- Nichole Harper
- 24 Jul, 2014
- New York City
Stocks on Wall Street trended higher after June new home sales plunged 8% but weekly jobless claims dropped to a low not seen in last nine years. General Motors issued a new round of recalls. Facebook soared on record quarterly sales.
- Mukesh Buch
- 24 Jul, 2014
- New York City
3M net climbed 6%. AT&T net declined 8%. Bristol-Myers profit plunged 38%. Caterpillar net jumped but revenue dropped. Eli Lilly net tumbled 39%. Ford net climbed 6% but revenue slid. GM net tumbled 83%. Raytheon net soared 13%.
- Nigel Thomas
- 24 Jul, 2014
- New York City
easyJet declined despite revenue climbed 9% to
- Hiruki Nakamura
- 24 Jul, 2014
- New York City
Stocks in Tokyo edged lower and then yen was in focus after Japan reported a decline in June trade deficit. The deficit was still larger than expected and soared to a record high in the first-six months.
- Marcus Jacob
- 24 Jul, 2014
- New York City
Australian stocks and the Aussie dollar closed higher after a private survey showed a larger than expected expansion in manufacturing sector in China. Newcrest Mining Limited, the largest independent gold miner in Australia announced additional asset impairment.
- Mukesh Buch
- 24 Jul, 2014
- New York City
ACC net dropped 7%. Cairn India net tumbled 65% but revenue surged 10%. Dewan Housing profit and revenues surged. Hindalco appointed banks for share sale to rise about Rs 5,000 crore. Ingersoll Rand India net fell 5%. L&T Finance net surged 97%. TVS Motor net soared 39%.
- Nichole Harper
- 23 Jul, 2014
- New York City
Stocks on Wall Street traded higher and market indexes flirted with recent record highs. Apple, Microsoft and Pepsi earnings met or exceeded analyst expectations. Market indexes in Europe traded flat and Asian markets closed mixed on domestic corporate earnings.
- Mukesh Buch
- 23 Jul, 2014
- New York City
Apple net surged 12%. Boeing net soared 52%. Biogen net jumped 46%. Dow Chemical net tumbled 62%. GlaxoSmithKline profit plummeted 29%. General Dynamics net plunged 16%. Microsoft net declined 7%. PepsiCo net fell 2%.
- Hiruki Nakamura
- 23 Jul, 2014
- New York City
Stocks in Tokyo closed lower in thin trading and the yen gained on persistent tensions in Europe and Middle East. Tokyo Electron declined after a ministry in China expressed opposition to the merger with Applied Materials.
- Marcus Jacob
- 23 Jul, 2014
- New York City
Stocks in Australia gained and three largest banks dropped fixed rate mortgage rates to historic lows. Inflation in second quarter jumped but the annual rate stayed within the target range established by the central bank. BHP reported production report that matched expectations.
- Nigel Thomas
- 23 Jul, 2014
- New York City
ABB net declined 18% to $1.2 billion. Daimler net plunged 52% to
- Mukesh Buch
- 23 Jul, 2014
- New York City
ABB India net jumped 20%. Axis Bank net surged 18%. Atul profit soared 48%. KPIT Technologies tumbled after net declined 17%. MRF net rose 1%. Polaris Financial Technology net plummeted 29%. Yes Bank net climbed 10%.
- Mukesh Buch
- 22 Jul, 2014
- New York City
Comcast net soared 16%. Chipotle surged after net and sales climbed. Du Pont net jumped 4%. Coca-Cola profit fell 3%. Kimberly Clark net slipped 3%. Lockheed Martin net rose 4%. McDonald''s net slid 1%. United Technologies net soared 8%. Verizon net plunged 17%.
- Nichole Harper
- 28 Jul, 2014
- New York City
Stocks on Wall Street traded sideways ahead of economic growth data this week. Dollar Tree agreed to acquire Family Dollar for $8.5 billion. Real estate listing site operator Zillow acquired the rival Trulia for $3.5 billion. Yukos owners won $50 billion award in Holland.
- Mukesh Buch
- 28 Jul, 2014
- New York City
Cummins net jumped 8%. Dollar Tree offered to buy Family Dollar for $8.5 billion. Roper net soared 41% on 13% increase of revenue and lifted outlook. RPM Intl net surged 66%. Tyson Foods net rose 4%. Tenneco profit climbed 29%. Zillow agreed to acquire Trulia for $3.5 billion.