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5-Year Low in Gold Trims Australian Indexes Gain

Marcus Jacob
20 Jul, 2015
New York City

Australian market indexes rebounded but weak commodities prices checked the rise. Precious metals miners edged lower after gold dropped to a new five-year low. DUET Group said it plans to acquire Energy Developments for $1.92 billion, as consolidation picks up in energy sector.

Sensex in India Falls; ACC and Ultratech Cement Sales Fall

Mukesh Buch
20 Jul, 2015
New York City

Two largest cement companies in India reported declining quarterly sales and earnings. INOX Leisure surged 15% after quarterly profit jumped four-fold. CRISIL net rose 12%. Hindustan Zinc net jumped 12% on 21% increase in revenues.

Aveva to Acquires Schneider Unit, Rolls-Royce Wins $2 B Contracts

Nigel Thomas
20 Jul, 2015
New York City

Aveva agreed to buy industrial software unit of France-based Schneider. Alstom sales climbed 8% but new orders tumbled. Rolls-Royce won two contracts worth about $2 billion. Julius Baer net profit tumbled 78% but revenues soared 12%.

Google and Facebook Rally Leads Nasdaq to Record, World Stocks Advance

Nichole Harper
17 Jul, 2015
New York City

Tech stocks rallied and Google Inc pushed Nasdaq Composite index further into record zone. However, weakness in energy stocks on weaker oil price kept the S&P 500 index in check. General Electric gained on improving outlook for industrial manufacturing business.

Nikkei Extends Weekly Rise, Eisai Transfers North Carolina Plant to Biogen

Hiruki Nakamura
17 Jul, 2015
New York City

Nikkei index extended weekly surge to 4.4% as world markets advanced on the hopes that the third bailout for Greece will be approved. Sharp Corp reported quarterly loss as management struggles with liquid crystal display business. Eisai Co agreed to transfer its facility in North Carolina to Biogen.

GE, Google, Honeywell Rise; Comerica, Domino's Pizza Decline

Mukesh Buch
17 Jul, 2015
New York City

Comerica net plunged 9%. Domino''''s profit surged 19%. GE net swung to a loss. Google profit surged 17% on 11% increase in revenues. Honeywell net climbed 8% but revenues declined 5%. J B Hunt net soared 11%. Grainger net jumped 7%.

German Lawmakers Approve Greek Proposal; Electrolux, Ericsson in Focus

Nigel Thomas
17 Jul, 2015
New York City

German lawmakers approve Greek proposal but a significant minority of ruling party disapproved. Electrolux net swung to profit of 608 million kronor. Ericsson profit plunged 20% and revenues climbed 11%. Fortum net surged 86% to

China Growth Extends Weekly Rise of 3% in Australia

Marcus Jacob
17 Jul, 2015
New York City

Market indexes in Sydney in volatile trading closed unchanged and trading volume was 30% below normal. For the week, the ASX index surged 3.2%. Metcash surged 10% after supermarket operator appointed a new chief. Santos Limited said quarterly production increased 12%.

Weekly Jump of 2.9% in Sensex, Tata Motor Plans $700 M Debenture Issue

Mukesh Buch
17 Jul, 2015
New York City

Tata Motors plans to raise ₹4,400 crore through a non-convertible debentures offering. Crompton Greaves won a contract in Saudi Arabia. MindTree agreed to acquire UK-based management consultancy.

World Markets Advance as ECB and Euro Ministers Offer Support to Greece

Nichole Harper
16 Jul, 2015
New York City

Market indexes on Wall Street and in Europe advanced and euro zone ministers and European Central Bank worked to expand emergency line of credit to Greek banks. U.S. jobless claims and housing data point improving economic conditions.

eBay, GS, Intel Profit Fall; Citigroup Net Rises

Mukesh Buch
16 Jul, 2015
New York City

BB&T net jumped 7%. Citigroup profit surged after credit loss and expenses declined. eBay net tumbled 88% but revenues climbed 7%. Goldman Sachs net plunged 53%. Intel profit dropped 3% on 5% decline in revenues. Netflix net plunged 63%. Philip Morris net rose 2%.

Greek Lawmakers Approve Conditions; Nordea Bank, Sports Direct Net Soar

Nigel Thomas
16 Jul, 2015
New York City

Greek lawmakers approve tougher conditions demanded by international lenders. Carrefour sales jumped 4%. Elisa profit soared 12%. Investor net swung to a loss to 8.5 billion kronor. Nordea Bank profit climbed 39%. Rio Tinto lowered iron ore shipments forecast. Sports Direct net surged 33%.

Nikkei Extends 4-day Rally; NSK and Mitsubishi Chemical in Focus

Marcus Jacob
16 Jul, 2015
New York City

Nikkei extended gains for the fourth day in a row and the yen held firm after Greek lawmakers approved tougher conditions demanded by international lenders. Mitsubishi Chemical plans to integrate with plastics and rayon companies.

Aussie Dollar Slips to Six-Year Low, Rio Says Weak Iron Ore Outlook

Marcus Jacob
16 Jul, 2015
New York City

Australian markets traded higher but the Aussie dollar dropped below 74 U.S. cents. Rio Tinto said global iron ore production in June quarter rose 9% but issued weak outlook for shipment. Woodside Petroleum second quarter revenues dropped 46%.

Sensex Rises 0.9%, Bharti in Telecom Tower Talks with Idea and Vodafone

Mukesh Buch
16 Jul, 2015
New York City

Sensex extended weekly gains. Bharti is in advanced talks with Vodafone and Idea Cellular to acquire telecom towers for $1.6 billion. Reliance started to sell diesel to Indian Railways. Adani Power secured three power transmission projects in Chhattisgarh.

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