- Mukesh Buch
- 19 Mar, 2015
- New York City
Cintas net climbed 12%. Clarcor profit soared 10% on 12% increase in revenues. Herman Miller net jumped 8% and lifted revenue outlook. Lennar net surged 47%. Starbucks plans for 2-for-1 stock split, sixth since 1992. Tech Data net tumbled 27%. Williams-Sonoma net climbed 10%.
- Mukesh Buch
- 18 Mar, 2015
- New York City
Adobe net climbed 81%. FedEx net surged 53% on 4% increase in revenues. General Mills profit plunged 16%. Guess net dropped 4.1%. Oracle profit fell 3%. Steel Dynamics climbed 5% on positive earnings outlook. Zebra Technologies net swung to a loss.
- Nigel Thomas
- 18 Mar, 2015
- New York City
Bilfinger net swung to a loss of
- Nigel Thomas
- 19 Mar, 2015
- New York City
Fraport Services net jumped 6% to
- Hiruki Nakamura
- 18 Mar, 2015
- New York City
Seasonally adjusted trade deficit in February widened 55% from January. Exports declined 7% and imports eased 3.4%. The yen weakening to above 121 against a dollar lifted market indexes in Tokyo. Seven & I jumped on a speculation that profit for the year ending in February is ahead of expectations.
- Marcus Jacob
- 18 Mar, 2015
- New York City
Australian market indexes traded volatile and Aussie dollar lacked direction ahead of U.S. Fed statement. Iron ore prices extended three-year losses as four largest iron ore miners in the world continue to ramp up capacity.
- Mukesh Buch
- 19 Mar, 2015
- New York City
IDBI Bank completed the stake sale in Credit Analysis and Research to LIC. Larsen & Toubro won orders for ₹1,255 crore in March. RPP Infra secured an order worth ₹16.6 crore from Mangalore SEZ Ltd. Rajesh Exports acquires export order about ₹1,265 crore from UAE.
- Hiruki Nakamura
- 19 Mar, 2015
- New York City
Japan indexes gained and the yen traded near its low in the year as the U.S. Fed left forecasted low rates to continue in the near future. Mitusi & Co Ltd acquired a minority stake in Penske Truck Leasing Co from General Electric Capital Corp.
- Marcus Jacob
- 19 Mar, 2015
- New York City
Australian market indexes soared following Fed announcement. BHP, Rio and Fortescue were in focus after 5% drop in iron ore price to a six-year low. Myer Holdings declined to a new low after first-half profit declined 23%.
- Mukesh Buch
- 17 Mar, 2015
- New York City
Arcos Dorados net tumbled 69% on 13% decline in revenues. Burlington Stores profit surged 49%. DSW net jumped 8%. FactSet Research profit soared 18%. EU antitrust regulator extended deadline on Alstom acquisition. Macerich rejected $14.39 billion unsolicited offer.
- Nigel Thomas
- 17 Mar, 2015
- New York City
IG Group third-quarter revenues declined 5% to
- Marcus Jacob
- 17 Mar, 2015
- New York City
Australian stocks rebounded on the back of resource sector and banks. Gold and crude oil declined in trading in Asia and in Australia. BHP Billiton said the South32 spinoff cost is likely to reach $738 million.
- Mukesh Buch
- 16 Mar, 2015
- New York City
Blackstone agreed to acquire Willis Tower, in Chicago for $1.3 billion. Life Time Fitness in a deal to go private for about $4 billion. Schulman agreed to buy for $800 million. Scripps Networks agreed to acquire 52.7% stake in Poland-based broadcaster TVN for $619 million.
- Nigel Thomas
- 16 Mar, 2015
- New York City
Antofagasta may close it Chile-based Los Pelambres project after a court ruling. Eni signed an agreement with Egypt to invest as much as $5 billion. Aviva received regulatory approval for Friends Life. Holcim rejected
- Hiruki Nakamura
- 16 Mar, 2015
- New York City
Market indexes in Tokyo declined and the yen weakened ahead of the U.S. rate decision this week. The yen dropped to a new six-year low after the euro extended nine-month losses to 40%.