Login
Breaking News
Nvidia   Target Corp.   Dolby Laboratories   Onsemi   Home Depot   Walt Disney   StubHub   Applied Materials   Sweetgreen  

Market Update

Sensex Surges 1.1%, Rupee Slides

Mukesh Buch
17 Mar, 2015
New York City

Sensex in Mumbai traded higher and the rupee declined. Central and state government stepped up contract awards to accelerate urban renewal and infrastructure development. State Bank of India to conduct first online property auction and increase collection on bad debts.

Wholesale Prices in India Fall Again, Stocks Ease in Mumbai

Mukesh Buch
16 Mar, 2015
New York City

Wholesale price index in India declined for the second month in a row on weak commodities prices and improving food distribution. Inox Wind plans to raise $111 million through a stock sale to institutional investors. L&T won a contract for $10 million from Rail Vikas Nigam Ltd.

S&P 500 Index Set for Third Weekly Loss on Falling Oil and Surging Dollar

Nichole Harper
13 Mar, 2015
New York City

Stocks in New York traded sharply lower and crude oil extended losses after whole price index declined for the fourth month in a row. The sharp increase in dollar in the last two weeks is likely to dampen earnings of the U.S.-based export focused companies.

Ann, Ulta Salon, Vail Resorts Climb; Aeropostale, Zumiez Decline

Mukesh Buch
13 Mar, 2015
New York City

Aeropostale net loss narrowed after sales plunged 11%. Buckle profit rose 1%. Hibbett Sports net surged 18% on revenue increase of 10%. Ulta Salon net soared 24% and net sales climbed 21%. Vail Resorts net surged 95%. Zumiez profit tumbled 35% but sales climbed 14%.

Russia Lowers Rate to 14% Citing Worries of Economic Cotraction

Nigel Thomas
13 Mar, 2015
New York City

Russia

Bechtle Profit Climbs 20%, Wetherspoon Net Rises 7%

Nigel Thomas
13 Mar, 2015
New York City

Bechtle, Germany based IT company said profit climbed 20% on 14% increase in revenues. BP agreed to divest its Australian bitumen business to Puma Energy. Dart surged after positive fiscal outlook. J D Wetherspoon net jumped 7%. Oxford BioMedica net loss narrowed.

Nikkei Above 19000, Fanuc Soars 13%

Hiruki Nakamura
13 Mar, 2015
New York City

Stocks in Tokyo closed higher and the Nikkei jumped to a high not seen since 2000. Industrial production in January increased 3.7%. Fanuc soared 13% after the industrial robot maker took steps to increase communication with shareholders.

Inflation Accelerates in India, Rupee Drops to 63

Mukesh Buch
13 Mar, 2015
New York City

Sensex in India declined after consumer price index in February accelerated on the rising food prices. Snapdeal plans to buy online mobile recharge platform Freecharge for ₹2,800 crore. Tata Motors said Jaguar Land Rover

IiNet and TPG Telecom in $1.4 B Deal in Australia

Marcus Jacob
13 Mar, 2015
New York City

Australian market indexes closed down and the Aussie dollar lacked direction in moderate trading. For the week, the ASX 200 index declined 1.5%. Internet service provider, iiNet Limited agreed to be acquired by TPG Telecom at $1.4 billion valuation.

Stocks Power Ahead on Wall Street, Third Monthly Decline in Retail Sales

Nichole Harper
12 Mar, 2015
New York City

Stocks on Wall Street rebounded and initial claims of weekly jobless claims declined below 300,000. Retail sales declined for the third month in a row on bad weather and cautious consumer spending. The dollar declined after the sustained rise against the euro.

Children

Mukesh Buch
12 Mar, 2015
New York City

Children

BMW Net Climbs; ITV in

Nigel Thomas
12 Mar, 2015
New York City

BMW profit jumped 9% to

Nikkei at 15-Year High, Toyota Pay Increase in Focus

Hiruki Nakamura
12 Mar, 2015
New York City

Nikkei in Japan jumped the most in a month and the index surged to a 15-year high. Toyota Motor surged more than 1% on the expectations that the company may agree to larger than usual wage increase for workers.

Australian Stocks Jump, Jobless Rate Ease to 6.3%

Marcus Jacob
12 Mar, 2015
New York City

In active trading, market indexes in Australia jumped on a slight rebound in resource stocks. Jobless rate in February declined to 6.3% from 6.4% in January. Whitehaven Coal completed $1.4 billion debt refinancing and extended repayment to 2019.

Economic Growth in India to Lead G-20 Nations

Mukesh Buch
12 Mar, 2015
New York City

Sensex in India halted 3-day slide after the IMF lifted economic growth outlook in India. ICICI Bank plans to sell its stake in a life insurance joint venture with the U.K based Prudential. IVRCL acquired orders worth ₹226.18 crore.