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Global Investors Lift India Bond Purchases, Zee, ITC Net Rise

Mukesh Buch
21 Jan, 2015
New York City

Crompton Greaves secured a contract worth $26 million from Indonesia. ITC said profit rose 11%. Praj Ind net plunged 49%. Rallis net declined 16%. Tata Elxsi net climbed 29%. Zee net surged 44% but total subscription revenues slid 2%.

U.S. Stocks and Oil Drops, IMF Cuts Global Economic Outlook

Nichole Harper
20 Jan, 2015
New York City

Stocks in New York declined and crude oil fell and gold gained. European markets advanced. IMF lowered its global growth outlook and said U.S., Canada and India are likely to sustain expansion while Russia, Brazil and the euro zone struggles and China faces a slowdown.

Morgan Stanley Net Surges, J&J Profit Plunges

Mukesh Buch
20 Jan, 2015
New York City

Baker Hughes net surged 167% on 13% increase in revenues. Delta Air Lines net swung to a loss. Halliburton net and revenues climbed 14%. iGATE net jumped 15% on 11% increase in revenues. Johnson & Johnson net plunged 28%. Morgan Stanley net surged to $920 million.

European Markets Advance; Unilever Profit Climb; SAP Net Falls

Nigel Thomas
20 Jan, 2015
New York City

Novozymes profit climbed 15% to 2.5 billion kronor on 6% increase in revenues. SAP net profit fell 1% to

Nikkei Soars 2.1% and Extends Two-day Rally, Itochu to Take Citic Stake

Hiruki Nakamura
20 Jan, 2015
New York City

Nikkei index in Tokyo soared 2.1% and extended gains for the second day in a row and the yen weakened. Itochu and Thailand based Charoen Pokphand Group filed to acquire 10% stake in China controlled Citic.

Australian Stocks Struggle on China Slowdown; ANZ, GUD QBE in Focus

Marcus Jacob
20 Jan, 2015
New York City

Market indexes in Australia eased after China said economic growth dropped to 7.4% and expanded at the slowest pace in 24 years. Commodities and oil prices were under pressure after the IMF lowered its estimate of global economic growth.

Sensex in India Soars to Record High, Kotak Mahindra Net Surge

Mukesh Buch
20 Jan, 2015
New York City

Hindustan Zinc profit surged 38%. Info Edge net rose 20%. Kansai Nerolac signed a joint venture to enter Sri Lanka market. Kotak Mahindra Bank net climbed 37% on 20% increase in revenues. South Indian Bank net plunged 38% but revenues jumped 10%.

World Markets Await ECB Stimulus Plan

Nichole Harper
19 Jan, 2015
New York City

Markets in Europe gained ahead of ECB meeting later in the week and oil prices closed down in London trading. Shanghai market indexes plunged nearly 8% after regulators limited the margin lending. Yield on 10-year Japanese government bonds dropped to a record low of 0.2%. U.S. markets were closed.

Shanghai Index Plunges 7.7% on Margin Lending Curbs

Bikram Pandey
19 Jan, 2015
New York City

Shanghai market index plunged 7.7% after the Chinese regulator curbed margin lending in an attempt to arrest the 40% rise the index in the last three months.

ECB Action Hopes Lift European Markets to 7-year High

Nigel Thomas
19 Jan, 2015
New York City

Balfour Beatty secured an infrastructure development contract worth up to

Record Low Yield on 10-year Japanese Bonds

Hiruki Nakamura
19 Jan, 2015
New York City

Bank of Japan entered the bond market to acquire government bonds and 10-year debt yield fell to a record low of 0.2%. Japanese yen strengthened to a 117.17 against one dollar and industrial output declined 0.5% in November.

Australian Indexes Trim 1.3% Surge

Marcus Jacob
19 Jan, 2015
New York City

Australian market index struggled to hold on to the 1.3% surge at the opening after Shanghai index plunged 6%. Dexus Property acquired a business and industrial estate in south of Sydney for $154 million.

Hindustan Unilever Net Soars 18%, Reliance Net Drops 4.5%

Mukesh Buch
19 Jan, 2015
New York City

Hindustan Unilever said profit climbed 17%. Rajesh Exports soared on UAE Export order. Reliance Industries net declined 4.5% and revenues plunged 20%. Symphony net surged 45% on 31% increase in revenues. Wipro net rose 9%.

U.S. and European Markets Rebound as Oil Jumps 4%

Nichole Harper
16 Jan, 2015
New York City

Market indexes on Wall Street rebounded after five days of decline on the back of crude oil price gain. The consumer price index declined the most in six years in December and factory production slowed in the month and consumer confidence rose to the level not seen since January 2004.

Goldman Sachs Net Falls, Intel Net Surges 39%

Mukesh Buch
16 Jan, 2015
New York City

Comerica net surged 29% but revenues fell 4%. Goldman Sachs profit plunged 10% after revenues declined 12% on weak underwriting and fixed income trading. Intel profit surged 39% while revenues dropped 6%. PNC Financial Services net fell 2%. PPG net tumbled 67%.

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