- Nigel Thomas
- 08 Aug, 2014
- New York City
Allianz net climbed 11% to
- Hiruki Nakamura
- 08 Aug, 2014
- New York City
Market averages in Tokyo plunged 2.3% in an Asia-wide sell-off after U.S. ordered Iraq strike. The latest military strike contributed the growing turmoil in the Middle East and to the persistent tensions between Russia and Europe. SoftBank quarterly net plunged.
- Mukesh Buch
- 08 Aug, 2014
- New York City
Bombay Dyeing net loss widened. Finolex Cables profit and revenue climbed on higher prices. M&M net jumped 4% despite sluggish sales. Nestle India profit climbed 6% on 10% increase of revenue. SBI net rose 3%. Vardhman Textiles net dropped.
- Marcus Jacob
- 08 Aug, 2014
- New York City
Australian markets extended losses for the sixth session. Indexes on Friday declined 1.3% and in the six-day period lost 3.6% on rising geopolitical worries. Reserve Bank of Australia lowered its GDP growth and inflation estimate.
- Mukesh Buch
- 07 Aug, 2014
- New York City
AES net plunged 20%. Costco July sales soared 9% and comparable sales jumped 5%. Duke Energy net surged 80%. IntercontinentalExchange net climbed 47%. Sempra Energy net climbed 10%. Walgreen July comparable sales jumped 5.2%.
- Nichole Harper
- 07 Aug, 2014
- New York City
Optimism returned to stock trading after two weeks of losses in New York. Initial claims of weekly jobless claims declined to an eight year low and better than expected earnings from 21st Century Fox and CenturyLink contributed to investor enthusiasm.
- Nigel Thomas
- 07 Aug, 2014
- New York City
adidas net plunged 27% to
- Hiruki Nakamura
- 07 Aug, 2014
- New York City
Stocks in Tokyo gained as earnings season accelerate and nearly 400 companies are scheduled to release results before the end of the week. Mitsui Fudosan declined after quarterly net declined. Olympus Corp swung to quarterly net profit.
- Marcus Jacob
- 07 Aug, 2014
- New York City
Australian market indexes extended losses for the fifth day in a row after unemployment rate unexpectedly jumped to 6.4%, a 12-year high. Rio Tinto said first-half earnings increased 21% to $5.1 billion. Tabcorp Holdings annual net increased 2.6%.
- Mukesh Buch
- 07 Aug, 2014
- New York City
Balrampur Chini net loss narrowed. Glaxo net and revenue climbed above 8%. Gati net soared 72% but the company plans to cut debt and exit from loss making freight shipping business. MM Forgings net climbed. Sundram Fasteners net soared. Trident profit declined 27%.
- Mukesh Buch
- 06 Aug, 2014
- New York City
OL net fell 1% but revenue climbed. Cerner acquired health information technology business from Siemens for $1.3 billion. Cognizant net surged 24% on sales growth in the U.S. Chesapeake net tumbled 68%. Time Warner net soared 10%. Walgreen reversed its plan for inversion and stay in the U.S.
- Hiruki Nakamura
- 06 Aug, 2014
- New York City
Stocks in Tokyo closed lower for the fifth day in a row and the yen traded above 102 level against the U.S. dollar. Asahi Group said quarterly net surged 25%. The largest trading company Mitsui & Co Ltd reported a slight decline in earnings on weak petroleum and commodities sales.
- Marcus Jacob
- 06 Aug, 2014
- New York City
Australian stocks closed lower and investors focused on the international commodities prices. The Aussie dollar traded above 93 U.S. cents and gold and oil traded lower in Sydney.
- Nigel Thomas
- 06 Aug, 2014
- New York City
Ageas net plunged 93% to
- Mukesh Buch
- 06 Aug, 2014
- New York City
Adani Power net loss narrowed but revenues fell 9%. Adani Ports profit climbed 36%. Apollo Tyres net soared 37%. Bata net dropped but sales soared 9%. Hero Motocorp net increased 3% and revenues soared 14%. IDBI Bank struggled with loan losses.