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Diving Inflation Rate in Australia, BHP Iron Ore Production Jumps 20%

Marcus Jacob
22 Apr, 2015
New York City

Australian market indexes and the Aussie dollar weakened after the latest inflation data showed weakening consumer prices. The annual inflation rate declined the most at the end of March quarter from the previous rate in December in four decades.

Sensex in India Rebounds 0.8%; Yes Bank, Wipro in Focus

Mukesh Buch
22 Apr, 2015
New York City

Market indexes in Mumbai rebounded and the rupee eased. Yes Bank net income in the quarter jumped 28% and Wipro net in the quarter rose 2% on 4% increase in revenues.

Mixed Trading on Wall Street, Mylan Soars 8% on Teva Takeover Offer

Nichole Harper
21 Apr, 2015
New York City

On Wall Street market indexes struggled to rise and investors remained cautious on the earnings front. The rise of dollar against the euro and collapse in oil and commodities prices are expected to offer a strong headwinds to earnings. Mylan soared on a takeover approach by Teva.

Nikkei Rebounds, Aeon Annual Income Falls 7.7%

Hiruki Nakamura
21 Apr, 2015
New York City

Tokyo market indexes closed higher following a rebound in New York and European markets. Daiichi Sankyo said it plans to exit from its investment in India-based generic pharmaceuticals maker Sun Pharma. Yamada Denki said latest fiscal year declined 1.7%.

Australian Stocks Rise on RBA Statement, Rio Tinto Production Up 12%

Marcus Jacob
21 Apr, 2015
New York City

Australian indexes traded higher and the Aussie dollar held firm after the RBA minutes of meeting suggested an easing bias. Rio Tinto said global iron ore production in the first-quarter increased by 12% shipment by 9%. Brambles estimate annual underlying profit to increase 13%.

Kimberly Clark Jumps; Du Pont, Harley-Davidson, Under Armour Drop

Mukesh Buch
21 Apr, 2015
New York City

Du Pont net plunged 29%. Harley-Davidson net slid 1%. IBM profit dropped 2% on 12% decline in revenues. Kimberly Clark profit plummeted 13%. Lockheed Martin profit and revenues declined. TD Ameritrade net swung to profit. Under Armour net fell 2%.

ARM Holdings, Actelion Profit Surge; SAP Net Plunge

Nigel Thomas
21 Apr, 2015
New York City

ARM Holdings net surged 36% to

Rupee Slides in India, Daiichi to Sell 8.3% Stake in Sun Pharma

Mukesh Buch
21 Apr, 2015
New York City

Adani Power agreed to acquire Hyderabad-based Lanco Infratech controlled Udupi Power worth ₹6,300 crore. Sun Pharma said Japan-based Daiichi Sankyo plans to sell its entire stake of 8.3% worth $3.6 billion in the company. Hindustan Zinc said net in the quarter rose 6%.

S&P 500 Up 0.8% on China Stimulus and Morgan Stanley Earnings

Nichole Harper
20 Apr, 2015
New York City

Market indexes on Wall Street soared and crude continued to gain after People

Prologis in $5.9 B Deal with KTR, Raytheon Buys Websense for $1.9 B

Mukesh Buch
20 Apr, 2015
New York City

Groupon sell 46% stake in South Korea based e-commerce site. Hasbro profit jumped 4%. Halliburton net loss widened. Lennox Intl net plunged 30%. Morgan Stanley net surged 60% on 10% increase in revenues. Prologis agreed to acquire KTR for $5.9 billion.

Liberty to Buy Base from KPN for

Nigel Thomas
20 Apr, 2015
New York City

Germany led the advance in European markets after a week of losses.Telenet, subsidiary of Liberty Global agreed to acquire Base from KPN for

Nervous Trading in Tokyo, Itochu Drops 11%

Hiruki Nakamura
20 Apr, 2015
New York City

Stocks in Tokyo eased. China offered a large and unexpected stimulus as Chinese regulators crack down on speculative lending supporting a surge of more than 80% in benchmark indexes. Itochu annual sales surged 22% and net income soared 49%.

Australian Indexes Extend Losses to Second Week

Marcus Jacob
20 Apr, 2015
New York City

Australian indexes extended weekly losses after China trimmed reserve ratio requirements for banks by 100 basis points, the largest cut since 2008. OZ Minerals said copper production rose 20% and gold production declined 9% in March quarter. Arrium tumbled 12%.

Sensex in India Plunges 1.9%, Rupee Drops

Mukesh Buch
20 Apr, 2015
New York City

Stocks in Mumbai traded lower and market indexes dropped 1.9% on earnings jitters and strengthening dollar. JSW said steel production in March jumped 11%. LIC Housing Finance net rose 2%. Titagarh Wagons net surged.

U.S. and European Markets Extend Global Sell-off

Nichole Harper
17 Apr, 2015
New York City

Market indexes on Wall Street slumped more than 1%, European markets extended weekly losses and China curbed shadow financing to speculate in stock market. U.S. consumer confidence improved and the cost of living rose in March for a third month in a row.

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