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adidas Jumps on Reebok Offer, Nutreco in

Nigel Thomas
20 Oct, 2014
New York City

adidas received

Australian Markets in 5-day Rally, Medibank IPO May Raise $5.5 Billion

Marcus Jacob
20 Oct, 2014
New York City

Market indexes in Australia gained for the fifth day in a row. The global markets rebound on Friday extended weeklong market advance in Australia, but in thin volume. The Australian government is set to raise as much as $5.5 billion through the public offering of Medibank.

Alembic, Hindustan Zinc, UltraTech Net Surge; Unichem Lab Net Drops

Mukesh Buch
20 Oct, 2014
New York City

Alembic revenues rose 12%. Hindustan Zinc net surged 33%. Jindal Saw net surged and revenues rose 30%. Oberoi Realty net jumped 10%. Unichem Lab net tumbled 38%. UltraTech net and revenue soared.

Baxter, UnitedHealth Jump; Baker Hughes, eBay, Goldman Sachs Fall

Mukesh Buch
16 Oct, 2014
New York City

American Express net climbed 8%. Baker Hughes profit soared 10%. BB&T net surged 94% but revenues fell 2%. eBay net slid 2% while revenues surged 12%. Goldman Sachs net climbed 50%. PPG Ind net jumped 64%. UnitedHealth profit rose 2% on 7% increase in revenues.

BSkyB, WH Smith Profit Climb; Carrefour, Dassault Sales Drop

Nigel Thomas
16 Oct, 2014
New York City

BSkyB net surged 215% to

India Movers: GSFC, GRUH, Infosys, MindTree, TCS Profit Surge

Mukesh Buch
16 Oct, 2014
New York City

Cyient net surged 32%. GSFC profit climbed 23% on 5% increase of revenue. GRUH Finance net and revenues soared. Infosys net jumped 45%. MindTree net increased 6%. TCS profit and revenue climbed 13%.

Topix Enters Correction with Loss of 11%

Hiruki Nakamura
16 Oct, 2014
New York City

Japanese stocks plunged and the Topix index entered into a correction. Topix dropped 2.3% and extended loss to 11% from the September 25. The yen gained 0.2%. Japan Display plunged 18% after the company estimated annual loss.

Australian Indexes Rebound from Morning Shock

Marcus Jacob
16 Oct, 2014
New York City

Australian market indexes managed to shake-off morning losses in active trading following wild swings in the U.S. and European markets. Crude oil continued to slide in international markets and Aussie dollar closed below 88 U.S. cents. Banks led the gainers.

JPMorgan Net Swings to Profit; Citigroup, Wells Fargo Net Rise

Mukesh Buch
14 Oct, 2014
New York City

Citigroup net jumped 6% on 10% increase in revenues. Domino''s Pizza profit surged 16% after same store sales climbed above 7%. J&J net soared 59%. JPMorgan net swung to profit. J.B. Hunt net soared 14%. Wells Fargo net jumped 3%. Wolverine net climbed 6%.

Burberry Revenues Rise, Daimler Reports Improving Cash Flow

Nigel Thomas
14 Oct, 2014
New York City

Allocate Software agreed to be acquired by Acorn Bidco for

Nikkei in Tokyo Plunges 2.4% on Recession Worries

Hiruki Nakamura
14 Oct, 2014
New York City

Market indexes in Tokyo traded lower and Nikkei extended weekly losses and the Topix dropped to the low not seen since May 30. BIC Camera reported annual sales increased 3%. LIXIL Group estimated weak sales and earnings outlook.

Australian Market Indexes Soar 1%, Oz Minerals Lifts Outlook

Marcus Jacob
14 Oct, 2014
New York City

Australian market indexes rebounded and the Aussie dollar hovered near 88 U.S. cents after iron ore prices gained 4%. Oz Minerals soared more than 7% after miner revised higher gold and copper production estimate. Pacific Brands estimated weak outlook for fiscal first-half 2015.

Bajaj Finserv, Bajaj Finance, Symphony, Sintex Profit Climb

Mukesh Buch
14 Oct, 2014
New York City

Bajaj Finserv profit climbed 14%. Bajaj Finance net jumped 18% on 29% increase in revenue. IL&FS Engineering secured order worth Rs 1,232 crore from National Highways Authority of India. Liberty Shoes net climbed 25%. Symphony net and revenue surged. Sintex profit soared.

Blue Dart, IndusInd Bank Profit Soar; Bajaj Auto net declines

Mukesh Buch
15 Oct, 2014
New York City

Bajaj Auto net plunged 29% but sales soared 15%. Blue Dart net rose 3% on 24% increase of revenue. IndusInd Bank net climbed 30%. Sterling Holiday net loss narrowed after sales surged 60%.

Australian Vehicles Sales Rise 2.9%, Stocks Rebound

Marcus Jacob
15 Oct, 2014
New York City

Australian market indexes recovered some of the weekly losses and motor vehicles sales in September increased 2.9%. China reported lower than expected inflation of 1.6% in September. Rio Tinto said iron ore shipment in September quarter increased 15%.

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