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3M, Du Pont Net Climb; Bristol-Myers, Pfizer, P&G Net Tumble

Mukesh Buch
27 Jan, 2015
New York City

3M net climbed 7% but sales fell 2%. Bristol-Myers net tumbled 98%. Caterpillar profit declined 25%. Corning net surged 135%. Du Pont revenues dropped 5%. Lockheed Martin net jumped 85%. Pfizer profit plummeted 52%. P&G net tumbled 31%.

Greek Debt Negotiation Stress Lift Bond Yields

Nigel Thomas
27 Jan, 2015
New York City

Bonds in the euro zone were in focus again after investors worried that Greek leaders may push for debt write-off opposed by European leaders.

European Markets Struggle; Ericsson, Novartis, Philips, Siemens Net Plunge

Nigel Thomas
27 Jan, 2015
New York City

Ericsson net plunged 35% to 4.2 billion kronor but sales rose 1%. Novartis net tumbled 26% to $1.5 billion and increase dividend for 2014. Philips net plummeted 68% to

Japan Stocks Near One-Month as Yen Weaken

Hiruki Nakamura
27 Jan, 2015
New York City

Stocks in Tokyo rebounded and the yen eased following market advance in Europe after European finance ministers showed willingness to negotiate with the newly elected Greek leader. Dai-ichi Life won the U.S. regulatory approval for the purchase of Protective Life.

Australian Dollar Drops as Iron Ore Plunges to a New 5-Year Low

Marcus Jacob
27 Jan, 2015
New York City

Australian market indexes traded higher in heavy volume and Aussie dollar continued its slide after iron ore prices fell to a new five-year low. Iron ore prices extended 55% losses in thirteen months on the rising production in Australia and softening demand in China.

Record High in Sensex in India, Maruti Net Rises 18%

Mukesh Buch
27 Jan, 2015
New York City

Bharat Electronics said profit soared 42%. Godrej Properties net rose 26%. Shriram Transport Fin net slid 1% but revenues increased 7%. Maruti Suzuki India net climbed 18% on 15% increase in revenues. UBI net fell 13%. United Spirits net jumped 21%.

MeadWeestvaco and Rock-Tenn Agree to Merge, Global Markets Edge Up

Nichole Harper
26 Jan, 2015
New York City

Rock-Tenn Corp agreed to merge with the rival packaging company MeadWestvaco Corp and create the second-largest paper and packaging company. Stocks on Wall Street traded sideways and in Europe investors took the latest Greek election results in strides.

Horton, MeadWestvaco Climb; Seagate, Grainger Decline

Mukesh Buch
26 Jan, 2015
New York City

D.R. Horton net climbed 16%. MeadWestvaco net tumbled 92% and agreed to merge with the rival Rock-Tenn. Norfolk revenues and net fell. Post Holdings climbed on positive outlook. Roper net soared 12%. Rock-Tenn net climbed 14%. Seagate profit surged 118%.

European Markets Take Greek Election in Strides, Delhaize Jumps 6%

Nigel Thomas
26 Jan, 2015
New York City

Balfour Beatty selected as preferred bidder for residential project for about

Greece Elects Anti-austerity Party to Lead New Government

Nigel Thomas
26 Jan, 2015
New York City

Financial markets across Europe opened lower but by late afternoon managed to recover after investors digested latest Greek election results.

Fourth Annual Trade Deficit in Japan Surges to a Three-decade High

Hiruki Nakamura
26 Jan, 2015
New York City

Exports in Japan soared 12.9% and surged to a record high in six years trimming annual trade deficit to 12.78 trillion yen, surpassing 11.5 trillion yen in 2013. Imports increased 1.9% in the month. Trade balance turned negative in 2011 and has expanded for four years in a row.

Record Low Bond Yields Around the World after ECB Stimulus

Nichole Harper
23 Jan, 2015
New York City

Bond yields took another dive and dropped to record low in the euro zone after the latest monetary stimulus in the euro zone. Bond prices rose across the euro zone including Greece, Portugal and Italy and yields fell near record lows in Germany, U.K., U.S. and Canada.

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