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Sensex in India Drops to Six-Month Low, Rupee Declines

Mukesh Buch
07 May, 2015
New York City

Sensex in Mumbai trading declined to a 6-1/2 months low and foreign investors book profit. In 2015, the benchmark index declined 3.3%. Greaves Cotton profit plunged 54%. IIFL Holdings net and revenues surged. KEC International net soared 83%. Sintex Industries net climbed 23%.

Wall Street Scales Back on Yellen Comments and Productivity Report

Nichole Harper
06 May, 2015
New York City

Stocks on Wall Street traded lower after comments from Fed Chair Janet Yellen and weaker-than-expected read on productivity. Crude oil continued to advance to new high in 2015. Oil complex companies reported sharply higher losses on weak energy prices.

Herbalife Soar; Chesapeake Energy, Fossil, Groupon, Mylan Decline

Mukesh Buch
06 May, 2015
New York City

Brookfield Asset Management net surged 71%. Chesapeake Energy net swung to a loss after revenues plunged 45%. Herbalife net jumped 5%. Fossil net tumbled 43%. Groupon net loss narrowed. Motorola Solutions profit plummeted 42%. Mylan net tumbled 51%.

BMW, Soc Gen Net Climb; Alstom, Sainsbury Net Swing to Loss

Nigel Thomas
06 May, 2015
New York City

Market indexes across Europe rebounded and retail sales in March fell less than expected. Alstom net swung to a loss of

ASX Drops 2.3%; Commonwealth, News Corp, Woolworths Fall

Marcus Jacob
06 May, 2015
New York City

Australian market indexes plunged more than 2% on weak corporate results and retail sales were rose less than expected in March. Commonwealth Bank dropped on flat third-quarter cash profit. News Corp posted weak quarterly sales. Australian Securities Exchange revenues for nine months rose 4%.

Sensex Plunges 2.6% on Program Trading, Reliance to Sell Tower Unit

Mukesh Buch
06 May, 2015
New York City

Sensex in Mumbai plunged 2.6% after sell orders kicked off by program trading overwhelmed market activities. France-based AXA won an approval to increase its stake to 49% in insurance venture with Bharti.

Nasdaq Drops 1.3%, U.S. Trade Deficit at 6-Year High

Nichole Harper
05 May, 2015
New York City

Stocks on Wall Street traded lower and tech-heavy Nasdaq index declined 1.3%. Oil price jumped above $60 a barrel in New York. Two independent surveys showed service sector expanded in April. Indexes in Shanghai plunged 4%, in Europe fell as much as 2% and declined in India.

Archer Daniels, DirecTV, Walt Disney Net Jump; Kellogg Net Falls

Mukesh Buch
05 May, 2015
New York City

Anadarko Petroleum net loss widened on 60% decline in revenues. Archer Daniels net climbed 85% but revenues plunged. DirecTV net surged 30%. Estee Lauder net soared 28%. Hyatt Hotels net plummeted 28%. Kellogg profit fell. Walt Disney net climbed 10%.

European Markets Advance; Adidas, UBS Net Surge; Metro Net Plunges

Nigel Thomas
05 May, 2015
New York City

adidas profit climbed 8%. Lufthansa net swung to profit to

Sensex in India Falls; Ashok Leyland Unit Sales Surge, Kotak Net Climbs

Mukesh Buch
05 May, 2015
New York City

Stocks in Mumbai traded down and investors focused on corporate earnings. Ashok Leyland sales in April soared 43%. Kotak Mahindra quarterly net climbed 29%. Mangalam Cement net plunged 65%. DLF Limited plans to raise ₹3,600 crore of $450 million through a debt and stock offering.

Australian Rate Drops to Six-Decade Low, ANZ Net Up 3%

Marcus Jacob
05 May, 2015
New York City

Market indexes in Sydney gyrated before and after the rate decision announcement from the Reserve Bank of Australia. RBA lowered its reference rate to historic low of 2% and the central bank highlighted weak economic conditions.

U.S. Indexes Extend Gains on Factory Orders and Corporate Earnings

Nichole Harper
04 May, 2015
New York City

Stocks on Wall Street advanced and crude oil traded higher on the supply glut worries. Markets in Europe jumped more than 1% after a private survey showed factory activities in Germany expanded for the fifth month in a row. Cisco Systems said chief executive John Chambers would step down.

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