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Aberdeen Assets Decline, Reckitt to Spin Off Pharma Unit

Nigel Thomas
28 Jul, 2014
New York City

Aberdeen said quarterly assets dropped on

Nissan Earnings Soar on China Sales, Dentsu Acquires India Based Agency

Hiruki Nakamura
28 Jul, 2014
New York City

Stocks in Tokyo advanced after a choppy trading session and the yen gained as tensions persisted in Europe. Dentsu agreed to acquire a majority stake in India based Milestone Brandcom. Nissan earnings surged 37% on 10% sales increase.

Dabur and Hindustan Unilever Profit Surge

Mukesh Buch
28 Jul, 2014
New York City

Ashok Leyland net loss narrowed. Bank of Baroda net climbed 17%. Dabur revenue and profit surged 13%. Hindustan Unilever net jumped 4%. Havells India net soared 13%. Mastek signed a major contract with British Telecom. UPL net declined 26%.

Australian Based Healthscope Raises $2.6 B, Leighton Net Drops 20%

Marcus Jacob
28 Jul, 2014
New York City

Australian stocks opened higher and Healthscope completed its $2.6 billion initial public offering. Clinuvel Pharmaceuticals confirmed a takeover proposal from the U.S. based Retrophin, Inc for about $95 million. Leighton Holdings first-half profit tumbled 20%.

Stocks on Wall Street Rise on Earnings and Home Sales Data

Nichole Harper
22 Jul, 2014
New York City

Stocks on Wall Street rebounded after latest batch of earnings were ahead of expectations. Existing home sales increased to an 8-month high. Chipotle Mexican Grill same store sales surged. McDonald

Yen Trading Leads Advance in Japan Stocks

Hiruki Nakamura
22 Jul, 2014
New York City

Stocks in Tokyo advanced after a 3-day weekend and the yen trading dominated market sentiment. Exporters and resource stocks led the gainers. Rising tensions between Russia and European Union. Stock exchanges in Japan trimmed ask and bid spread on 80 stocks from today.

Australia Pins Hope on Global Recovery

Marcus Jacob
22 Jul, 2014
New York City

Australian stocks gained in thin trading after comments from RBA. Aussie dollar advanced and Governor Glenn Stevens focused on global reforms to accelerate Australian economic growth.

Europe Earnings: ARM Holdings, AMS, Credit Suisse, IG Group, Publicis

Nigel Thomas
22 Jul, 2014
New York City

ARM Holdings net surged 88% to

Asian Paints, Exide Net Jump; Thermax Net Plunges 17%

Mukesh Buch
22 Jul, 2014
New York City

Asian Paints net soared 23%. BS secured order worth Rs 69 crore in Andhra Pradesh. Exide profit climbed 17%. Hitachi Home net surged 202%. Nerolac profit soared 20%. Savita Oil declined after net profit tumbled 15%. Thermax net declined 18%. Tata Coffee net plunged 25%.

Ukraine and Israel Conflicts Overshadow World Markets

Nichole Harper
21 Jul, 2014
New York City

U.S. stocks traded lower and Ukraine and Israel bombing overshadowed market sentiment for the second week in a row. European Union stepped up diplomatic pressure on Russia. Russia based Severstal sold its U.S. operations for $1.7 billion.

Steel Dynamics Jumps; AK Steel, BB&T, Hasbro, Manpower Fall

Mukesh Buch
21 Jul, 2014
New York City

AK Steel agreed to acquire Severstal controlled steel plant in Michigan for $700 million. Allergan net soared 16%. BB&T net plunged 22%. Genuine Parts profit slid 9%. Halliburton net surged 20%. Hasbro net fell 8%. ManpowerGroup net climbed 61%. Steel Dynamics acquired Severstal for $1.6 billion.

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