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Nikkei Falls on Commodities Gloom, Machine Orders Surge

Hiruki Nakamura
09 Dec, 2015
New York City

Nikkei average fell 1% on the deepening gloom in commodities market and another day of sustained losses in New York and European stocks overshadowed the surge in core machine orders. Hakuhodo Dy Holdings said November sales soared 12.5% from a year ago.

Sensex in 6-Day Decline on GST Jitters, M&M Vehicle Sales Surge 46%

Sarla Buch
09 Dec, 2015
New York City

Broader market in Mumbai declined for the sixth day in a row as politicians across all major parties wrangle ahead of goods and service tax reform bill. Mahindra & Mahindra said November vehicle sales soared 46.5%. Rajesh Exports extended its order winning streak in UAE.

Another Day of Sell-off in Global Stocks Sparked by Weakening Commodities

Nichole Harper
08 Dec, 2015
New York City

With weak sentiment, S&P 500 index opened lower and struggled to rebound in the positive zone after a sell-off in Asia and in Europe. Crude oil price extended losses and two largest mining companies announced additional cuts in capital spending.

Children's Place Jump; Barnes & Noble, HD Supply, United Natural Plunge

Mukesh Buch
08 Dec, 2015
New York City

AutoZone net soared 8%. Barnes & Noble Education net plunged 18%. Conn''''s net loss narrowed. Children''''s Place jumped 4%. Casey''''s General profit soared 58%. HD Supply net surged. Toll Brothers net advanced 7%. United Natural Foods net plummeted 9%.

European Markets Ease 1% on Second Day Decline in Commodities

Nigel Thomas
08 Dec, 2015
New York City

European market indexes dropped more than 1% led by a second-day decline in energy and resource complex stocks. Anglo American suspended its dividend for the second-half of the year. Enquest approved a $125 million project in the North Sea. Schaffner profit tumbled 50%.

Iron Ore Price Halves Again in 2015, Australian Markets Ease

Marcus Jacob
08 Dec, 2015
New York City

Australian markets struggled after a steep slide in oil and iron ore prices. Rio Tinto cut its forecasted capex for a third time this year. Woodside Petroleum terminated its $11.6 billion takeover proposal for rival Oil Search.

Sensex in Mumbai Declines to 3-Month Low, Religare Sells Inusrance Stake

Sarla Buch
08 Dec, 2015
New York City

Sensex in Mumbai declined to a three-month low following Asia-wide correction after crude oil prices fell to a seven-year low. Tata Motors controlled Jaguar Land Rover retail sales in November surged 27%. Religare sold its stake in life insurance joint venture to Bennett, Coleman.

Nikkei Drops 1% on 7-Year Low Oil, Toshiba Faces Record Fine

Hiruki Nakamura
08 Dec, 2015
New York City

Stocks in Tokyo declined as low commodity prices dragged down energy and mining shares and crude oil prices declined to a 7-year low. The gross domestic product was revised to 1% expansion in the third quarter and the current account surplus in October widened.

Keurig Green Mountain in $13.9 B Deal, Chipotle Plunges 9%

Mukesh Buch
07 Dec, 2015
New York City

Keurig Green Mountain surged 74% after the coffee company agreed to go private. Chipotle Mexican dropped 9% on weak sales outlook. Devon Energy plans to acquire two assets worth about $2.5 billion. Mattress Firm net surged 53%. Vail Resorts net loss narrowed.

Wall Street and London Struggle After Oil Drops to 7-Year Low

Nichole Harper
07 Dec, 2015
New York City

Market indexes on Wall Street struggled after oil took another dive and dropped to a low not seen in seven years. Oil prices have dropped nearly 60% in the last eighteen months and the bearish sentiment is rising. Keurig Green Mountain agreed to go private.

Germany, France Indexes Jump 1.7%; GE Terminates Electrolux Agreement

Lucy Stoeva
07 Dec, 2015
New York City

Markets across Europe rebounded after the U.S. reported better-than-expected November job gains. Low oil prices kept London gains in check. Electrolux plunged after GE terminated the sale of its appliance business. Ferrovial turned hostile and lifted its offer for Australia-based Broadspectrum.

Weakness in Oil and Yuan Weighs on Australian Dollar and Stocks

Marcus Jacob
07 Dec, 2015
New York City

ASX 200 recorded marginal gains after the decline of oil prices dragged down energy stocks. Broadspectrum surged 48% after the Spain-based infrastructure group Ferrovial launched a hostile takeover bid worth $715 million. Graphitecorp tumbled 13% on its trading debut.

Sensex in Fourth Day Decline, GMR Airports in Stake Sell Talks

Sarla Buch
07 Dec, 2015
New York City

Sensex extends losses to fourth day in a row. GMR Airports is in talks to sell 30% stake airport business to Canada-based Fairfax Financial and the U.S. based private equity firm. Tata Steel is close to divesting its U.K.-based steel plant.

Nikkei Rebounded 1%, Takata Schedules Penalty Payment

Hiruki Nakamura
07 Dec, 2015
New York City

Nikkei rebounded 1% following the stronger-than-expected U.S. payrolls increase in November. Markets across Asia gained and the yen weakened to 123 mark against the U.S. dollar. Energy complex stocks declined after OPEC decided to hold its production quota despite the rising glut in the market.

Upbeat Jobs Data Lifts S&P 500 and Indexes by 1%, Europe Struggles

Nichole Harper
04 Dec, 2015
New York City

November month payroll gains increased 211,000 and jobless rate declined to a seven-year low of 5%. Payrolls for October and September were revised higher by 35,000. European markets were on the defensive. Crude oil eased to one-year low after OPEC held its production quota despite the rising glut.

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