- Marcus Jacob
- 10 Apr, 2015
- New York City
Australian market indexes extended weekly gains and Aussie dollar closed unchanged. Seasonally adjusted home loans approvals in February increased 1.2% from the previous month. Bradken rejected the latest takeover proposal.
- Nichole Harper
- 09 Apr, 2015
- New York City
Market indexes on Wall Street struggled to advance and crude oil gained and weekly jobless claims rose less than expected. European markets advanced after German industrial production rose. Bank of England left its key lending rate on hold.
- Mukesh Buch
- 09 Apr, 2015
- New York City
Alcoa net swung to profit. Apache sell its Australian unit for $2.1 billion. Apogee net surged 73%. Bed Bath & Beyond profit dropped 4%. Buckle March comparable sales slid 0.5%. Costco sales in March fell 2%. Cato same-store sales soared 12%. Walgreens Boots Alliance net surged.
- Nigel Thomas
- 09 Apr, 2015
- New York City
The increase in German industrial production offered the latest evidence of the growing momentum in the largest economy in the euro zone. Bank of England as expected held its reference interest rate. Mylan offered to buy generic drug maker Perrigo for $28.9 billion.
- Hiruki Nakamura
- 09 Apr, 2015
- New York City
Nikkei 225 index in Japan extended the latest advance and closed at a new 15-year high. Weak commodities and yen, supported the gain in indexes. Aeon Mall said revenue in the fiscal year increased 15%. J. Front reported flat sales but earnings tumbled 37%.
- Marcus Jacob
- 09 Apr, 2015
- New York City
Weakening commodities prices in Australia and international markets dragged stock market indexes in Sydney. Construction industry sector index rebounded in March to show an expansion. AGL Energy agreed to gas delivery deal with BHP and Esso Australia for three years.
- Mukesh Buch
- 09 Apr, 2015
- New York City
Wireless telecom stocks declined after the regulatory agency lowered the upper limit on the roaming charges. Reliance Industries extended 2-day rally to 7% after the company is said to have discovered new natural gas field at its KG D6 basin. Vertex plans to increase its stake in GVK Power to 15.24%
- Nichole Harper
- 08 Apr, 2015
- New York City
U.S. stocks lacked direction and crude oil plunged more than 6% to $50 a barrel. The Fed minutes showed that several rate committee members were inclined to wait for the momentum in inflation and wage growths before lifting rates as early as June.
- Mukesh Buch
- 08 Apr, 2015
- New York City
Global Payments net soared 14% on 8% increase in revenues. MSC Industrial net jumped 4%. Rite Aid net surged after reduction of deferred tax asset valuation. RPM Intl net swung to a loss but revenues climbed 10%. Team net swung to profit.
- Nigel Thomas
- 08 Apr, 2015
- New York City
easyJet said passenger traffic in March climbed 7.5% to 5.49 million. Royal Dutch Shell agreed to acquire BG Group for
- Hiruki Nakamura
- 08 Apr, 2015
- New York City
Nikkei in Tokyo soared to a new 15-year high as Bank of Japan kept its monetary expansion plan unchanged and retail investors supported new buying in the market. Current account surplus widened in February after the trade deficit in the month narrowed. Takashimaya Company met earnings expectations.
- Marcus Jacob
- 08 Apr, 2015
- New York City
Australian market indexes closed higher and investors shifted focus to the earnings announcements from banks, resource sector stocks and healthcare companies. Aussie dollar closed below U.S. 78 cents and gold and crude oil declined.
- Mukesh Buch
- 08 Apr, 2015
- New York City
Sensex in Mumbai extended rally to the fourth day on the back of a surge in pharmaceutical stocks and a rise in Coal India. Videocon d2h listed its stock on the Nasdaq and raised $325 million. Union Cabinet tightened the real estate sector regulation bill to prevent the flow of illegal financing.
- Nichole Harper
- 07 Apr, 2015
- New York City
U.S. stocks extended gains for the third day in a row and the dollar remained firm against the euro. Crude oil jumped for the second day and traded above $53 a barrel. India left its interest rate unchanged and Australia held rates at historic low of 2.25%. European markets surged.
- Mukesh Buch
- 07 Apr, 2015
- New York City
Berkshire Hathaway agreed to acquire 8.7% stake in Axalta Coating from Carlyle Group. Greenbrier net surged more than three-fold. Canada divests 73.4 million shares of General Motors. FedEx offered $4.8 billion for TNT, two years after deal with UPS was scuttled. Intl Speedway net tumbled.