- Nichole Harper
- 11 May, 2015
- New York City
On Merger Monday market indexes trended lower and European markets closed down. Crude oil and gold turned lower. Greece said it is set to release payment due to the IMF tomorrow. Shanghai index surged 3% after China lowered rate for the third time in six months.
- Mukesh Buch
- 11 May, 2015
- New York City
Actavis net swung to a loss but revenues soared 60%. AES net swung to profit while revenues plunged 7%. DISH Network profit surged two-fold. Dean Foods net loss widened. Noble Energy agreed to acquire Rosetta Resources for $2.1 billion plus net debt of $1.8 billion.
- Nigel Thomas
- 11 May, 2015
- New York City
Agnelli family divested 75% stake in its U.S.-based Cushman unit to DTZ for $2 billion. GEA profit declined 14% but revenues jumped 6%. Lonmin pretax loss narrowed. Talanx profit jumped 16%.
- Hiruki Nakamura
- 11 May, 2015
- New York City
Nikkei average in Tokyo rebounded after China lowered its one-year lending and deposit rate by 25 basis points over the weekend. Toshiba plunged 17% after the conglomerate expanded its accounting investigation. Suzuki Motor estimate fiscal year net to rise 14%. Sega Sammy swung to annual loss.
- Mukesh Buch
- 11 May, 2015
- New York City
Sensex in Mumbai Gains ahead of inflation and industrial production data tomorrow. Adani Power net in the quarter soared 72%. Bank of Baroda quarterly net plunged 48% but bad loan ratio fell to 1.9%. Kansai Nerolac Paints net increased 5%.
- Marcus Jacob
- 11 May, 2015
- New York City
Australian market indexes opened higher but struggled to advance ahead of Federal Budget tomorrow. PanAust Limited backed a sweetened takeover offer of $1.2 billion from China controlled company.
- Nichole Harper
- 08 May, 2015
- New York City
Stocks on Wall Street jumped more than 1% after April jobless rate fell to 5.4% and net monthly new jobs increased by 223,000 from revised 85,000 in March. Indexes in Europe jumped also after Prime Minister David Cameron led Conservative Party won a slim but outright majority in the U.K. elections.
- Mukesh Buch
- 08 May, 2015
- New York City
AOL net plunged 25% but revenues climbed 7%. CBS net declined 16%. Consolidated Edison net rose 3%. HRG net loss widened. McDonald''s U.S. comparable sales in April dropped 2.3%. NVIDIA net fell 2%. NRG Energy net loss widened.
- Nigel Thomas
- 08 May, 2015
- New York City
BG net tumbled 51% to $565 million on 21% decline in revenues. Laird forecasted revenues in the first-quarter climbed 24% to
- Hiruki Nakamura
- 08 May, 2015
- New York City
Shares in Tokyo struggled to advance on mixed earnings report and weak international trade data from China. Toyota annual net soared 19% on 6% increase in sales. Fast Retailing April sales surged 20%. Mitsui & Co annual net plunged 13%. Olympus net in the fiscal year swung to a loss.
- Marcus Jacob
- 08 May, 2015
- New York City
Australian market indexes closed down in late afternoon sell-off and weak China trade data dented sentiment. Macquarie Group said annual net increased 26% and assets under management soared 14%.
- Mukesh Buch
- 08 May, 2015
- New York City
Market staged a technical rebound on short covering and weaker-than-expected earnings from Punjab National, Hero MotoCorp and Titan. BASF India quarterly net swung to a loss. Blue Dart net and revenues jumped 13%. Hindustan Unilever profit climbed 17%.
- Nichole Harper
- 07 May, 2015
- New York City
Deals dominated market trading on Wall Street and indexes rebounded in early afternoon from the morning slump. Weekly claims of unemployment hovered near 15-year low last week despite uneven and moderate economic growth.
- Hiruki Nakamura
- 07 May, 2015
- New York City
Nikkei share average in Tokyo declined after nearly a weeklong holiday and investors reacted to weakening international markets. Monetary base in April increased 36% in Japan. Nintendo annual net sales declined 4% and net swung to profit.
- Mukesh Buch
- 07 May, 2015
- New York City
Apache net swung to a loss. Alexion Pharma agreed to acquire Synageva for $8.4 billion. Becton, Dickinson net tumbled 25%. Icahn Entp net swung to profit. Maximus net declined 6%. Priceline net rose but Tripadvisor net declined 7%. Whole Foods profit surged 11%.