Jan 20, 2015 12:06 PM ET
Baker Hughes net surged 167% on 13% increase in revenues. Delta Air Lines net swung to a loss. Halliburton net and revenues climbed 14%. iGATE net jumped 15% on 11% increase in revenues. Johnson & Johnson net plunged 28%. Morgan Stanley net surged to $920 million.
Jan 20, 2015 10:51 AM ET
Novozymes profit climbed 15% to 2.5 billion kronor on 6% increase in revenues. SAP net profit fell 1% to €1.3 billion but revenues jumped 7%. Unilever profit jumped 5% to €5.5 billion. William Hill fourth-quarter sales and operating profit declined.
Jan 20, 2015 10:21 AM ET
Nikkei index in Tokyo soared 2.1% and extended gains for the second day in a row and the yen weakened. Itochu and Thailand based Charoen Pokphand Group filed to acquire 10% stake in China controlled Citic.
Jan 20, 2015 9:47 AM ET
Market indexes in Australia eased after China said economic growth dropped to 7.4% and expanded at the slowest pace in 24 years. Commodities and oil prices were under pressure after the IMF lowered its estimate of global economic growth.
Jan 20, 2015 8:52 AM ET
Hindustan Zinc profit surged 38%. Info Edge net rose 20%. Kansai Nerolac signed a joint venture to enter Sri Lanka market. Kotak Mahindra Bank net climbed 37% on 20% increase in revenues. South Indian Bank net plunged 38% but revenues jumped 10%.
Jan 19, 2015 12:25 PM ET
Markets in Europe gained ahead of ECB meeting later in the week and oil prices closed down in London trading. Shanghai market indexes plunged nearly 8% after regulators limited the margin lending. Yield on 10-year Japanese government bonds dropped to a record low of 0.2%. U.S. markets were closed.
Jan 19, 2015 10:53 AM ET
Shanghai market index plunged 7.7% after the Chinese regulator curbed margin lending in an attempt to arrest the 40% rise the index in the last three months.
Jan 19, 2015 10:04 AM ET
Balfour Beatty secured an infrastructure development contract worth up to £1.5 billion from Scape. Deutsche Telekom plans to invest €23.5 billion for its domestic landline and mobile networks. Schindler Holding lifted net profit forecast for the fourth-quarter of about 900 million francs.
Jan 19, 2015 2:24 AM ET
Bank of Japan entered the bond market to acquire government bonds and 10-year debt yield fell to a record low of 0.2%. Japanese yen strengthened to a 117.17 against one dollar and industrial output declined 0.5% in November.
Jan 19, 2015 8:33 AM ET
Australian market index struggled to hold on to the 1.3% surge at the opening after Shanghai index plunged 6%. Dexus Property acquired a business and industrial estate in south of Sydney for $154 million.