- Mukesh Buch
- 09 Mar, 2015
- New York City
Markets in India tracked lower indexes in Asia following the growing worries that the U.S. Federal Reserve may lift rates sooner than expected. Ambuja, Hindalco, Jaypree and Jindal Steel won coal mining rights. DLF announced a plan to restructure debt-laden ₹15,000 crore projects.
- Nichole Harper
- 06 Mar, 2015
- New York City
Market indexes on Wall Street dropped more than 1% after the latest jobs report fueled the sooner than expected increase in interest rate. In addition, the weakening euro also dampened the outlook for earnings growth at multinational companies.
- Mukesh Buch
- 06 Mar, 2015
- New York City
Buckle comparable store sales in February fell 3%. Big Lots net jumped 6%. Cooper net plunged 15%. Foot Locker net surged 21%. Fresh Market jumped more than ten-fold on 13% increase in revenues. Gap comparable store sales dropped 4%. Staples net climbed 23%.
- Nigel Thomas
- 06 Mar, 2015
- New York City
Continental net surged 24% to
- Hiruki Nakamura
- 06 Mar, 2015
- New York City
Market indexes in Japan extended gains for the second day and the yen eased after the ECB lifted inflation and growth estimates. For the week, the Nikkei index gained 0.9% and the yen traded above 120 mark.
- Marcus Jacob
- 06 Mar, 2015
- New York City
Australian market indexes traded lower and for the week declined 0.5% after China lowered its growth estimate and iron ore prices continued to drift lower. Six smaller resource companies in the ASX 200 index will be replaced by retail, healthcare and travel management companies.
- Nichole Harper
- 05 Mar, 2015
- New York City
Stocks lacked direction in New York and the dollar edged higher. ECB President Draghi offered sovereign bond purchase plan details and also lifted growth and inflation targets. Crude oil and gold eased.
- Mukesh Buch
- 05 Mar, 2015
- New York City
AbbVie agreed to acquire Pharmacyclics for $21 billion. Citigroup divested its 10% stake in Turkey-based Akbank TAS for $1.2 billion at a loss. Costco net surged 29%. Ciena and H & R Block net loss narrowed. Kroger profit rose 2%.
- Nigel Thomas
- 05 Mar, 2015
- New York City
European Central Bank estimated higher and accelerating growths well into 2017 and said inflation target is within reach. adidas yearly net tumbled 38% to
- Hiruki Nakamura
- 05 Mar, 2015
- New York City
Stocks in Tokyo advanced after retreating for two days in a row and the Bank of Japan stepped up purchase of ETFs for the first time in three weeks. Pharmaceutical stocks were in focus for the second day on above average dividend yield.
- Marcus Jacob
- 05 Mar, 2015
- New York City
Australian trade deficit in January surged on weak commodities prices and retail sales in the month accelerated to 0.4% increase. Fortescue announced a plan to refinance debt and extend bank loans. Woodside won a regulatory approval to acquire Western Australia energy assets.
- Mukesh Buch
- 05 Mar, 2015
- New York City
Adani Power and JSW Steel won coal mining rights in Jharkhand. Crompton Greaves received three orders from Energy Efficiency Services. KEC International won orders worth ₹1,243 crore. RInfra plans to buy 18% stake at ₹819 crore in Pipavav Defence.
- Nichole Harper
- 04 Mar, 2015
- New York City
Market indexes declined for the second day in a row and February auto sales increased less than expected. GM, Chrysler and Nissan reported rising sales but Ford sales declined.
- Mukesh Buch
- 04 Mar, 2015
- New York City
Abercrombie & Fitch net plunged 33% on 14% decline in revenues. American Eagle net surged 487%. Bob Evans net fell 4% but sales climbed 5%. L.B. Foster net dropped 17%. Navistar net loss narrowed. Wayfair net loss widened.
- Nigel Thomas
- 04 Mar, 2015
- New York City
Fresnillo net tumbled 55% to $108 million. Henkel net jumped 3% to