- Hiruki Nakamura
- 19 Feb, 2015
- New York City
The benchmark index in Tokyo closed at a high not seen since 2000 after a catch up rally in large banks powered the latest market advance. Trend Micro soared 6% after the anti-virus software maker estimated higher than expected profit.
- Marcus Jacob
- 19 Feb, 2015
- New York City
Australian market indexes declined and trading volume jumped to the high in the year-so-far. Aussie dollar inched towards 78 U.S. cents but prices of iron ore and oil edged lower. Wesfarmers Ltd first-half net declined and Crown Resorts reported better-than-expected results.
- Mukesh Buch
- 19 Feb, 2015
- New York City
Market averages in Mumbai traded higher for the seventh session in a row. Ambuja Cements said net rose 4%. Bharat Forge signed a multi-year contract with the airplane maker Boeing Co. RPP Infra won an order from Karnataka. Supreme Infra net plunged 89%. SKF India net dropped 16%.
- Nichole Harper
- 18 Feb, 2015
- New York City
U.S. stocks traded sideways and investors focused on domestic earnings and overlooked Friday deadline for Greece to submit loan extension. U.S. housing starts declined 2% in January and permits declined 0.7% and industrial production gained 0.2%.
- Mukesh Buch
- 18 Feb, 2015
- New York City
Actavis net loss widened despite 46% surge in revenues. Cinemark net soared. Duke Energy net tumbled 29% but revenues jumped 5%. Fossil plunged 18% on weak outlook. Hilton and Hyatt net soared five-fold. Virgin America net tumbled 73%.
- Nigel Thomas
- 18 Feb, 2015
- New York City
Eni net loss widened to
- Hiruki Nakamura
- 18 Feb, 2015
- New York City
Stocks in Tokyo advanced and the yen edged lower after optimism ran high that Greece and the euro zone will overcome differences. Japan Post offered 50% premium to acquire Australia-based Toll Holdings. Bridgestone said annual net income soared 49%. Electric Power is looking to raise $1 billion.
- Marcus Jacob
- 18 Feb, 2015
- New York City
Australian market indexes soared after Japan Post offered a large premium for the transportation and logistics operator Toll Express. The offer powered other deal driven stocks. Ardent Leisure plunged after declaring a loss in the first-half. Woodside Petroleum revenues and net rise.
- Mukesh Buch
- 18 Feb, 2015
- New York City
Defense sector stocks led the gainers after Prime Minister Modi urged international contractors to transfer technologies to win future bids. Crompton Greaves secured a contract worth ₹119 crore from NTPC. Hero MotoCorp founders lowered stake by 3.5%.
- Nichole Harper
- 17 Feb, 2015
- New York City
Stocks in New York advanced and several indexes flirted with new highs with large and small cap indexes trading at new highs. Tollbooth Index and S&P 500 index traded at record highs. Germany led the improving economic expansion data in the euro zone.
- Mukesh Buch
- 17 Feb, 2015
- New York City
Agios Pharma net loss widened despite a surge in revenues. Genuine Parts sales and profit soared. Goodyear Tire net climbed after one-time tax benefit of $2.2 billion. Medtronic net surged 28%. Waste Management net swung to profit.
- Nigel Thomas
- 17 Feb, 2015
- New York City
Brit agreed to acquire by Fairfax Financial for
- Marcus Jacob
- 17 Feb, 2015
- New York City
Reserve Bank of Australia indicated in its latest minute of meetings that the rate cut was warranted on the weaker than expected economic growth. ANZ reported flat quarterly profit. Coca-Cola Amatil annual revenues declined. Fortescue first-half revenues plunged 17%.
- Hiruki Nakamura
- 17 Feb, 2015
- New York City
Stocks in Tokyo edged lower in international worries. China reported ninth monthly decline in home prices and European finance ministers issued an ultimatum to Greece to stick to bailout terms for any new loan request. The yen gained against the dollar.
- Nigel Thomas
- 16 Feb, 2015
- New York City
Balfour Beatty divest 80% interest in Thanet offshore transmission project for