- Mukesh Buch
- 23 Feb, 2015
- New York City
Market indexes in India declined for the second day in a row ahead of financial budge from the central government. GMR Infra and DLF plans to sell projects to private equity firms. Monnet Ispat won the coal block in Chhattisgarh. Rajesh Exports secured an order from UAE.
- Nichole Harper
- 20 Feb, 2015
- New York City
U.S. market indexes turned lower from record highs after Greece and euro zone ministers began debt talks in Brussels as the deadline looms. Crude oil extended losses for the third day in a row. Nordstrom rose on earnings and Intuit gained narrowed loss.
- Mukesh Buch
- 20 Feb, 2015
- New York City
Echostar net surged 68%. Deere & Co profit tumbled 43% on 17% decline in revenues. Intuit net loss widened but revenues jumped 3%. Marvell Technology revenues and profit plunged. Nordstrom net declined 5% while net sales climbed 9%.
- Nigel Thomas
- 20 Feb, 2015
- New York City
European markets were in holding pattern after Greek debt negotiation fatigue sets in. Greek depositors accelerated bank withdrawals ahead of the Brussles talk which are expected to lead nowhere. Greece may impose Cyprus-style controls this long weekend to stem the rising tide of outflow.
- Hiruki Nakamura
- 20 Feb, 2015
- New York City
Nikkei stock average in Tokyo extended weekly gain and banks and financial services led the gainers. For the week, Nikkei index gained 2.3% on yen weakness. ANA is looking to offer financial support to the bankrupt Skymark Airlines.
- Marcus Jacob
- 20 Feb, 2015
- New York City
Australian market indexes eased and the Aussie dollar spiked above 78 U.S. cents. For the week, market indexes closed flat as investors worried the fate of Greek debt negotiations. Santos Ltd annual revenues rose 12% but swung to net loss. James Hardie reported rising revenues across all markets.
- Mukesh Buch
- 20 Feb, 2015
- New York City
Foreign investors continue to increase exposure to stocks in India with the focus on infrastructure and consumer products companies. Ultratech Cement won the Bicharpur coal block worth ₹3,003 per ton in MP.
- Nigel Thomas
- 19 Feb, 2015
- New York City
Germany rejected immediately the loan extension proposal requested by Greece and finance ministers in the euro zone are scheduled to meet on Friday.
- Nichole Harper
- 19 Feb, 2015
- New York City
U.S. stocks reversed earlier decline after earnings from Wal-Mart Stores, Priceline, Direct TV and Discovery Communications. High drama of Greek debt negotiations continued as finance ministers set a meeting on Friday to discuss the latest proposal.
- Mukesh Buch
- 19 Feb, 2015
- New York City
Ball Corp agree to acquire U.K.-based rival Rexam for $6.85 billion. DIRECTV net dropped 4% and the number of subscribers rose. Discovery Communications net plunged 14%. Hormel Foods net surged 12%. Priceline revenues and net jumped 20%. Wal-Mart profit climbed 12%.
- Nigel Thomas
- 19 Feb, 2015
- New York City
Centrica net swung to a loss of
- Hiruki Nakamura
- 19 Feb, 2015
- New York City
The benchmark index in Tokyo closed at a high not seen since 2000 after a catch up rally in large banks powered the latest market advance. Trend Micro soared 6% after the anti-virus software maker estimated higher than expected profit.
- Marcus Jacob
- 19 Feb, 2015
- New York City
Australian market indexes declined and trading volume jumped to the high in the year-so-far. Aussie dollar inched towards 78 U.S. cents but prices of iron ore and oil edged lower. Wesfarmers Ltd first-half net declined and Crown Resorts reported better-than-expected results.
- Mukesh Buch
- 19 Feb, 2015
- New York City
Market averages in Mumbai traded higher for the seventh session in a row. Ambuja Cements said net rose 4%. Bharat Forge signed a multi-year contract with the airplane maker Boeing Co. RPP Infra won an order from Karnataka. Supreme Infra net plunged 89%. SKF India net dropped 16%.
- Nichole Harper
- 18 Feb, 2015
- New York City
U.S. stocks traded sideways and investors focused on domestic earnings and overlooked Friday deadline for Greece to submit loan extension. U.S. housing starts declined 2% in January and permits declined 0.7% and industrial production gained 0.2%.