Nov 06, 2015 9:45 AM ET
Nikkei average in Tokyo gained for the third day in a row and the yen hovered near its recent one-week low. Olympus Corp said first-half net soared 60%. Aoyama Trading Co., Ltd and Aoki Holdings Inc advanced on higher first-half sales and earnings.
Nov 06, 2015 11:34 AM ET
European markets and luxury stocks trended lower after a warning from Richemont. Allianz profit declined 15% to €1.4 billion. ArcelorMittal net swung to a loss to $711 million after shipment and revenues declined. Inmarsat profit tumbled 21%. Rhoen-Klinikum net slumped. Zurich Insurance net plunged.
Nov 06, 2015 8:38 AM ET
Sensex in Mumbai edged lower and extended weekly losses to 1.5%. State Bank of India, Bank of Baroda and Punjab National Bank said quarterly profit jumped. M&M quarterly profit and revenues fall. Castrol India net rose 22%. Cipla net income surged 44%. Tata Steel net income jumped.
Nov 05, 2015 1:07 PM ET
Market indexes on Wall Street reversed losses of as much as 0.8% but stocks across most sector generally traded lower. Facebook soared to a record high on strong quarterly results. U.S. launched a drug price increase investigation and sought information from four drug makers.
Nov 05, 2015 12:08 PM ET
Apache net loss widened and Duke Energy profit plunged 27%. Expedia agreed to acquire smaller rival HomeAway for $3.9 billion. FB net soared 11% after ad revenues rose 45%. Qualcomm profit declined 44%. Ralph Lauren net tumbled 20%.
Nov 05, 2015 11:57 AM ET
European markets were little changed, driven mostly by mixed earning reports. Adidas profit surged 10% on 18% increase in revenues. AstraZeneca net slipped and forecasted flat revenues for the year. Credit Agricole plunged after revenues declined. Deutsche Telekom net jumped. Heidelberg profit rose.
Nov 05, 2015 9:32 AM ET
Nikkei average in Tokyo jumped 1% on positive assessment of the U.S. economy and rally in Shanghai supported the market advance across several markets in Asia. Mitsubishi net swung to a loss. Marubeni net tumbled 76%. Toyota lowered fiscal year vehicle sales forecast after net profit soared 12%.
Nov 05, 2015 8:48 AM ET
Australian market indexes and the bank stock fell after Commonwealth Bank said bad debts continued to rise but profits increased. Shanghai Composite surged 4% and extended 2-day rally on the stimulus measures expectations. Ardent Leisure tumbled. oOh!Media surged.
Nov 05, 2015 8:33 AM ET
Ashok Leyland said quarterly net soared 137% on 54% increases in revenues. L&T secured orders worth $300 million in October. Bata India net soared 39%. Procter & Gamble India profit rose 16%. Chennai Petroleum loss widened.
Nov 04, 2015 1:28 PM ET
U.S. indexes struggled as the Fed Reserve Chair Janet Yellen defended the central bank’s tighter regulation approach in supervising banks. Yellen also said that the U.S. economic recovery is less likely to be affected by the global turmoil. DAX Index in Germany struggled after Volkswagen plunged 9%.