ticker

Merck Sold

Nigel Thomas
28 Aug, 2015
New York City

Merck raised

Australian Stocks Extend Weekly Advance, Woolworths Net Drops 13%

Marcus Jacob
28 Aug, 2015
New York City

Australian market indexes gained and extended weekly advance. For the week, the ASX 200 index closed up 0.8%. Furniture and electronics retailer, Harvey Norman said annual net soared. Woolworths said full-year profit plunged 12.5%.

Nikkei Crosses 19,000, Record High Short-Selling Ratio in Tokyo

Hiruki Nakamura
28 Aug, 2015
New York City

Market indexes in Japan soared following a similar rebound in overnight trading in New York after the latest data offered a brighter view of the U.S. economic growth. However, caution prevailed and short selling ratio in Tokyo shot up to a record high of 39.8%.

Sensex Pares Weekly Decline to 3.6%, RBA Silent on Rupee Weakness

Mukesh Buch
28 Aug, 2015
New York City

Stocks in Mumbai rebounded but the rupee struggled and investors are increasingly questioning the lack of action from the Reserve Bank. Bharti is looking to sell 6,500 telecom towers in Sri Lanka and Bangladesh.

Calm Returns to World Markets, Brazil in Recession

Nichole Harper
28 Aug, 2015
New York City

Calm returned to world financial markets after seven days of volatile trading that saw major indexes swing wildly and plunge as much as 10%. Crude oil jumped for the second day in a row. Brazil entered technical recession after second quarterly contraction.

U.S. GDP Revision Supports 4% Market Surge, Global Markets Rebound

Nichole Harper
27 Aug, 2015
New York City

Stocks on Wall Street shot up after six days of losses and crude oil futures soared more than 10%. Market indexes in New York surged as much as 4% before trimming losses and European indexes closed up at least 3%. Emerging market currencies rebounded from the recent lows in Asia.

Sensex in India Soars 2%, Government Targets to Develop Smart Cities

Mukesh Buch
27 Aug, 2015
New York City

Sensex index in Mumbai surged 2% and rupee rebounded as Asian markets searched stability. The central government of India released a list of 98 cities covered in the smartcity mission. Bharti agreed to acquire Augere Wireless. HDFC plans to raise $300 million through a bond offering.

Nikkei Rallies as Yen Advances, Volatile Shanghai Index Soars 5%

Hiruki Nakamura
27 Aug, 2015
New York City

Nikkei average in Tokyo extended the recent rebound to the fifth day on the back of resurgent markets in New York and Europe. Yen continued to strengthen and indexes in Asia soared and currencies in India, Indonesia and Australia edged higher. Stocks in Shanghai surged to close up 5%.

Australia Extends Rebound to Day Three; Billabong, Ausdrill in Focus

Marcus Jacob
27 Aug, 2015
New York City

Australian market indexes gained for the third day in a row in the back of resurgent international markets. Australian dollar weakened to 71 U.S. cents. Billabong, the sportswear retailer swung to annual net profit. Ausdrill annual loss widened.

Abercrombie & Fitch, Express, Oshkosh Jump; Heico, Schlumberger Fall

Mukesh Buch
26 Aug, 2015
New York City

Monsanto withdrew from $47 billion offer for Syngenta. Schlumberger agreed to acquire Cameron Intl for $14.8 billion. Oshkosh secured $6.7 billion contacts from the U.S. Army. Chico''s net tumbled. Express net surged.

Online Gambling Sites in

Nigel Thomas
26 Aug, 2015
New York City

Betfair agreed to a

Second Day Rebound in Australian Despite Global Markets Volatility

Marcus Jacob
26 Aug, 2015
New York City

Australian markets traded higher for the second day as wild market swings persisted around the world. Westfiled Corp, global developer of malls said annual net swings to profit. Worleyparsons, the engineering contractor said annual revenues fell 8%.

Resurgent Volatility in Global Markets, Wild Swings on Wall Street

Nichole Harper
26 Aug, 2015
New York City

Stability remained elusive in global markets for the seventh day in a row as market indexes extend recent losses from peaks to between 12% and 15%. U.S. stocks are in their first decline of more than 10% since 2011. After wild swings, Shanghai markets closed down 1.3%.

Sensex in India Drops 1.2%; Indian Oil to Build Pipeline to Nepal

Mukesh Buch
26 Aug, 2015
New York City

Sensex in Mumbai traded down in volatile trading and energy stocks and banks were in focus. Another day of wild swings in Shanghai put Asian markets on alert and casted doubt on Chinese economic strength.

Nikkei Rebounds 4%, Asian Markets Slide on Volatile Shanghai

Hiruki Nakamura
26 Aug, 2015
New York City

Nikkei average rebounded after a week of sustained selling following three four days of selling but volatility in Shanghai continued to drive the stock market trading sentiment around the world. The yen gained but crude oil drifted lower to a new six-year low.

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