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Accor to Acquire FRHI Hotels; Airbus, Barclays, BNP Paribas, IAG Net Soar

Nigel Thomas
30 Oct, 2015
New York City

AB InBev net tumbled 28%. Airbus net jumped 36% and the aircraft maker plans to sell its remaining stake in Dassault Aviation by the end of next year and buyback

Visa Looks to Buy Visa Europe; Chevron, Exxon Net Tumble

Mukesh Buch
30 Oct, 2015
New York City

Colgate-Palmolive net surged but revenues plunged. CVS Health lifted earnings forecast. Chevron and Exxon net tumbled. Mylan net fell 14% but revenues soared 30%. Visa is in preliminary talks to acquire Visa Europe.

ICICI, Kotak Bank, Reddy's Net Jump; Nestle, Emami Net Fall

Sarla Buch
30 Oct, 2015
New York City

ICICI Bank and Kotak Mahindra Bank said quarterly profit surged. Dr. Reddy''s Lab profit soared 26%. Emami net plunged 33% but revenues jumped 17%. Nestle India net and revenues declined. L&T profit rose 16%.

Sensex in India Falls 0.8%; Just Dial, Colgate, Pidilite Net Rise

Sarla Buch
29 Oct, 2015
New York City

Just Dial, online search engine said quarterly profit soared 47% on 16% increases in revenues. Colgate net jumped 21%. Pidilite profit surged 38%. MRF profit soared 45%. Ambuja Cements net declined 36%.

In Japan Sony and Nippon Steel Estimate Lower Annual Sales

Hiruki Nakamura
29 Oct, 2015
New York City

Nikkei average in Tokyo closed higher in quiet trading and industrial output in September rose 1%. Sony Corp estimated annual sales to decline less-than-expected 3.8% and forecasted net profit. Nippon Steel said first-half sales decreased 10% and estimated annual net sales to fall 11%.

Australian Markets Drop 1%, Export Price Index Falls 5.2%

Marcus Jacob
29 Oct, 2015
New York City

ASX 200 index eased more than 1% in active trading after export price index in the third-quarter declined 5% from a year ago period. Crown Resorts acquired 20% stake in Japanese restaurant chain Nobu for $100 million.

Aetna, McKesson Rise; MasterCard, Teva Pharma, Time Warner Net Decline

Mukesh Buch
29 Oct, 2015
New York City

Aetna net and sales fell. Altria net soared. ConocoPhillips net swung to a loss. Johnson Controls surged 13% but revenues decline 12%. MasterCard worldwide purchase volume in the quarter soared 12%. McKesson net and sales jumped. Teva Pharma net tumbled 88%. Time Warner net plunged 12%.

Pfizer Approaches Allergan; Bayer Net Jumps, Eni and Shell Net Swing to Loss

Nigel Thomas
29 Oct, 2015
New York City

Pfizer approached Allergan for a potential merger. Air France KLM net surged to

IndiGo IPO Fully Subscribed in India; Dabur, Sun TV Net Soar

Mukesh Buch
28 Oct, 2015
New York City

The parent of IndiGo airline said its public offering was fully subscribed on the second day of sale. Dabur India said quarterly profit jumped 19%. Sun TV profit soared 41% on 12% increases in revenues. Thermax profit declined 25%. Bharat Bijlee net swung to profit.

Wall Street Advances As Fed Signals December Rate Hike Likely

Nichole Harper
28 Oct, 2015
New York City

Federal Reserve left rates on hold but held out for a possible rate hike at the next meeting in December. The accompanying statement from the Fed suggested that the U.S. economy is healthy policy makers are less concerned about the global backdrop.

Walgreens Offers $17.2 B to Rite Aid; Northrop Wins $80 B Contract

Mukesh Buch
28 Oct, 2015
New York City

Apple net and revenues surged. General Dynamics net rose. Hilton profit soared 53%. Intercontinental Exchange net soared 30%. Northrop secured Pentagon sweepstakes contract for $80 billion. Southern net surged 33%. Twitter net loss narrowed. Walgreens offered $17.2 billion to Rite Aid.

BT Wins Approval to Buy EE, Volkswagen Net Swings to Loss

Nigel Thomas
28 Oct, 2015
New York City

BT Group received regulatory approval to buy EE for

IndiGo IPO Fully Subscribed in India; Dabur, Sun TV Net Soar

Mukesh Buch
28 Oct, 2015
New York City

The parent of IndiGo airline said its public offering was fully subscribed on the second day of sale. Dabur India said quarterly profit jumped 19%. Sun TV profit soared 41% on 12% increases in revenues. Thermax profit declined 25%. Bharat Bijlee net swung to profit.

Australian Dollar Drops 1% on Softer Third-Quarter Inflation

Marcus Jacob
28 Oct, 2015
New York City

Australian dollar declined 1% after the third-quarter inflation slowed to 0.5% from the second-quarter and annual inflation rate was 1.5%. Core inflation that excludes volatile food and energy prices also was lower than expected knocking all hopes of a rate hike in the near term.

Nikkei in Cautious Advance; ANA, Canon, Daiwa and Nomura in Focus

Hiruki Nakamura
28 Oct, 2015
New York City

Nikkei average in Tokyo closed higher and investors focused on the latest earnings announcement. Canon continued to struggle in its camera division. ANA first-half net soared 51%. Daiwa and Nomura reported better-than-expected earnings.

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