- 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.
- Nichole Harper
- 05 Aug, 2014
- New York City
Stocks on Wall Street drifted lower after mixed earnings report. A private measure of service sector in the U.S. showed larger than expected expansions and a government measure on factory orders increased 1.1% in June. Gannett is planning to spin off USA Today and print business.
- Mukesh Buch
- 05 Aug, 2014
- New York City
Archer Daniels second-quarter net surged more than doubled. CVS Caremark second-quarter net jumped 12% to $1.3 billion. Coach fourth-quarter net plunged 66% to $75 million. HCP second-quarter net rose 3%. Marathon Oil second-quarter net surged 27% to $540 million.
- Hiruki Nakamura
- 05 Aug, 2014
- New York City
Market indexes in Japan declined for the fourth day in a row as investors reacted to domestic earnings and higher yen. Toyota Motor reported 2.2% increase in first-quarter revenues. Isuzu Motors said profits were ahead of expectations. Marubeni Corp sales in first-half increased 18%.
- Marcus Jacob
- 05 Aug, 2014
- New York City
Reserve Bank of Australia left its key lending rate at historic low of 2.5% for the 12th month in a row. Market indexes closed lower for the third consecutive day. Cochlear soared 10% after sales in the first-half rebounded.
- Nigel Thomas
- 05 Aug, 2014
- New York City
Aggreko profit declined 8% to
- Mukesh Buch
- 05 Aug, 2014
- New York City
Ajanta Pharma net surged 80%. Crompton Greaves net and revenue climbed. Jubilant Life Sciences net swung to profit. Kalpataru Power net jumped 21%. Petronet LNG net tumbled 31% but revenue soared 20%. Punj Lloyd net swung to loss. SRF net surged. Tata Chemicals net climbed.