- Nichole Harper
- 02 Jun, 2015
- New York City
Market indexes on Wall Street gyrated and the euro advanced against the dollar and investors awaited outcome of the protracted Greek negotiations. Auto industry sales increased in May was led by Chrysler with 4% increase followed by 3% sales gain at GM.
- Hiruki Nakamura
- 02 Jun, 2015
- New York City
Nikkei in Tokyo halted a 12-day rally and yen traded sideways following mixed closings in New York and in Europe. Japan Tobacco
- Nigel Thomas
- 02 Jun, 2015
- New York City
British American Tobacco
- Mukesh Buch
- 02 Jun, 2015
- New York City
Conn''''s net tumbled 45%. Cracker Barrel profit surged 23%. Dollar General net soared 14%. Delta Air Lines May traffic jumped 3%. Ford May sales slid 1% but Fiat Chrysler sales climbed 4% while GM sales rose 3%. Medtronic net swung to a loss. PVH net surged more than two-fold.
- Mukesh Buch
- 02 Jun, 2015
- New York City
Sensex in Mumbai plunged more than 2% after Reserve Bank of India cited rising inflation risks and suggested that the latest rate cut may not be followed with additional cuts. Hero MotoCorp, Bajaj Auto and M&M sales decline. Tata Motors total sales jumped 5%.
- Nichole Harper
- 01 Jun, 2015
- New York City
Market indexes reversed early decline on Merger Monday. Intel finalized its deal to acquire Altera for $17 billion in an all cash transaction. U.S. consumers in April used savings from cheaper gas prices to pay down debt and not increase spending.
- Mukesh Buch
- 01 Jun, 2015
- New York City
GE initiated bidding process for its US-based commercial lending unit valued at $40 billion. Intel agreed to acquire smaller chip maker Altera Corporation for $16.7 billion. Dollar Tree will sell 330 Family Dollar stores to Sycamore Partners. XPO Logistics to raise $3.3 billion in an offering.
- Nigel Thomas
- 01 Jun, 2015
- New York City
British American Tobacco agreed to acquire TDR for
- Hiruki Nakamura
- 01 Jun, 2015
- New York City
Stocks in Japan closed higher as Nikkei advanced in the longest rally since February 1998. Market indexes in Shanghai soared 4.7% and market indexes have soared 50% in the year so far. Fujifilm and Fanuc announced shareholder friendly moves.
- Marcus Jacob
- 01 Jun, 2015
- New York City
Australian market indexes traded lower and property stocks closed down and investors digested several economic data. Home prices fell for the first time in six months in May and domestic manufacturing activities expanded in the month.
- Mukesh Buch
- 01 Jun, 2015
- New York City
Rate sensitive stocks gained ahead of interest rate decision from the Reserve Bank of India on Tuesday. Maruti said auto sales climbed 14% and Hyundai Motor sales rose 2%. L&T quarterly profit declined 27%. Jet Airways net loss narrowed. Sun Pharma quarterly profit plunged 44%.
- Nichole Harper
- 29 May, 2015
- New York City
Indexes on Wall Street rebounded from the near 1% decline in late morning and the U.S. government downwardly revised its economic growth assessment. Resurgent dollar and unusually cold weather played key roles in the revised estimate. European markets struggled on mixed messages on Greek talks.
- Mukesh Buch
- 29 May, 2015
- New York City
Equinix agreed to acquire the U.K.-based rival Telecity for $3.6 billion. Intel may acquire Altera for $15 billion. Big Lots net surged more than eight-fold. Genesco net plunged 29%. GameStop soared 9%. Splunk net loss widened. Ulta Salon profit surged 34%.
- Hiruki Nakamura
- 29 May, 2015
- New York City
Nikkei index rewrites 15-year high for the eleventh day in a row and the yen edged lower as foreign investors increase exposure to Japanese stocks. Domestic auto demand in April declined 7.5%. Yahoo Japan soared 11% on its e-commerce plan in China with Alibaba.
- Nigel Thomas
- 29 May, 2015
- New York City
European market indexes lacked direction. TeleCity agreed to acquire by the U.S.-based rival Equinix for