- Mukesh Buch
- 12 May, 2015
- New York City
FibroGen net loss widened after revenues declined 9%. Gap said April sales declined 9% and sales in the quarter dropped 3%. Leidos Holdings net climbed 11%. Verizon agreed to acquire AOL for $4.4 billion.
- Nigel Thomas
- 12 May, 2015
- New York City
Allianz net climbed 11% to
- Hiruki Nakamura
- 12 May, 2015
- New York City
Nikkei average in Japan closed nearly unchanged and investors focused on another batch of corporate earnings. Nomura said annual net rose 5% and revenues rose 4%. Ebara and Hoya jumped but Bridgestone, Takata and Taiyo Yuden declined on earnings.
- Marcus Jacob
- 12 May, 2015
- New York City
Australian federal budget offered incentives for small businesses and capital investments and softened unemployment burden for youth. In cautious approach, the government estimated annual iron ore price at $48 a ton and coal price at $90 a ton. Qantas surged after reporting a drop in fuel costs.
- Mukesh Buch
- 12 May, 2015
- New York City
Market indexes in volatile trading dropped and rupee dropped to a 2015-low. Apollo Tyres said net in the quarter rose 9% but revenues slipped 4%. Dr.Reddy''s Lab net jumped 8% on 10% increase in revenues. Union Bank net in the quarter slipped 23%.
- Nichole Harper
- 11 May, 2015
- New York City
On Merger Monday market indexes trended lower and European markets closed down. Crude oil and gold turned lower. Greece said it is set to release payment due to the IMF tomorrow. Shanghai index surged 3% after China lowered rate for the third time in six months.
- Mukesh Buch
- 11 May, 2015
- New York City
Actavis net swung to a loss but revenues soared 60%. AES net swung to profit while revenues plunged 7%. DISH Network profit surged two-fold. Dean Foods net loss widened. Noble Energy agreed to acquire Rosetta Resources for $2.1 billion plus net debt of $1.8 billion.
- Nigel Thomas
- 11 May, 2015
- New York City
Agnelli family divested 75% stake in its U.S.-based Cushman unit to DTZ for $2 billion. GEA profit declined 14% but revenues jumped 6%. Lonmin pretax loss narrowed. Talanx profit jumped 16%.
- Hiruki Nakamura
- 11 May, 2015
- New York City
Nikkei average in Tokyo rebounded after China lowered its one-year lending and deposit rate by 25 basis points over the weekend. Toshiba plunged 17% after the conglomerate expanded its accounting investigation. Suzuki Motor estimate fiscal year net to rise 14%. Sega Sammy swung to annual loss.
- Mukesh Buch
- 11 May, 2015
- New York City
Sensex in Mumbai Gains ahead of inflation and industrial production data tomorrow. Adani Power net in the quarter soared 72%. Bank of Baroda quarterly net plunged 48% but bad loan ratio fell to 1.9%. Kansai Nerolac Paints net increased 5%.
- Marcus Jacob
- 11 May, 2015
- New York City
Australian market indexes opened higher but struggled to advance ahead of Federal Budget tomorrow. PanAust Limited backed a sweetened takeover offer of $1.2 billion from China controlled company.
- Nichole Harper
- 08 May, 2015
- New York City
Stocks on Wall Street jumped more than 1% after April jobless rate fell to 5.4% and net monthly new jobs increased by 223,000 from revised 85,000 in March. Indexes in Europe jumped also after Prime Minister David Cameron led Conservative Party won a slim but outright majority in the U.K. elections.
- Mukesh Buch
- 08 May, 2015
- New York City
AOL net plunged 25% but revenues climbed 7%. CBS net declined 16%. Consolidated Edison net rose 3%. HRG net loss widened. McDonald''s U.S. comparable sales in April dropped 2.3%. NVIDIA net fell 2%. NRG Energy net loss widened.
- Nigel Thomas
- 08 May, 2015
- New York City
BG net tumbled 51% to $565 million on 21% decline in revenues. Laird forecasted revenues in the first-quarter climbed 24% to
- Hiruki Nakamura
- 08 May, 2015
- New York City
Shares in Tokyo struggled to advance on mixed earnings report and weak international trade data from China. Toyota annual net soared 19% on 6% increase in sales. Fast Retailing April sales surged 20%. Mitsui & Co annual net plunged 13%. Olympus net in the fiscal year swung to a loss.