- Hiruki Nakamura
- 14 May, 2015
- New York City
Rising bond market yields hovered stock market sentiment in Tokyo and 10-year Japanese government bond yield jumped to a two-month high of 0.47%. Railroad company stocks declined. Konica Minolta announced stock buyback and dividend hike. Toshiba plans to write down earnings in last three years.
- Marcus Jacob
- 14 May, 2015
- New York City
Australian market indexes traded lower and the Aussie dollar strengthened. Graincorp reported a decline in interim profit but held out for its annual outlook. ResMed plunged 18% after clinical results of heart failure and central apnoea failed to deliver results.
- Mukesh Buch
- 14 May, 2015
- New York City
Castrol India said net in the quarter soared 46%. Emami net climbed 25%. Oriental Bank net swung to profit. Pantaloons Fashion net loss narrowed. Umang Dairies net remained unchanged but revenues dropped.
- Nichole Harper
- 13 May, 2015
- New York City
Market indexes on Wall Street trimmed morning gains and retail sales in April were flat. Danaher Corp agreed to acquire Pall Corp for $13.8 billion in cash. Senate Democrats blocked President Obama
- Mukesh Buch
- 13 May, 2015
- New York City
Macy''s net declined 14%. McKesson profit tumbled 64%. Precision Castparts net plummeted 72%. Ralph Lauren net plunged 19%. TubeMogul net loss narrowed. Zillow net swung to profit.
- Hiruki Nakamura
- 13 May, 2015
- New York City
Market indexes in Japan lacked direction and current account in March widened to the largest since 2008. Separately, finance ministry said seasonally unadjusted exports increased 6.2% and imports declined 0.6%. Softbank annual net soared 29%.
- Nigel Thomas
- 13 May, 2015
- New York City
Markets across Europe stabilized after economic growth accelerated in March quarter. AP Moeller net surged but revenues plunged 10%. ABN AMRO profit soared 75% to
- Marcus Jacob
- 13 May, 2015
- New York City
Australian market indexes traded higher and the Aussie dollar held below 80 U.S. cents. BHP Billiton said it plans to cut its capital spending to $9 billion in fiscal year 2016 from $12.6 billion in fiscal 2015 and lower its iron ore production cost to $16 a ton.
- Mukesh Buch
- 13 May, 2015
- New York City
Sensex index in Mumbai surged 1.3% and 10-Year bond yield closed at 7.94%. Reliance Jio raised $750 million from a Korean lender to roll out its 4G telecom services. Ashok Leyland said revenues soared 47%. Adani net plunged 74%. Lupin net fell 1%. Torrent Power net rose 2%.
- Nichole Harper
- 12 May, 2015
- New York City
Market indexes on both sides of Atlantic traded lower as investors worried that the five-year long rally may be nearing an end as investors hover near record highs. Verizon Communications agreement to acquire to AOL Inc is likely to destroy shareholder value one more time.
- Mukesh Buch
- 12 May, 2015
- New York City
FibroGen net loss widened after revenues declined 9%. Gap said April sales declined 9% and sales in the quarter dropped 3%. Leidos Holdings net climbed 11%. Verizon agreed to acquire AOL for $4.4 billion.
- Nigel Thomas
- 12 May, 2015
- New York City
Allianz net climbed 11% to
- Hiruki Nakamura
- 12 May, 2015
- New York City
Nikkei average in Japan closed nearly unchanged and investors focused on another batch of corporate earnings. Nomura said annual net rose 5% and revenues rose 4%. Ebara and Hoya jumped but Bridgestone, Takata and Taiyo Yuden declined on earnings.
- Marcus Jacob
- 12 May, 2015
- New York City
Australian federal budget offered incentives for small businesses and capital investments and softened unemployment burden for youth. In cautious approach, the government estimated annual iron ore price at $48 a ton and coal price at $90 a ton. Qantas surged after reporting a drop in fuel costs.
- Mukesh Buch
- 12 May, 2015
- New York City
Market indexes in volatile trading dropped and rupee dropped to a 2015-low. Apollo Tyres said net in the quarter rose 9% but revenues slipped 4%. Dr.Reddy''s Lab net jumped 8% on 10% increase in revenues. Union Bank net in the quarter slipped 23%.