ticker

Cisco Profit Soars; J C Penney, Jack in the Box, Kohl's Plunge

Mukesh Buch
14 May, 2015
New York City

Cisco net soared 12% on 5% increase in revenues. Children

3i Group, Compass, Telefonica Net Climb; Bouygues Net Swings to Loss

Nigel Thomas
14 May, 2015
New York City

3i Group net climbed 35% to

Rising Global Bond Yields Drag Nikkei, Konica Minolta Surges

Hiruki Nakamura
14 May, 2015
New York City

Rising bond market yields hovered stock market sentiment in Tokyo and 10-year Japanese government bond yield jumped to a two-month high of 0.47%. Railroad company stocks declined. Konica Minolta announced stock buyback and dividend hike. Toshiba plans to write down earnings in last three years.

Australian Index Trade Down, ResMed Plunges 18%

Marcus Jacob
14 May, 2015
New York City

Australian market indexes traded lower and the Aussie dollar strengthened. Graincorp reported a decline in interim profit but held out for its annual outlook. ResMed plunged 18% after clinical results of heart failure and central apnoea failed to deliver results.

Wholesale Price Index in India Falls 2.6% in April

Mukesh Buch
14 May, 2015
New York City

Castrol India said net in the quarter soared 46%. Emami net climbed 25%. Oriental Bank net swung to profit. Pantaloons Fashion net loss narrowed. Umang Dairies net remained unchanged but revenues dropped.

Danaher to Acquire Pall for $13.8 Billion, Market Indexes Trend Lower

Nichole Harper
13 May, 2015
New York City

Market indexes on Wall Street trimmed morning gains and retail sales in April were flat. Danaher Corp agreed to acquire Pall Corp for $13.8 billion in cash. Senate Democrats blocked President Obama

Macy's, Ralph Lauren Net Decline; McKesson, TubeMogul Jump

Mukesh Buch
13 May, 2015
New York City

Macy''s net declined 14%. McKesson profit tumbled 64%. Precision Castparts net plummeted 72%. Ralph Lauren net plunged 19%. TubeMogul net loss narrowed. Zillow net swung to profit.

Current Account Surplus Widens in Japan, Softbank Net Rises 29%

Hiruki Nakamura
13 May, 2015
New York City

Market indexes in Japan lacked direction and current account in March widened to the largest since 2008. Separately, finance ministry said seasonally unadjusted exports increased 6.2% and imports declined 0.6%. Softbank annual net soared 29%.

Eurozone Growth Accelerates to 0.4%; AP Moeller, ABN Net Soar

Nigel Thomas
13 May, 2015
New York City

Markets across Europe stabilized after economic growth accelerated in March quarter. AP Moeller net surged but revenues plunged 10%. ABN AMRO profit soared 75% to

BHP Cuts Capex and Iron Ore Production Cost, Australian Stocks Advance

Marcus Jacob
13 May, 2015
New York City

Australian market indexes traded higher and the Aussie dollar held below 80 U.S. cents. BHP Billiton said it plans to cut its capital spending to $9 billion in fiscal year 2016 from $12.6 billion in fiscal 2015 and lower its iron ore production cost to $16 a ton.

Sensex Jumps 1.4%; Adani, Lupin, Torrent Struggle with Earnings

Mukesh Buch
13 May, 2015
New York City

Sensex index in Mumbai surged 1.3% and 10-Year bond yield closed at 7.94%. Reliance Jio raised $750 million from a Korean lender to roll out its 4G telecom services. Ashok Leyland said revenues soared 47%. Adani net plunged 74%. Lupin net fell 1%. Torrent Power net rose 2%.

S&P 500 and Indexes Trim Losses, Verizon May Have Overapid for AOL

Nichole Harper
12 May, 2015
New York City

Market indexes on both sides of Atlantic traded lower as investors worried that the five-year long rally may be nearing an end as investors hover near record highs. Verizon Communications agreement to acquire to AOL Inc is likely to destroy shareholder value one more time.

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