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European Markets Drop 1.3%; Banco Santander, Daimler Net Surge

Nigel Thomas
28 Apr, 2015
New York City

European markets dropped more than 1.3% on weaker than expected results. Banco Santander net soared 32%. Daimler profit surged 89% to

Late Evening Selloff in Sydeny Market, Beach Energy Sales Drop 33%

Marcus Jacob
28 Apr, 2015
New York City

Australian market indexes turned lower after weak momentum in resource sector stocks. Lifestyle Communities agreed to acquire a land parcel for $11.5 million and plans to build retirement village in Victoria. Beach Energy first-quarter net declined 33%.

Fanuc Lifts Dividend Payout Ratio; Canon, Honda Net Drop

Hiruki Nakamura
28 Apr, 2015
New York City

Nikkei stock average in Tokyo closed higher amid corporate earnings and Fanuc soared 6% after industrial robot maker said it plans to pay 60% of its consolidate income as dividend. Komatsu declined 6% after the company estimated operating profit to fall 8.7%.

Sensex in India Rises 0.8%, Rupee Advances

Mukesh Buch
28 Apr, 2015
New York City

Stocks in India rebounded and the rupee strengthened. Godrej Consumer Products quarterly net rose 13%. Kirloskar Brothers net more than doubled. RCom plans to raise $300 million through an international bond offering. Welspun net and revenues surged.

U.S. Stocks Turn Lower on Merger Monday, Apple in Focus

Nichole Harper
27 Apr, 2015
New York City

On Merger Monday, iGATE agreed to be acquired by France-based Cap Gemini and Mylan rejected hostile offer from Teva Pharmaceuticals. Apple Inc is scheduled to release earnings after the bell. U.S. 10-year Treasury yield was 1.93% and the euro held at $1.08.

Applied Materials, Tokyo Electron Call Off Merger

Mukesh Buch
27 Apr, 2015
New York City

Applied Materials and Japan-based Electron agreed to terminate $10 billion merger agreement. iGATE jumped after CapGemini proposed a $4 billion merger. Laboratory Corp net tumbled 99%. Mylan rejected bid from Teva Pharma and reaffirmed its $33 billion Perrigo bid.

Capgemini to Buy iGATE for $4 B, Deutsche Bank Net Tumbles

Nigel Thomas
27 Apr, 2015
New York City

Capgemini revenues soared 11% and agreed to acquire iGATE for $4 billion. Deutsche Bank profit tumbled 50% to

Nikkei in Holding Pattern; Mazda and Mitsubhi Motors Drop

Hiruki Nakamura
27 Apr, 2015
New York City

Stocks in Tokyo lacked direction ahead of central bankers meeting in Japan and the U.S. and the beginning of Golden Week holiday. Mazda Motors eased on weaker profit outlook and Mitsubishi Motors said operating profit is expected to decline 8% in the current fiscal year.

Australian Market Indexes Rebound, M2 Offers Higher Bid for iiNet

Marcus Jacob
27 Apr, 2015
New York City

Australian market indexes advanced and resource and banking sector stocks led the gainers. M2 Group offered a competing and a higher bid of $1.6 billion to acquire the Internet services provider iiNet.

Sensex Wipes Out 2015 Gain; Bharti, ICICI, Maruti Net Jump

Mukesh Buch
27 Apr, 2015
New York City

Market indexes in Mumbai turned lower and rupee dropped to a five-month low. Bharti Infratel net in the quarter jumped 18%. ICICI Bank net and revenues climbed. Maruti Suzuki India net soared 61%. Ultratech Cement net declined 24% but revenues rose 5%.

Comcast and Time Warner Terminate Deal, New 15-Year High in Nasdaq

Manish Shah
24 Apr, 2015
New York City

Nasdaq index extended gains for the second day and reached a new intra-day 15-year high on strong quarterly results from Amazon, Google and Microsoft. Comcast abandoned its proposed $45 billion merger with Time Warner Cable after regulators raised competition issues.

Amazon, Google, Microsoft, Starbucks Climb; Biogen, Xerox Decline

Manish Shah
24 Apr, 2015
New York City

Amazon net swung to a loss. Biogen profit surged 71%. Comcast terminate its $45.2 billion deal. DTE Energy net tumbled 16%. Google profit jumped 4%. LyondellBasell net surged 24%. Microsoft net plummeted 12%. Starbucks net climbed 16%. Xerox net slumped 20%.

Volatile European Markets, HSBC Threatens to Leave U.K.

Nigel Thomas
24 Apr, 2015
New York City

European markets turned volatile and euro zone ministers concluded yet another meeting with Greece with no progress on hand. Air Liquide revenues climbed 7%. AstraZeneca profit soared 9%. HSBC plans to relocate headquarter to Hong Kong. Renault sales soared 14%. Reckitt Benckiser sales rose 1%.

Weekly Rise of 1.9% in Nikkei in Tokyo, Mitsubishi Motors in Focus

Hiruki Nakamura
24 Apr, 2015
New York City

Nikkei in Tokyo closed lower on Friday but gained 1.9% in the week when the index closed above for the first time in 15 years. Exedy Corp said fiscal year net declined 23%. Mitsubishi Motors estimated first-half sales to decline 1.5%. Monex Group fiscal year net plunged 67%.

Australian Indexes Jump 1.5% on a Rebound in Iron Ore Price

Marcus Jacob
24 Apr, 2015
New York City

Australian market indexes jumped 1.5% on the rebound in iron ore price and tech stocks. In active trading, stocks and Aussie dollar edged higher. ResMed plunged on weaker than expected quarterly results. Mount Gibson Iron reaffirmed its annual outlook.

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