ticker

Nikkei Extends Gains on Earnings Reports; Dai-ichi Life, Toyo Tire Advance

Hiruki Nakamura
10 Aug, 2015
New York City

Nikkei average in Tokyo closed higher and investors digested earnings reports for the third week in a row. Dai-ichi Life Insurance reported quarterly net rose 68% and revenues surged 13%. Toyo Tire & Rubber surged after estimating lower-than-expected decline in annual net income.

Australian Mortgage Loans Rise 5.5%; Ansell, Carsales and JB Hi-Fi in Focus

Marcus Jacob
10 Aug, 2015
New York City

Australian market indexes advanced after a week of volatile trading and commodities prices rebounded. Ansell Ltd annual sales rose 3.5% and net soared more than four-fold. JB Hi-Fi soared 10% and declared annual dividend of 31 cents. Carsales.com agreed to acquire Mexico-based Soloautos.

Berkshire in $37 B Deal with Precision Castparts, Mallinckrodt to Buy Therakos

Mukesh Buch
10 Aug, 2015
New York City

Berkshire Hathaway agreed to acquire Precision Castparts for $37.2 billion and said profit declined 37% to $4.01 billion. CVR Partners plans to acquire 59.7% stake in Rentech Nitrogen. AES net tumbled 48%. Dean Foods net swung to profit. Sysco profit plunged 71%.

Sensex in India Falls; Adani Port net Jumps, Adani Power loss Widened

Mukesh Buch
10 Aug, 2015
New York City

Adani Ports said quarterly profit jumped 13% on 32% increase in revenues. Adani Power loss widened. Chambal Fertilisers profit surged 81% on 22% increase in revenues. Rural Electrification quarterly net rose 15%.

Europe Movers: Air France KLM, Carillion, Esure, Meggitt, QSC

Nigel Thomas
10 Aug, 2015
New York City

Air France passenger count in July increased 2.4% to 8.9 million. Carillion secured

Tollbooth and S&P 500 Extend Weekly Losses, World Markets Struggle

Nichole Harper
07 Aug, 2015
New York City

Market indexes extended losses in the week and broader indexes have lost more than 2% in the week. Latest jobs report may support the rate hike at the next meeting of policy makers. Volatile Shanghai market index jumped 2.3% and India accelerates road construction projects.

Nvidia, Viacom Jump; Groupon, Hershey, Sothebys Decline

Mukesh Buch
07 Aug, 2015
New York City

Consolidated Edison net jumped 3% but revenues dropped 4%. Groupon net swung to profit. Hershey net swung to a loss. IBM plans to acquire Merge Healthcare for $1 billion. NVIDIA net tumbled 80% but revenues jumped 4%. Sothebys net plummeted 13%. Viacom net slumped 3%.

Nikkei Extends Weekly Gain; Konica Minolta, Nikon Net Drop

Hiruki Nakamura
07 Aug, 2015
New York City

Nikkei 225 Average extended weekly gain and trading companies and camera makers were in focus after earnings results. Konica Minolta quarterly net declined 30% and Nikon net dropped 10%. Yokogawa Electric quarterly net jumped nearly four-fold.

Australian Stocks Dive; Virgin Loss Narrows, Orica Writes Down $1.6 B

Marcus Jacob
07 Aug, 2015
New York City

ASX 200 index fell sharply and bank stocks led the decliners for the second day in a row. Virgin Australia reported net loss on widening loss in its international operations. Explosive maker Orica Ltd plans to write down $1.65 billion as mining industry downturn cuts demand.

Allianz, Hexagon Net Soar; TDC, William Hill Profit Decline

Nigel Thomas
07 Aug, 2015
New York City

Allianz net surged 13%. Erste Group Bank net swung to a loss to

Infrastructure Stocks Power India Rally; Tata Motors, M&M Net Fall

Mukesh Buch
07 Aug, 2015
New York City

Infrastructure builders led by road contractors power India stocks rally. Tata Motors said quarterly profit plunged 48%. BHEL net tumbled 83%. M&M profit fell 3%. Future Retail net plunged 93% but revenues surged 23%.

Media Stocks Second Day Loss Slumps Wall Street Indexes

Nichole Harper
06 Aug, 2015
New York City

Stocks on Wall Street were under pressure after media stocks extended losses to the second day as more younger viewers migrate away from traditional television networks. U.S. weekly jobless claims rose less than expected.

Activist Ackman Acquires Stake in Mondelez, CF Ind in $6 B Deal

Mukesh Buch
06 Aug, 2015
New York City

Activist investor controlled hedge fund manager Ackman acquired 7.5% stake in Mondelez worth $5.5 billion. CF Ind agreed to acquire OCI businesses for $6 billion. Apache net swung to a loss. Costco comparable store sales were flat. Icahn Entp net tumbled 57%.

Japan Earnings:Mitsui Net and Sales Fall, Softbank Net Surges

Hiruki Nakamura
06 Aug, 2015
New York City

Nikkei average closed higher and more companies announce earnings. Mitsui & Company, one of the largest trading companies in Japan reported declining profit and earnings. Softbank said quarterly revenues rose 10% and said estimating earnings outlook is difficult on several uncertainties.

Adidas Net Soars 11%; Deutsche Telekom Net Slips, T Mobile Lifts Outlook

Nigel Thomas
06 Aug, 2015
New York City

adidas said profit soared 11% and the athletic shoe maker completed the acquisition Runtastic. Aviva net tumbled 37%. Deutsche Telekom profit plummeted 41% to

Market Update