ticker

S&P Up 1% on Mergers, Volatile Oil, Greece and Earnings

Nichole Harper
05 Feb, 2015
New York City

Mergers, earnings, oil volatility and Greece drove market sentiment in New York and Europe. Pfizer agreed to acquire Hospira for $17 billion. U.S. trade deficit widened to a two-year high. Oil soared nearly 9%. Greece pushed for the rollback of austerity measures as the ECB takes steps.

BT to Acquire EE for

Mukesh Buch
05 Feb, 2015
New York City

ABB net surged 30% but revenues declined 9%. Becton, Dickinson net plunged 13%. BT agreed to acquire EE for

ECB Cuts Off Direct Lending to Greece, AstraZeneca Swings to Loss

Nigel Thomas
05 Feb, 2015
New York City

AstraZeneca net swung to a loss to $321 million and agreed to acquire respiratory business rights from the U.S.-based Actavis for $600 million. Smith & Nephew net fell 1% to $160 million. Vodafone revenues in the third-quarter climbed 14% to

Hitachi Plunges 10% on Earnings Miss, Japan Tobacco Net Drops 15%

Hiruki Nakamura
05 Feb, 2015
New York City

Corporate earnings in Japan were in focus and Hitachi missed operating earnings estimate but Sony reported best quarterly operating results in seven years. Toyota estimated fiscal year net to increased 17% and sales to gain 5%.

Australian Retail Sales Rise 0.2%, New Home Sales Fall 1.9%

Marcus Jacob
05 Feb, 2015
New York City

Australian market indexes extended 11-day rally in active trading and Aussie dollar rebounded slightly. Retail sales in December rose 0.2% but in the quarter jumped 1.5% and new home sales in the month declined 1.9%.

Sensex in India Extend 5-Day Decline, Banks Struggle for Second Week

Mukesh Buch
05 Feb, 2015
New York City

Aurobindo Pharma said net slipped 8%. Arvind net increased 7% and Bombay Dyeing net loss narrowed. JK Lakshmi cement net surged 31% while Ramco cement net slipped 10%. Jubilant FoodWorks net rose 4%.

U.S.Stocks Lacks Direction, January Auto Sales at 8-Year High

Nichole Harper
04 Feb, 2015
New York City

Stocks in New York traded sideways and oil fell from its one-month high and commodities retreated after rising for four days in a row. Staples agreed to acquire Office Depot for $6.3 billion. European markets closed nearly unchanged. China lowered bank reserve ratio and increase liquidity.

Staples Agrees to Acquire Office Depot, Disney Net Jumps

Mukesh Buch
04 Feb, 2015
New York City

Cognizant profit jumped 12%. GM net climbed 22%. Humana net swung to profit after revenues surged 21%. Merck net surged but revenues plunged 7%. Ralph Lauren net plunged 9%. Staples agreed to acquire Office Depot. Whirlpool net tumbled 55%. Walt Disney net Climbed.

Jump in Chinese Capital Outflow Forces PBOC to Lower Bank Reserve Ratio

Hiruki Nakamura
04 Feb, 2015
New York City

China joined other nations in offering more monetary support to economy as the economic growth slows and factory output growth struggles.

Nikkei Surges 1.9%, Largest Bank Mitsubishi UFJ Profit Rises 18%

Hiruki Nakamura
04 Feb, 2015
New York City

Stocks in Tokyo gained following better than expected profits from the largest bank Mitsubishi UFJ, Toyota Motor and Yamaha Corp. Astella Pharma said net income increased 38% in the nine-month period.

Second Day Advance in Australia Following a Rate Cut

Marcus Jacob
04 Feb, 2015
New York City

Australian market indexes gained for the second day in a row after RBA cut rates unexpectedly. Resource stocks advanced after commodities prices rebounded and oil traded at one-month high. Westfield sold some of its U.S. properties.

Heidelberger Net Loss Widen, Sky Net Surge; Glaxo Net Tumbles

Nigel Thomas
04 Feb, 2015
New York City

Glaxo profit tumbled 58.9% to

Sensex in India at 2-week Low; Airtel, Canara Bank Net Soar

Mukesh Buch
04 Feb, 2015
New York City

Alembic said net rose 7%. Bharti Airtel net surged 135% on 23% increase in revenues. Bharti Infratel net climbed 23%. Canara Bank net soared 60%. Tata Power net swung to profit. Gujarat Pipavav net climbed 16%. Wockhardt net jumped 14%.

S&P Agrees to Lowered $1.37 B Settlement

Nichole Harper
03 Feb, 2015
New York City

Standard & Poor

S&P 500 Index Jumps 1%, Stable Markets in Europe

Nichole Harper
03 Feb, 2015
New York City

Market indexes in New York jumped nearly 1.5% after oil price stabilized and reached one-month high. European markets also turned higher after Greece retreated from its debt write-off demands. Crude oil jumped 6%.

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