- Mukesh Buch
- 27 Apr, 2015
- New York City
Market indexes in Mumbai turned lower and rupee dropped to a five-month low. Bharti Infratel net in the quarter jumped 18%. ICICI Bank net and revenues climbed. Maruti Suzuki India net soared 61%. Ultratech Cement net declined 24% but revenues rose 5%.
- Manish Shah
- 24 Apr, 2015
- New York City
Nasdaq index extended gains for the second day and reached a new intra-day 15-year high on strong quarterly results from Amazon, Google and Microsoft. Comcast abandoned its proposed $45 billion merger with Time Warner Cable after regulators raised competition issues.
- Manish Shah
- 24 Apr, 2015
- New York City
Amazon net swung to a loss. Biogen profit surged 71%. Comcast terminate its $45.2 billion deal. DTE Energy net tumbled 16%. Google profit jumped 4%. LyondellBasell net surged 24%. Microsoft net plummeted 12%. Starbucks net climbed 16%. Xerox net slumped 20%.
- Nigel Thomas
- 24 Apr, 2015
- New York City
European markets turned volatile and euro zone ministers concluded yet another meeting with Greece with no progress on hand. Air Liquide revenues climbed 7%. AstraZeneca profit soared 9%. HSBC plans to relocate headquarter to Hong Kong. Renault sales soared 14%. Reckitt Benckiser sales rose 1%.
- Hiruki Nakamura
- 24 Apr, 2015
- New York City
Nikkei in Tokyo closed lower on Friday but gained 1.9% in the week when the index closed above for the first time in 15 years. Exedy Corp said fiscal year net declined 23%. Mitsubishi Motors estimated first-half sales to decline 1.5%. Monex Group fiscal year net plunged 67%.
- Marcus Jacob
- 24 Apr, 2015
- New York City
Australian market indexes jumped 1.5% on the rebound in iron ore price and tech stocks. In active trading, stocks and Aussie dollar edged higher. ResMed plunged on weaker than expected quarterly results. Mount Gibson Iron reaffirmed its annual outlook.
- Mukesh Buch
- 24 Apr, 2015
- New York City
Gujarat Gas said net in the quarter soared 27%. Infosys net and revenues dropped. Steel Strips Wheels revenues fell 3%. Mahindra & Mahindra net jumped 9% on 14% increase in revenues.
- Nichole Harper
- 23 Apr, 2015
- New York City
Nasdaq index passed the high set 15 years ago after the latest earnings from eBay and other tech companies. 10-year German bond yield declined from the record high. Deutsche Bank agreed to settle Libor rate manipulation investigation. Corporate finance activities heat up in India.
- Mukesh Buch
- 23 Apr, 2015
- New York City
3M net slid 0.8%. BB&T net fell 2%. Caterpillar net soared 20%. Domino''s Pizza profit jumped 9%. Eli Lilly net tumbled 27%. eBay net swung to profit. Facebook net plunged 20%. GM profit surged eight-fold. PepsiCo net was flat. PG profit slumped 5%. Qualcomm net plummeted 46%.
- Nigel Thomas
- 23 Apr, 2015
- New York City
European markets traded lower after economic activities were deemed to be slowing in a private survey. Ericsson profit declined 14%. Novartis profit plunged 6% to $2.3 billion on 7% decrease in revenues. WPP revenues in the first-quarter climbed 8%.
- Hiruki Nakamura
- 23 Apr, 2015
- New York City
With corporate earnings in focus, Nikkei index closed above 20,000 for the second day in a row after fifteen years. CyberAgent said second-quarter revenues rose 29%. JFE Holdings said annual net rose 36%. JSR Corp said net gained 19% on nearly flat revenues.
- Marcus Jacob
- 23 Apr, 2015
- New York City
Australian market indexes closed higher in volatile trading and the Aussie dollar held firm. Business confidence and conditions in the March quarter declined according to NAB survey. Fortescue Metals soared 9% after strong demand for its bond offering.
- Mukesh Buch
- 23 Apr, 2015
- New York City
Corporate fund raising activities pick up steam and Jet Airways, Biocon and Ramco Software are preparing to raise as much as $1.1 billion. HDFC Bank said net in the quarter jumped 21% on 22% increase in revenues. MRF net soared 95%. L&T Finance net rose 10%.
- Nichole Harper
- 22 Apr, 2015
- New York City
Stocks traded mixed on Wall Street and crude oil rebounded to a new high in the year. Existing home sales in March increased 6.3% to 5.2 million units. McDonald
- Mukesh Buch
- 22 Apr, 2015
- New York City
Abbott net surged. Amgen net soared 51% on 11% increase in revenues. Boeing profit climbed 39%. McDonald''s net tumbled 33% after revenues plunged 11%. Coca-Cola profit dropped 4%. Yahoo! Net plunged 93%. Yum! Brands net declined 9%.