- Nigel Thomas
- 31 Jul, 2014
- New York City
adidas plunged 16% after the footwear lowered annual profit estimate. BNP Paribas net swung to a loss of
- Marcus Jacob
- 31 Jul, 2014
- New York City
Australian stocks powered ahead on the stronger than expected building approvals. Iron ore prices remained weak but the U.S. Fed trimmed its monthly bond purchase program by $10 billion.
- Mukesh Buch
- 31 Jul, 2014
- New York City
Aban Offshore net doubled. ICICI Bank profit soared 17%. Maruti Suzuki net jumped 21% on 12% increase of sales. NTPC net plunged 13% but sales soared 15%. Mahindra Lifespace net and revenue surged. Torrent Pharma net climbed 72%.
- Bikram Pandey
- 30 Jul, 2014
- New York City
The first estimate of the U.S. economic growth in the second quarter came in at 4%, reversing the revised contraction of 2.1% in the winter quarter. The increase in inventories, rising cosumer spending and expansion in government spending at all levels contributed to the surge in annual rate.
- Nichole Harper
- 30 Jul, 2014
- New York City
Stocks on Wall Street edged lower after the initial estimate of the second quarter economic growth came in at 4%. Markets turned lower ahead of Fed statement in the next hour and corporate earnings were mixed. Twitter soared 21% on larger than expected advertising revenues.
- Mukesh Buch
- 30 Jul, 2014
- New York City
Amgen net and revenue climbed. CBRE Group net soared 51%. Humana net tumbled 18% but revenue surged 18%. Rockwell Automation net slid 2% and revenue rose 2%. Twitter advertising revenue more than doubled. WellPoint net declined 9%.
- Nigel Thomas
- 30 Jul, 2014
- New York City
AstraZeneca agreed to acquire Spain-based Almirall for $2.1 billion. Barclays profit soared 68% to
- Hiruki Nakamura
- 30 Jul, 2014
- New York City
Japan indexes advanced and investors focused on corporate earnings. Industrial production decreased for the second month in a row and the monthly decline was the largest since the earthquake and tsunami in 2011. Japan Tobacco first quarter sales increased 1.6%. Konica Minolta quarterly net plunged.
- Marcus Jacob
- 30 Jul, 2014
- New York City
Australian stocks advanced on strong trading volume on rising confidence in global economy. Tabcorp Holdings agreed to acquire regional government controlled gaming business as a part of a deal to win long term gaming license.
- Mukesh Buch
- 30 Jul, 2014
- New York City
Bharti Airtel surged 70%. Bank of India net declined 16% but revenues surged 21%. Cadila Healthcare profit and revenues climbed. Reddy''s Lab net surged 53%. Escorts net tumbled 42%. ITC profit climbed 16%. IDFC net dropped 14%. L&T net soared more than doubled.
- Mukesh Buch
- 29 Jul, 2014
- New York City
Aetna revenue surged 26% but net rose 2%. BP profit climbed 61%. Ecolab net surged 46% on 7% increase of revenue. Merck net soared 121% but sales fell. Pfizer net plunged 79% and revenue dropped 2%. United Parcel net tumbled 57.6% while revenue jumped 6%.
- Nichole Harper
- 29 Jul, 2014
- New York City
Stocks on Wall Street turned after the U.S. and Europe imposed tougher and wider sanctions on Russia controlled banks and banned the sale of military and oil production equipment. U.S. consumer confidence index reached a seven-year high and home prices rose at a slower pace in May.
- Nigel Thomas
- 29 Jul, 2014
- New York City
Deutsche Bank net plunged 29% to
- Hiruki Nakamura
- 29 Jul, 2014
- New York City
Stocks in Tokyo gained despite weaker than expected retail sales, household spending and jobless rate. The yen held firm below 102 against one dollar. Honda June quarter sales increased 5.4% and Nomura revenues declined 8.5%.
- Marcus Jacob
- 29 Jul, 2014
- New York City
Australian market indexes closed higher after declining for two days in a row. Home sales in June increased 1.2% and added 2% in the quarter to the month. QBE Insurance said first-half results will be impacted by weakness in Latin America.