- Nichole Harper
- 02 Jun, 2014
- New York City
Stocks on Wall Street eased after construction spending rose less than expected and a private survey of U.S. manufacturing showed an unexpected slowdown. Markets in Asia closed higher and European markets focused on latest deals.
- Hiruki Nakamura
- 02 Jun, 2014
- New York City
Stocks in Tokyo advanced after investors looked overseas and the yen eased. Dai-ichi Life Insurance is said to be nearing purchase of the U.S. based Protective Life Corp for at least $4.9 billion.
- Marcus Jacob
- 02 Jun, 2014
- New York City
Australian stocks rebounded and overlooked 4% decline in spot iron ore price. Home prices in capital cities declined 2% in May, the first monthly decline in a year. Ausdrill plunged 11% after the energy industry services provider lowered its annual outlook.
- Mukesh Buch
- 02 Jun, 2014
- New York City
Bajaj Auto sales in May rose 4% and export climbed 40%. Hero Motocorp sales jumped 8%. Maruti sales soared 19% and domestic sales jumped 16% while export surged 51%. M&M sales edged up 1% after domestic sales grew 3% but export declined 30%. TVS sales climbed 27% and export soared 42%.
- Mukesh Buch
- 02 Jun, 2014
- New York City
Cox & Kings net loss narrowed but sales soared 115%. Jyoti Structures plunged after net swung to a loss. NMDC profit climbed 34% after revenue jumped 18%. REI Agro net swung to a loss. Uflex net soared.
- Nichole Harper
- 30 May, 2014
- New York City
U.S. stocks meandered and consumer spending declined for the first time in a year in April. Consumer sentiment index was revised lower in May. European markets looked ahead to additional monetary stimulus. Resource stocks declined on the second weekly decline in iron prices.
- Mukesh Buch
- 30 May, 2014
- New York City
Big Lots net plunged 70%. Genesco net fell 3% but revenue jumped 6%. Guess net swung to a loss on 5% decline in sales. Infoblox tumbled after net loss widened. Lions Gate plunged 12%. OmniVision profit surged 70%. Splunk net loss widened.
- Nigel Thomas
- 30 May, 2014
- New York City
Fenner plunged on earnings outlook. Salamander Energy climbed on Spanish takeover speculation. Urban&Civic net swung to a loss. Westminster Group said net loss in the year widened.
- Hiruki Nakamura
- 30 May, 2014
- New York City
Stocks in Tokyo slipped on Friday and for the week the Nikkei Stock Average increased 1.2%. The yen held firm. The latest measure of inflation tracked by the government in April showed the largest jump since 1991.
- Marcus Jacob
- 30 May, 2014
- New York City
Australian market indexes declined on Friday and for the week closed unchanged after spot iron ore prices traded below $100 per ton for the second week in a row. The RBA said total credit increased 0.5% in April. Lynas Corp completed $40 million stock offering.
- Mukesh Buch
- 30 May, 2014
- New York City
BHEL net and revenue plunged. Cipla profit dropped 6%. DLF net swung to profit. L&T net surged 69%. M&M profit edged up. ONGC net surged 44%. Power Grid Corp profit jumped. Sun Pharma profit soared 57%. Tata Chemicals net loss widened and Tata Motor net rose 0.7%.
- Mukesh Buch
- 29 May, 2014
- New York City
Abercrombie net loss widened after sales fell. Costco net rose 3% and sales climbed 7%. Chico''s profit jumped 6%. Palo Alto net loss widened but revenue soared 49%. Pall net surged 21%. Sanderson Farms profit climbed 14%. Tech Data net plunged 24%.
- Nigel Thomas
- 29 May, 2014
- New York City
Helical Bar profit and revenues surged. Kingfisher net soared 19% to
- Nichole Harper
- 29 May, 2014
- New York City
U.S. stocks opened higher and weekly jobless claims declined 27,000. The U.S. economy shrank at annual pace of 1% in the second estimate after the impact of winter freeze was deeper than expected.