- Mukesh Buch
- 14 Jul, 2015
- New York City
The Wholesale price index declined for the eighth month in a row but on a monthly basis food prices are on the rise. JSW Steel said crude steel production in first-quarter advanced 10%. NIIT Technologies net surged 36%.
- Nichole Harper
- 13 Jul, 2015
- New York City
World markets for now welcomed a tentative deal between European lenders and Greece. However, Greece is facing an uphill task in implementing unpopular reforms and reduce fiscal gap and lift revenues and the euro is likely to come under more pressure. Merger Monday saw three billion dollars deals.
- Hiruki Nakamura
- 13 Jul, 2015
- New York City
Nikkei average in Tokyo jumped 1.6% and the yen held firm after a last minute deal between Greece and lenders lifted sentiment for the day. Astellas Pharma said it completed its latest stock buyback plan. Nippon Express sales and earnings in the quarter rose more than expected.
- Marcus Jacob
- 13 Jul, 2015
- New York City
Australian stocks and dollar edged lower after Greece and European leaders hammered out a deal that may not be possible to implement. Amcor agreed to acquire India-based packaging company. Australand agreed to sell industrial property to Growthpoint.
- Mukesh Buch
- 13 Jul, 2015
- New York City
MPLX plans to buy Markwest Energy for $20 billion. BorgWarner agreed to buy Remy Intl for $950 million. Black Hills agreed to acquire SourceGas for $1.9 billion. Jarden plans to acquire U.K.-based Waddington for $1.4 billion.
- Nigel Thomas
- 13 Jul, 2015
- New York City
European markets extended gains and international investors remained sceptical of the latest accord between lenders and Greece. Platform Specialty Products plans to acquire Alent
- Mukesh Buch
- 13 Jul, 2015
- New York City
Markets rebounded in Mumbai and the latest agreement between the lenders and Greece was viewed with scepticism. IndusInd Bank said quarterly net climbed 25% on 20% increase in revenues. Unichem Lab profit slipped 5%. IL&FS Transportation won a road project in Jharkhand.
- Mukesh Buch
- 10 Jul, 2015
- New York City
P&G agreed to sell its 43 beauty brands to Coty for $12.5 billion. Barracuda net swung to a loss but revenues jumped 18%. Dover lowered fiscal outlook. Helen of Troy net surged 24%. PriceSmart revenues soared 13%. PTC lowered revenues and earnings forecast.
- Nichole Harper
- 10 Jul, 2015
- New York City
Stocks on Wall Street gained and market indexes jumped ahead of yet another deadline this Sunday for Greece. Oil price decline is expected to last in 2016 as the U.S. shale oil supply continues to grow but at a slower pace.
- Hiruki Nakamura
- 10 Jul, 2015
- New York City
Nikkei average in Tokyo edged lower but markets in Asia returned normality after regulatory steps in China calmed world markets. Oil, natural gas and iron ore continued to trade with negative bias in Asia. Asahi Glass said first-half sales rose 2%.
- Nigel Thomas
- 10 Jul, 2015
- New York City
Fraport passenger
- Marcus Jacob
- 10 Jul, 2015
- New York City
Australian market indexes returned to positive undertone after markets in China rose for the second day in a row but commodities prices remained week in Asia. Home loan values and total number of loans issued declined in May in Australia. Transurban reported toll revenues in June quarter surged 70%.
- Mukesh Buch
- 10 Jul, 2015
- New York City
TCS said quarterly profit climbed 53% and revenues rose 6%. GRUH Finance net jumped 20% on 22% increase in revenues. Wipro agreed to acquire Denmark-based Designit for ₹595 crore or
- Nichole Harper
- 09 Jul, 2015
- New York City
Indexes on both sides of Atlantic rose after China halted market slide and hope ran eternal in the euro zone. Athens government is scheduled to offer its list of reforms before the Sunday deadline. Alcoa kicked off earnings season with earnings falling short of expectations.
- Mukesh Buch
- 09 Jul, 2015
- New York City
Alcoa revenues were ahead of expectations but earnings lagged. LKQ agreed to acquire PartsChannel. PepsiCo net was flat after sales declined 6%. Peabody sells its Australian mine. Walgreens Boots Alliance net surged.