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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%.

Deutsche Wohnen Rejects

Nigel Thomas
14 Oct, 2015
New York City

ASML net surged 32%. Diageo agreed to sell its U.S. and U.K.-based wine operations to Australia-based Treasury Wine. Deutsche Wohnen rejected formal

Wholesale Prices Fall 11th Month in a Row, Zee Net Decline

Mukesh Buch
14 Oct, 2015
New York City

The wholesale price index increase slowed for the 11th month in a row. Hindustan Unilever said profit in the second-quarter fell 3% but revenues rose 4%. Zee Entertainment posted disappoint results net and revenues falls. TTK Prestige net surged 22%.

China Growth Slowdown and Financial Earnigns Worries on Wall Street

Nichole Harper
13 Oct, 2015
New York City

Stocks meandered on Wall Street after SAB Miller agreed to be acquired by InBev for $106 billion. Financials were under pressure ahead of earnings this week. Mixed trade data from China also muted trading sentiment across Atlantic.

Aussie Dollar Halts 9-Day Rally on Mixed China Trade Data

Marcus Jacob
13 Oct, 2015
New York City

Australian market indexes slipped and the Aussie dollar halted its nine-day winning streak after China reported mixed international trade data in September. Telstra said it will book $80 million charge after a fixed-line pricing ruling by a regulator.

Nikkei Drops 1.1% on Weak Energy Stocks

Hiruki Nakamura
13 Oct, 2015
New York City

Nikkei average in Tokyo dropped more than 1% and the yen gained. On the weakness in crude oil prices, energy stocks led the market selloff after investors returned from a three-day holiday weekend. Inpex Corp and Japan Petroleum led the decliners.

Wausau Agreed to be Acquire by Sweden-based SCA, JNJ Profit Declines

Mukesh Buch
13 Oct, 2015
New York City

Wausau Paper agreed to be acquired by Sweden-based SCA. Dollar Tree plans to re-brand its Deals stores. Fastenal net increased. Johnson & Johnson profit tumbled 20% on 7% decline in revenues. PrivateBancorp net jumped 12%.

SABMiller Agrees to Merger with AB Inbev, U.K. Sells Royal Mail Stake

Nigel Thomas
13 Oct, 2015
New York City

Aixtron plunged 14% on lowered revenues outlook. Leoni tumbled 33% on weaker than estimated operating profit. The U.K. government sells its remaining 14% stake in Royal Mail. SABMiller agreed to merge with Anheuser Busch. SAP third-quarter revenues surged 17%.

TCS Net Jumps 15%, Rupee Drifts Near Record Low

Mukesh Buch
13 Oct, 2015
New York City

TCS, the largest software services provider in India said net in the second-quarter soared 15%. DCB Bank slipped 10% but revenues surged 32%. ABB India secured an order to strengthen power grid in India. Japan-based Nippon Life Insurance signed an agreement to increase its stake to 49% in the RCap.

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