ticker

Ulta Salon, Genesco Rise; Big Lots, Barnes & Noble, Cooper Decline

Mukesh Buch
04 Dec, 2015
New York City

Big Lots net loss narrowed. Barnes & Noble net swung to a loss. Cooper net soared 31%. Genesco net soared 13%. Kroger profit surged 18%. OmniVision net tumbled 50% on 13% decline in revenues. Ulta Salon lifted earnings outlook after profit jumped 20%.

U.S. and Europe Rate Jitters Drives ASX 200 Down 1.5%

Marcus Jacob
04 Dec, 2015
New York City

ASX 200 index declined following the weak market conditions in New York and in Europe in overnight trading. Australian dollar eased and in active trading resource stocks and banks led the decliners. Virgin wins a regulatory approval to exend its alliance with Etihad for five more years.

Nikkei Extends Weekly Loss; Fujitsu, Toshiba and Vaio in Merger Talks

Hiruki Nakamura
04 Dec, 2015
New York City

Stocks in Tokyo extended losses and the Nikkei dropped 1.9% in the week. Fujitsu, Toshiba and Vaio are in merger talks and combine personal computer business with the domestic market share of 30%.

Sensex in India Down on Weakness Across Asia

Sarla Buch
04 Dec, 2015
New York City

Stocks in Mumbai traded lower after markets across Asia declined. Investors shifted attention to U.S. rate decision after European Central Bank drove rates deeper in the negative territory. Jaiprakash Associates is looking to raise at least $700 million through a bond offering.

Yellen Offers Optimism on U.S. Growth Outlook, ECB Struggles

Nichole Harper
03 Dec, 2015
New York City

U.S. Federal Reserve Chair Janet Yellen offered positive economic assessment and highlighted stable employment and widening economic recovery. Across the Atlantic, the European Central Bank fell short of expected additional stimulus measures. Stocks in New York and the euro zone lacked momentum.

Dollar General Jumps; Aeropostale, Express, PVH, Titan Plunge

Mukesh Buch
03 Dec, 2015
New York City

Aeropostale net loss narrowed but American Eagle net soared. Dollar General net and revenues surged 7%. Express net soared 80% on 10% jump in revenues. Medtronic net tumbled 37%.Michaels Co net soared 20%. PVH profit fell. Sears net loss narrowed and revenues plummeted 19%.

ECB Drives Rates Deeper in Negative Territory, Markets Drop

Lucy Stoeva
03 Dec, 2015
New York City

Stock markets declined as ECB extended stimulus, but investor expected more drastic action. Nokia shareholders approved the $17.6 billion acquisition of Alcatel Lucent. Royal Dutch Shell received regulatory clearance for the $70 billion acquisition of BG Group. DS Smith profit plunged 19%.

19th Monthly Trade Deficit in Australia, New Home Sales Drop 3%

Marcus Jacob
03 Dec, 2015
New York City

The benchmark ASX 200 dropped after the merchandise trade deficit in October widened for 19th month in a row. New home sales in October slumped 3% but new motor vehicle sales in November increased 6.9%.

Sensex Down on Lower Asia on higher U.S. Rate Expectations

Sarla Buch
03 Dec, 2015
New York City

Foreign investors lower exposure to stocks in India and Asia and chase the prospect of higher rates in the U.S. Wipro agreed to acquire Germany- based cellent AG for

Flat Nikkei 225 in Cautious Trading in Tokyo, Fast Retailing Disappoints

Hiruki Nakamura
03 Dec, 2015
New York City

The Nikkei average remained flat ahead of rate decisions in the euro zone and the U.S. Fast Retailing, the operator of Uniqlo apparel said sales in November declined 8.9%. Mitsubishi Heavy Industries forecasts operating profit growth of 150% for its aviation and transport systems business.

Global Markets on Hold Ahead of Rate Decisions in the U.S. and Europe

Nichole Harper
02 Dec, 2015
New York City

Global markets lacked momentum and traders in Europe looked ahead to the policy decision of the central bank tomorrow. In the U.S., investors looked ahead to review speech from Fed Chair today and testimony tomorrow.

Ascena, G-III Soar; Bob Evans, REX American Decline

Mukesh Buch
02 Dec, 2015
New York City

Ascena net swung to a loss but sales soared 40%. Brown-Forman net fell 3%. Bob Evans revenues slid. G-III net advanced 8% and lowered earnings forecast. Isle of Capri Casinos net swung to profit. REX American net tumbled 68%. Village Super Market net surged 14%.

Stable But Below Target Inflation in Euro Zone Ahead of Policy Meeting

Lucy Stoeva
02 Dec, 2015
New York City

Inflation remained low in November and the data fueled expectations for central bank action. Greene King net jumped 9% and revenues soared 49%. Sage Group net increased 3%. Vodafone and Swisscom agreed to extend their strategic partnership agreement up to fiscal 2019.

Australian GDP Expands 0.9%, Spotless Group Crashes 40%

Marcus Jacob
02 Dec, 2015
New York City

The benchmark ASX 200 dropped despite an increase of 0.9% in the third-quarter GDP. Collins Foods stock surged after KFC revenues and profit soared. Spotless Group tumbled 40% after the janitorial services provider issued 2016 profit warning.

Tata Motor Auto Sales Drop 7%, Hero Moto Vehicle Sales Rise 0.7%

Sarla Buch
02 Dec, 2015
New York City

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