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Nikkei Jumps 1% on Additional Easing Speculation

Hiruki Nakamura
16 Oct, 2015
New York City

Nikkei average jumped more than 1% on a growing speculation that the Bank of Japan may offer additional stimulus. Market advance was also supported by the gains in Shanghai ahead of the gross domestic report. Adastria Co, the apparel retailer said sales in first-half jumped 10%.

Australian Indexes Trim Weekly Losses, Rio Guides Higher Iron Ore Production

Marcus Jacob
16 Oct, 2015
New York City

Australian market indexes closed higher but for the week declined and the Aussie dollar closed slightly lower from its one-week high. Rio Tinto said iron ore production increased in the third-quarter but copper production is expected to fall short of its previous estimate.

Third Weekly Gain in Sensex in India, Reliance Industries Net Jumps 13%

Mukesh Buch
16 Oct, 2015
New York City

Reliance Industries said profit in the second-quarter jumped 13% on 34% increases in revenues. Bharti

GE Net Declines, Honeywell Net Jumps; Quanta Services, Grainger Plunge

Mukesh Buch
16 Oct, 2015
New York City

Advanced Micro Devices net swung to a loss after sales tumbled 26%. First Horizon net soared 46%. GE net plunged 29%. Honeywell net jumped 8% but revenues dropped 5%. Mattel revenues and profit plunged. Quanta Services tumbled on weak outlook. Grainger net slumped 17%.

Carrefour, Hugo Boss, Remy Cointreau Sales Jump; Nestle Sales Fall

Nigel Thomas
16 Oct, 2015
New York City

Carrefour sales increased 4%. Hugo Boss group sales jumped 4%. Nestle total sales in the nine-month fell 2%. Remy Cointreau total sales in the first-half soared 6% to

Citigroup Earnings Spark Rally on Wall Street, Reported Inflation Weak

Nichole Harper
15 Oct, 2015
New York City

Stocks on Wall Street rose and financials led the market indexes higher by 1% or more. Citigroup rose 4% after the third-largest bank reported strong earnings. Nike Inc surged on better revenues outlook and Netflix plunged 8% on weaker-than-expected U.S. subscriber additions.

Nikkei Rebounds 1.2%, FamilyMart and UNY Merge

Hiruki Nakamura
15 Oct, 2015
New York City

Bargain hunters helped the Nikkei average to rebound and halt a 3-day sell-off in Tokyo. Convenience store chain operator FamilyMart agreed to acquire the smaller rival UNY Group for $1.4 billion in all stock merger. Sumitomo Mitusi Construction rebounded after a plunge in Wednesday.

Australian Stocks Halt 3-Day Sell-Off, Jobless Rate Held at 6.2%

Marcus Jacob
15 Oct, 2015
New York City

ASX 200 index in Sydney closed higher and ended a 3-day sell-off and jobless rate held at 6.2% in September. New motor vehicle sales in the month increased 5.5%. Australian dollar strengthened for the third day in a row.

Citigroup Net Soar on Lower Expenses, Goldman Sachs Net Tumbles

Mukesh Buch
15 Oct, 2015
New York City

Citigroup net surged 54% after legal costs and operating expenses plunged 18%. Goldman Sachs net tumbled 38%. Philip Morris profit plunged 10%. BB&T net fell 4% but revenues soared 7%. U.S. Bancorp net rose 0.7%. Blackstone net swung to a loss.

Europe Movers: Burberry, Montupet, Repsol, Syngenta, Tesco, WH Smith

Nigel Thomas
15 Oct, 2015
New York City

Unilever revenues soared 9.4%. Repsol plans to sell assets worth about

Jaguar Land Rover September Sales Up 3%, LIC Housing Net Soars 21%

Mukesh Buch
15 Oct, 2015
New York City

Adani group received approval from Australian government for Carmicheal coal mine and rail project with 36 conditions. Jaguar Land Rover retail sale rose 3% in September. LIC Housing Finance net soared 21% on 16% increases in revenues.

Retailers and S&P 500 Decline After Wal-Mart Plunges 10%

Nichole Harper
14 Oct, 2015
New York City

Market indexes on Wall Street declined after Wal-Mart and JPMorgan disappointed investors. Wal-Mart dropped 10% after lowering annual earnings outlook. JPMorgan declined nearly 3% after the bank missed third-quarter earnings.

Nikkei Drops 1.9%, China-Related Stocks Lead Decliners Again

Hiruki Nakamura
14 Oct, 2015
New York City

Nikkei in Tokyo dropped 1.9% and fell below 18,000 mark for the first time in two weeks. China-related stocks declined for the second day after the second largest economy reported mixed trade data.

Day Three of Australian Stock Sell-off, Westpac to Raise $3.5 B

Marcus Jacob
14 Oct, 2015
New York City

Australian market indexes declined for the third day in a row. Banks and energy stocks led the decliners. Banks were under pressure after Westpac Banking launched a stock offering to raise $3.5 billion.

BofA Net Swings to Profit, JPMorgan Net Soars but Misses Estimates

Mukesh Buch
14 Oct, 2015
New York City

Bank of America net swung to profit. BlackRock profit declined 8%. Commerce Bancshares net slipped 6% but revenues jumped 5%. Delta Air Lines net surged to $1.3 billion. JPMorgan Chase profit soared 22% while revenues fell 7%. Wells Fargo net rose 0.5%.

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