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Nikkei at 2-Week Low, Toyota Forecasts Flat Annual Sales

Hiruki Nakamura
28 Jul, 2015
New York City

Nikkei average in Tokyo declined following another day of route in commodities complex and in China indexes. Kao Corp and Tokyo Electron were in focus after quarterly results. Toyota Motor estimated flat annual global unit sales after first-half sales declined 1.5%.

Australian Stocks and Dollar on Defensive as China Markets Turn Volatile

Marcus Jacob
28 Jul, 2015
New York City

Australian markets turned volatile and looked at China market moves. In active trading, ASX 200 index edged lower and the Aussie dollar retained downward bias with the losses extended deeper in commodities energy complex.

Honeywell in $5.1 B Deal with Melrose; Du Pont, Ecolab, Merck, Pfizer Net Drop

Mukesh Buch
28 Jul, 2015
New York City

Honeywell agreed to acquire the Elster unit of Melrose Ind for $5.1 billion. Ford net surged 44%. Du Pont sales and net declined. Ecolab net fell. Ingersoll-Rand net tumbled 74%. Merck net plummeted 66%. Pfizer profit plunged 10%. United Parcel Service net soared 171%.

Deutsche Boerse, Kering, Philips, Orange Net Soar; BP Net swings to Loss

Nigel Thomas
28 Jul, 2015
New York City

BP net swung to a loss to $5.8 billion on non-operating pre-tax charge of $9.8 billion. Deutsche Boerse profit climbed 10%. Kering net more than doubled to

4th Day Loss in Sensex in India; Maruti Net Rises, Banks Struggle

Mukesh Buch
28 Jul, 2015
New York City

Sensex index extends loss to the fourth day despite the sharp correction in crude oil price. Maruti quarterly profit soared 57% on 17% increase in revenues. Torrent net surged 75%. Punjab National Bank bad loan ratio surges and Union Bank net declined. Ambuja Cements net tumbled 45%.

S&P 500 Wipes Out Yearly Gain, Oil Prices at One-Year Low

Nichole Harper
27 Jul, 2015
New York City

Market indexes on Wall Street extended losses and major indexes are nearing to wipe out gains in the year. Crude oil extended five-week long losses and drops to one-year low but gold rebounded. Asian markets dropped after another sharp decline in Shanghai.

With Another Punge in China, Nikkei and Asian Markets Fall

Hiruki Nakamura
27 Jul, 2015
New York City

Nikkei in Tokyo declined following a plunge in market indexes in Shanghai and weak commodities prices. Canon Inc said first-half net fell 20%. Hitachi High-Technologies plunged 10% after quarterly results.

Teva in $40.5 B Deal with Allergan, McGraw to Acquires SNL Financial

Mukesh Buch
27 Jul, 2015
New York City

Teva agreed to acquire Allergan for $40.5 billion and withdrew its proposal to acquire Mylan. McGraw agreed to buy SNL Financial $2.2 billion. Biogen lowered revenues forecast. Johnson Controls net rose but sales fell. Norfolk net tumbled 23%.

Australian Markets Advance Despite Asia-Wide Declne

Marcus Jacob
27 Jul, 2015
New York City

Australian market indexes in thin trading rebounded as metal prices hover near new multi-year lows and market indexes in Shanghai plunge 8%. Atlas Iron Limited plunged 70% after a 16-week trading halt.

Sensex in India Declines 1.9%, Reliance Net Rises

Mukesh Buch
27 Jul, 2015
New York City

The Sensex decline in India was driven by the 8% market plunge in Shanghai. Reliance said quarterly profit rose 4% but revenues plunged 26%. MRF revenues increased 6%. Pfizer quarter profit soared 43%. Rajesh Exports acquired Switzerland-based Valcambi, the largest gold refinery in the world.

Deutsche Boerse to Buy 360T Beteiligungs, UBS Profit Surge

Nigel Thomas
27 Jul, 2015
New York City

European markets traded lower and commodities reached multi-year low. Deutsche Boerse agreed to buy 360T Beteiligungs for

Wall Street Indexes in 4-Day Decline, Weekly Loss of 5% in Oil

Nichole Harper
24 Jul, 2015
New York City

Market indexes on Wall Street declined for the fourth day in a row and metal prices fell to multi-year lows. Crude oil price extended 20% decline from the high of $61 a barrel in June and fell 5% in the week. Manufacturing sector outlook in China remained weak.

Meiji Yasuda Buys U.S Insurer StanCorp for $5 Billion, Nikkei Down 0.7%

Hiruki Nakamura
24 Jul, 2015
New York City

Investors in Tokyo sold stocks and focused on domestic earnings after manufacturing sector growth outlook was weak in China and overseas markets declined. Meiji Yasuda agreed to acquire the U.S. based insurance group for $5 billion. Softbank prepares for a bond offering next week.

Sensex in India Extends Losses; ABB, Biocon, Wipro Net Rise

Mukesh Buch
24 Jul, 2015
New York City

Market indexes on Dalal Street extended losses for the second day. Wipro said quarterly profit rose 4% on 10% increase in revenues. ABB India and Biocon net soared. Axis Bank profit jumped 19%. GAIL net plunged 32%. United Spirits net swung to profit.

Anthem in $54.2 B Deal with Cigna, AT&T Wins Approval for DirecTV

Mukesh Buch
24 Jul, 2015
New York City

Anthem agreed to acquire rival Cigna for $54.2 billion. Amazon net swung to profit on 20% increase in revenues. AT&T net plunged 14% and won a regulatory approval for the proposed acquisition of DirecTV. Caterpillar net tumbled 29%. Visa profit climbed 25%.

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