ticker

Kinder Morgan Consolidates in $70 B Merger

Mukesh Buch
11 Aug, 2014
New York City

Dean Foods net narrowed. Hospitality Properties net surged 30. Kinder Morgan consolidates its partner interests in a deal valued at about $71 billion. Priceline net climbed 32%. Sysco profit declined 10% but sales jumped 6%. Techne net dropped 5%.

Nasdaq Rises 1% Following Global Advance Despite Developing Chaos in Iraq

Nichole Harper
11 Aug, 2014
New York City

Global markets powered ahead despite the fast developing chaos in Iraq, persistent military overreach by Israel and simmering tensions on the Ukraine border. China said inflation index increased 2.3%. Prime Minister Recep Tayyip Erdogan won the first direct presidential election in Turkey.

Balfour Beatty Rejected Carillion Bid, Bilfinger Net Drops 19%

Nigel Thomas
11 Aug, 2014
New York City

Balfour Beatty net narrowed to

Nikkei in Tokyo Surges 2.4% on Surprise GPIF Action

Hiruki Nakamura
11 Aug, 2014
New York City

Nikkei Average in Tokyo surged 2.4% after the government controlled pension fund increased equity asset margin limit ahead of expectations. The revision surprised the market and formal target asset allocation is set to be revised in September.

Australian Indexes Halt 6-day Slide, Woodside to Explore Near Gabon

Marcus Jacob
11 Aug, 2014
New York City

Australian markets turned higher after six days of losses in a row. Treasury Wine Estates received second takeover bid. JB Hi-Fi reported annual net increased 10% and earnings met lowered outlook. Woodside Petroleum acquired deep water oil exploration rights off the coast of Gabon.

Godrej, SAIL Revenues Soar; Adani Net Swings to Profit

Mukesh Buch
11 Aug, 2014
New York City

Adani Enterprises net swung to profit on 41% increase of revenue. Bosch net surged 22%. Diamond Power net rose 7%. Emami profit jumped 17% after sales climbed 26%. GAIL (India) net plunged 23%. Godrej net and sales climbed. SAIL net soared 17%.

U.S. Markets Shrug Off Military Action in Iraq, European Indexes Ease

Nichole Harper
08 Aug, 2014
New York City

Stocks in New York opened higher and investors shrugged off flying bombs in Iraq. The latest American military involvement only highlighted growing humanitarian crisis but investors surmised U.S. economic fundamentals remain intact.

McDonald

Mukesh Buch
08 Aug, 2014
New York City

Brookfield Asset net surged 94%. Choice Hotels net climbed 11% on 4% increase in revenues. Consolidated Edison net soared 23%. McDonald''s July global comparable sales fell 2.5% and U.S. sales declined 3.2%. Nvidia net surged 33%. Sotheby

Allianz Net Surges on Lower Claims, Tod

Nigel Thomas
08 Aug, 2014
New York City

Allianz net climbed 11% to

Japan and Asian Markets Plunge after U.S. Orders Iraq Air Strikes

Hiruki Nakamura
08 Aug, 2014
New York City

Market averages in Tokyo plunged 2.3% in an Asia-wide sell-off after U.S. ordered Iraq strike. The latest military strike contributed the growing turmoil in the Middle East and to the persistent tensions between Russia and Europe. SoftBank quarterly net plunged.

State Bank of India Net Rises 3%, Bombay Dyeing Net Loss Widens

Mukesh Buch
08 Aug, 2014
New York City

Bombay Dyeing net loss widened. Finolex Cables profit and revenue climbed on higher prices. M&M net jumped 4% despite sluggish sales. Nestle India profit climbed 6% on 10% increase of revenue. SBI net rose 3%. Vardhman Textiles net dropped.

6-day Decline of 3.6% in Australian Indexes; RBA Cuts Growth Outlook

Marcus Jacob
08 Aug, 2014
New York City

Australian markets extended losses for the sixth session. Indexes on Friday declined 1.3% and in the six-day period lost 3.6% on rising geopolitical worries. Reserve Bank of Australia lowered its GDP growth and inflation estimate.

Costco, Walgreen July Comparable Sales Soar

Mukesh Buch
07 Aug, 2014
New York City

AES net plunged 20%. Costco July sales soared 9% and comparable sales jumped 5%. Duke Energy net surged 80%. IntercontinentalExchange net climbed 47%. Sempra Energy net climbed 10%. Walgreen July comparable sales jumped 5.2%.

U.S. Markets Focus on Earnings Improvements, Draghi Highlights Recovery Risks

Nichole Harper
07 Aug, 2014
New York City

Optimism returned to stock trading after two weeks of losses in New York. Initial claims of weekly jobless claims declined to an eight year low and better than expected earnings from 21st Century Fox and CenturyLink contributed to investor enthusiasm.

Adidas Lowers Outlook; Nestle Earnings Hit by Strong Franc

Nigel Thomas
07 Aug, 2014
New York City

adidas net plunged 27% to

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