ticker

Allianz, Hexagon Net Soar; TDC, William Hill Profit Decline

Nigel Thomas
07 Aug, 2015
New York City

Allianz net surged 13%. Erste Group Bank net swung to a loss to

Infrastructure Stocks Power India Rally; Tata Motors, M&M Net Fall

Mukesh Buch
07 Aug, 2015
New York City

Infrastructure builders led by road contractors power India stocks rally. Tata Motors said quarterly profit plunged 48%. BHEL net tumbled 83%. M&M profit fell 3%. Future Retail net plunged 93% but revenues surged 23%.

Media Stocks Second Day Loss Slumps Wall Street Indexes

Nichole Harper
06 Aug, 2015
New York City

Stocks on Wall Street were under pressure after media stocks extended losses to the second day as more younger viewers migrate away from traditional television networks. U.S. weekly jobless claims rose less than expected.

Activist Ackman Acquires Stake in Mondelez, CF Ind in $6 B Deal

Mukesh Buch
06 Aug, 2015
New York City

Activist investor controlled hedge fund manager Ackman acquired 7.5% stake in Mondelez worth $5.5 billion. CF Ind agreed to acquire OCI businesses for $6 billion. Apache net swung to a loss. Costco comparable store sales were flat. Icahn Entp net tumbled 57%.

Japan Earnings:Mitsui Net and Sales Fall, Softbank Net Surges

Hiruki Nakamura
06 Aug, 2015
New York City

Nikkei average closed higher and more companies announce earnings. Mitsui & Company, one of the largest trading companies in Japan reported declining profit and earnings. Softbank said quarterly revenues rose 10% and said estimating earnings outlook is difficult on several uncertainties.

Adidas Net Soars 11%; Deutsche Telekom Net Slips, T Mobile Lifts Outlook

Nigel Thomas
06 Aug, 2015
New York City

adidas said profit soared 11% and the athletic shoe maker completed the acquisition Runtastic. Aviva net tumbled 37%. Deutsche Telekom profit plummeted 41% to

ANZ to Raise $3 Billion, Rio Tinto Net Plunges 82%

Marcus Jacob
06 Aug, 2015
New York City

Banks in Australia led decliners and the ASX 200 index fell more than 1% after ANZ said it plans to raise more than $3 billion. Downer EDI plunged more than 11% after weak quarterly results. Rio Tinto net profit tumbled 82% on weak commodities prices.

India

Mukesh Buch
06 Aug, 2015
New York City

Siemens India quarterly profit surged. Cummins India surged 13% on 19% increase in revenues. Bajaj Electricals net soared 261%. Ramco Cements net surged 161%. NDTV Loss Widened.

U.S. Trade Deficit Widens, World Markets Focus on Domestic Earnings

Nichole Harper
05 Aug, 2015
New York City

S&P 500 and Tollbooth indexes extended gains in the session. Trade deficit widened in June and exports declined for the second month in a row. Private employers added fewer jobs in July. Media stocks declined after Disney lowered cable profit outlook.

Australian Markets Lower on Weak Bank Stocks

Marcus Jacob
05 Aug, 2015
New York City

Australian market indexes traded weak despite a slight rebound in commodities prices in the region. Skilled Group swung to a quarterly loss after mining and energy companies cut workforce.

Toyota Reaffirms Global Production Outlook, Marubeni Net Rises 7%

Hiruki Nakamura
05 Aug, 2015
New York City

Investors shifted focus to domestic earnings. Toyota said quarterly net rose 10% and reaffirmed its annual global production outlook with a slight change in production mix. Marubeni said quarterly net rose 7% but sales declined 10%.

Activision, Cognizant, Motorola, Priceline Soar; Time Warner, Disney Drop

Mukesh Buch
05 Aug, 2015
New York City

Activision net jumped 4%. Baxalta rejected $30 billion unsolicited proposal from Shire. Cognizant net rose 13%. DISH net surged 52%. Intercontinental Exchange net climbed 25%. Motorola net tumbled 83%. Priceline net declined 10.3%. Time Warner net soared 14%. Disney net rose 10%.

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