- Hiruki Nakamura
- 18 Jun, 2015
- New York City
Stocks in Tokyo and in Asia sold off after the latest statement from the U.S. Federal Reserve suggested rates may rise in a gradual fashion later in the year. Monex Group declined after operating revenues fell in May.
- Marcus Jacob
- 18 Jun, 2015
- New York City
Market indexes in Australia dropped more than 1% after the U.S. Federal Reserve statement suggested rates are likely to rise later in the year. Banks led the decliners. Ten Network dropped 12%. Woolworths declined for the second day in a row.
- Mukesh Buch
- 18 Jun, 2015
- New York City
Bankrate net climbed 20%. Clarcor net jumped 11%. Jabil Circuit net plunged 62% but revenues soared 15%. Kroger profit rose 2%. Oracle net declined 22% on 5% decrease in revenues. Pier 1 Imports net plummeted 54%. Rite Aid net tumbled 54.6%.
- Nigel Thomas
- 18 Jun, 2015
- New York City
Bilfinger plunged on weak fiscal outlook. Credit Agricole and Societe Generale plans to launch initial public offering for Amundi. Telecom Italia to sell Italiane and raise up to
- Mukesh Buch
- 18 Jun, 2015
- New York City
Indexes in India rose bucking the downtrend in Asia after the U.S. Federal Reserve indicated gradual increase in rates. ONGC plans to invest up to $400 million in Kazakhstan. Bharti agreement with Africa-based Helios Tower to sell its tower assets in Tanzania and Chad are cancelled.
- Nichole Harper
- 17 Jun, 2015
- New York City
U.S. stocks were in holding pattern ahead of rate decision this afternoon from the Fed. Fed fund rates, bank rates for other banks, reached a two-year high of 0.14% average. California State
- Hiruki Nakamura
- 17 Jun, 2015
- New York City
Nikkei average in Tokyo increased and the yen held firm ahead of the U.S. Fed
- Mukesh Buch
- 17 Jun, 2015
- New York City
Allergan agreed to acquire Kythera Biopha for $2.1 billion. Actuant net tumbled 25% on 15% decline in revenues. Adobe net soared 67%. Bob Evans net plunged 57%. FedEx net swung to a loss. La-Z-Boy net soared 66%.
- Nigel Thomas
- 17 Jun, 2015
- New York City
Berkeley profit surged 45% on 31% increase in revenues. Betfair net jumped 69% to
- Marcus Jacob
- 17 Jun, 2015
- New York City
Australian market indexes opened higher following strong lead from international markets and ahead of the U.S. Fed rate decision later today. Woolworths Limited said chief executive Grant O
- Mukesh Buch
- 17 Jun, 2015
- New York City
Central government is expected to hike import duty on steel products. Essar Power Transmission is in merger talks with Adani. TCS and IBM are in a race to win Sweden-based AB Volvo''s IT outsourcing contract worth about $500 million.
- Nichole Harper
- 16 Jun, 2015
- New York City
Market indexes on Wall Street advanced ahead of Fed statement tomorrow and rising merger activities. Coty Inc soared 18% after the company acquired beauty business portfolio from Procter & Gamble. Housing starts plunged but permits soared 11%.
- Mukesh Buch
- 16 Jun, 2015
- New York City
Boeing sold 100 737 MAX 8 passenger jets worth $10.7 billion at a list price to AerCap. Berkshire Hathaway agreed to acquire 3.7% stake in Insurance Australia Group. Cox Automotive agreed to buy Dealertrack for $4 billion. FactSet net soared 19%.
- Nigel Thomas
- 16 Jun, 2015
- New York City
Kier secured contracts worth
- Hiruki Nakamura
- 16 Jun, 2015
- New York City
Stocks in Tokyo closed down and the yen held near its recent lows in cautious trading. Sentiment weakened for the second day after talks between Greece and European lenders collapsed. Kao Corp, the cosmetic maker said first-half sales operating profit increased 3%.