- Marcus Jacob
- 09 Jun, 2015
- New York City
Australian market indexes declined for the sixth session in a row. New home loans in May increased 1% following 1.6% increase in April. Australian dollar held firm below 78 U.S. cents. Nine Entertainment plunged 18% on lowered earnings outlook for the year.
- Mukesh Buch
- 09 Jun, 2015
- New York City
Reserve Bank of India permitted banks to tighten grip on debt defaulters and force corporate restructuring. Adani Group plans to raise $3.5 billion through global bonds. HDFC plans to raise up to ₹5,000 crore through non-convertible debentures.
- Nichole Harper
- 08 Jun, 2015
- New York City
Market indexes on Wall Street traded lower on the worries that the upbeat jobs report may facilitate rate hike later in the year. Deutsche Bank in Germany overhauled its executive team and European lenders and politicians struggled to find compromise on Greece.
- Mukesh Buch
- 08 Jun, 2015
- New York City
Apollo Global offered $3.3 billion for Saint-Gobain''s Verallia. McDonald''s U.S. comparable stores sales in May declined 2.2%. Argan profit doubled after revenues soared 67%. Sears net loss narrowed as sales plunge. Vail Resorts net soared 13%.
- Nigel Thomas
- 08 Jun, 2015
- New York City
Deutsche Bank replaces current chief executive team. Phoenix IT net swung to profit but revenues declined 7%. Shire is in talk to acquire Switzerland-based rival Actelion for
- Hiruki Nakamura
- 08 Jun, 2015
- New York City
In quiet trading, Nikkei average in Tokyo edged lower for the second day after the economy expanded at a faster-than-expected pace in the first quarter. NTT Data agreed to acquire consulting group in the U.S. for $212 million. Dentsu said May revenues soared across all advertising channels.
- Mukesh Buch
- 08 Jun, 2015
- New York City
Adani Power and Rpower signed an agreement to invest a combined $5.5 billion in Bangladesh. Kotak Mahindra and ING Bank to explore cross border business opportunities.
- Mukesh Buch
- 05 Jun, 2015
- New York City
Cooper Companies net plunged 23%. Esterline net plummeted 46%. Diamond Foods net swung to profit. Gap May same-store sales slid. Opko Health agreed to acquire Bio-Reference Lab for $1.5 billion. Thor net soared 14%. UTi Worldwide net loss narrowed. VeriFone net swung to profit.
- Nigel Thomas
- 05 Jun, 2015
- New York City
U.K. regulatory agency fined Lloyds Banking
- Hiruki Nakamura
- 05 Jun, 2015
- New York City
Nikkei in Tokyo closed down and the yen traded near 12-year low as investors stayed cautious ahead of U.S. jobs data release on Friday. Tokyo Corporation launched a share buyback program. Kirin and Suntory are investing to increase production in the U.S.
- Marcus Jacob
- 05 Jun, 2015
- New York City
Australian market indexes extended weekly losses and the ASX 200 index plunged 4.8% in the week. Nine Entertainment lowered its outlook for the current year. National Australia Bank completed final phase of its $5.5 billion capital raising.
- Mukesh Buch
- 05 Jun, 2015
- New York City
Infosys acquired the U.S. digital e-commerce services provider for $120 million. Nestle India edged down 2% after FSSAI ordered the company to recall nine Maggi noodle versions in India. Adhikari Brothers jumped 4% on 57% increase in revenues.
- Nichole Harper
- 04 Jun, 2015
- New York City
Market indexes on Wall Street dived on weak productivity report. International Monetary Fund urged the Federal Reserve to delay rate hike and lowered its annual growth outlook to 2.5%. Volatility persisted in global bond markets.
- Mukesh Buch
- 04 Jun, 2015
- New York City
Boeing secured an order for 46 commercial aircrafts from China-based Shenzen Airlines. AIG to reduced stake in AerCap and raise $3.7 billion. Costco May same store sales was flat. Five Below net soared 39%. Smucker net swung to a loss.
- Nigel Thomas
- 04 Jun, 2015
- New York City
Market indexes across the euro zone were on the defensive after a persistent sell-off in bond markets. Nomad is in talk to acquire Iglo Foods for