- Nigel Thomas
- 07 May, 2015
- New York City
ArcelorMittal net loss widened. Continental profit climbed 12%. Commerzbank net soared 83% to
- Marcus Jacob
- 07 May, 2015
- New York City
Australian market indexes extended losses for the second day in a row and Aussie dollar hovered near 80 U.S. cents. Scentre Group posted higher sales and reaffirmed funds from operations outlook. NAB plans to raise $5.5 billion ahead of exiting the U.K. business.
- Mukesh Buch
- 07 May, 2015
- New York City
Sensex in Mumbai trading declined to a 6-1/2 months low and foreign investors book profit. In 2015, the benchmark index declined 3.3%. Greaves Cotton profit plunged 54%. IIFL Holdings net and revenues surged. KEC International net soared 83%. Sintex Industries net climbed 23%.
- Nichole Harper
- 06 May, 2015
- New York City
Stocks on Wall Street traded lower after comments from Fed Chair Janet Yellen and weaker-than-expected read on productivity. Crude oil continued to advance to new high in 2015. Oil complex companies reported sharply higher losses on weak energy prices.
- Mukesh Buch
- 06 May, 2015
- New York City
Brookfield Asset Management net surged 71%. Chesapeake Energy net swung to a loss after revenues plunged 45%. Herbalife net jumped 5%. Fossil net tumbled 43%. Groupon net loss narrowed. Motorola Solutions profit plummeted 42%. Mylan net tumbled 51%.
- Nigel Thomas
- 06 May, 2015
- New York City
Market indexes across Europe rebounded and retail sales in March fell less than expected. Alstom net swung to a loss of
- Marcus Jacob
- 06 May, 2015
- New York City
Australian market indexes plunged more than 2% on weak corporate results and retail sales were rose less than expected in March. Commonwealth Bank dropped on flat third-quarter cash profit. News Corp posted weak quarterly sales. Australian Securities Exchange revenues for nine months rose 4%.
- Mukesh Buch
- 06 May, 2015
- New York City
Sensex in Mumbai plunged 2.6% after sell orders kicked off by program trading overwhelmed market activities. France-based AXA won an approval to increase its stake to 49% in insurance venture with Bharti.
- Nichole Harper
- 05 May, 2015
- New York City
Stocks on Wall Street traded lower and tech-heavy Nasdaq index declined 1.3%. Oil price jumped above $60 a barrel in New York. Two independent surveys showed service sector expanded in April. Indexes in Shanghai plunged 4%, in Europe fell as much as 2% and declined in India.
- Mukesh Buch
- 05 May, 2015
- New York City
Anadarko Petroleum net loss widened on 60% decline in revenues. Archer Daniels net climbed 85% but revenues plunged. DirecTV net surged 30%. Estee Lauder net soared 28%. Hyatt Hotels net plummeted 28%. Kellogg profit fell. Walt Disney net climbed 10%.
- Nigel Thomas
- 05 May, 2015
- New York City
adidas profit climbed 8%. Lufthansa net swung to profit to
- Mukesh Buch
- 05 May, 2015
- New York City
Stocks in Mumbai traded down and investors focused on corporate earnings. Ashok Leyland sales in April soared 43%. Kotak Mahindra quarterly net climbed 29%. Mangalam Cement net plunged 65%. DLF Limited plans to raise ₹3,600 crore of $450 million through a debt and stock offering.
- Marcus Jacob
- 05 May, 2015
- New York City
Market indexes in Sydney gyrated before and after the rate decision announcement from the Reserve Bank of Australia. RBA lowered its reference rate to historic low of 2% and the central bank highlighted weak economic conditions.
- Nichole Harper
- 04 May, 2015
- New York City
Stocks on Wall Street advanced and crude oil traded higher on the supply glut worries. Markets in Europe jumped more than 1% after a private survey showed factory activities in Germany expanded for the fifth month in a row. Cisco Systems said chief executive John Chambers would step down.
- Mukesh Buch
- 04 May, 2015
- New York City
Berkshire Hathaway net soared 10%. Comcast net climbed 8%. Cognizant profit jumped 10% on 20% increase in revenues. CNA Financial net surged but revenues fell 6%. Loews net climbed 85%. Sysco net dropped 2%. Tyson Foods net surged 45%.