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Nikkei at 3-Month High, BoJ Expects Moderate Economic Recover

Hiruki Nakamura
20 Nov, 2015
New York City

Nikkei average increased and extended 4-day rally on the strength in the yen. Pharmaceutical, food and chemical sector stocks led the gainers. Bank of Japan said the domestic economy expected to recover moderately.

Another Decline in Aussie Dollar, Retailers Lead Gainers in Sydney

Marcus Jacob
20 Nov, 2015
New York City

ASX 200 Index remained flat in lackluster trading amid weak commodity prices and improving results of retail companies. Kathmandu Holdings sales in the first-quarter surged 8.5%. Myer Holdings quarterly same store sales jumped 3.9%.

Weekly Advance of 1% in Sensex in India, Canara Bank Plans Bond Offering

Sarla Buch
20 Nov, 2015
New York City

Canara Bank plans to raise ₹2,400 crore via bond offering. Indian Financial Technologies sold its remaining 5% stake in Indian Energy Exchange. RPP Infra won a contract from NHAI. Simplex Castings received an order from Diesel Locomotive Works.

Wall Street Leads Global Advance, Square and Match IPO Soar

Nichole Harper
19 Nov, 2015
New York City

Wall Street indexes advanced at a slower pace and jobless claims declined at the end of last week supporting rate hike scenario at the next Fed meeting. Square Inc and Match Group soared on the first day on trading in New York.

Square Surges on Debut; Stein Mart Soar, Best Buy, Stage Stores Plunge

Mukesh Buch
19 Nov, 2015
New York City

Square stock surged 64% in its debut. Best Buy net soared but sales fell. Broadcom net jumped 21% while revenues plunged 9%. Buckle profit tumbled 12%. Cato profit surged and lifted forecast. Smucker net and revenues rose. Stein Mart net loss narrowed while Stage Stores net loss widened.

European Markets Advance; Sodexo, ThyssenKrupp Net Soar

Lucy Stoeva
19 Nov, 2015
New York City

European bourses recorded gains on the back of Sodexo stock buyback program and improving jobs market in the U.S. Royal Dutch Shell received Australian regulatory approval to acquire BG Group. Sodexo net soared 32%.

Nikkei Rises 1% Despite Weak Imports Data, BoJ on Hold

Hiruki Nakamura
19 Nov, 2015
New York City

Nikkei in Tokyo jumped more than 1% and the Bank of Japan left its monetary stimulus program intact. Exports in October declined 2% and imports tumbled 13%, prompting a caution that the domestic economy may not be strong enough.

Australia Indexes Soar 2% on Rising Possibilities of U.S. Rate Hike

Marcus Jacob
19 Nov, 2015
New York City

ASX 200 Index soared 2.1% on positive company news and a rally in resource sector. Stocks also advanced on the optimism that the U.S. economy is strong enough to withstand a rate increase as early as December.

Asia Advance and Lifts Sensex 1.4%, Auto Stocks Rally

Sarla Buch
19 Nov, 2015
New York City

Sensex jumped to a 7-week high following a sharp jump in stocks across Asia on the rising expectations that the U.S. economy is strong enough to withstand first rate hike in ten years. Auto stocks rallied. Punj Lloyd secured two contracts from NTPC.

S&P 500 Advance, Cautious European Trading

Nichole Harper
18 Nov, 2015
New York City

S&P 500 and Nasdaq jumped more than 0.8% and more Fed officials talked about the possible rate increase after the next Fed meeting in December. U.S. housing starts fell to a seven-month low in October.

ConAgra to Spin Off Frozen Unit; Lowe's, Target Profit Jump

Mukesh Buch
18 Nov, 2015
New York City

ConAgra plans to spin off its frozen potato business and restructure. Aramark net jumped 28% but sales declined 10%. Lowe''s profit soared 26%. La-Z-Boy net soared 9%. Staples net plunged 9%. Target lifted earnings forecast and quarterly net surged 56%.

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