- Hiruki Nakamura
- 15 Apr, 2015
- New York City
Market indexes in Japan closed nearly flat after the recent run up in anticipation of higher earnings driven by weaker yen. Drug makers led the decliners. Chip equipment makers dropped after Intel lowered its capital spending plan in the current year.
- Nigel Thomas
- 15 Apr, 2015
- New York City
The ECB left rates on hold and Draghi said stimulus is working. ASML profit surged 32% on 11% increase in revenues. EXOR offered to acquire PartnerRe Ltd for $6.4 billion. Burberry said revenues in the second-half soared 10%. JD Sports net jumped 30% and revenues climbed 25%.
- Marcus Jacob
- 15 Apr, 2015
- New York City
Australian market indexes closed lower after banks led the decliners in Sydney. Resource stocks traded higher following an upswing in iron ore price. Freelancer Ltd soared 9% after the online marketplace operator reported record first-quarter revenue.
- Mukesh Buch
- 15 Apr, 2015
- New York City
Wholesale prices in India declined for the fifth month in a row in March on lower food prices and weakening global oil prices. ACC net in the first-quarter plunged 41%.
- Nichole Harper
- 14 Apr, 2015
- New York City
Stocks traded higher after JP Morgan reported better-than-expected earnings and crude oil advanced. Seasonally adjusted retail sales in March 0.9% and wholesale price index rose 0.2% in the month.
- Mukesh Buch
- 14 Apr, 2015
- New York City
Fastenal net soared 14% on 9% increase in revenues. Johnson & Johnson profit plunged 9% on 4% decline in revenues. JPMorgan Chase net surged 12% and plans to increase quarterly dividend. Pep Boys net loss widened. Wells Fargo revenues and profit each declined 3%.
- Nigel Thomas
- 14 Apr, 2015
- New York City
Alcatel Lucent surged on merger talks with Nokia. British Land acquired London-based property from Malaysian state pension fund for
- Marcus Jacob
- 14 Apr, 2015
- New York City
Australian Treasurer Joe Hockey said national finances may be affected if iron ore prices continue decline. The price of the iron ore has plunged 60% in the last one year as the four largest mining companies continue to increase supply and China engineers a slowdown.
- Hiruki Nakamura
- 14 Apr, 2015
- New York City
In Tokyo, stocks lacked direction and investors awaited fiscal year outlook and latest year earnings from corporate Japan. Aderans Co Ltd said fiscal year revenues rose 13%. Kohnan Shoji, home improvement retailer reported flat sales.
- Nichole Harper
- 13 Apr, 2015
- New York City
Market indexes opened higher but quickly began descending. Market sentiment was weak on the unexpected shrinkage in China trade, ongoing worries in the euro zone and lack of confidence in the lowered earnings outlook in the U.S.
- Mukesh Buch
- 13 Apr, 2015
- New York City
Builders FirstSource agreed to acquire its rival ProBuild for $1.63 billion. Blackstone Mortgage Trust plans to sell public offering of 17.5 million shares. Commerce Bancshares net declined 9%. Fossil dropped. JetBlue traffic in March climbed 9.2%.
- Nigel Thomas
- 13 Apr, 2015
- New York City
Dassault Aviation secured an order to supply 36 Rafale aircraft to India. Henkel fell on weak outlook for the year. Orad Hi Tec Systems agreed to buy the U.S.-based Avid Technology for
- Hiruki Nakamura
- 13 Apr, 2015
- New York City
Stocks in Tokyo edged lower after domestic core machinery orders in February declined and China reported worst trade data in nearly a year. Genky Stores, drug retailer, said nine-month net income doubled.
- Marcus Jacob
- 13 Apr, 2015
- New York City
Australian stocks turned lower after China said exports and imports contracted. Rising yuan played a role in the sharply lower trade data. Mesoblast soared 24% after the U.S. based Celegen agreed to acquire a 4.5% stake in biopharmaceutical developer.
- Mukesh Buch
- 13 Apr, 2015
- New York City
Consumer price index increase in March slowed to 5.17%. Info Edge to invest in Zomato, restaurant review website operator. L&T signed an agreement with France-based Areva and build a nuclear power plant in Maharashtra. LIC plans to increase its stake in NMDC to 12%.