- 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%.
- Nigel Thomas
- 22 Apr, 2015
- New York City
Credit Suisse net surged 23% but revenues dropped 3%. Eurotunnel first-quarter revenues climbed 10%. Roche group sales jumped 5% to 11.8 billion Swiss francs. Richemont forecasted profit to drop 36%. Tesco net swung to a loss of
- Hiruki Nakamura
- 22 Apr, 2015
- New York City
Market indexes in Tokyo advanced and the popular Nikkei average jumped above 20,000 for the first time in fifteen years. Chugai Pharmaceuticals said fiscal year sales declined 5.6%. Idemitsu Kosan estimated wider annual loss.
- Marcus Jacob
- 22 Apr, 2015
- New York City
Australian market indexes and the Aussie dollar weakened after the latest inflation data showed weakening consumer prices. The annual inflation rate declined the most at the end of March quarter from the previous rate in December in four decades.
- Mukesh Buch
- 22 Apr, 2015
- New York City
Market indexes in Mumbai rebounded and the rupee eased. Yes Bank net income in the quarter jumped 28% and Wipro net in the quarter rose 2% on 4% increase in revenues.
- Nichole Harper
- 21 Apr, 2015
- New York City
On Wall Street market indexes struggled to rise and investors remained cautious on the earnings front. The rise of dollar against the euro and collapse in oil and commodities prices are expected to offer a strong headwinds to earnings. Mylan soared on a takeover approach by Teva.
- Hiruki Nakamura
- 21 Apr, 2015
- New York City
Tokyo market indexes closed higher following a rebound in New York and European markets. Daiichi Sankyo said it plans to exit from its investment in India-based generic pharmaceuticals maker Sun Pharma. Yamada Denki said latest fiscal year declined 1.7%.