- Nichole Harper
- 20 Jan, 2015
- New York City
Stocks in New York declined and crude oil fell and gold gained. European markets advanced. IMF lowered its global growth outlook and said U.S., Canada and India are likely to sustain expansion while Russia, Brazil and the euro zone struggles and China faces a slowdown.
- Mukesh Buch
- 20 Jan, 2015
- New York City
Baker Hughes net surged 167% on 13% increase in revenues. Delta Air Lines net swung to a loss. Halliburton net and revenues climbed 14%. iGATE net jumped 15% on 11% increase in revenues. Johnson & Johnson net plunged 28%. Morgan Stanley net surged to $920 million.
- Nigel Thomas
- 20 Jan, 2015
- New York City
Novozymes profit climbed 15% to 2.5 billion kronor on 6% increase in revenues. SAP net profit fell 1% to
- Hiruki Nakamura
- 20 Jan, 2015
- New York City
Nikkei index in Tokyo soared 2.1% and extended gains for the second day in a row and the yen weakened. Itochu and Thailand based Charoen Pokphand Group filed to acquire 10% stake in China controlled Citic.
- Marcus Jacob
- 20 Jan, 2015
- New York City
Market indexes in Australia eased after China said economic growth dropped to 7.4% and expanded at the slowest pace in 24 years. Commodities and oil prices were under pressure after the IMF lowered its estimate of global economic growth.
- Mukesh Buch
- 20 Jan, 2015
- New York City
Hindustan Zinc profit surged 38%. Info Edge net rose 20%. Kansai Nerolac signed a joint venture to enter Sri Lanka market. Kotak Mahindra Bank net climbed 37% on 20% increase in revenues. South Indian Bank net plunged 38% but revenues jumped 10%.
- Nichole Harper
- 19 Jan, 2015
- New York City
Markets in Europe gained ahead of ECB meeting later in the week and oil prices closed down in London trading. Shanghai market indexes plunged nearly 8% after regulators limited the margin lending. Yield on 10-year Japanese government bonds dropped to a record low of 0.2%. U.S. markets were closed.
- Bikram Pandey
- 19 Jan, 2015
- New York City
Shanghai market index plunged 7.7% after the Chinese regulator curbed margin lending in an attempt to arrest the 40% rise the index in the last three months.
- Nigel Thomas
- 19 Jan, 2015
- New York City
Balfour Beatty secured an infrastructure development contract worth up to
- Hiruki Nakamura
- 19 Jan, 2015
- New York City
Bank of Japan entered the bond market to acquire government bonds and 10-year debt yield fell to a record low of 0.2%. Japanese yen strengthened to a 117.17 against one dollar and industrial output declined 0.5% in November.
- Marcus Jacob
- 19 Jan, 2015
- New York City
Australian market index struggled to hold on to the 1.3% surge at the opening after Shanghai index plunged 6%. Dexus Property acquired a business and industrial estate in south of Sydney for $154 million.
- Mukesh Buch
- 19 Jan, 2015
- New York City
Hindustan Unilever said profit climbed 17%. Rajesh Exports soared on UAE Export order. Reliance Industries net declined 4.5% and revenues plunged 20%. Symphony net surged 45% on 31% increase in revenues. Wipro net rose 9%.
- Nichole Harper
- 16 Jan, 2015
- New York City
Market indexes on Wall Street rebounded after five days of decline on the back of crude oil price gain. The consumer price index declined the most in six years in December and factory production slowed in the month and consumer confidence rose to the level not seen since January 2004.
- Mukesh Buch
- 16 Jan, 2015
- New York City
Comerica net surged 29% but revenues fell 4%. Goldman Sachs profit plunged 10% after revenues declined 12% on weak underwriting and fixed income trading. Intel profit surged 39% while revenues dropped 6%. PNC Financial Services net fell 2%. PPG net tumbled 67%.
- Nigel Thomas
- 16 Jan, 2015
- New York City
D Sports surged on higher sales and profit outlook. Moneysupermarket.Com forecasted sales to jump about 10% to