- Mukesh Buch
- 26 May, 2015
- New York City
Charter Communications agreed to acquire Time Warner Cable Inc for $55.1 billion and assume debt. EMC agreed to acquire privately-held Virtustream for $1.2 billion. AutoZone net jumped 8%. Nevada Gold agreed to buy Club Fortune Casino.
- Nigel Thomas
- 26 May, 2015
- New York City
Ryanair net profit in the year surged 66% to
- Hiruki Nakamura
- 26 May, 2015
- New York City
Nikkei average extended rally to the eighth day in a row and the benchmark index jumped 4.4% in the longest rally since August. Monex Group said annual operating revenues declined 7%. Kyushu Electric Power jumped 4% after the electric utility said it plans to restart is nuclear reactor in late July.
- Marcus Jacob
- 26 May, 2015
- New York City
Australian market indexes closed higher on a slight rebound in iron ore price. Banks and resource stocks were in focus. AGL Energy said it plans to sell $1 billion in assets and cut costs in a restructuring move. Ozforex plunged 10% despite reporting 52% jump in earnings.
- Mukesh Buch
- 26 May, 2015
- New York City
Rupee dropped to a new low in the year so far as oil price continues to hover near the high in 2015. Domestic earnings lifted market mood for selective companies. Tata Motors said net in the fourth-quarter rose 6%. Essar Oil net plunged 46%. Future Retail net and revenues surged.
- Nichole Harper
- 25 May, 2015
- New York City
In quiet trading in Europe and in Asia, indexes generally traded lower as the U.S. and U.K. markets were closed. Euro was in focus after Greek default worries resurfaced and indexes in Spain dropped more than 2%.
- Hiruki Nakamura
- 25 May, 2015
- New York City
Nikkei average in Tokyo closed higher and April month trade deficit tumbled after exports to the U.S. and the European Union advanced. Takata Corp declined after Mazda said it will recalls vehicles in Australia to fix airbag related problems.
- Nigel Thomas
- 25 May, 2015
- New York City
Spain
- Marcus Jacob
- 25 May, 2015
- New York City
Australian market indexes closed higher on Merger Monday. Independence offered to acquire Nickel miner Sirius Resources for $1.8 billion and said it will spin-off the merged asset as a new company.
- Mukesh Buch
- 25 May, 2015
- New York City
Market indexes in Mumbai dropped 1% and investors turned cautious after markets in Asia declined. ITC said net in the quarter rose 4%. Chennai Petroleum net soared 20%. City Union Bank net climbed 19%. DCW net surged 92%. Gujarat State Petronet and Mangalore Refinery net climbed.
- Nichole Harper
- 22 May, 2015
- New York City
Core rate of inflation in April rose faster than expected as prices excluding food and fuel advanced. Stocks meandered ahead of Memorial Day weekend. The Dutch government announced a plan to sell its stake in ABN Amro as early as in the fourth quarter.
- Mukesh Buch
- 22 May, 2015
- New York City
Expedia sells its 62.4% stake in China-based eLong for $671 million. Aeropostale net loss narrowed. Brocade net swung to profit. Campbell Soup net slid. Deere net tumbled 30%. Foot Locker profit soared 14%. Gap net declined 8%. HP net plunged 23%. Intuit lifted outlook.
- Hiruki Nakamura
- 22 May, 2015
- New York City
Bank of Japan offered a slightly upbeat assessment of the economic recovery and held its unprecedented monetary stimulus. Stocks rallied for the sixth session in a row. Market capitalization of stocks on the mainboard of TSE closed at a record high after 26 years.
- Marcus Jacob
- 22 May, 2015
- New York City
Australian market indexes struggled after iron ore prices declined for the eighth session in a row and dropped to a 3-week low. The latest decline in the Australia
- Nigel Thomas
- 22 May, 2015
- New York City
Axa agreed to acquire SulAm