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Global Markets Subdued as Greek Bank Withdrawals Gather Pace

Nichole Harper
19 Jun, 2015
New York City

Global markets and U.S. stocks edged lower after investors worried that Greece may be inching towards a debt default. More than 4 billion euros left Greek banking system this week. Crude oil prices eased after the U.S. shale output remained strong despite the recent price collapse.

KB Home, Red Hat Jump; CarMax, Finisar, Hershey, Healthways Drop

Mukesh Buch
19 Jun, 2015
New York City

CarMax sales and profit jumped 7%. Finisar net plunged 75%. Hershey lowered its fiscal sales forecast. Healthways plunged on weak outlook. KB Home net tumbled 64%. Lumenis agreed to be acquired by China-based XIO Group for $510 million. Red Hat profit surged 28%.

BoJ Leaves Bond Prrogram Intact and Reiterates Inflation Target

Hiruki Nakamura
19 Jun, 2015
New York City

Nikkei average soared 0.9% and jumped 1.1% in the week after Bank of Japan left its bond purchase program intact and reiterated its inflation target timetable. Seven & I jumped on profit outlook. Mitsubishi UFJ Trust and Banking agreed to acquire fund administration business from UBS in Japan.

Australian Indexes Extend Weekly Gains, iProperty Soars 10%

Marcus Jacob
19 Jun, 2015
New York City

Australian market indexes advanced following the gains in New York and the Aussie dollar gained after the U.S. Fed statement. iProperty Group soared nearly 10% after it lifted its revenues outlook. Sydney Airport said domestic and international traffic increased in May.

Sensex in India Advances Most in 5 Weeks, LIC Increases Hindalco Stake

Mukesh Buch
19 Jun, 2015
New York City

Adani Power said IDBI Trusteeship Services Limited acquired 6.44% shares in the company. LIC increased its stake in Hindalco to 13%. L&T secured an orders worth ₹2,278 crore from various business in May and June.

Airbus Wins 110 Jet Plans Order, Fidelity Bids

Nigel Thomas
19 Jun, 2015
New York City

Airbus secured an order worth $15.6 billion for 110 jet planes. Bayer plans to invest

Wall Street Marches On, Fitbit Soas 50% on Debut

Nichole Harper
18 Jun, 2015
New York City

Market indexes on Wall Street advanced and extended weekly gains after jobless claims dropped to nearly 15-year low and the consumer price index increased at the fastest pace in two years. Fitbit completed its initial public offering to raise $732 million and stock soared 50%.

Markets in Japan and Asia Sold Off After Fed Statement

Hiruki Nakamura
18 Jun, 2015
New York City

Stocks in Tokyo and in Asia sold off after the latest statement from the U.S. Federal Reserve suggested rates may rise in a gradual fashion later in the year. Monex Group declined after operating revenues fell in May.

Australian Indexes Drop 1% on U.S. Rate Worries

Marcus Jacob
18 Jun, 2015
New York City

Market indexes in Australia dropped more than 1% after the U.S. Federal Reserve statement suggested rates are likely to rise later in the year. Banks led the decliners. Ten Network dropped 12%. Woolworths declined for the second day in a row.

Clarcor, Kroger Rise; Bankrate, Jabil Circuit, Oracle, Rite Aid Fall

Mukesh Buch
18 Jun, 2015
New York City

Bankrate net climbed 20%. Clarcor net jumped 11%. Jabil Circuit net plunged 62% but revenues soared 15%. Kroger profit rose 2%. Oracle net declined 22% on 5% decrease in revenues. Pier 1 Imports net plummeted 54%. Rite Aid net tumbled 54.6%.

Europe Movers: Bilfinger, Credit Agricole, Poundland, Telecom Italia, SAS

Nigel Thomas
18 Jun, 2015
New York City

Bilfinger plunged on weak fiscal outlook. Credit Agricole and Societe Generale plans to launch initial public offering for Amundi. Telecom Italia to sell Italiane and raise up to

Sensex Jumps 1.1%, ONGC in $400 M Expansion in Kazakhstan