- Marcus Jacob
- 21 Apr, 2015
- New York City
Australian indexes traded higher and the Aussie dollar held firm after the RBA minutes of meeting suggested an easing bias. Rio Tinto said global iron ore production in the first-quarter increased by 12% shipment by 9%. Brambles estimate annual underlying profit to increase 13%.
- Mukesh Buch
- 21 Apr, 2015
- New York City
Du Pont net plunged 29%. Harley-Davidson net slid 1%. IBM profit dropped 2% on 12% decline in revenues. Kimberly Clark profit plummeted 13%. Lockheed Martin profit and revenues declined. TD Ameritrade net swung to profit. Under Armour net fell 2%.
- Nigel Thomas
- 21 Apr, 2015
- New York City
ARM Holdings net surged 36% to
- Mukesh Buch
- 21 Apr, 2015
- New York City
Adani Power agreed to acquire Hyderabad-based Lanco Infratech controlled Udupi Power worth ₹6,300 crore. Sun Pharma said Japan-based Daiichi Sankyo plans to sell its entire stake of 8.3% worth $3.6 billion in the company. Hindustan Zinc said net in the quarter rose 6%.
- Nichole Harper
- 20 Apr, 2015
- New York City
Market indexes on Wall Street soared and crude continued to gain after People
- Mukesh Buch
- 20 Apr, 2015
- New York City
Groupon sell 46% stake in South Korea based e-commerce site. Hasbro profit jumped 4%. Halliburton net loss widened. Lennox Intl net plunged 30%. Morgan Stanley net surged 60% on 10% increase in revenues. Prologis agreed to acquire KTR for $5.9 billion.
- Nigel Thomas
- 20 Apr, 2015
- New York City
Germany led the advance in European markets after a week of losses.Telenet, subsidiary of Liberty Global agreed to acquire Base from KPN for
- Hiruki Nakamura
- 20 Apr, 2015
- New York City
Stocks in Tokyo eased. China offered a large and unexpected stimulus as Chinese regulators crack down on speculative lending supporting a surge of more than 80% in benchmark indexes. Itochu annual sales surged 22% and net income soared 49%.
- Marcus Jacob
- 20 Apr, 2015
- New York City
Australian indexes extended weekly losses after China trimmed reserve ratio requirements for banks by 100 basis points, the largest cut since 2008. OZ Minerals said copper production rose 20% and gold production declined 9% in March quarter. Arrium tumbled 12%.
- Mukesh Buch
- 20 Apr, 2015
- New York City
Stocks in Mumbai traded lower and market indexes dropped 1.9% on earnings jitters and strengthening dollar. JSW said steel production in March jumped 11%. LIC Housing Finance net rose 2%. Titagarh Wagons net surged.
- Nichole Harper
- 17 Apr, 2015
- New York City
Market indexes on Wall Street slumped more than 1%, European markets extended weekly losses and China curbed shadow financing to speculate in stock market. U.S. consumer confidence improved and the cost of living rose in March for a third month in a row.
- Mukesh Buch
- 17 Apr, 2015
- New York City
American Express net jumped 6%. AMD tumbled 14% after net loss widened. GE net swung to a loss on 12% decline in revenues. Honeywell profit climbed 10% but revenues dropped 5%. Schlumberger net tumbled 36%. Seagate profit declined 26%.
- Nigel Thomas
- 17 Apr, 2015
- New York City
Accor first-quarter sales climbed 8% to
- Hiruki Nakamura
- 17 Apr, 2015
- New York City
Stocks in Tokyo struggled as investors awaited corporate earnings next week. Yen firmed up. Nikkei 225 declined to the lowest not seen since April 7 and the broader Topix gained for the third week in a row. Tri-Stage, the advertising company said annual revenues declined 11%.
- Marcus Jacob
- 17 Apr, 2015
- New York City
Australian market indexes reversed some of the weekly gains on weak commodities prices. Aussie dollar remained firm near 78 U.S. cents. Santos Limited first-quarter revenues declined 24% on 7% fall in production.