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Nikkei in Tokyo Struggles on Weak Core Machinery Orders

Hiruki Nakamura
13 Apr, 2015
New York City

Stocks in Tokyo edged lower after domestic core machinery orders in February declined and China reported worst trade data in nearly a year. Genky Stores, drug retailer, said nine-month net income doubled.

China Trade Contraction Drags Australian Indexes Lower

Marcus Jacob
13 Apr, 2015
New York City

Australian stocks turned lower after China said exports and imports contracted. Rising yuan played a role in the sharply lower trade data. Mesoblast soared 24% after the U.S. based Celegen agreed to acquire a 4.5% stake in biopharmaceutical developer.

Sensex in India Jumps 0.6%, CPI in India Slows to 5.17%

Mukesh Buch
13 Apr, 2015
New York City

Consumer price index increase in March slowed to 5.17%. Info Edge to invest in Zomato, restaurant review website operator. L&T signed an agreement with France-based Areva and build a nuclear power plant in Maharashtra. LIC plans to increase its stake in NMDC to 12%.

Stocks on Wall Street Advance Led by 7% Jump in GE

Nichole Harper
10 Apr, 2015
New York City

Stocks powered ahead on Wall Street and banks are scheduled to release earnings next week. General Electric announced to sell its GE Finance unit and return to shareholders as much as $90 billion by 20108. Asian markets continued to climb higher as indexes in China, India and Japan extend gains.

GE in $23 B Deal with Blackstone and Wells Fargo, Excel Trust Surges 14%

Mukesh Buch
10 Apr, 2015
New York City

Constellation Brands net surged 37%. Excel Trust surged after it agreed to be acquired by Blackstone Property Partners for $15.85 per share. Fidelity National Information Services plunged on weak outlook. GE plans to divest real estate portfolio to Blackstone Group and Wells Fargo for $23 billion.

Asian-wide Rally Lifts indexes in Japan and in Hong Kong

Hiruki Nakamura
10 Apr, 2015
New York City

Market indexes in Japan participated in Asia-wide rally as global investors shift attention away from the U.S. The popular Nikkei 225 Average briefly traded above 20,000 and the index in the week jumped 2.4%. Daiken Corp said net income in the year declined 9%.

Europe Movers: Carrefour, Suedzucker, Vedanta

Nigel Thomas
10 Apr, 2015
New York City

Carrefour said first-quarter sales soared 6% to

Industrial Output in India Accelerates to 5%

Mukesh Buch
10 Apr, 2015
New York City

Industrial production in February accelerates to the fastest pace in nine months. Foreign investors continued to lift exposure to stocks and favoured three rating agencies. IndusInd Bank agreed to acquire diamond & jewellery financing business worth $712 million from Scotland-based Royal Bank.

Australian Indexes Extend Weekly Gain, Bradken Rejects Takeover Offer

Marcus Jacob
10 Apr, 2015
New York City

Australian market indexes extended weekly gains and Aussie dollar closed unchanged. Seasonally adjusted home loans approvals in February increased 1.2% from the previous month. Bradken rejected the latest takeover proposal.

Sharp Jump in European Markets Lift Indexes in U.S.

Nichole Harper
09 Apr, 2015
New York City

Market indexes on Wall Street struggled to advance and crude oil gained and weekly jobless claims rose less than expected. European markets advanced after German industrial production rose. Bank of England left its key lending rate on hold.

Apogee, Mylan, Walgreens Climb; Alcoa, Bed Bath, Buckle, Costco Drop

Mukesh Buch
09 Apr, 2015
New York City

Alcoa net swung to profit. Apache sell its Australian unit for $2.1 billion. Apogee net surged 73%. Bed Bath & Beyond profit dropped 4%. Buckle March comparable sales slid 0.5%. Costco sales in March fell 2%. Cato same-store sales soared 12%. Walgreens Boots Alliance net surged.

Mylan Offers $28.9 B to Perrigo, German Industrial Production Rises

Nigel Thomas
09 Apr, 2015
New York City

The increase in German industrial production offered the latest evidence of the growing momentum in the largest economy in the euro zone. Bank of England as expected held its reference interest rate. Mylan offered to buy generic drug maker Perrigo for $28.9 billion.

Nikkei Extended 15-Year High Advance on Foreign Buying

Hiruki Nakamura
09 Apr, 2015
New York City

Nikkei 225 index in Japan extended the latest advance and closed at a new 15-year high. Weak commodities and yen, supported the gain in indexes. Aeon Mall said revenue in the fiscal year increased 15%. J. Front reported flat sales but earnings tumbled 37%.

Oil and Gold Weakness Drag Stocks in Sydney; AGL in Deal with BHP, ESSO

Marcus Jacob
09 Apr, 2015
New York City

Weakening commodities prices in Australia and international markets dragged stock market indexes in Sydney. Construction industry sector index rebounded in March to show an expansion. AGL Energy agreed to gas delivery deal with BHP and Esso Australia for three years.

Momentum in Corporate Financing Lifts Market Outlook in India

Mukesh Buch
09 Apr, 2015
New York City

Wireless telecom stocks declined after the regulatory agency lowered the upper limit on the roaming charges. Reliance Industries extended 2-day rally to 7% after the company is said to have discovered new natural gas field at its KG D6 basin. Vertex plans to increase its stake in GVK Power to 15.24%

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