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Indexes on Wall Street Struggle Near Records, Retail Sales Rise

Nichole Harper
14 Nov, 2014
New York City

Stocks on Wall Street struggled and indexes searched for direction after trading near record highs this week. Retail sales in October were ahead of expectations and the latest private measure of consumer confidence also showed an increase.

Yen Drops to 7-year Low Against the Dollar, J Front October Sales Drop

Hiruki Nakamura
14 Nov, 2014
New York City

The yen declined to a seven-year low against the U.S. dollar and market indexes traded higher. Mitsubishi UFJ reports higher income in the first-half on rising loan volumes in international markets. Mizuho Financial said first-half net declined on lower fees and income.

Australian Indexes Trade Lower; Lend Lease and Westfiled in Focus

Marcus Jacob
14 Nov, 2014
New York City

Australian market indexes struggled in the session but managed to close higher but indexes declined in the week following weak oil and iron ore price. Lend Lease reaffirmed its outlook at the annual general meeting. Westfield, the global operator of malls said annual retail sales increased 4.4%.

Baker Hughes and Halliburton in Merger Talks, Hertz, SINA Plunge

Mukesh Buch
14 Nov, 2014
New York City

Baker Hughes is in preliminary talk with rival Halliburton for possible merger. Hertz Global plunged and the rental car company said it plans to restate its results from fiscal 2011. MFC Industrial net fell 8%. Matthews Intl net tumbled 64%. Nordstrom profit jumped 4%. SINA net plunged 20%.

Airbus, Bouygues, LSE Net Surge; Arkema Net Tumbles

Nigel Thomas
14 Nov, 2014
New York City

Airbus net surged 16% to

TVS Motor Net Rises; Cipla, HCL, SAIL Net Fall

Mukesh Buch
14 Nov, 2014
New York City

Cipla quarterly profit declined 17%. DLF net rose 9%. Gujarat Gas net and revenues declined. HCL profit plunged 72%. HDIL net soared 36%. SAIL net tumbled 45%. SCIL net swung to profit but revenues advanced 10%. TVS net rose 7%. Tata Power net swung to loss.

Weak Oil Overshadows Deals on Wall Street

Nichole Harper
13 Nov, 2014
New York City

Stocks market indexes traded lower after crude oil extended five month losses with 3% decline. Proctor & Gamble agreed to sell Duracell business to Berkshire Hathaway for $4.7 billion. Hasbro is in talks to buy Dreamworks SKG. Walmart Stores reported better than expected results.

Foreign Investors Increase Japan Stock Exposure

Hiruki Nakamura
13 Nov, 2014
New York City

Market indexes in Japan closed higher and the Nikkei 225 Stock Average extended gains to 11% in the month. Foreign investors added net 2 trillion yen of $17.3 billion of Japanese equities in the two weeks to November 7.

Berkshire Buys Duracell from P&G, Wal-Mart Net Slips

Mukesh Buch
13 Nov, 2014
New York City

Berkshire Hathaway agreed to acquire the Duracell battery business from Procter & Gamble. Hasbro is in talk with DreamWorks Animation. Kohl''s net plunged 20%. SeaWorld Entertainment net tumbled 27.7% on 8% decrease in revenues. Viacom net declined 9%. Wal-Mart net slid 0.4%.

Ahold, SAB Millier, Symrise Net Soar; RWE Net Loss Narrows

Nigel Thomas
13 Nov, 2014
New York City

Ahold net climbed 8% to

Australian Indexes Struggle, Graincorp Net Falls 8%

Marcus Jacob
13 Nov, 2014
New York City

Australian dollar was in focus after market indexes trimmed losses in the day and price of oil, iron ore and gold trended lower. Graincorp said annual revenues declined 8%. Ramsay Health Care Ltd reaffirmed its 2015 outlook.

ONGC Net Rises 10%, BPCL Net Plunges 50%

Mukesh Buch
13 Nov, 2014
New York City

BPCL quarterly net profit tumbled 50%. Hindalco net plunged 78%. Max India and MRPL net swung to loss. Nalco net surged 91% on 16% increase in revenues. ONGC profit and revenue climbed. Sun Pharma net rose 15%.

Six Banks Settle U.S. and Europe Currency Probe with $4.25 B

Nichole Harper
12 Nov, 2014
New York City

U.S. market indexes traded higher and extended gains in the year as commodities continued to slide. U.S., UK and Swiss regulators together fined $4.25 billion to six banks and settled charges related to currency market rigging practice.

Stocks in Japan Extend Multi-year Highs Higher Sales Tax Delay

Hiruki Nakamura
12 Nov, 2014
New York City

Stocks in Tokyo advanced and investors prepared for a possible snap elections in Japan and wait for the implementation of higher sales tax. Current account surplus increase for the third month in a row in September. Dentsu Inc, the largest ad agency reported 5% sales increase in first-half.

ADT, Fossil, Macy's, Pinnacle Foods Jump; Smucker Drops

Mukesh Buch
12 Nov, 2014
New York City

ADT net tumbled 15%. Energizer net plunged 19% but revenues soared 7%. Fossil net declined 16%. Smucker forecasted second-quarter sales to drop 5%. Macy''s net soared 23%. Pinnacle Foods profit surged more than two-fold. Rockwell Automation net climbed 15%.

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