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Australian Indexes in 4-Day Slump, Rio Tinto to Buy Back Shares

Marcus Jacob
12 Feb, 2015
New York City

Australian market indexes extended losses to the fourth day in a row and the Aussie dollar edged lower. Jobless rate in January rose more than expected to 6.4%. ASX first-half revenues and earnings were ahead of expectations. Rio Tinto to use up to $500 million to buy back its shares.

Production Slows, Inflation Accelerates in India; Power Grid Net Rise

Mukesh Buch
12 Feb, 2015
New York City

AstraZeneca said net swung to loss. Bank of India net plummeted 70%. Bata India net plunged 33%. Future Retail net tumbled 75% and plans to raise capital. Hindalco rose 8%. Power Grid net and revenues climbed 18%. RCap net soared 28%. Voltas net surged 73% but revenues declined 15%.

Greek Tail Wags U.S. and European Markets, Oil Rally Fizzles

Nichole Harper
11 Feb, 2015
New York City

Stocks on Wall Street traded in a tight range and crude oil declined 1%. European finance ministers and lenders meet Greece and appear in no mood to strike a compromise for the release of the next tranche of bailout. Germany, France and Russia diverge on Ukraine solution.

PepsiCo, Time Warner Net Tumble, Rite Aid in $2 B Deal with Envision

Mukesh Buch
11 Feb, 2015
New York City

AOL net soared 65%. Carlyle net tumbled 77% on 49% decline in revenues. Lorillard profit climbed 16%. Mosaic net soared 180%. PepsiCo net plunged 25%. Rite Aid agreed to buy Envision Pharma for $2 billion. Time Warner net declined 27%. Reuters net swung to profit.

Time is Running Out on Greek Standoff; Heineken, Reckitt Net Jump

Nigel Thomas
11 Feb, 2015
New York City

ARM Holdings net swung to profit to

Australian Indexes in 3-Day Decline; CBA Net Surges 8%, Domino's Jump 20%

Marcus Jacob
11 Feb, 2015
New York City

Australian market indexes declined for the third day in a row in active trading and consumer confidence rose to a one-year high. Commonwealth Bank, the largest bank in Australia said net profit surged 8% to a record high. CSL said net profit soared 7%. Domino

Sensex Rebounds; Jaiprakash Swings to Loss, Nalco Net Rises

Mukesh Buch
11 Feb, 2015
New York City

Market indexes in India rebounded on the hopes of faster implementation of economic reforms after the latest election defeat of BJP. Asian Paints acquired 51% stake in Ethiopia-based Kadisco Paint. Capital First net surged 195%. Deepak Fertilisers net tumbled 98%. Nalco net soared nearly three-fold.

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.

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