- Nichole Harper
- 26 Sep, 2014
- New York City
U.S. stocks rebounded a day after indexes dropped the most in three months. Bond market turned volatile after William Gross resigned from Pimco, the firm he helped to build. World markets traded volatile after commodities dropped to new multi-year lows.
- Mukesh Buch
- 26 Sep, 2014
- New York City
BlackBerry net loss narrowed despite revenue declined 42%. Finish Line net slid 1% but sales climbed 7%. Micron Technology net soared 43%. Nike net surged 23%. Thor net jumped 6% and sales climbed 14%.
- Nigel Thomas
- 26 Sep, 2014
- New York City
Asian Citrus Holdings net swung to a loss of
- Hiruki Nakamura
- 26 Sep, 2014
- New York City
Stocks in Tokyo closed lower a day after most shares trade ex-dividend. For the week, the Nikkei advanced 1.8% and inflation in Japan slowed in August. The yen traded near 109 against one dollar. Fanuc lifted its annual profit estimate.
- Marcus Jacob
- 26 Sep, 2014
- New York City
Australian indexes declined in the week and extended losses for the fifth week in a row. The Aussie dollar dropped again and ASX 200 index dipped to a negative territory. Four largest bank suffered selloff and Westpac lost 4% in the week.
- Mukesh Buch
- 26 Sep, 2014
- New York City
Emami agreed to acquire Rasoi Ltd. India Cements board approved Chennai Super Kings spinoff. JSW Energy enters talks to acquire three hydropower projects from Jaiprakash Power. Reliance Jio borrowed $750 million from Korea Exim Bank.
- Mukesh Buch
- 25 Sep, 2014
- New York City
HB Fuller net tumbled 86% but revenue rose 2%. Jabil Circuit net swung to a loss on 9% decline of revenue. Omnova Solutions net plunged 80%. Scholastic net loss widened while revenue jumped 3%. Worthington net plummeted 19% but sales climbed 25%.
- Nichole Harper
- 25 Sep, 2014
- New York City
Market indexes dropped more than 1% on Wall Street after durable goods orders plunged in August. Apple stock declined for the second day in a row after glitches in new phone and operating system were highlighted. Crude oil, gold and copper extend weekly losses.
- Nigel Thomas
- 25 Sep, 2014
- New York City
Direct Line agreed to sell its international business for
- Hiruki Nakamura
- 25 Sep, 2014
- New York City
The yen declined to a new six-year low and lifted market indexes to a new six-year high after investors increase stock exposure ahead of dividends. The yen closed at 109.25 against one dollar and the Nikkei Average gained 1.3%.
- Marcus Jacob
- 25 Sep, 2014
- New York City
Australian banks led the latest decline in stocks after the Aussie dollar dropped to the yearly low on the unwinding of yield-trade. Australia is facing weakening commodities prices, falling Aussie dollar and the exit of international investors.
- Mukesh Buch
- 25 Sep, 2014
- New York City
Andhra Bank plunged 12% on worries of loans to coal miners who are facing license cancellation. Jaypee Infratech tumbled after RPower abandoned to buy three hydropower projects. Punjab Alkalies surged after government approved divestment. SBI board approved 10-for-1 stock split.
- Nichole Harper
- 24 Sep, 2014
- New York City
Stocks on Wall Street gained after a three-day slump and new home sales rebounded sharply after three months of volatile data. Wal-Mart Stores Inc plans to launch checking account services that does not charge overdraft fees. India successfully placed its satellite in Mars orbit.
- Hiruki Nakamura
- 24 Sep, 2014
- New York City
Nikkei Stock Average dropped again on the weakness in metal and crude oil prices. The yen rebounded from its six-year low. Starbucks is set to acquire remaining stake in the Japan subsidiary. Amada Co, the maker of laser machinery estimated higher than expected six-month profit.
- Mukesh Buch
- 24 Sep, 2014
- New York City
Accenture net jumped 5%. AAR net tumbled 20% and revenue declined 9%. Bed Bath & Beyond profit plunged 10% but sales increased 4%. KB Home net edged up on 7% increase of revenue. Paychex net jumped 5%. Vail Resorts net loss widened but sales climbed.