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Qualcomm Settles China Dispute for $975 M, Coca-Cola Sales Drop 2%

Mukesh Buch
10 Feb, 2015
New York City

Alere net loss widened and revenues fell. Coca-Cola net tumbled 55%. CVS Health net jumped 5% on 13% increase in revenues. CDW net plunged 14%. Coupons.Com tumbled 26% on weak outlook. Dean Foods net swung to profit. Qualcomm agreed to pay $975 million to China.

After Rhetoric Greece Seeks Compromise, Canon Proposes to Buy Axis

Nigel Thomas
10 Feb, 2015
New York City

Axis received offer from Japan-based Canon for 23.6 billion kronor. Bellway revenues climbed 19% to

Rakuten Estimates 15% Profit Rise, Softbank Reaffirms Annual Outlook

Hiruki Nakamura
10 Feb, 2015
New York City

Investors shifted focus to domestic earnings in trading in Japan. Softbank nine-month net sales increased 41% and the wireless services provider reaffirmed its annual outlook. Rakuten, the largest online retailer in Japan estimated operating profit to rise 15% on the back of fast expanding market.

Australian Home Price Surge Continues, Dollar Edges Up

Marcus Jacob
10 Feb, 2015
New York City

Australian market indexes closed lower and banks led the decliners on the growing uncertainty in the euro zone and rising tensions with Russia. Resource stocks were in focus after OPEC lowered its new oil supply growth estimate in the year.

AAP Sweeps in Delhi; Cadila, JK Tyre Net Climb; DLF Net Falls

Mukesh Buch
10 Feb, 2015
New York City

Arvind Kejriwal led AAP won stunning 67 of the 70 seats in Delhi local election as voters demand basic services. Aditya Birla said net rose 7%. Cadila net surged 52%. DLF net slipped 9%. JK Tyre net soared 56%. Hexaware net declined 15% but revenues climbed 14%.

U.S. Indexes Struggle on Volatile Oil and Greek Confrontation

Nichole Harper
09 Feb, 2015
New York City

U.S. stocks turned volatile after European markets dropped as the region

Loews Swings to Profit, McDonald

Mukesh Buch
09 Feb, 2015
New York City

Boardwalk Pipeline net surged 89% but revenues fell 3%. CNA Financial net plunged 10% on 7% decline in revenues. Hasbro profit soared 13%. Loews net swung to profit while revenues slumped 7%. McDonald''s global same-store sales in January declined 1.8%.

Nikkei Eases on Euro Worries; NTT, Nissan and Pioneer in Focus

Hiruki Nakamura
09 Feb, 2015
New York City

Stocks in Tokyo closed down after the yen weakened and investors worried of gathering storms in the euro zone. Greece stood firm on its plan to roll back austerity as agreed by the previous government with the international lenders and Ukraine crisis deepens.

Air France January Traffic Eases 1.7%, Rolls-Royce Wins Defense Contracts

Nigel Thomas
09 Feb, 2015
New York City

Air France KLM group passenger traffic and load factor in January declined. Endomines profit plunged 28% to 35 million kronor but revenues jumped 10%. Quantum Pharma climbed on positive outlook. Rolls-Royce won three contracts worth $442 million.

European Stocks and Bond Yields Suffer on Greece and Ukraine Impasse

Nigel Thomas
09 Feb, 2015
New York City

European markets opened sharply lower and quickly dropped to as low as 2% after Greece and Ukraine talks dominated headlines. Greece and European Union talks are turning tense and Ukrainian crisis resolution demands real military commitment from the European leaders.

Australian Stocks Halt Record 12-Day Long Advance

Marcus Jacob
09 Feb, 2015
New York City

Australian market indexes halted record 12-day long advance after resource stocks and banks closed lower. A private survey showed employment market sustained its expansion after job placement ads rose for the eighth month in a row. Aussie dollar closed at 77.65 U.S. cents.

Sensex and Rupee in India Fall on Expected BJP Loss in Delhi

Mukesh Buch
09 Feb, 2015
New York City

Apollo Tyres said net slipped 45%. GAIL net plunged 64%. L&T net slipped 14% but revenues rose 5%. Sun TV net jumped 15%. Tata Steel slumped 69%.

Payrolls Data Support Indexes on Wall Street and in Europe

Nichole Harper
06 Feb, 2015
New York City

Market indexes on Wall Street pulled back from record high and jobless rate to 5.6% after more people began to look for work and employers added net new jobs of 257,000 extending the job one-year long jobs market expansion.

LinkedIn, Twitter Jump; GoPro, Viad Plunge

Mukesh Buch
06 Feb, 2015
New York City

Aon net climbed 29%. Activision net soared 108%. GoPro plunged on outlook. Harris net rose 2% and agreed to acquire Exelis for $4.75 billion. LinkedIn net tumbled 21%. Twitter soared after net loss narrowed. Viad plunged after net loss widened.

European Stocks in 5-Day Advance, Statoil Swings to Loss

Nigel Thomas
06 Feb, 2015
New York City

European markets advanced for the fifth day in a row after Germany and France failed to convince Russia to withdraw supporting rebels in Ukraine. Alcatel Lucent net doubled. Poundland agreed to acquire rival 99p Stores. Statoil net swung to a loss. Tate & Lyle plunged 12%.

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