- Marcus Jacob
- 10 Jun, 2015
- New York City
Australian market indexes halted 6-day losing streak and the Aussie dollar was in focus after comments from the Reserve Bank Governor Glenn Stevens. Westpac Banking Corp is looking to split its retail banking unit. Woolworths plans to invest $650 million in Victoria State.
- Mukesh Buch
- 10 Jun, 2015
- New York City
Active value buyers lifted market indexes in Mumbai and 10-year government bond yield jumped to a six-month high 7.99%. DLF plans to sell its multiplex DT cinemas worth ₹500 crore to PVR. L&T Finance plans to sell a minority stake to the U.S.-based Bain Capital.
- Nichole Harper
- 09 Jun, 2015
- New York City
S&P 500 index rebounded in the late afternoon trading and wholesale sales increased 1.6% in April from the revises 3.3% decline in March. HSBC said it plans to cut 50,000 jobs in seven countries, sell businesses in Brazil and Turkey, and increase its focus in China and Asia.
- Mukesh Buch
- 09 Jun, 2015
- New York City
GE agreed to sell its U.S. sponsor finance business and bank loan portfolio to Canada Pension Plan Investment Board for $12 billion. Burlington Stores net surged 118%. Casey''s General Stores net climbed 98%. H & R Block net fell. Lululemon net more than doubled.
- Nigel Thomas
- 09 Jun, 2015
- New York City
Creston net soared 43% to
- Hiruki Nakamura
- 09 Jun, 2015
- New York City
Nikkei in Tokyo fell the most in five weeks after the dollar retreated from its recent highs. In the session, the dollar touched to a 13-year high. Market indexes across Asia declined on the dollar move and indexes in Jakarta, Philippines and Taiwan plunged at least 1.8%.
- Marcus Jacob
- 09 Jun, 2015
- New York City
Australian market indexes declined for the sixth session in a row. New home loans in May increased 1% following 1.6% increase in April. Australian dollar held firm below 78 U.S. cents. Nine Entertainment plunged 18% on lowered earnings outlook for the year.
- Mukesh Buch
- 09 Jun, 2015
- New York City
Reserve Bank of India permitted banks to tighten grip on debt defaulters and force corporate restructuring. Adani Group plans to raise $3.5 billion through global bonds. HDFC plans to raise up to ₹5,000 crore through non-convertible debentures.
- Nichole Harper
- 08 Jun, 2015
- New York City
Market indexes on Wall Street traded lower on the worries that the upbeat jobs report may facilitate rate hike later in the year. Deutsche Bank in Germany overhauled its executive team and European lenders and politicians struggled to find compromise on Greece.
- Mukesh Buch
- 08 Jun, 2015
- New York City
Apollo Global offered $3.3 billion for Saint-Gobain''s Verallia. McDonald''s U.S. comparable stores sales in May declined 2.2%. Argan profit doubled after revenues soared 67%. Sears net loss narrowed as sales plunge. Vail Resorts net soared 13%.
- Nigel Thomas
- 08 Jun, 2015
- New York City
Deutsche Bank replaces current chief executive team. Phoenix IT net swung to profit but revenues declined 7%. Shire is in talk to acquire Switzerland-based rival Actelion for
- Hiruki Nakamura
- 08 Jun, 2015
- New York City
In quiet trading, Nikkei average in Tokyo edged lower for the second day after the economy expanded at a faster-than-expected pace in the first quarter. NTT Data agreed to acquire consulting group in the U.S. for $212 million. Dentsu said May revenues soared across all advertising channels.
- Mukesh Buch
- 08 Jun, 2015
- New York City
Adani Power and Rpower signed an agreement to invest a combined $5.5 billion in Bangladesh. Kotak Mahindra and ING Bank to explore cross border business opportunities.
- Mukesh Buch
- 05 Jun, 2015
- New York City
Cooper Companies net plunged 23%. Esterline net plummeted 46%. Diamond Foods net swung to profit. Gap May same-store sales slid. Opko Health agreed to acquire Bio-Reference Lab for $1.5 billion. Thor net soared 14%. UTi Worldwide net loss narrowed. VeriFone net swung to profit.
- Nigel Thomas
- 05 Jun, 2015
- New York City
U.K. regulatory agency fined Lloyds Banking