- Marcus Jacob
- 11 Feb, 2015
- New York City
Australian market indexes declined for the third day in a row in active trading and consumer confidence rose to a one-year high. Commonwealth Bank, the largest bank in Australia said net profit surged 8% to a record high. CSL said net profit soared 7%. Domino
- Mukesh Buch
- 11 Feb, 2015
- New York City
Market indexes in India rebounded on the hopes of faster implementation of economic reforms after the latest election defeat of BJP. Asian Paints acquired 51% stake in Ethiopia-based Kadisco Paint. Capital First net surged 195%. Deepak Fertilisers net tumbled 98%. Nalco net soared nearly three-fold.
- Mukesh Buch
- 10 Feb, 2015
- New York City
Alere net loss widened and revenues fell. Coca-Cola net tumbled 55%. CVS Health net jumped 5% on 13% increase in revenues. CDW net plunged 14%. Coupons.Com tumbled 26% on weak outlook. Dean Foods net swung to profit. Qualcomm agreed to pay $975 million to China.
- Nigel Thomas
- 10 Feb, 2015
- New York City
Axis received offer from Japan-based Canon for 23.6 billion kronor. Bellway revenues climbed 19% to
- Hiruki Nakamura
- 10 Feb, 2015
- New York City
Investors shifted focus to domestic earnings in trading in Japan. Softbank nine-month net sales increased 41% and the wireless services provider reaffirmed its annual outlook. Rakuten, the largest online retailer in Japan estimated operating profit to rise 15% on the back of fast expanding market.
- Marcus Jacob
- 10 Feb, 2015
- New York City
Australian market indexes closed lower and banks led the decliners on the growing uncertainty in the euro zone and rising tensions with Russia. Resource stocks were in focus after OPEC lowered its new oil supply growth estimate in the year.
- Mukesh Buch
- 10 Feb, 2015
- New York City
Arvind Kejriwal led AAP won stunning 67 of the 70 seats in Delhi local election as voters demand basic services. Aditya Birla said net rose 7%. Cadila net surged 52%. DLF net slipped 9%. JK Tyre net soared 56%. Hexaware net declined 15% but revenues climbed 14%.
- Nichole Harper
- 09 Feb, 2015
- New York City
U.S. stocks turned volatile after European markets dropped as the region
- Mukesh Buch
- 09 Feb, 2015
- New York City
Boardwalk Pipeline net surged 89% but revenues fell 3%. CNA Financial net plunged 10% on 7% decline in revenues. Hasbro profit soared 13%. Loews net swung to profit while revenues slumped 7%. McDonald''s global same-store sales in January declined 1.8%.
- Hiruki Nakamura
- 09 Feb, 2015
- New York City
Stocks in Tokyo closed down after the yen weakened and investors worried of gathering storms in the euro zone. Greece stood firm on its plan to roll back austerity as agreed by the previous government with the international lenders and Ukraine crisis deepens.
- Nigel Thomas
- 09 Feb, 2015
- New York City
Air France KLM group passenger traffic and load factor in January declined. Endomines profit plunged 28% to 35 million kronor but revenues jumped 10%. Quantum Pharma climbed on positive outlook. Rolls-Royce won three contracts worth $442 million.
- Nigel Thomas
- 09 Feb, 2015
- New York City
European markets opened sharply lower and quickly dropped to as low as 2% after Greece and Ukraine talks dominated headlines. Greece and European Union talks are turning tense and Ukrainian crisis resolution demands real military commitment from the European leaders.
- Marcus Jacob
- 09 Feb, 2015
- New York City
Australian market indexes halted record 12-day long advance after resource stocks and banks closed lower. A private survey showed employment market sustained its expansion after job placement ads rose for the eighth month in a row. Aussie dollar closed at 77.65 U.S. cents.
- Mukesh Buch
- 09 Feb, 2015
- New York City
Apollo Tyres said net slipped 45%. GAIL net plunged 64%. L&T net slipped 14% but revenues rose 5%. Sun TV net jumped 15%. Tata Steel slumped 69%.
- Nichole Harper
- 06 Feb, 2015
- New York City
Market indexes on Wall Street pulled back from record high and jobless rate to 5.6% after more people began to look for work and employers added net new jobs of 257,000 extending the job one-year long jobs market expansion.