- Mukesh Buch
- 17 Apr, 2015
- New York City
Tata Consultancy, the largest India-based software services provider said quarterly net rose 8%. Reliance Industries reported quarterly income increased 11% but weak crude oil price dragged revenues down 35%. CRISIL said net in the quarter declined 18%. LIC increased its stake in Hindalco.
- Nichole Harper
- 16 Apr, 2015
- New York City
Stocks struggled on Wall Street and banks reported higher than expected earnings. Goldman Sachs earnings soared offering another sign of the rebounding profits on Wall Street. German bond yields dropped closer to zero.
- Mukesh Buch
- 16 Apr, 2015
- New York City
Blackstone net more than doubled. Citigroup profit climbed 23% but revenues dropped 3%. Goldman Sachs net soared 41% on 14% increase in revenues. Netflix net tumbled 55% but revenues jumped 24%. UnitedHealth revenues and net surged 13%.
- Nigel Thomas
- 16 Apr, 2015
- New York City
Debenhams pre-tax profit jumped 4% to
- Nigel Thomas
- 16 Apr, 2015
- New York City
German government bond yield dropped near zero a day after the European Central Bank reaffirmed its commitment to bond-purchase program and print vast amount of new money. Greek bond yields jumped to new high as debt negotiations drag on.
- Hiruki Nakamura
- 16 Apr, 2015
- New York City
Japanese stocks traded lower and the food industry index fell after leading all other industries in the year with a surge of 18%. Energy stocks led the gainers in the session after crude oil price jumped to a new 2015-high. Sharp Corp soared on the hopes of restructuring.
- Mukesh Buch
- 16 Apr, 2015
- New York City
Australian market indexes rebounded after a decline in jobless rate and a slight rise in motor vehicle sales. The recent one-week-long rise in crude oil prices lifted energy stocks. Fortescue Metals, the third largest iron ore miner in Australia, reported 9% decline in cash cost to $25.90 a ton.
- Sarla Buch
- 16 Apr, 2015
- New York City
Stocks in Mumbai traded lower ahead of earnings announcements. Gammon secured two new projects. IndusInd Bank said net in the fourth-quarter jumped 25%. Tata Steel production fell 1%. TCS, the flagship company of Tata Group reported flat quarterly sales. Tata Motors March global sales rise 9%.
- Nichole Harper
- 15 Apr, 2015
- New York City
Market indexes on Wall Street traded higher and Bank of America reported profit in the first-quarter of 2015. European Union alleged Google with anti-competitive practice of directing traffic to its own shopping services ahead of rivals.
- Mukesh Buch
- 15 Apr, 2015
- New York City
Bank of America net swung to profit but revenues declined 6%. CSX net climbed 11% on flat revenues. Delta Air Lines net soared more than two-fold. Intel net rose 3% after flat revenues. PNC Financial net declined 6%. U.S. Bancorp profit rose 3%.
- Hiruki Nakamura
- 15 Apr, 2015
- New York City
Market indexes in Japan closed nearly flat after the recent run up in anticipation of higher earnings driven by weaker yen. Drug makers led the decliners. Chip equipment makers dropped after Intel lowered its capital spending plan in the current year.
- Nigel Thomas
- 15 Apr, 2015
- New York City
The ECB left rates on hold and Draghi said stimulus is working. ASML profit surged 32% on 11% increase in revenues. EXOR offered to acquire PartnerRe Ltd for $6.4 billion. Burberry said revenues in the second-half soared 10%. JD Sports net jumped 30% and revenues climbed 25%.
- Marcus Jacob
- 15 Apr, 2015
- New York City
Australian market indexes closed lower after banks led the decliners in Sydney. Resource stocks traded higher following an upswing in iron ore price. Freelancer Ltd soared 9% after the online marketplace operator reported record first-quarter revenue.
- Mukesh Buch
- 15 Apr, 2015
- New York City
Wholesale prices in India declined for the fifth month in a row in March on lower food prices and weakening global oil prices. ACC net in the first-quarter plunged 41%.
- Nichole Harper
- 14 Apr, 2015
- New York City
Stocks traded higher after JP Morgan reported better-than-expected earnings and crude oil advanced. Seasonally adjusted retail sales in March 0.9% and wholesale price index rose 0.2% in the month.