ticker

Nikkei Rebounds; Detsu Announces Buyback Plan, Sharp Plunges

Hiruki Nakamura
15 May, 2015
New York City

Nikkei average rebounded in Tokyo. Dentsu Inc and Marui Group joined other Japanese corporation in announcing share buyback plans and increasing dividend payout. Sharp Corp plunged after the company announced a restructuring plan that many felt did not go far enough.

Macquarie to Acquire Crown Castle Australia, ASX Extends Rally

Marcus Jacob
15 May, 2015
New York City

Australian market indexes increased 0.7% and extended weekly advance to 1.8%. Aussie dollar traded above 80 U.S. cents and prices of crude oil and gold closed higher in volatile trading.

3-Day Rebound in Rupee; GSFC, Infosys Profit Decline

Mukesh Buch
15 May, 2015
New York City

Dena Bank and Bank of Maharashtra reported rising loan losses and weak earnings as corporations struggle to lift earnings. Cadila net in the quarter soared 47%. GSFC net and revenues declined. Infosys net falls 5%. JK Tyre surged 136%. Jubilant Food climbed 26% on 25% increase in revenues.

U.S. Stocks Rally Nearing in Record Highs, Jobless Claims at 15-Year Low

Nichole Harper
14 May, 2015
New York City

Market indexes on Wall Street advanced and broader indexes traded near record highs and yield on 10-year U.S. treasury bond edged down to 2.25%. Wholesale prices fell in April and weekly jobless claims hovered near 15-year lows.

Cisco Profit Soars; J C Penney, Jack in the Box, Kohl's Plunge

Mukesh Buch
14 May, 2015
New York City

Cisco net soared 12% on 5% increase in revenues. Children

3i Group, Compass, Telefonica Net Climb; Bouygues Net Swings to Loss

Nigel Thomas
14 May, 2015
New York City

3i Group net climbed 35% to

Rising Global Bond Yields Drag Nikkei, Konica Minolta Surges

Hiruki Nakamura
14 May, 2015
New York City

Rising bond market yields hovered stock market sentiment in Tokyo and 10-year Japanese government bond yield jumped to a two-month high of 0.47%. Railroad company stocks declined. Konica Minolta announced stock buyback and dividend hike. Toshiba plans to write down earnings in last three years.

Australian Index Trade Down, ResMed Plunges 18%

Marcus Jacob
14 May, 2015
New York City

Australian market indexes traded lower and the Aussie dollar strengthened. Graincorp reported a decline in interim profit but held out for its annual outlook. ResMed plunged 18% after clinical results of heart failure and central apnoea failed to deliver results.

Wholesale Price Index in India Falls 2.6% in April

Mukesh Buch
14 May, 2015
New York City

Castrol India said net in the quarter soared 46%. Emami net climbed 25%. Oriental Bank net swung to profit. Pantaloons Fashion net loss narrowed. Umang Dairies net remained unchanged but revenues dropped.

Danaher to Acquire Pall for $13.8 Billion, Market Indexes Trend Lower

Nichole Harper
13 May, 2015
New York City

Market indexes on Wall Street trimmed morning gains and retail sales in April were flat. Danaher Corp agreed to acquire Pall Corp for $13.8 billion in cash. Senate Democrats blocked President Obama

Macy's, Ralph Lauren Net Decline; McKesson, TubeMogul Jump

Mukesh Buch
13 May, 2015
New York City

Macy''s net declined 14%. McKesson profit tumbled 64%. Precision Castparts net plummeted 72%. Ralph Lauren net plunged 19%. TubeMogul net loss narrowed. Zillow net swung to profit.

Current Account Surplus Widens in Japan, Softbank Net Rises 29%

Hiruki Nakamura
13 May, 2015
New York City

Market indexes in Japan lacked direction and current account in March widened to the largest since 2008. Separately, finance ministry said seasonally unadjusted exports increased 6.2% and imports declined 0.6%. Softbank annual net soared 29%.

Eurozone Growth Accelerates to 0.4%; AP Moeller, ABN Net Soar

Nigel Thomas
13 May, 2015
New York City

Markets across Europe stabilized after economic growth accelerated in March quarter. AP Moeller net surged but revenues plunged 10%. ABN AMRO profit soared 75% to

BHP Cuts Capex and Iron Ore Production Cost, Australian Stocks Advance

Marcus Jacob
13 May, 2015
New York City

Australian market indexes traded higher and the Aussie dollar held below 80 U.S. cents. BHP Billiton said it plans to cut its capital spending to $9 billion in fiscal year 2016 from $12.6 billion in fiscal 2015 and lower its iron ore production cost to $16 a ton.

Sensex Jumps 1.4%; Adani, Lupin, Torrent Struggle with Earnings

Mukesh Buch
13 May, 2015
New York City

Sensex index in Mumbai surged 1.3% and 10-Year bond yield closed at 7.94%. Reliance Jio raised $750 million from a Korean lender to roll out its 4G telecom services. Ashok Leyland said revenues soared 47%. Adani net plunged 74%. Lupin net fell 1%. Torrent Power net rose 2%.

Market Update