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Gloomier Outlook Drags European Markets

Nigel Thomas
09 Nov, 2015
New York City

European burses declined today on a gloomier outlook for the global economy, political uncertainty in Portugal and disappointment over mergers. Continental

U.S. October Report Offer Support to Rate Hike in December

123jump.com Staff
06 Nov, 2015
New York City

Market indexes on Wall Street lacked direction and net new jobs added in October increased 271,000. The strong job addition in the month supported the case for a rate hike at the next Fed meeting in December.

NVIDIA Soars, Echostar, Insmed Fall; Disney Profit Jumps

Mukesh Buch
06 Nov, 2015
New York City

Cigna forecasted 9% increase in annual revenues. Consolidated Edison net fell 2%. Echostar net tumbled 53%. Humana profit jumped 8% but revenues declined 9%. NVIDIA net soared 42%. Walt Disney profit advanced 7% after revenues soared 9%.

Australian Indexes Trim Weekly Losses, News Corp Falls

Marcus Jacob
06 Nov, 2015
New York City

Australian market indexes closed higher and trimmed weekly losses to 0.6%. News Corp declined after reporting weaker than expected quarterly sales. BHP Billiton trimmed losses after reporting an accident at a mine in Brazil.

Nikkei in 3-Day Rally, Olympus Net Soars 60%

Hiruki Nakamura
06 Nov, 2015
New York City

Nikkei average in Tokyo gained for the third day in a row and the yen hovered near its recent one-week low. Olympus Corp said first-half net soared 60%. Aoyama Trading Co., Ltd and Aoki Holdings Inc advanced on higher first-half sales and earnings.

Luxury Goods Stocks Plummet; Allianz, Inmarsat Net Fall

Nigel Thomas
06 Nov, 2015
New York City

European markets and luxury stocks trended lower after a warning from Richemont. Allianz profit declined 15% to

Sensex Eases; State Bank of India Net Rises 25%, Cipla Net Soars

Sarla Buch
06 Nov, 2015
New York City

Sensex in Mumbai edged lower and extended weekly losses to 1.5%. State Bank of India, Bank of Baroda and Punjab National Bank said quarterly profit jumped. M&M quarterly profit and revenues fall. Castrol India net rose 22%. Cipla net income surged 44%. Tata Steel net income jumped.

Wall Street Reverse Losses, U.S. Launches Drug Price Investigation

Nichole Harper
05 Nov, 2015
New York City

Market indexes on Wall Street reversed losses of as much as 0.8% but stocks across most sector generally traded lower. Facebook soared to a record high on strong quarterly results. U.S. launched a drug price increase investigation and sought information from four drug makers.

Expedia, FB, Ralph Lauren Soar; Qualcomm, Whole Foods Plunge

Mukesh Buch
05 Nov, 2015
New York City

Apache net loss widened and Duke Energy profit plunged 27%. Expedia agreed to acquire smaller rival HomeAway for $3.9 billion. FB net soared 11% after ad revenues rose 45%. Qualcomm profit declined 44%. Ralph Lauren net tumbled 20%.

EC Lowers Growth and Inflation Outlook, German Manufacturing Slowdown

Nigel Thomas
05 Nov, 2015
New York City

European markets were little changed, driven mostly by mixed earning reports. Adidas profit surged 10% on 18% increase in revenues. AstraZeneca net slipped and forecasted flat revenues for the year. Credit Agricole plunged after revenues declined. Deutsche Telekom net jumped. Heidelberg profit rose.

Nikkei in Tokyo Jumps 1% in Asian Rally

Hiruki Nakamura
05 Nov, 2015
New York City

Nikkei average in Tokyo jumped 1% on positive assessment of the U.S. economy and rally in Shanghai supported the market advance across several markets in Asia. Mitsubishi net swung to a loss. Marubeni net tumbled 76%. Toyota lowered fiscal year vehicle sales forecast after net profit soared 12%.

Bank Stocks in Australia Lead Decliners After Commowealth Results

Marcus Jacob
05 Nov, 2015
New York City

Australian market indexes and the bank stock fell after Commonwealth Bank said bad debts continued to rise but profits increased. Shanghai Composite surged 4% and extended 2-day rally on the stimulus measures expectations. Ardent Leisure tumbled. oOh!Media surged.

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