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U.S. Stocks Lack Direction, More Debate at Fed Before First Rate Hike

Nichole Harper
08 Apr, 2015
New York City

U.S. stocks lacked direction and crude oil plunged more than 6% to $50 a barrel. The Fed minutes showed that several rate committee members were inclined to wait for the momentum in inflation and wage growths before lifting rates as early as June.

Global Payments, Rite Aid Climb

Mukesh Buch
08 Apr, 2015
New York City

Global Payments net soared 14% on 8% increase in revenues. MSC Industrial net jumped 4%. Rite Aid net surged after reduction of deferred tax asset valuation. RPM Intl net swung to a loss but revenues climbed 10%. Team net swung to profit.

Shell in

Nigel Thomas
08 Apr, 2015
New York City

easyJet said passenger traffic in March climbed 7.5% to 5.49 million. Royal Dutch Shell agreed to acquire BG Group for

Nikkei at 15-Year High, BoJ Keeps Monetary Expansion Unchanged

Hiruki Nakamura
08 Apr, 2015
New York City

Nikkei in Tokyo soared to a new 15-year high as Bank of Japan kept its monetary expansion plan unchanged and retail investors supported new buying in the market. Current account surplus widened in February after the trade deficit in the month narrowed. Takashimaya Company met earnings expectations.

Australian Indexes Advance Ahead of Earnings, Aussie Dollar Holds Firm

Marcus Jacob
08 Apr, 2015
New York City

Australian market indexes closed higher and investors shifted focus to the earnings announcements from banks, resource sector stocks and healthcare companies. Aussie dollar closed below U.S. 78 cents and gold and crude oil declined.

Sensex in India in 4-Day Rally, Videocon d2h Raises $325 M

Mukesh Buch
08 Apr, 2015
New York City

Sensex in Mumbai extended rally to the fourth day on the back of a surge in pharmaceutical stocks and a rise in Coal India. Videocon d2h listed its stock on the Nasdaq and raised $325 million. Union Cabinet tightened the real estate sector regulation bill to prevent the flow of illegal financing.

U.S. Leads 3-day World Markets Rally

Nichole Harper
07 Apr, 2015
New York City

U.S. stocks extended gains for the third day in a row and the dollar remained firm against the euro. Crude oil jumped for the second day and traded above $53 a barrel. India left its interest rate unchanged and Australia held rates at historic low of 2.25%. European markets surged.

TNT Seeks a Deal with FedEx, Axalta Coating Sell 8.7% to Berkshire

Mukesh Buch
07 Apr, 2015
New York City

Berkshire Hathaway agreed to acquire 8.7% stake in Axalta Coating from Carlyle Group. Greenbrier net surged more than three-fold. Canada divests 73.4 million shares of General Motors. FedEx offered $4.8 billion for TNT, two years after deal with UPS was scuttled. Intl Speedway net tumbled.

FedEx Offers

Nigel Thomas
07 Apr, 2015
New York City

Ryanair said passenger traffic in March soared 28% to 6.67 million. Rio Tinto completed its buy-back of about 11.6 million shares worth $560 million. FedEx offered

Nikkei Advances 1.2%on Earnings and Wage Gains Expectations

Hiruki Nakamura
07 Apr, 2015
New York City

Nikkei in Tokyo advanced 1.2% and Japanese companies are expected to offer summer bonus of 2.1%. Energy sector stocks gained after crude oil futures rose 5% after Saudi Arabia lifted prices for Asian delivery. AIT Corp, the parcel and delivery company said annual net income increased 13.5%.

Australia Keeps Rate at Historic Low 2.25%

Marcus Jacob
07 Apr, 2015
New York City

Reserve Bank of Australia left benchmark rate at historic low of 2.25% and held out for an increase at the next meeting in May. Australian dollar spiked up. Leighton with its partner won a $608 million contract to build reservoirs in Qatar. Rio Tinto completed its $500 million share buyback program.

Rates on Hold in India; Government Speeds Up Project Awards

Mukesh Buch
07 Apr, 2015
New York City

RBI left key lending rate unchanged and lifted its growth outlook in the current fiscal year. GMR Infra received ₹5,080 crore order from Indian Railways. MMTC secured coal import order from Coal India and Andhra Pradesh Power. National Highway Authority awards an order to Supreme Infra.

U.S. Indexes Rebound Rate Talks, Crude Oil Jumps 5%

Nichole Harper
06 Apr, 2015
New York City

U.S. stocks rebounded after Fed official suggested future rate increase are likely to be gradual. Crude oil jumped 5% after Saudi Arabia increased oil price for Asian customers. Russian ruble rebounded and Real in Brail rallied for the fifth day. European markets were closed today.

Bristol-Myers to Invest in uniQure, Ventas Acquires Ardent Medical

Mukesh Buch
06 Apr, 2015
New York City

Bristol-Myers plans to invest in The Netherlands-based biotech uniQure. Shanda Games agreed to go private for $1.9 billion. Ventas agreed to acquire privately-owned hospital operator Ardent Medical Services for $1.75 billion and spin off most of its skilled nursing facilities.

Nikkei Turns Lower, Toshiba Plunges 10%

Hiruki Nakamura
06 Apr, 2015
New York City

Nikkei 225 Average in Tokyo eased following weaker than expected U.S. jobs report. Toshiba Corp dropped after the company appointed a committee to investigate earnings irregularity in the fiscal year ending in March 2014.

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