- Mukesh Buch
- 14 Apr, 2015
- New York City
Fastenal net soared 14% on 9% increase in revenues. Johnson & Johnson profit plunged 9% on 4% decline in revenues. JPMorgan Chase net surged 12% and plans to increase quarterly dividend. Pep Boys net loss widened. Wells Fargo revenues and profit each declined 3%.
- Nigel Thomas
- 14 Apr, 2015
- New York City
Alcatel Lucent surged on merger talks with Nokia. British Land acquired London-based property from Malaysian state pension fund for
- Marcus Jacob
- 14 Apr, 2015
- New York City
Australian Treasurer Joe Hockey said national finances may be affected if iron ore prices continue decline. The price of the iron ore has plunged 60% in the last one year as the four largest mining companies continue to increase supply and China engineers a slowdown.
- Hiruki Nakamura
- 14 Apr, 2015
- New York City
In Tokyo, stocks lacked direction and investors awaited fiscal year outlook and latest year earnings from corporate Japan. Aderans Co Ltd said fiscal year revenues rose 13%. Kohnan Shoji, home improvement retailer reported flat sales.
- Nichole Harper
- 13 Apr, 2015
- New York City
Market indexes opened higher but quickly began descending. Market sentiment was weak on the unexpected shrinkage in China trade, ongoing worries in the euro zone and lack of confidence in the lowered earnings outlook in the U.S.
- Mukesh Buch
- 13 Apr, 2015
- New York City
Builders FirstSource agreed to acquire its rival ProBuild for $1.63 billion. Blackstone Mortgage Trust plans to sell public offering of 17.5 million shares. Commerce Bancshares net declined 9%. Fossil dropped. JetBlue traffic in March climbed 9.2%.
- Nigel Thomas
- 13 Apr, 2015
- New York City
Dassault Aviation secured an order to supply 36 Rafale aircraft to India. Henkel fell on weak outlook for the year. Orad Hi Tec Systems agreed to buy the U.S.-based Avid Technology for
- Hiruki Nakamura
- 13 Apr, 2015
- New York City
Stocks in Tokyo edged lower after domestic core machinery orders in February declined and China reported worst trade data in nearly a year. Genky Stores, drug retailer, said nine-month net income doubled.
- Marcus Jacob
- 13 Apr, 2015
- New York City
Australian stocks turned lower after China said exports and imports contracted. Rising yuan played a role in the sharply lower trade data. Mesoblast soared 24% after the U.S. based Celegen agreed to acquire a 4.5% stake in biopharmaceutical developer.
- Mukesh Buch
- 13 Apr, 2015
- New York City
Consumer price index increase in March slowed to 5.17%. Info Edge to invest in Zomato, restaurant review website operator. L&T signed an agreement with France-based Areva and build a nuclear power plant in Maharashtra. LIC plans to increase its stake in NMDC to 12%.
- Nichole Harper
- 10 Apr, 2015
- New York City
Stocks powered ahead on Wall Street and banks are scheduled to release earnings next week. General Electric announced to sell its GE Finance unit and return to shareholders as much as $90 billion by 20108. Asian markets continued to climb higher as indexes in China, India and Japan extend gains.
- Mukesh Buch
- 10 Apr, 2015
- New York City
Constellation Brands net surged 37%. Excel Trust surged after it agreed to be acquired by Blackstone Property Partners for $15.85 per share. Fidelity National Information Services plunged on weak outlook. GE plans to divest real estate portfolio to Blackstone Group and Wells Fargo for $23 billion.
- Hiruki Nakamura
- 10 Apr, 2015
- New York City
Market indexes in Japan participated in Asia-wide rally as global investors shift attention away from the U.S. The popular Nikkei 225 Average briefly traded above 20,000 and the index in the week jumped 2.4%. Daiken Corp said net income in the year declined 9%.
- Nigel Thomas
- 10 Apr, 2015
- New York City
Carrefour said first-quarter sales soared 6% to
- Mukesh Buch
- 10 Apr, 2015
- New York City
Industrial production in February accelerates to the fastest pace in nine months. Foreign investors continued to lift exposure to stocks and favoured three rating agencies. IndusInd Bank agreed to acquire diamond & jewellery financing business worth $712 million from Scotland-based Royal Bank.