015
- New York City
Nikkei Inc agreed to acquire Financial Times group from the U.K. based Pearson Plc for $1.3 billion. The deal includes the publishing properties only and does not cover the real estate and the stake in the Economist publication. CyberAgent quarterly net doubled and Chugai Pharmaceuticals half-year net rose.
- Nigel Thomas
- 23 Jul, 2015
- New York City
Credit Suisse net swung to profit to 1.05 billion francs. Daimler profit climbed 8% to
- Mukesh Buch
- 23 Jul, 2015
- New York City
Alstom India quarterly profit tumbled 46%. Bajaj Auto net soared 37% on 11% increase in revenues. CEAT Tyre net surged. Lupin net declined 16%. Network18 net loss narrowed. Muthoot Finance net rose but revenues fell 4%.
- Nichole Harper
- 22 Jul, 2015
- New York City
Market indexes on Wall Street declined after Apple and Microsoft declined. Apple reported 38% surge in fiscal third quarter and sold 35% more iPhones, but fell short of some expectations. Microsoft Corp reported its largest quarterly loss ever. Tech stocks weakness weighed on European indexes.
- Mukesh Buch
- 22 Jul, 2015
- New York City
Apple revenues and profit surged above 33%. Boeing net plunged 33% but revenues jumped 11%. Illinois Tool net tumbled 68%. Microsoft net swung to a loss. Whirlpool net fell 1% while sales climbed 11%. Yahoo net swung to a loss.
- Hiruki Nakamura
- 22 Jul, 2015
- New York City
Nikkei average dropped more than 1% following weak closings in international markets. Mitsui Chemicals lifted its first-half sales outlook. Toshiba Corp trimmed its stake in Finland-based Kone Oyj.
- Nigel Thomas
- 22 Jul, 2015
- New York City
European market indexes declined between 0.6% and 1.5%. ARM net surged 38%. easyJet revenue per seat declined 5% but forecasted higher pre-tax profit for the year. K&S once again rejected new merger approach from Canada-based rival Potash Corp. Zooplus sales soared 34%.
- Marcus Jacob
- 22 Jul, 2015
- New York City
Market indexes in Sydney dropped following weak closures in Europe and in New York and consumer price index in the June quarter increased 0.7%, matching expectations. BHP forecasted lower petroleum production in 2016 but iron ore production will continue to rise.
- Mukesh Buch
- 22 Jul, 2015
- New York City
Sensex in Mumbai traded at a 3-month high on a surge in energy sector stocks. Idea Cellular said quarterly profit climbed 28%. JSW Energy net declined 15%. Bajaj Finance profit surged 30% on 33% increase in revenues. PVR jumped 5%. Cairn India net declined 24%.