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Sensex Drops 2.1%, Maruti Leads Auto Sales Growth in December

Sarla Buch
04 Jan, 2016
New York City

Ashok Leyland said vehicle sales in December soared 31%. Maruti Suzuki sales jumped 13.5% but Tata Motors sales declined 4% in the month. Bajaj Auto sales were unchanged and Hero MotoCorp said two-wheeler sales declined 5.3% in the month.

After First Decline in 4 Years, Analysts Expect Sensex to Jump 30% in 2016

Sarla Buch
01 Jan, 2016
New York City

Sensex on the first day of trading in 2016 advanced cautiously and brokerage firms estimated sharp escalation in market indexes but in volatile fashion. Maruti Suzuki said December vehicle sales advanced 9%.

2015: Tollbooth Strategy Leads With 7.6% Rise, Crude Oil Falls 36%

Nichole Harper
31 Dec, 2015
New York City

After a volatile year, U.S. indexes failed to make advance in the second-half. S&P 500 index declined 0.6% in 2015 but the Tollbooth Strategy led the U.S. indexes with a surge of 7.6%. Germany led the European markets with 15.6% rise and Japan closed up 9.1%.

European Markets Wind Down as German Indexes Lead

Lucy Stoeva
31 Dec, 2015
New York City

Germany and France advanced in the year but resource heavy U.K. index closed down in 2015. Interbulk sells 6.6% stake to Den Hartogh. Serco divested its offshore private sector business. Julius Baer raised U.S. tax settlement investigation provision to $547 million.

Sensex in Mumbai Gains; Cadila, GIC in Focus

Sarla Buch
31 Dec, 2015
New York City

Stocks in Mumbai edged higher in thin trading. GIC Housing Finance plans to buy 16% stake in LIC Nomura mutual fund unit. National Highways Authority of India awarded first phase development contract for Delhi-Meerut to Welspun Enterprises.

Du Pont to cut 1,700 jobs, Fairchild Receives $2.5 B Unsolicited Offer

Mukesh Buch
30 Dec, 2015
New York City

Calavo Growers net swung to profit. Du Pont plans to reduce 1,700 jobs in Delaware. Fairchild received an unsolicited offer for $2.46 billion. KaloBios filed for Chapter 11 bankruptcy.

Markets in Europe and Japan Lead Global Indexes, Emerging Markets Struggle

Nichole Harper
30 Dec, 2015
New York City

Market indexes in the U.S. struggled to stay in the positive for the year and France and Germany led markets in Europe. In Asia, Japan closed up 9.1% for the year as index in India dropped more than 8% in 2015.

German and French Indexes Lead 2015 Gains in Europe

Lucy Stoeva
30 Dec, 2015
New York City

European markets declined on Wednesday, led by mining and energy companies. Apple Italia agreed to pay

Australian Stocks in 9-Day Rally Overlooking Weak Commodities

Marcus Jacob
30 Dec, 2015
New York City

Australian stock markets extended gains for the ninth day in a row in the final week of 2015. Byron Energy Ltd completed $4.5 million stock offering to finance Gulf of Mexico expansion. Hills Limited financial facility was reduced by half.

Sensex Falls on Global Growth Worries and Profit Booking

Sarla Buch
30 Dec, 2015
New York City

Sensex in Mumbai traded lower on global growth worries and caution ahead of derivatives expiration. Bharti acquired 74% stake in Augere Wireless Broadband. SREI agreed to acquire leasing joint venture stake from its France-based partner BNP Paribas.

Nikkei Leads Developed Markets with 9.1% Gain in 2015

Hiruki Nakamura
30 Dec, 2015
New York City

Nikkei 225 average in Tokyo closed up 9.1% and led the developed markets in the world. Bridgestone Corp said it has no plans to revise its offer higher for Pep Boys.

Tech Rally Lifts S&P 500 to Positive in 2015

Nichole Harper
29 Dec, 2015
New York City

S&P 500 index traded in the positive zone for the year after tech stocks rallied and energy complex stocks edged higher. Crude oil jumped 2%. European markets extended yearly gains but the FTSE 100 index lagged and the markets in Asia closed mixed.

Intel Wins European Approval for Altera, Icahn Lifts Bid for Pep Boys

Mukesh Buch
29 Dec, 2015
New York City

GE agreed to acquire privately held gas turbine maker Metem Corp. European Commission approved the merger between Altera and Intel. Icahn Entp lifted Pep Boys-Manny Moe offer to $1 billion.

European Markets Advance, Resource Heavy FTSE 100 Lags

Lucy Stoeva
29 Dec, 2015
New York City

European markets advanced on Tuesday in light trading. Anglo American sold its 83.3% stake in Australia-based Dartbrook Coal Mine. Deutsche Bank sold its 20% in China-based Hua Xia Bank for

Australia Extends 8-Day Rally Gains

Marcus Jacob
29 Dec, 2015
New York City

ASX 200 index extended gains for the eight session in a row. Australian Dairy Farms Group acquired privately-owned Camperdown Dairy Farms for $11 million in cash. Australian Pacific Coal Ltd acquires 83.33% in Dartbrook mine from Anglo American.

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