- Marcus Jacob
- 04 Mar, 2015
- New York City
Australian economic growth was subdued in the final quarter of 2014 as terms of trade worsened. Aussie dollar gained and stock trading turnover was above $5 billion. QBE and Rio Tinto traded ex-dividend.
- 123jump.com Staff
- 04 Mar, 2015
- New York City
Market indexes in Japan declined for the second day in a row and the yen traded near its 4-week low. Hitachi was forced to lift its bid to acquire signalling business of Italian defense and aviation company, Finmeccanica. Nippon Steel to expand its steel in unit in western Japan.
- Mukesh Buch
- 04 Mar, 2015
- New York City
Reserve Bank of India lowered rate in a surprise move only three days after the release of central government budget. Sweden-based Volvo sold its 4.7% stake in Eicher Motors. Adani Group plans to buy port and related assets from Essar Port.
- Nichole Harper
- 03 Mar, 2015
- New York City
U.S. market indexes traded lower and barely managed to rebound from the mid-day lows as health care and technology stocks turned lower. Crude oil traded above $50 a barrel and gold at $1,200 an ounce. Controversial Prime Minister of Israel struggled to make his case to the U.S. lawmakers.
- Mukesh Buch
- 03 Mar, 2015
- New York City
AutoZone net jumped 10%. Best Buy profit surged 77%. Dicks Sporting net soared 12% on 11% increase in revenues. February auto sales at Ford fell 1.9% but Fiat Chrysler sales soared 6% and sales climbed 4.2%. Stage Stores profit surged 8.3%.
- Nigel Thomas
- 03 Mar, 2015
- New York City
Barclays net slid 35% to
- Hiruki Nakamura
- 03 Mar, 2015
- New York City
Stocks in Japan succumbed to sustained selling pressure but traders added exposure to electronics and automakers as the yen inched up to 120 mark against the yen. Takata stepped up air bag production to replace defective bags. Kobe plans to build an automotive body panel plant in the U.S.
- Marcus Jacob
- 03 Mar, 2015
- New York City
Reserve Bank of Australia held rate at 2.25% following a 25 basis point reduction at the last meeting and the Aussie dollar gained. Seasonally adjusted current account deficit declined 21% in the December quarter and value of building approvals in January jumped 29%.
- Mukesh Buch
- 03 Mar, 2015
- New York City
Hero MotoCorp said total two-wheeler sales in February fell 4%. M&M tractor sales plunged 35% and auto sales dropped 10%. Sun Pharma plans to acquire GlaxoSmithKline''s opiates business in Australia. TVS Motor total sales jumped 15%.
- Nichole Harper
- 02 Mar, 2015
- New York City
Market indexes advanced after deals dominated headlines. HP agreed to acquire Aruba Networks for $2.7 billion and Boston Scientific offered to pay $1.6 billion to buy urology business from Endo International. Tech heavy Nasdaq is set to retest the peak it reached fifteen years ago.
- Mukesh Buch
- 02 Mar, 2015
- New York City
Ambac Financial net surged but revenues declined 60%. Boston Scientific agreed to acquire AMS urology business from Endo Intl for $1.6 billion. Endo Intl net loss narrowed after revenues soared 37%. EV Energy net swung to profit. Sothebys net plummeted 18%.
- Nigel Thomas
- 02 Mar, 2015
- New York City
British Land acquired Surrey Quays Leisure Park in Canada Water for
- Hiruki Nakamura
- 02 Mar, 2015
- New York City
Stocks in Tokyo largely reacted to domestic corporate and earnings news. Mitsui OSK signed an agreement with South Korea based Samsung Heavy Industries to build four world
- Marcus Jacob
- 02 Mar, 2015
- New York City
Australian market index traded at a 7-year high ahead of rate decision tomorrow. Over the weekend, China lowered its reference rate and India proposed to increase infrastructure spending in next fiscal year. Myer Holdings forced out chief executive and finance officers.
- Mukesh Buch
- 02 Mar, 2015
- New York City
Stocks in Mumbai extended gains and auto makers report rising sales. Ashok Leyland said total auto sales in February soared 36%. Maruti Suzuki India sales rose 9%.