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Deutsche Bank Transfers $6B in Error; Swedbank, Whitbread Profit Soar

Nigel Thomas
20 Oct, 2015
New York City

Deutsche Bank

Hindustan Zinc, Bajaj Fin, GRUH Fin Net Soar; Gati Net Falls

Mukesh Buch
20 Oct, 2015
New York City

Hindustan Zinc said quarterly profit rose 5%. State Bank of Bikaner net surged 52% but gross non-performing assets remained above 4%. Bajaj Finance quarterly revenues increased 37%. Can Fin Homes net soared 91%. GRUH Finance net Jumped 20%. Gati net fell 17%.

Nikkei Extends Gains Ahead of Trade Data

Hiruki Nakamura
20 Oct, 2015
New York City

Nikkei in Tokyo closed higher and awaited international traded data tomorrow. Aeon Co reported first-half sales soared 19%. Genky Stores said estimated annual sales to increase 20% and net income to rise 7%.

In Sydney Trading Brambles, Cochlear and Newcrest in Focus

Marcus Jacob
20 Oct, 2015
New York City

Australian market indexes closed down and the Aussie dollar held firm in active trading. Brambles Limited raised $500 million through a bond offering. Cochlear Limited reaffirmed its annual earnings outlook. Newcrest Mining said gold production in third-quarter declined 13%.

Cautious Advance on Wall Street with Tech Earnings in Focus

Nichole Harper
19 Oct, 2015
New York City

Stocks advanced cautiously higher on Wall Street as tech companies dominate busy earnings season this week. Energy companies declined after crude oil dropped nearly 3%. Morgan Stanley reported profit declined for the second quarter in a row. Weight Watchers more than doubled.

Australian Markets Faltered Despite China Growth Data

Marcus Jacob
19 Oct, 2015
New York City

Australian market indexes traded volatile and the Aussie dollar held near its recent high. Iron ore prices firmed up after China reported better-than-expected 6.9% economic growth. Treasury Wine Estate completed capital raising to pay for the wine unit of Diego in the U.S. and U.K.

China GDP Data Trims Nikkei Losses, Tokyo Electric to Raise $2.8 B

Hiruki Nakamura
19 Oct, 2015
New York City

Nikkei average in Tokyo trimmed losses after China reported slightly better than expected third-quarter economic growth of 6.9%. Tokyo Electric Power rose after a report suggested that the company plans to raise $2.8 billion in bonds in the fiscal 2016.

CRISIL, UltraTech Cement Net Rise; HCL Technologies Net Falls

Mukesh Buch
19 Oct, 2015
New York City

Infosys entered into a joint venture with IBM to develop cloud based services. CRISIL said third-quarter revenues rose 14%. HCL Technologies net in the first-quarter fell 3% but revenues barely rose 3%. UltraTech Cement quarterly net rose 3%.

Diebold to Buy Germany-based Wincor, Christian Dior Profit Surges

Nigel Thomas
19 Oct, 2015
New York City

Wincor Nixdorf agreed to be acquired by the U.S.-based Diebold for about

Morgan Stanley Net Tumbles, Weight Watchers Surges on Oprah Deal

Mukesh Buch
19 Oct, 2015
New York City

Morgan Stanley revenues and profit declined. Oprah Winfrey agreed to acquire 10% stake in Weight Watchers. Diebold agreed to acquire the Germany-based Wincor Nixdorf. WEX agreed to buy Electronic Funds Source for $1.1 billion. Halliburton net swung to a loss. Hasbro net soared 15%.

With Earnings in Focus Wall Street Power Ahead, Match to Go Public

Nichole Harper
16 Oct, 2015
New York City

Market indexes on Wall Street edged higher and for the week the S&P 500 index increased 0.9%. Match Group Inc, the owner of a portfolio of dating sties, filed for an initial public offering. Jobless rate in California State fell to eight year low of 5.9%.

Nikkei Jumps 1% on Additional Easing Speculation

Hiruki Nakamura
16 Oct, 2015
New York City

Nikkei average jumped more than 1% on a growing speculation that the Bank of Japan may offer additional stimulus. Market advance was also supported by the gains in Shanghai ahead of the gross domestic report. Adastria Co, the apparel retailer said sales in first-half jumped 10%.

Australian Indexes Trim Weekly Losses, Rio Guides Higher Iron Ore Production

Marcus Jacob
16 Oct, 2015
New York City

Australian market indexes closed higher but for the week declined and the Aussie dollar closed slightly lower from its one-week high. Rio Tinto said iron ore production increased in the third-quarter but copper production is expected to fall short of its previous estimate.

Third Weekly Gain in Sensex in India, Reliance Industries Net Jumps 13%

Mukesh Buch
16 Oct, 2015
New York City

Reliance Industries said profit in the second-quarter jumped 13% on 34% increases in revenues. Bharti

GE Net Declines, Honeywell Net Jumps; Quanta Services, Grainger Plunge

Mukesh Buch
16 Oct, 2015
New York City

Advanced Micro Devices net swung to a loss after sales tumbled 26%. First Horizon net soared 46%. GE net plunged 29%. Honeywell net jumped 8% but revenues dropped 5%. Mattel revenues and profit plunged. Quanta Services tumbled on weak outlook. Grainger net slumped 17%.

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