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Retailers in Focus as Holiday Shopping Kicks Off

Mukesh Buch
27 Nov, 2015
New York City

Retailers were in focus in New York trading as more customers shop online on Black Friday. China based social networking site Renren said net loss widened. Discount retailers Target and Wal-Mart report rising customer traffic at online stores.

China Worries Drag European Markets Led by Resource Stocks

Lucy Stoeva
27 Nov, 2015
New York City

European stocks were under pressure on the deepening economic slowdown in China. Rio Tinto plans to invest $1.9 billion to expand bauxite output. Royal Bank of Scotland booked a loss of

Ashok Leyland Wins Order in West Africa, Rupee weakened

Sarla Buch
27 Nov, 2015
New York City

Ashok Leyland won order for 3,600 vehicles worth $200 million from Cote d

Rio Tinto to Expand Bauxite Mining, Weekly Advance of 1% in Australia

Marcus Jacob
27 Nov, 2015
New York City

Australian markets lost steam in the afternoon and finished slightly lower. Rio Tinto plans to invest $1.9 billion in new bauxite project. Fox Sports, Nine Entertainment, and Telstra won the NRL broadcasting rights.

World Markets Trade Higher in Cautious Trading

Nichole Harper
26 Nov, 2015
New York City

European and Asian indexes closed higher in cautious trading and markets in New York were closed for Thanksgiving. Crude oil and commodities staged a mild rebound and investors in Europe anticipated another round of stimulus as early as next week.

Caleres, Deere, TiVo Soar; Guess Sales Fall

Mukesh Buch
25 Nov, 2015
New York City

Caleres net rose 3%. Deere & Co net tumbled 46% and revenues declined 25%. Guess profit and sales plummeted. TiVo net declined 16% while revenues jumped 12%.

ECB Action Anticipation, Infineon Results Lift European Markets

Lucy Stoeva
26 Nov, 2015
New York City

Stock markets headed north on Thursday, led by a rally in technology and mining. The euro tested seven-month low against the dollar. Infineon earnings were ahead of expectations and base metals price rebound boosted mining stocks.

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.

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