Feb 12, 2015 9:12 AM ET
Australian market indexes extended losses to the fourth day in a row and the Aussie dollar edged lower. Jobless rate in January rose more than expected to 6.4%. ASX first-half revenues and earnings were ahead of expectations. Rio Tinto to use up to $500 million to buy back its shares.
Feb 12, 2015 8:25 AM ET
AstraZeneca said net swung to loss. Bank of India net plummeted 70%. Bata India net plunged 33%. Future Retail net tumbled 75% and plans to raise capital. Hindalco rose 8%. Power Grid net and revenues climbed 18%. RCap net soared 28%. Voltas net surged 73% but revenues declined 15%.
Feb 11, 2015 12:36 PM ET
Stocks on Wall Street traded in a tight range and crude oil declined 1%. European finance ministers and lenders meet Greece and appear in no mood to strike a compromise for the release of the next tranche of bailout. Germany, France and Russia diverge on Ukraine solution.
Feb 11, 2015 12:24 PM ET
AOL net soared 65%. Carlyle net tumbled 77% on 49% decline in revenues. Lorillard profit climbed 16%. Mosaic net soared 180%. PepsiCo net plunged 25%. Rite Aid agreed to buy Envision Pharma for $2 billion. Time Warner net declined 27%. Reuters net swung to profit.
Feb 11, 2015 10:24 AM ET
ARM Holdings net swung to profit to £73 million. Glencore plans to divest 23.9% stake in Lonmin. Heineken net soared 11% to €1.5 billion. ING profit surged 89% to €1.2 billion. Reckitt Benckiser net soared 85% to £3.2 billion. Tullow net swung to a loss to $1.6 billion.
Feb 11, 2015 9:08 AM ET
Australian market indexes declined for the third day in a row in active trading and consumer confidence rose to a one-year high. Commonwealth Bank, the largest bank in Australia said net profit surged 8% to a record high. CSL said net profit soared 7%. Domino’s Pizza soared 21% on results.
Feb 11, 2015 9:18 AM ET
Market indexes in India rebounded on the hopes of faster implementation of economic reforms after the latest election defeat of BJP. Asian Paints acquired 51% stake in Ethiopia-based Kadisco Paint. Capital First net surged 195%. Deepak Fertilisers net tumbled 98%. Nalco net soared nearly three-fold.
Feb 10, 2015 11:23 AM ET
Alere net loss widened and revenues fell. Coca-Cola net tumbled 55%. CVS Health net jumped 5% on 13% increase in revenues. CDW net plunged 14%. Coupons.Com tumbled 26% on weak outlook. Dean Foods net swung to profit. Qualcomm agreed to pay $975 million to China.
Feb 10, 2015 10:35 AM ET
Axis received offer from Japan-based Canon for 23.6 billion kronor. Bellway revenues climbed 19% to £820 million. Mediobanca net declined 15% to €261 million but revenues soared 16%. Michelin net plummeted 9% to €1 billion on 4% decline in revenues.
Feb 10, 2015 8:56 AM ET
Investors shifted focus to domestic earnings in trading in Japan. Softbank nine-month net sales increased 41% and the wireless services provider reaffirmed its annual outlook. Rakuten, the largest online retailer in Japan estimated operating profit to rise 15% on the back of fast expanding market.