ticker

Europe Movers: EasyJet, Erste Group Bank, Gowex, Porsche, Serco

Nigel Thomas
04 Jul, 2014
New York City

EasyJet June passenger count climbed 10%. Erste Group tumbled after bank forecasted net loss for the year of as much as

Nikkei Extends Weekly Gain to 1.5% on U.S. Employment Report

Hiruki Nakamura
04 Jul, 2014
New York City

Nikkei 225 Stock Average extended weekly gain to 2.3% following better than expected jobs data in the U.S. and additional stimulus measures in the euro zone. Izumi Co., the food retailer said first quarter revenues increased 4.4%. Tosei Corp first-half sales declined 11%.

Australian Indexes Participate in World Markets Rally

Marcus Jacob
04 Jul, 2014
New York City

Australian market indexes gained 1.5% at the end of week when Reserve Bank of Australia and European Central Bank left interest rates on hold. The latest market rally was supported by better than expected job gains in the U.S. Reef Casino was halted after ACCC launched competition investigation.

India Movers: Aban Offshore, Hindalco, ICVL, Jain Irrigation, NMDC

Mukesh Buch
04 Jul, 2014
New York City

Aban Offshore raised $125 million. Hindalco plans to raise $500 million to repay maturing debt. ICVL intends to buy three coal mines in Mozambique from Rio Tinto. Siemens sold a land parcel in Bangalore for Rs 345 crore.

U.S. Payrolls Data, ECB Loan Action Power World Markets Advance

Nichole Harper
03 Jul, 2014
New York City

U.S. market indexes closed higher after monthly jobs gains were higher than expected and unemployment rate fell to 6.1%. The larger than expected jobs additions lifted the market indexes.

Tyson Foods Completes Hillshire Purchase; Lululemon Explores Buy Out

Mukesh Buch
03 Jul, 2014
New York City

Escalade completed the sale of print finishing business. International Speedway net dropped 4%. Lululemon rose on talks of going private. Synnex net climbed 28% on 33% increase of revenue.

Balfour Beatty Drops on Profit Alert, Barry Callebaut Sales Soar 22%

Nigel Thomas
03 Jul, 2014
New York City

Balfour Beatty dropped after another profit warning. Barry Callebaut quarterly revenue soared 22% to 4.32 billion Swiss francs. Greene King profit increased to

Topix in Tokyo Turns Lower from a Five-Week High

Hiruki Nakamura
03 Jul, 2014
New York City

Stocks in Tokyo closed lower but investors held out for gains later in the year. Dai-ichi Life is set to approve stock sale of at least $2 billion to fund its acquisition of Protective Life Corp. Osaka Organic Chemical reported weak growth in sales and net declined.

Australian Building Approvals Surged 9.9%, Retail Sales Dropped 0.5%

Marcus Jacob
03 Jul, 2014
New York City

Miners and banks led the gainers in Australia for the second day in a row and trading volume was heavy. Building approvals in June rose but seasonally adjusted retail sales dropped 0.5%. Lynas Corp plans to move its headquarters to Malaysia.

Hero, TVS June Sales Rise; Coal India Misses Target

Mukesh Buch
03 Jul, 2014
New York City

Alstom T&D won contract worth Rs 27.7 crore from Himachal Pradesh. Apollo Tyres invest $340 million at Chennai and Kerala plants. Coal India production fell in June. Hero Motocorp sales in June climbed 8%. JSW Energy acquired power plant for Rs 5,700 crore.

U.S. Indexes Flirt Near Record Highs Ahead of Earnings Season

Nichole Harper
02 Jul, 2014
New York City

U.S. market indexes traded sideways after small cap index reached an intra-day high yesterday. S&P 500 index traded at a new intra-day high and the tech heavy Nasdaq Composite index traded at a high not seen since 2001.

Schulman, Greenbrier Climb; CalAmp, Paychex Plunge

Mukesh Buch
02 Jul, 2014
New York City

Schulman net and sales soared. Constellation Brands net climbed nearly three-fold. CalAmp profit jumped 59%. Greenbrier surged after quarterly net swung to profit. Kroger completed acquisition of Vitacost.com. Paychex net soared 18%. UniFirst net climbed 8%.

Exporters and Shippers Lift Indexes in Tokyo

Hiruki Nakamura
02 Jul, 2014
New York City

Investors in Japan looked to overseas markets and took an optimistic view on the global economy and bid up exporters. Sony and Toyota Motor gained more than 0.7%. Nippon Yusen and Mitsui OSK Limes soared 2% after freight rate index advanced.

Europe Earnings: BMW, Chr. Hansen, Mothercare, NN Group, Roche

Nigel Thomas
02 Jul, 2014
New York City

BMW plans to invest $1 billion in a new plant of Mexico. Chr. Hansen net climbed 6% to

Australian Trade Deficit Surges on Higher Dollar and Weak Iron Ore Price

Marcus Jacob
02 Jul, 2014
New York City

Australian stocks jumped and the Aussie dollar held despite the May trade deficit soared 145% and was the widest in eighteen months. Weak iron ore prices and 6% increase in Aussie dollar contributed to the deficit. Australand Property Group accepted $2.6 billion offer.

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