ticker

FTSE 100 Gains In Quiet Trading as Oil Edges Up

Lucy Stoeva
24 Dec, 2015
New York City

European markets traded higher after resource heavy FTSE 100 index edged up. Indexes in Spain gained but in France edged lower. Markets in Germany were closed.

DLF and GIC Finalize Investments, Reliance and Almaz in Frigate Deal

Sarla Buch
24 Dec, 2015
New York City

Reliance Defence and Russia-based AlmazAntey for manufacture the four frigates for the Indian Navy worth $4.8 billion. Singapore controlled fund invested $300 million in housing projects developed by DLF. ONGC plans to invest $530 million in three coal-bed methane blocks in eastern India.

Fujitsu Separates Computing and Mobile Businesses, Nikkei Eases

Hiruki Nakamura
24 Dec, 2015
New York City

Nikkei 225 average slipped and the yen eased in thin trading as markets in Europe and in New York wind down ahead of Christmas Holiday. Fujitsu Ltd decided to separate its mobile phone and computing businesses. Monex Group reported November revenues edged.

Weekly Surge of 3.4% in Sydney, Onthehouse Soars on Takeover Offer

Marcus Jacob
24 Dec, 2015
New York City

Australian market indexes gained and extended weekly gain to 3.4%. Australian dollar edged higher to 72.52 U.S. cents and gold and crude oil bounced from the recent lows. Real estate software developer Onthehouse soared on a takeover offer.

Wall Street and European Markets Extend Rally, Brent Crude Struggles

Nichole Harper
23 Dec, 2015
New York City

Wall Street indexes extended gains for the third day in a row after crude rebounded from an 11-year low and personal income increased and durable goods orders were unchanged. European markets closed higher on bargain hunting.

Lindsay, Nike Soar; Bed Bath & Beyond, Micron Technology Plunge

Mukesh Buch
23 Dec, 2015
New York City

Bed Bath & Beyond plunged 6% on weak sales and earnings per share forecast. Lindsay revenues and net declined 9%. Micron Technology net tumbled 79%. Nike profit surged 20%. Paychex net jumped 9%. ConocoPhillips agreed to sell its 50% stake in Rosneft.

European Markets Jump 2% on Brief Rebound in Brent Crude

Lucy Stoeva
23 Dec, 2015
New York City

European markets jumped 2% after Brent crude rebounded from the lowest since 2004 a day earlier. OPEC report suggested that the demand for its crude in 2020 is likely to be less than in 2016. Game Digital tumbled. Interbulk agreed to be acquired.

Sensex in Mumbai Jumps 1%, Rupee in 6-Day Rally

Sarla Buch
23 Dec, 2015
New York City

Rupee strengthens for the sixth day in a row. Wipro agreed to acquire Viteos Group for about $130 million. L&T secured orders worth ₹1,178 crore in December. Tata Steel is in talks to sell its U.K.-based steel unit to a private equity firm.

Australia Extends Six-Day Rally, Aurizon Lowers Profit Outlook

Marcus Jacob
23 Dec, 2015
New York City

Australian markets extended gains for the sixth day in a row on the strength in banking and mining stocks. Aurizon Holdings issued a profit warning. Mirvac Group signed an agreement with China Investment Corp. Slater & Gordon Limited faces another class action suit.

U.S. Home Sales Drop, GDP Estimate Lowered to 2%

Nichole Harper
22 Dec, 2015
New York City

Market indexes on Wall Street struggled to extend 2-day gains and commodities lacked direction in lacklustre trading. Existing home sales in November declined 10.5% but median home price rose 6.3%. European deal announcements picked up. Asian markets closed mixed.

Merger Deals in Europe Heat Up, DAX and CAC-40 Edge Higher

Lucy Stoeva
22 Dec, 2015
New York City

European markets traded slightly higher in a volatile session. Carrefour agreed to buy Romanian supermarket chain Billa Romania. Eurobank sells its 80% stake in Eurolife ERB Insurance. National Bank of Greece sells Finansbank to Qatar National Bank for

GE Sells Hyundai Capital Stake, ConAgra Profit Surges

Mukesh Buch
22 Dec, 2015
New York City

ConAgra profit surged. Cintas forecasted revenues for the year to jump 8%. Ennis net swung to profit but revenues fell. GE agreed to sell stake in Hyundai Capital to Hyundai Motor and Kia Motors. NetApp agreed to buy privately held SolidFire for $870 million.

Australian Stocks in 5-Day Rally, eCargo Soars

Marcus Jacob
22 Dec, 2015
New York City

Australian market indexes extended five-day rally and losses in banks and resource stocks trimmed gains. eCargo soared after signing a contract with Woolworths for its China operations. Broadspectrum proposed to reject the $692 million takeover proposal from Ferrovial.

Nikkei Average Holds Yearly Advance at 8%, Recruit Buys Dutch Rival

Hiruki Nakamura
22 Dec, 2015
New York City

The Nikkei 225 average closed marginally lower, while the Topix index edged higher in a lacklustre trading session ahead of a national holiday. McDonald reportedly plans to sell up to 33% stake in its Japanese unit. Recruit agreed to acquire Dutch rival USG People for

State Bank of India Plans $2 B Bond Offering, Rupee Gains

Sarla Buch
22 Dec, 2015
New York City

Sensex in Mumbai turned lower but rupee strengthened for the sixth day in a row. State Bank of India is looking to raise as much as $2 billion through a bond offering. Kotak Mahindra Bank acquired 1.37% stake in Godrej Properties.

Market Update