Oct 16, 2015 1:58 PM ET
Australian market indexes closed higher but for the week declined and the Aussie dollar closed slightly lower from its one-week high. Rio Tinto said iron ore production increased in the third-quarter but copper production is expected to fall short of its previous estimate.
Oct 16, 2015 1:09 PM ET
Reliance Industries said profit in the second-quarter jumped 13% on 34% increases in revenues. Bharti’s deal lapsed with Eaton Towers for sale of tower assets in Africa. Tata Motors global wholesales soared 21%. Sintex net surged 41%.
Oct 16, 2015 1:04 PM ET
Advanced Micro Devices net swung to a loss after sales tumbled 26%. First Horizon net soared 46%. GE net plunged 29%. Honeywell net jumped 8% but revenues dropped 5%. Mattel revenues and profit plunged. Quanta Services tumbled on weak outlook. Grainger net slumped 17%.
Oct 16, 2015 12:57 PM ET
Carrefour sales increased 4%. Hugo Boss group sales jumped 4%. Nestle total sales in the nine-month fell 2%. Remy Cointreau total sales in the first-half soared 6% to €501 million. Vodafone signed partnership with Russia-based mobile group MTS.
Oct 15, 2015 5:50 PM ET
Stocks on Wall Street rose and financials led the market indexes higher by 1% or more. Citigroup rose 4% after the third-largest bank reported strong earnings. Nike Inc surged on better revenues outlook and Netflix plunged 8% on weaker-than-expected U.S. subscriber additions.
Oct 15, 2015 5:20 PM ET
Bargain hunters helped the Nikkei average to rebound and halt a 3-day sell-off in Tokyo. Convenience store chain operator FamilyMart agreed to acquire the smaller rival UNY Group for $1.4 billion in all stock merger. Sumitomo Mitusi Construction rebounded after a plunge in Wednesday.
Oct 15, 2015 4:47 PM ET
ASX 200 index in Sydney closed higher and ended a 3-day sell-off and jobless rate held at 6.2% in September. New motor vehicle sales in the month increased 5.5%. Australian dollar strengthened for the third day in a row.
Oct 15, 2015 1:05 PM ET
Citigroup net surged 54% after legal costs and operating expenses plunged 18%. Goldman Sachs net tumbled 38%. Philip Morris profit plunged 10%. BB&T net fell 4% but revenues soared 7%. U.S. Bancorp net rose 0.7%. Blackstone net swung to a loss.
Oct 15, 2015 1:20 PM ET
Unilever revenues soared 9.4%. Repsol plans to sell assets worth about €6.2 billion. Burberry plunged on flat revenues. Montupet revenues surged and received cash tender offer from Canada-based rival Linamar. Tesco sold fourteen Spenhill development sites in London.
Oct 15, 2015 12:10 PM ET
Adani group received approval from Australian government for Carmicheal coal mine and rail project with 36 conditions. Jaguar Land Rover retail sale rose 3% in September. LIC Housing Finance net soared 21% on 16% increases in revenues.