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Nikkei Tests 20,000 Mark, LCD Suppliers Fall

Hiruki Nakamura
26 Nov, 2015
New York City

Nikkei in Tokyo tested 20,000 market but failed to cross and the benchmark index closed up at a three-month high. Suppliers of LCD panels traded lower after Apple is said to select organic panels for its iPhone devices. SoftBank scheduled to raise 370 billion yen in a bond offering next week.

The Big Four Banks Drive Australian Markets Higher

Marcus Jacob
26 Nov, 2015
New York City

Stock markets in Australia close in positive territory led by banks and healthcare stocks. Monash IVF Group forecasts 25% growth in profit. BHP denied toxicity allegations in Brazil.

Idea in Spectrum Deal With Videocon, Sensex in India Up 0.7%

Sarla Buch
26 Nov, 2015
New York City

Sensex rebounded and resource stocks led the gainers. L&T secured two orders worth $200 million in November. Idea Cellular agreed to buy wireless spectrum from Videocon in the Uttar Pradesh and Gujarat circles for ₹3,310 crore.

Australian Construction Shrinks 3.6%, Fortescue Buys Back Bonds

Marcus Jacob
25 Nov, 2015
New York City

Stock markets in Australia decline as tension between Turkey and Russia escalated. The Utilities Trust of Australia secure electricity transmission network contract for $10 billion from the New South Wales government.

DAX Leads European Rebound with 2% Rise, Metro and Lafarge In Focus

Lucy Stoeva
25 Nov, 2015
New York City

Stock markets in Europe recouped losses on Wednesday as positive company announcements alleviated the pressure of political concerns. The U.K government announced plans to invest

Nasdaq Rebounds from 1% Fall, Rising Geopolitical Tensions

Nichole Harper
24 Nov, 2015
New York City

Market indexes on Wall Street rebounded from the fall of 1% and the U.S. third-quarter economic growth was revised higher to 2.1% from the first-estimate of 1.5%. European markets dropped more than 1% after tensions rose between Russia and Turkey.

Analog Devices, Dollar Tree Soar; Cracker Barrel, Tech Data Plunge

Mukesh Buch
24 Nov, 2015
New York City

Analog Devices net plunged 11% but revenues surged 20%. Cracker Barrel net jumped 20%. Campbell Soup net tumbled 19% to $315 million. Dollar Tree net fell 8%. Eaton Vance net and revenues declined. Tiffany profit surged but cited cautious outlook. Tech Data net edged up.

European Markets Fall 1% After Turkey Downs Russian Jet

Lucy Stoeva
24 Nov, 2015
New York City

European bourses recorded losses on Tuesday as the political and tourism environments deteriorate. Zodiac Aerospace said core annual earnings declined 44%. Kingfisher revenues dropped 3%. Rolls-Royce announced a major restructuring.

Nikkei Struggled in Tokyo Trading, Nitto Denko Surges

Hiruki Nakamura
24 Nov, 2015
New York City

Nikkei in Tokyo edged higher in listless trading and corporate news dominated trading sentiment in the absence of economic development. Nitto Denko jumped after its drug treatment for liver fibrosis won a favourable designation from the U.S. drug regulator.

Another Sell-off in Commodities Dents Australian Stocks

Marcus Jacob
24 Nov, 2015
New York City

Declining commodity prices led to a broad sell-off in mining and materials stocks. Billabong tumbled due to weak results and market outlook. Carlyle and TPG plan to sell their entire stake of 18% in Healthscope.

Nippon Life Lifts Reliance Life Stake to 49%, Mumbai Stocks Ease

Sarla Buch
24 Nov, 2015
New York City

Stocks in Mumbai trading lacked directions as foreign investors trim holdings. Japan-based Nippon Life Insurance lifted its stake from 26% to 49% in Reliance Life Insurance. Max India plans to sell 23% stake in Max Bupa Health insurance.

Wall Street Higher After Largest Heathcare Merger, Cautious World Markets

Nichole Harper
23 Nov, 2015
New York City

Market indexes on Wall Street traded higher on Merger Monday and resource stocks led the gainers after Saudi Arabia agreed to cooperate with other oil producers to stabilize prices. Pfizer and Allergan agreed to the biggest merger in the healthcare sector.

Pfizer to Buy Allergan for $160 B, GE Divests U.K. Home Loan Unit

Mukesh Buch
23 Nov, 2015
New York City

Pfizer agreed merger of Botox maker Allergan for $160 billion. GE agreed to sell its U.K.-based home loans business of $5.9 billion to consortium led by Blackstone. Brookfield agreed to support Australia-based Asciano. Jacobs Engineering net tumbled. Tyson Foods net surged.

FTSE, DAX Fall on Weak Commodities; Diebold Approaches Wincor

Lucy Stoeva
23 Nov, 2015
New York City

Stock markets lost ground in Europe on weakening commodity prices. Playtech terminated merger agreement with Plus500. Tod

Sensex in India Falls on Asian Weakness

Sarla Buch
23 Nov, 2015
New York City

Tata Communications is in talks with South Africa-based Vodacom SA to sell its Africa-based subsidiary Neotel. SeQuent Scientific

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