- Nigel Thomas
- 21 Oct, 2014
- New York City
ASOS yearly profit declined 11% to
- Hiruki Nakamura
- 21 Oct, 2014
- New York City
Market indexes in Tokyo fell back after a record one-day rally in more than a year. The yen gained and the government officials clarified that the pension fund has still not decided on the allocation plan, contradicting the Nikkei newspaper report a day ago.
- Marcus Jacob
- 21 Oct, 2014
- New York City
Australian market indexes advanced for the sixth day in a row and the Aussie dollar inched higher after China reported better-than-expected quarterly economic growth of 7%. Industrial production also surged to 8% in the quarter. Newcrest Mining eased after production fell 12%.
- Mukesh Buch
- 21 Oct, 2014
- New York City
HDFC Bank net surged 20% and Punjab National Bank net climbed 14%. Shriram Transport net slipped 12%. Idea Cellular reported quarterly net rose 4%. Welspun quarterly net swung to profit on 10% increase in sales.
- Nichole Harper
- 20 Oct, 2014
- New York City
Market indexes on Wall Street continued steady advance and tech stocks led the gainers. IBM finalized the deal to sell its loss making chip manufacturing unit and pay $1.5 billion, which accounted for less than 3% of its sales.
- Mukesh Buch
- 20 Oct, 2014
- New York City
GLOBALFOUNDRIES agreed to acquire microelectronics business from IBM. Halliburton net surged 70%. Hasbro profit soared 43%. IBM net tumbled 99.6%. Macquarie Infra agreed to buy Cleco Corp for $4.7 billion. Valeant Pharma net swung to profit. VF Corp net jumped 8%.
- Hiruki Nakamura
- 20 Oct, 2014
- New York City
Nikkie surged on speculation that the nation
- Marcus Jacob
- 20 Oct, 2014
- New York City
Market indexes in Australia gained for the fifth day in a row. The global markets rebound on Friday extended weeklong market advance in Australia, but in thin volume. The Australian government is set to raise as much as $5.5 billion through the public offering of Medibank.
- Mukesh Buch
- 20 Oct, 2014
- New York City
Alembic revenues rose 12%. Hindustan Zinc net surged 33%. Jindal Saw net surged and revenues rose 30%. Oberoi Realty net jumped 10%. Unichem Lab net tumbled 38%. UltraTech net and revenue soared.
- Mukesh Buch
- 16 Oct, 2014
- New York City
American Express net climbed 8%. Baker Hughes profit soared 10%. BB&T net surged 94% but revenues fell 2%. eBay net slid 2% while revenues surged 12%. Goldman Sachs net climbed 50%. PPG Ind net jumped 64%. UnitedHealth profit rose 2% on 7% increase in revenues.
- Nigel Thomas
- 16 Oct, 2014
- New York City
BSkyB net surged 215% to
- Mukesh Buch
- 16 Oct, 2014
- New York City
Cyient net surged 32%. GSFC profit climbed 23% on 5% increase of revenue. GRUH Finance net and revenues soared. Infosys net jumped 45%. MindTree net increased 6%. TCS profit and revenue climbed 13%.
- Hiruki Nakamura
- 16 Oct, 2014
- New York City
Japanese stocks plunged and the Topix index entered into a correction. Topix dropped 2.3% and extended loss to 11% from the September 25. The yen gained 0.2%. Japan Display plunged 18% after the company estimated annual loss.
- Marcus Jacob
- 16 Oct, 2014
- New York City
Australian market indexes managed to shake-off morning losses in active trading following wild swings in the U.S. and European markets. Crude oil continued to slide in international markets and Aussie dollar closed below 88 U.S. cents. Banks led the gainers.