- Marcus Jacob
- 23 Jan, 2015
- New York City
Australian dollar traded at a new five-year low and energy and mining companies led the advance in Sydney. Australian market indexes extended weekly gains following world markets after European Central Bank announced historic one trillion euro bond purchase plan.
- Mukesh Buch
- 23 Jan, 2015
- New York City
Alstom said net swung to profit. Biocon net fall 14% but revenues rose 8%. Cairn India profit plunged 53%. Colgate jumped 16%. Emami agreed to acquire 67% stake in an Australian company. Muthoot Finance net declined 21%.
- Nigel Thomas
- 22 Jan, 2015
- New York City
European Central Bank followed through its widely advertised and anticipated plan to provide additional stimulus. The latest plan from the central bank will acquire government bonds of as much as 60 billion euros a month till September 2016.
- Nichole Harper
- 22 Jan, 2015
- New York City
Market indexes in New York rose and in Europe gained after the ECB followed through its promise of large and unprecedented bond buying program to lift inflation and break the economic stagnation.
- Mukesh Buch
- 22 Jan, 2015
- New York City
Alaska Air Group net surged 90%. American Express net climbed 11%. Johnson Controls profit climbed 8%. KeyCorp net soared 11%. Travelers Co jumped 5%. Verizon Communications net swung to a loss on 7% revenues jump.
- Nigel Thomas
- 22 Jan, 2015
- New York City
Israel-based Gazit Globe agreed to acquire 13.9% stake of Atrium European Real Estate for
- Hiruki Nakamura
- 22 Jan, 2015
- New York City
Japan stocks closed down and the yen declined 0.2% ahead of bond purchase plan announcement from the European Central Bank. Softbank Corp rose following a surge in its U.S. unit Sprint Corp.
- Marcus Jacob
- 22 Jan, 2015
- New York City
Australian dollar traded near its five-year low and energy and mining companies led the advance in Sydney. Skilled Group rejected a takeover offer. Amcor Limited said chief executive will retire after leading the consumer packaging company for a decade.
- Mukesh Buch
- 22 Jan, 2015
- New York City
Alembic said net swung to a loss. Century Plyboards net soared 110%. Dish TV net loss narrowed. ING Vysya Bank net fell 13%. L&T Finance net surged 66%. Raymond net slid 1% but sales jumped 13%. Suzlon sold its German unit for about $1.1 billion.
- Nichole Harper
- 21 Jan, 2015
- New York City
Stocks on Wall Street advanced and oil rebounded. Bank of Japan reaffirmed its plan to increase monetary based while European policy makers debate the size, timing and nature of bond buying program as the euro volatile euro traded in tight range.
- Mukesh Buch
- 21 Jan, 2015
- New York City
Amphenol net and sales climbed 15%. Fifth Third Bancorp net declined 6%. IBM profit tumbled 11% on 12% decline in revenues. Northern Trust Corp net soared 44%. Netflix net climbed 72% on increase on subscribers. U.S. Bancorp net rose 2%. UnitedHealth net jumped 6%.
- Nigel Thomas
- 21 Jan, 2015
- New York City
ASML Holding net tumbled 37% to
- Hiruki Nakamura
- 21 Jan, 2015
- New York City
Bank of Japan reaffirmed its commitment to increase monetary base by annual 80 billion yen but lowered its inflation target on the recent plunge in oil price. Governor Haruhiko Kuroda said growth is expected to accelerate in the next fiscal year to 2.1%.
- Marcus Jacob
- 21 Jan, 2015
- New York City
Australian indexes surged 1.6% following the advance in global markets and the Aussie dollar edged up. BHP reported quarterly production of iron ore increased 16% and also confirmed plans to cut shale oil exploration by 40% in the U.S.
- Mukesh Buch
- 21 Jan, 2015
- New York City
Crompton Greaves secured a contract worth $26 million from Indonesia. ITC said profit rose 11%. Praj Ind net plunged 49%. Rallis net declined 16%. Tata Elxsi net climbed 29%. Zee net surged 44% but total subscription revenues slid 2%.