Market Update

Australia Looks Ahead to Rate Decision, Westpac, Stockland, Tabcorp in Focus

Marcus Jacob
04 May, 2015
New York City

Australian market indexes struggled to trade higher ahead of interest rate decision from the Reserve Bank tomorrow. Westpac Banking reported flat profit on charges in the derivative business. Stockland Corp forecasted annual profit to increase between 7% and 7.5%.

U.S. Stocks Move Higher; Construction and Manufacturing Sectors Struggle

Nichole Harper
01 May, 2015
New York City

Stocks on Wall Street bounced from the decline of last two days as consumer confidence jumped to the second-highest level in eight years but manufacturing and construction industries struggled. GM said auto sales in April jumped and Ford sales gained 5.4%.

Deutsche Boerse Net Falls, Lloyds Net Plunges 19%

Nigel Thomas
01 May, 2015
New York City

Continental first-quarter revenues surged 14% to

Ford, GM April Sales Climb; LinkedIn, Twitter Loss Widen

Mukesh Buch
01 May, 2015
New York City

AIG quarterly net surged 56%. Chevron net tumbled 43% on 35% decline in revenues. Duke Energy net swung to profit. Ford April sales jumped 5.4% and GM sales climbed 6%. LinkedIn and Twitter net loss widened. US Cellular profit surged more than seven-fold.

After a Year Prices Begin to Rise in Japan, Nikkei at 1-Month Low

Hiruki Nakamura
01 May, 2015
New York City

Market indexes in Japan closed higher ahead of Golden Week holiday through May 6. Core consumer price index increased for the first time in a year. Jobless rate improved to 3.4% and household spending dropped in March. Sony estimated operating profit in the current fiscal year.

Australian Markets Trim Weekly Loss of 2%, Home Prices Advance

Marcus Jacob
01 May, 2015
New York City

Australian market indexes traded higher and trimmed weekly losses to 2% as home prices in capital cities across the nation continue to rise. Atlas Iron plans to reopen two of the three recently closed iron ore mines.

Wall Street Indexes Drop 1.4%, Crude Oil at New 2015 High

Nichole Harper
30 Apr, 2015
New York City

Market indexes on Wall Street tumbled led by a decline in technology companies and on mixed batch of economic data. Apple declined nearly 3% after the company restricted the sale of Apple Watch. Crude oil extends to a new 2015-high.

Colgate, Visa Profit Soar; Exxon, Time Warner Net Drop

Mukesh Buch
30 Apr, 2015
New York City

American Tower net declined 9% but revenues climbed 9%. BorgWarner net soared 12%. Colgate-Palmolive profit surged 40% while revenues dropped 6%. Cigna revenues climbed 11%. Exxon Mobil net tumbled 46%. Time Warner net fell 4%. Visa net surged 11%.

Inflation Halts from Falling in Euro Zone, BNP Paribas Net Rises

Nigel Thomas
30 Apr, 2015
New York City

Airbus profit surged 80% to

Nikkei Plunges 2.7%, Honda, NTT DoCoMo Drop

Hiruki Nakamura
30 Apr, 2015
New York City

Nikkei in Tokyo plunged 2.7% after two-day holiday and the U.S. economy nearly stalled in the first-quarter. Honda dropped 7% after the automaker estimated flat earnings in the current fiscal quarter. NTT DoCoMo declined 6% on earnings outlook.

Australian Indexes Extend Weekly Loss to 1.5%, Aussie Dollar Rises

Marcus Jacob
30 Apr, 2015
New York City

Australian market indexes dropped on weak banks and the Aussie dollar rose after the U.S. economy in the first-quarter nearly stalled. Ten Network said first-half loss widened on restructuring charges. TPG Telecom lifted its stake in Amcom Telecom and vote against the takeover.

Sensex Drops to 4-Month Low on Third Weekly Decline

Mukesh Buch
30 Apr, 2015
New York City

The benchmark index in India declined for the third week in a row. Axis Bank net climbed 18% on 22% increase in revenues. Biocon net soared 78%. Exide Industries net and revenues rose. TVS Motor net surged 74%.

U.S. Economy Stalls in First-Quarter, Markets Dive

Nichole Harper
29 Apr, 2015
New York City

U.S. economy slowed down in the first quarter on unusually cold weather, moderate consumer spending and weak energy prices. MasterCard said quarterly worldwide purchase volume increased 12%. Time Warner quarterly net plunged 25%. Volkswagen quarterly net soared 19%.

Express Scripts, Humana, MasterCard Climb; Kraft Foods, Time Warner Plunge

Mukesh Buch
29 Apr, 2015
New York City

Bristol-Myers profit soared 27%. Express Scripts net surged 34%. GoPro net jumped more than double. Humana net jumped 17%. Kraft Foods net plunged 16%. Level 3 net rose 9%. MasterCard net soared 17%. Twitter net loss widened. Time Warner net tumbled 25%. Reuters net climbed 10%.

ABB, Iberdrola, VW Net Climb, Barclays Profit Tumbles 52%

Nigel Thomas
29 Apr, 2015
New York City

ABB net jumped 4% to $564 million but revenues declined 10%. Barclays set aside