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Square Surges on Debut; Stein Mart Soar, Best Buy, Stage Stores Plunge

Mukesh Buch
19 Nov, 2015
New York City

Square stock surged 64% in its debut. Best Buy net soared but sales fell. Broadcom net jumped 21% while revenues plunged 9%. Buckle profit tumbled 12%. Cato profit surged and lifted forecast. Smucker net and revenues rose. Stein Mart net loss narrowed while Stage Stores net loss widened.

European Markets Advance; Sodexo, ThyssenKrupp Net Soar

Lucy Stoeva
19 Nov, 2015
New York City

European bourses recorded gains on the back of Sodexo stock buyback program and improving jobs market in the U.S. Royal Dutch Shell received Australian regulatory approval to acquire BG Group. Sodexo net soared 32%.

Nikkei Rises 1% Despite Weak Imports Data, BoJ on Hold

Hiruki Nakamura
19 Nov, 2015
New York City

Nikkei in Tokyo jumped more than 1% and the Bank of Japan left its monetary stimulus program intact. Exports in October declined 2% and imports tumbled 13%, prompting a caution that the domestic economy may not be strong enough.

Australia Indexes Soar 2% on Rising Possibilities of U.S. Rate Hike

Marcus Jacob
19 Nov, 2015
New York City

ASX 200 Index soared 2.1% on positive company news and a rally in resource sector. Stocks also advanced on the optimism that the U.S. economy is strong enough to withstand a rate increase as early as December.

Asia Advance and Lifts Sensex 1.4%, Auto Stocks Rally

Sarla Buch
19 Nov, 2015
New York City

Sensex jumped to a 7-week high following a sharp jump in stocks across Asia on the rising expectations that the U.S. economy is strong enough to withstand first rate hike in ten years. Auto stocks rallied. Punj Lloyd secured two contracts from NTPC.

S&P 500 Advance, Cautious European Trading

Nichole Harper
18 Nov, 2015
New York City

S&P 500 and Nasdaq jumped more than 0.8% and more Fed officials talked about the possible rate increase after the next Fed meeting in December. U.S. housing starts fell to a seven-month low in October.

ConAgra to Spin Off Frozen Unit; Lowe's, Target Profit Jump

Mukesh Buch
18 Nov, 2015
New York City

ConAgra plans to spin off its frozen potato business and restructure. Aramark net jumped 28% but sales declined 10%. Lowe''s profit soared 26%. La-Z-Boy net soared 9%. Staples net plunged 9%. Target lifted earnings forecast and quarterly net surged 56%.

Cautious Mood in Europe, Air Liquide in

Lucy Stoeva
18 Nov, 2015
New York City

Stock markets recorded losses after Air Liquide agreed to pay

Nikkei Advances 1% As BoJ Policy 2-Day Meeting Starts

Hiruki Nakamura
18 Nov, 2015
New York City

Stock in Tokyo opened nearly 1% higher but the yen weakened as investors focused on the two-day policy meeting of Bank of Japan that began today. Real estate, financial services and automobile parts makers led the gainers in trading.

Lower Commodity Prices Keep Australia

Marcus Jacob
18 Nov, 2015
New York City

ASX 200 Index closed little changed after lower commodity prices weighed on resource stocks, while coal-fired electricity faces reduced government funding due to climate change concerns. Orica reported yearly net loss of $1.4 billion.

Sensex Declined 1.5%; India to Sell 10% Stake in Coal India

Sarla Buch
18 Nov, 2015
New York City

The central government plans to sell 10% stake in Coal India and raise about $3.2 billion. Mahindra Lifespace Developers to acquired land parcel in Maharashtra. Aviation regulator fined three largest domestic airlines for price fixing.

U.S. Inflation and Output Rise, World Martkets Advance

Nichole Harper
17 Nov, 2015
New York City

U.S. market indexes advanced after inflation rose and manufacturing output in October expanded after declining for two months in a row. Sentiment on Wall Street was also bolstered after Wal-Mart and Home Depot reported better-than-expected earnings. European markets jumped nearly 2%.

Agilent, Home Depot, TJX, Wal-Mart Soar; Dicks Sporting, Urban Outfitters Drop

Mukesh Buch
17 Nov, 2015
New York City

Agilent net surged. Constellation Brands agreed to acquire Ballast Point Brewing for $1 billion. Dicks Sporting sales jumped 8%. Home Depot net and sales soared. TJX profit fell but lifted earnings outlook. Urban Outfitters net surged 10%. Wal-Mart net plunged 11%.

European Markets Jump Nearly 2%, Liberty Approaches Cable & Wireless

Lucy Stoeva
17 Nov, 2015
New York City

European markets rallied on the strengthened expectations of additional stimulus steps. Cable & Wireless soared on a merger offer of

Australian Rates on Hold, Resource Stocks Lead 2% Rally

Marcus Jacob
17 Nov, 2015
New York City

Markets in Sydney jumped 2.3% as energy stocks surged after a spike in oil price overnight. Reserve Bank of Australia decided to leave the cash rate unchanged at 2%. AusNet net swung to profit.

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