- Mukesh Buch
- 18 Feb, 2015
- New York City
Actavis net loss widened despite 46% surge in revenues. Cinemark net soared. Duke Energy net tumbled 29% but revenues jumped 5%. Fossil plunged 18% on weak outlook. Hilton and Hyatt net soared five-fold. Virgin America net tumbled 73%.
- Nigel Thomas
- 18 Feb, 2015
- New York City
Eni net loss widened to
- Hiruki Nakamura
- 18 Feb, 2015
- New York City
Stocks in Tokyo advanced and the yen edged lower after optimism ran high that Greece and the euro zone will overcome differences. Japan Post offered 50% premium to acquire Australia-based Toll Holdings. Bridgestone said annual net income soared 49%. Electric Power is looking to raise $1 billion.
- Marcus Jacob
- 18 Feb, 2015
- New York City
Australian market indexes soared after Japan Post offered a large premium for the transportation and logistics operator Toll Express. The offer powered other deal driven stocks. Ardent Leisure plunged after declaring a loss in the first-half. Woodside Petroleum revenues and net rise.
- Mukesh Buch
- 18 Feb, 2015
- New York City
Defense sector stocks led the gainers after Prime Minister Modi urged international contractors to transfer technologies to win future bids. Crompton Greaves secured a contract worth ₹119 crore from NTPC. Hero MotoCorp founders lowered stake by 3.5%.
- Nichole Harper
- 17 Feb, 2015
- New York City
Stocks in New York advanced and several indexes flirted with new highs with large and small cap indexes trading at new highs. Tollbooth Index and S&P 500 index traded at record highs. Germany led the improving economic expansion data in the euro zone.
- Mukesh Buch
- 17 Feb, 2015
- New York City
Agios Pharma net loss widened despite a surge in revenues. Genuine Parts sales and profit soared. Goodyear Tire net climbed after one-time tax benefit of $2.2 billion. Medtronic net surged 28%. Waste Management net swung to profit.
- Nigel Thomas
- 17 Feb, 2015
- New York City
Brit agreed to acquire by Fairfax Financial for
- Marcus Jacob
- 17 Feb, 2015
- New York City
Reserve Bank of Australia indicated in its latest minute of meetings that the rate cut was warranted on the weaker than expected economic growth. ANZ reported flat quarterly profit. Coca-Cola Amatil annual revenues declined. Fortescue first-half revenues plunged 17%.
- Hiruki Nakamura
- 17 Feb, 2015
- New York City
Stocks in Tokyo edged lower in international worries. China reported ninth monthly decline in home prices and European finance ministers issued an ultimatum to Greece to stick to bailout terms for any new loan request. The yen gained against the dollar.
- Nigel Thomas
- 16 Feb, 2015
- New York City
Balfour Beatty divest 80% interest in Thanet offshore transmission project for
- Marcus Jacob
- 16 Feb, 2015
- New York City
Australian markets edged up following a rebound in metals and oil prices extended gains for the third week in a row. Total motor vehicles sales in January declined 1.5% to 93,104. QBE Insurance divested three agency businesses. Aurizon, the freight rail operator reported flat first-half sales.
- Hiruki Nakamura
- 16 Feb, 2015
- New York City
Nikkei index in Tokyo closed at a new eight year high after the yen weakened and the economy in the fourth quarter grew but at a slower than expected pace. Fanuc, the robotic equipment maker, plans to invest $1.1 billion by the end of 2016. Yokohama Rubber annual net rose 16%.
- Mukesh Buch
- 16 Feb, 2015
- New York City
Stocks in Mumbai extended gains for the fifth day in a row after trade deficit edged lower. Exports and imports declined 11% and trade gap fell to $8.32 billion. HDFC net surged 13% on 19% increase in revenues. HDFC Bank net climbed 20%. ONGC net plunged 50%. Sun Pharma net fell 7%.
- Nichole Harper
- 13 Feb, 2015
- New York City
Stocks in New York advanced and several indexes flirted with new highs with large and small cap indexes trading at new highs. Tollbooth Index and the S&P 500 index traded at record highs. Germany led the improving economic expansion data in the euro zone.