- Hiruki Nakamura
- 02 Apr, 2015
- New York City
Stocks in Japan rebounded and export sensitive sectors led the gainers. Seven & I Holdings said fiscal year revenues increased 7.9% but net income declined 1.5%. Sony cut in half its stake to 5% in Olympus Corp.
- Marcus Jacob
- 02 Apr, 2015
- New York City
Australian market indexes gained on the final day of holiday-shortened week and iron ore prices extended losses to the sixth day in a row. The ongoing correction in the iron ore prices also contributed to the widening of trade deficit in February.
- Nichole Harper
- 01 Apr, 2015
- New York City
U.S. Stocks struggled for the second day in a row. Construction spending fell in February. Crude oil inched back up to $50 a barrel and gold traded above $1,200 an ounce. Two private reports suggested that manufacturing growth slowed and private sector hiring was smaller than expected.
- Mukesh Buch
- 01 Apr, 2015
- New York City
GM said March vehicles sales decreased and Ford sales in the month fell 3.4%, but Fiat Chrysler sales increased 2%. Macerich rejected takeover proposal of $16.8 billion from Simon Property. Synnex net surged 21%. UTi Worldwide net loss widened.
- Hiruki Nakamura
- 01 Apr, 2015
- New York City
Stocks in Tokyo closed down tracking international market weakness. Jastec Co, the software developer, said first-quarter sales jumped 6.6% and net income soared 9.6%. Japan Post forecasted fiscal year revenues to increased 3.9% and net is expected to swing to profit.
- Marcus Jacob
- 01 Apr, 2015
- New York City
Australian stocks faced selling pressure after iron ore prices dropped to a new six-year low and to the lowest in the year. Australian building approvals declined for the fourth month in a row. Lend Lease was deemed as the highest bidder for a $1.6 billion building development project in Singapore.
- Nigel Thomas
- 01 Apr, 2015
- New York City
Asos, online retailer, said profit declined 6% to
- Mukesh Buch
- 01 Apr, 2015
- New York City
Sensex on the first day of fiscal year traded higher as foreign and domestic investors commit additional capital to stocks. Dr.Reddy''s plans to acquire Belgian-based UCB SA
- Nichole Harper
- 31 Mar, 2015
- New York City
World markets extended quarterly gains on the earnings optimism in the U.S., monetary support in the euro zone, Japan and China. S&P 500 index extended gains for the ninth quarter in a row. Oil fell as the U.S. led coalition inch closer to a deal with Iran on nuclear talks.
- Mukesh Buch
- 31 Mar, 2015
- New York City
Charter agreed to acquire Bright House for $10.4 billion. CBRE agreed to buy Johnson Controls
- Nigel Thomas
- 31 Mar, 2015
- New York City
Bertelsmann profit declined 19% to
- Hiruki Nakamura
- 31 Mar, 2015
- New York City
On the final day of the quarter, investors in Japan sold positions to adjust portfolio allocation and the weak auto production report weighed on the market sentiment. Passenger car production declined for the eighth month in a row in February.
- Marcus Jacob
- 31 Mar, 2015
- New York City
Australian market indexes reversed a week-long slump on the hopes that the Bank of China will follow through and provide additional monetary stimulus. Touchcorp, Genetic Signatures and OtherLevels completed public offerings.
- Mukesh Buch
- 31 Mar, 2015
- New York City
Ashok Leyland sold its loss making subsidiary in Europe. Tiger Global lowered its stake in Just Dial and raised $48 million. Larsen & Toubro received contract for about ₹1,432 crore from the Ministry of Defence. Pidilite agreed to acquire 70% stake in Mumbai-based Nina Waterproofing.
- Nichole Harper
- 30 Mar, 2015
- New York City
Merger Monday lifted market indexes on Wall Street and the talks of additional stimulus in China also bolstered indexes in Asia. However, in Europe indexes struggled after Greek bailout plan was deemed inadequate by international lenders.