- Hiruki Nakamura
- 19 May, 2014
- New York City
Japan
- Marcus Jacob
- 19 May, 2014
- New York City
Australian market indexes declined 1.3% on weak iron ore prices and weak outlook for domestic housing prices. Goodman Fielder backed revised takeover offer from two bidders. Boart Longyear cautioned market conditions for drilling rig services may worsen.
- Mukesh Buch
- 19 May, 2014
- New York City
Adani Enterprises profit and revenue surged. Hindalco jumped. Jubilant FoodWorks net declined 24% but revenue climbed 19%. JK Cement surged after net and sales soared. SpiceJet net loss widened.
- Bikram Pandey
- 16 May, 2014
- New York City
India voters responded overwhelmingly to the message of infrastructure development, good governance and political change from BJP and its leader Narendara Modi. The first stable government in three decades in India is likely accelerate economic growth and rise of India on the world stage.
- Mukesh Buch
- 16 May, 2014
- New York City
Abbott agreed to acquire Chile-based CFR Pharma for $2.9 billion. Applied Materials net swung to profit after sales soared 19%. Autodesk net tumbled 49%. Darden agreed to sell its Red Lobster business for $2.1 billion in cash. Nordstrom net fell 3%.
- Nichole Harper
- 16 May, 2014
- New York City
Stocks in Tokyo plunged following losses in New York in overnight trading. Dentsu reported annual net increased Alconix annual net sales rose 12%. SMC Corp annual net soared 34%.
- Nigel Thomas
- 16 May, 2014
- New York City
Bouygues net swung to profit
- Marcus Jacob
- 16 May, 2014
- New York City
Australian stocks struggled and closed at the low of the day. For the week, the ASX 200 gained 0.3%. Santos Limited commenced shipment of liquefied natural gas from its project in Papua New Guinea.
- Mukesh Buch
- 16 May, 2014
- New York City
Bajaj Hindusthan net swung to a loss. Cadila Healthcare profit dropped 9% but revenue soared 22%. Gujarat Gas net declined 17%. Himatsingka net tumbled 49%. Karnataka Bank net surged 21%. Kalindee Rail net swung to profit. NTPC profit plunged 29%.
- Mukesh Buch
- 15 May, 2014
- New York City
Advance Auto Parts net dropped 11% after sales plunged 47%. Cisco climbed despite sales and net plunged. CA profit declined 15%. Flowers Foods slipped 6%. Kohl''s net plummeted 15% after sales dropped. Wal-Mart sales rose but net declined 5%.
- Nichole Harper
- 15 May, 2014
- New York City
S&P 500 index extended losses for the third day and small cap Russell 2000 index extended loss to 10% in a two-month correction. Yield on 10-year bond dropped to a six-month low.
- Nigel Thomas
- 15 May, 2014
- New York City
Deutsche Post profit edged up 0.8% to
- Hiruki Nakamura
- 15 May, 2014
- New York City
Japan''s GDP in the March quarter expanded 1.5% from the last quarter after consumer spending rose ahead of sales tax increase on April 1, the Cabinet Office said today.
- Hiruki Nakamura
- 15 May, 2014
- New York City
Rising consumer spending ahead of sales tax and strong capital spending lifted March quarter GDP to an annual rate of 5.9% in Japan. Stocks declined on stronger yen and weaker than expected earnings.
- Marcus Jacob
- 15 May, 2014
- New York City
Australian dollar traded firm near its recent high after investors digested latest federal budget. A pick up in trading in small caps lifted trading volume hear the high of the year so far. Auckland Airport plans for traffic boost from China this summer.