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World Markets Mixed as Oil Dips to New Low

Nichole Harper
31 Jul, 2015
New York City

Market indexes on Wall Street turned lower and commodities declined after crude oil price declined to a new low and extended losses deeper. Euro zone inflation was stable at 0.2% and jobless rate at 11%.

Australian Wholesale Inflation Slows, ResMed Rises

Marcus Jacob
31 Jul, 2015
New York City

Australian market indexes extended weekly gains and wholesale inflation in second quarter slowed on weaker energy prices. ResMed said fourth quarter sales increased 8%. Monadelphous won four contracts worth $130 million.

With Declining Household Spending, Stagnant Inflation in Japan

Hiruki Nakamura
31 Jul, 2015
New York City

Inflation in Japan increased 0.4% in June from a year ago month and was unchanged at 0.1% from the previous month. With the latest decline in energy prices, inflation has been below the Bank of Japan

Sensex Jumps 1.5%, ICICI Net Climbs, India to Trim Hindustan Copper Stake

Mukesh Buch
31 Jul, 2015
New York City

ICICI Bank said quarterly net climbed 12% in 8% increase in revenues. Karur Vysya Bank net jumped 10% but Kotak Mahindra Bank net plunged 26%. GlaxoSmithKline net and revenues declined. Titan Company net fell 15%.

Chevron, Exxon Profits at Decade-Low; LinkedIn Drops 9%

Mukesh Buch
31 Jul, 2015
New York City

ArcelorMittal revenues declined 18%. Amgen net climbed 6%. Aon profit plummeted 41%. Chevron and Exxon Mobil net declined after revenues tumbled above 30%. Enbridge net plunged 24%. LinkedIn net loss widened. Seagate net tumbled 57%.

Carrefour Net Plunges 29%, BNP Paribas Net Swings to Profit

Nigel Thomas
31 Jul, 2015
New York City

Airbus net surged 34% to

Consumer Spending Boosts Second-Quarter U.S. Economic Growth

Nichole Harper
30 Jul, 2015
New York City

U.S. economic growth accelerated in the second-quarter from the first boosted by consumer spending on falling energy price. In addition, improving labor market also encouraged consumers to shop more often.

Colgate, Facebook, Marriott, P&G, Whole Foods Decline

Mukesh Buch
30 Jul, 2015
New York City

BorgWarner net tumbled 22%. Colgate revenues and profit declined. Cigna net rose 2%. Facebook dropped 9% on rising costs but after advertising revenue surged 43%. Marriott net soared 25%. P&G net tumbled 80%. Time Warner net declined 7%. Teva net plunged 28%.

Nikkei Rises 1.1%; Nintendo Surges on Profit, Sony Net Triples

Hiruki Nakamura
30 Jul, 2015
New York City

Nikkei average increased 1.1% and industrial output jumped 0.8% in June. However, auto sales in the month declined 5.3% on 5.1% decline in sales. Nintendo soared after posting profit in the latest quarter. Sony Corp quarterly net tripled.

Australian Building Approvals Plunge 8%, Freelancer Soares 10%

Marcus Jacob
30 Jul, 2015
New York City

Australian market indexes gained and the Aussie dollar drifted lower after the U.S. Fed left rates at zero. Australian building approvals declined more than expected 8.2% in June. Australian online marketplace Freelancer posted record revenues and user growth.

RBA Lets Rupee Slide Further; Nestle Net Swung to Loss, Essar Oil Net Rises

Mukesh Buch
30 Jul, 2015
New York City

Rupee continues to drift lower despite the recent collapse in energy and gold prices, two largest imported items by India. Essar Oil quarterly profit surged 54%. Nestle India net swung a loss. Dr. Reddy''s Lab net jumped 14%. NTPC net fell 3%. Crompton Greaves secured a contract in Portugal.

BT, Enel, RBS Net Soar; BAE Systems, Shell Profit Decline

Nigel Thomas
30 Jul, 2015
New York City

BT profit climbed 16% to

Fed Comments on Economy and Zero Rate Policy Fuels Market Rise

Nichole Harper
29 Jul, 2015
New York City

Federal Reserve left its key rate unchanged and said economy and job markets continue to improve. Fed comments lifted broad array of market indexes. S&P 500 index has rebounded nearly 2% after a correction of more than 3%.

Nikkei in Tokyo Sruggles, Fanuc Plunges 10%

Hiruki Nakamura
29 Jul, 2015
New York City

Nikkei average in Tokyo closed down in lacklustre trading and investors focused on domestic earnings. NTT DoCoMo estimated higher annual revenues. Fanuc plunged the most in seven years after lowering annual outlook. Dentus wins Olympic rights in Asia for 2018-2024.

Australian Dollar Under Cloud, NAB Divests Great Western Stake at a Loss

Marcus Jacob
29 Jul, 2015
New York City

Australian market indexes rebounded on the back of higher closing in international markets. However, weaker commodities prices dampened the mood. NAB completed the divestment of its stake in the U.S. based Great Western Bancorp and booked a loss.

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