ticker

American Eagle, Wayfair Rise; Abercrombie & Fitch, Bob Evans Fall

Mukesh Buch
04 Mar, 2015
New York City

Abercrombie & Fitch net plunged 33% on 14% decline in revenues. American Eagle net surged 487%. Bob Evans net fell 4% but sales climbed 5%. L.B. Foster net dropped 17%. Navistar net loss narrowed. Wayfair net loss widened.

Henkel, Legal & General Profit Climb; Fresnillo, Standard Chartered Net Drop

Nigel Thomas
04 Mar, 2015
New York City

Fresnillo net tumbled 55% to $108 million. Henkel net jumped 3% to

Subdued Economic Growth in Australia

Marcus Jacob
04 Mar, 2015
New York City

Australian economic growth was subdued in the final quarter of 2014 as terms of trade worsened. Aussie dollar gained and stock trading turnover was above $5 billion. QBE and Rio Tinto traded ex-dividend.

Nikkei in 2-Day Slump, Nippon Steel to Invest $11 B in Capacity Overhaul

123jump.com Staff
04 Mar, 2015
New York City

Market indexes in Japan declined for the second day in a row and the yen traded near its 4-week low. Hitachi was forced to lift its bid to acquire signalling business of Italian defense and aviation company, Finmeccanica. Nippon Steel to expand its steel in unit in western Japan.

Intraday Record for Sensex in India on Unexpected Rate Cut

Mukesh Buch
04 Mar, 2015
New York City

Reserve Bank of India lowered rate in a surprise move only three days after the release of central government budget. Sweden-based Volvo sold its 4.7% stake in Eicher Motors. Adani Group plans to buy port and related assets from Essar Port.

U.S. Indexes Struggle on Weak Tech and Healthcare Stocks

Nichole Harper
03 Mar, 2015
New York City

U.S. market indexes traded lower and barely managed to rebound from the mid-day lows as health care and technology stocks turned lower. Crude oil traded above $50 a barrel and gold at $1,200 an ounce. Controversial Prime Minister of Israel struggled to make his case to the U.S. lawmakers.

Fiat Chrysler, GM, Nissan Sales Jump; Ford Sales Drops

Mukesh Buch
03 Mar, 2015
New York City

AutoZone net jumped 10%. Best Buy profit surged 77%. Dicks Sporting net soared 12% on 11% increase in revenues. February auto sales at Ford fell 1.9% but Fiat Chrysler sales soared 6% and sales climbed 4.2%. Stage Stores profit surged 8.3%.

Barclays, Merck Net Drop; Glencore Net Swings to Profit

Nigel Thomas
03 Mar, 2015
New York City

Barclays net slid 35% to

Stocks in Tokyo Ease on Profit Taking, Weathernews Gains

Hiruki Nakamura
03 Mar, 2015
New York City

Stocks in Japan succumbed to sustained selling pressure but traders added exposure to electronics and automakers as the yen inched up to 120 mark against the yen. Takata stepped up air bag production to replace defective bags. Kobe plans to build an automotive body panel plant in the U.S.

RBA Holds Rate at 2.25%, Aussie Dollar Rises

Marcus Jacob
03 Mar, 2015
New York City

Reserve Bank of Australia held rate at 2.25% following a 25 basis point reduction at the last meeting and the Aussie dollar gained. Seasonally adjusted current account deficit declined 21% in the December quarter and value of building approvals in January jumped 29%.

Hero and M&M Vehicles Sales in India Drop, TVS Sales Rise

Mukesh Buch
03 Mar, 2015
New York City

Hero MotoCorp said total two-wheeler sales in February fell 4%. M&M tractor sales plunged 35% and auto sales dropped 10%. Sun Pharma plans to acquire GlaxoSmithKline''s opiates business in Australia. TVS Motor total sales jumped 15%.

Nasdaq Nears 15-Year Peak as Techs Power the Latest Surge

Nichole Harper
02 Mar, 2015
New York City

Market indexes advanced after deals dominated headlines. HP agreed to acquire Aruba Networks for $2.7 billion and Boston Scientific offered to pay $1.6 billion to buy urology business from Endo International. Tech heavy Nasdaq is set to retest the peak it reached fifteen years ago.

Endo Sells Urology Unit to Boston Scientific, HP to Buy Aruba

Mukesh Buch
02 Mar, 2015
New York City

Ambac Financial net surged but revenues declined 60%. Boston Scientific agreed to acquire AMS urology business from Endo Intl for $1.6 billion. Endo Intl net loss narrowed after revenues soared 37%. EV Energy net swung to profit. Sothebys net plummeted 18%.

RWE in Deal with

Nigel Thomas
02 Mar, 2015
New York City

British Land acquired Surrey Quays Leisure Park in Canada Water for

Japan Stocks Rise on Weaker Yen and China Rate Cut

Hiruki Nakamura
02 Mar, 2015
New York City

Stocks in Tokyo largely reacted to domestic corporate and earnings news. Mitsui OSK signed an agreement with South Korea based Samsung Heavy Industries to build four world

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