- Hiruki Nakamura
- 28 Jan, 2015
- New York City
Stocks in Tokyo extended gains and Topix closed at a seven-week high and yen eased a little. Chugai Pharmaceutical said annual sales increased 8.8%. FujiFilm net in nine-month period surged. Hitachi Construction Machinery and Komatsu reported weakening earnings.
- Nigel Thomas
- 28 Jan, 2015
- New York City
Antofagasta production of gold and copper in fourth-quarter climbed. Hennes & Mauritz net surged 12%. Johnson Matthey sales jumped 5% to
- Marcus Jacob
- 28 Jan, 2015
- New York City
Australian inflation measure dipped below 2% for the first time in 2-
- Mukesh Buch
- 28 Jan, 2015
- New York City
Adani Ports net rose 14%. GSFC net rose less than expected 2% on 11% rise in revenues. Maruti plans to set up three units in Gujarat. Ranbaxy net loss widened. Titan net rose 15% on 9% increase in revenues. L&T sold its iron unit to Australia-based Bradken Limited.
- Nichole Harper
- 27 Jan, 2015
- New York City
Market indexes on Wall Street plunged more than 1.5% after disappointing durable goods orders and earnings from Caterpillar, Microsoft, United Technologies and Procter & Gamble. Oil and iron ore traded near six-year lows and euro and bonds in the euro zone were in focus.
- Mukesh Buch
- 27 Jan, 2015
- New York City
3M net climbed 7% but sales fell 2%. Bristol-Myers net tumbled 98%. Caterpillar profit declined 25%. Corning net surged 135%. Du Pont revenues dropped 5%. Lockheed Martin net jumped 85%. Pfizer profit plummeted 52%. P&G net tumbled 31%.
- Nigel Thomas
- 27 Jan, 2015
- New York City
Bonds in the euro zone were in focus again after investors worried that Greek leaders may push for debt write-off opposed by European leaders.
- Nigel Thomas
- 27 Jan, 2015
- New York City
Ericsson net plunged 35% to 4.2 billion kronor but sales rose 1%. Novartis net tumbled 26% to $1.5 billion and increase dividend for 2014. Philips net plummeted 68% to
- Hiruki Nakamura
- 27 Jan, 2015
- New York City
Stocks in Tokyo rebounded and the yen eased following market advance in Europe after European finance ministers showed willingness to negotiate with the newly elected Greek leader. Dai-ichi Life won the U.S. regulatory approval for the purchase of Protective Life.
- Marcus Jacob
- 27 Jan, 2015
- New York City
Australian market indexes traded higher in heavy volume and Aussie dollar continued its slide after iron ore prices fell to a new five-year low. Iron ore prices extended 55% losses in thirteen months on the rising production in Australia and softening demand in China.
- Mukesh Buch
- 27 Jan, 2015
- New York City
Bharat Electronics said profit soared 42%. Godrej Properties net rose 26%. Shriram Transport Fin net slid 1% but revenues increased 7%. Maruti Suzuki India net climbed 18% on 15% increase in revenues. UBI net fell 13%. United Spirits net jumped 21%.
- Nichole Harper
- 26 Jan, 2015
- New York City
Rock-Tenn Corp agreed to merge with the rival packaging company MeadWestvaco Corp and create the second-largest paper and packaging company. Stocks on Wall Street traded sideways and in Europe investors took the latest Greek election results in strides.
- Mukesh Buch
- 26 Jan, 2015
- New York City
D.R. Horton net climbed 16%. MeadWestvaco net tumbled 92% and agreed to merge with the rival Rock-Tenn. Norfolk revenues and net fell. Post Holdings climbed on positive outlook. Roper net soared 12%. Rock-Tenn net climbed 14%. Seagate profit surged 118%.
- Nigel Thomas
- 26 Jan, 2015
- New York City
Balfour Beatty selected as preferred bidder for residential project for about
- Nigel Thomas
- 26 Jan, 2015
- New York City
Financial markets across Europe opened lower but by late afternoon managed to recover after investors digested latest Greek election results.