- Mukesh Buch
- 25 Apr, 2014
- New York City
Axis Bank announced a stock split of 5-to-1. ACC profit fell 9%. Ambuja Cements net jumped 7%. Bharti Infratel net soared 64%. Cera Sanitaryware profit surged 39%. Exide profit dropped 10%. ICICI Bank net jumped 15%. Maruti Suzuki net plunged 35%.
- Mukesh Buch
- 24 Apr, 2014
- New York City
3M net jumped 7%. Apple profit climbed 12% after iPhone sales surged in China. Caterpillar net jumped 5%. Celgene profit declined 27%. Eli Lilly net tumbled 53% and revenue plunged 16%. Facebook net surged 193% after advertising revenue soared 82%. GM net plunged 89%.
- Nichole Harper
- 24 Apr, 2014
- New York City
U.S. market indexes quickly dropped to negative zone after opening higher on the back of better than expected earnings from Apple and Facebook and Aetna. General Motors reported weaker earnings weighed down by recalls.
- Hiruki Nakamura
- 24 Apr, 2014
- New York City
Nikkei Index declined 0.9% and the yen traded with a negative bias as investors awaited earnings from domestic companies. JFE Holdings, the steelmaker reported higher fiscal year sales and earnings.
- Nigel Thomas
- 24 Apr, 2014
- New York City
Alstom surged on speculation that GE may make a $13 billion takeover offer. AstraZeneca net declined 11% to $1.5 billion. Heineken profit tumbled 37% to
- Marcus Jacob
- 24 Apr, 2014
- New York City
Australian stocks extended gains for the third day in a row in a short trading week. Transurban plans to raise $2.74 billion to finance its $6.6 billion Queensland Motorways. Atlas Iron Ore shipped record iron ore in the quarter to March.
- Mukesh Buch
- 23 Apr, 2014
- New York City
Boeing net declined 13%. Biogen net climbed 12% and revenue soared 51%. Dow Chemical net surged 75.3%. Delta Air Lines profit soared to $213 million. General Dynamics profit jumped 4% but sales fell 1%. Johnson Controls net soared 59%. Procter & Gamble net rose 2%.
- Arjun Dave
- 23 Apr, 2014
- New York City
For more than six decades people in India cast their votes but rarely managed to get much in return when it came to governance, development and access to basic utilities. Congress Party remains focused on villages and offers little to urban voters as inflation ravages purchasing power.
- Nigel Thomas
- 23 Apr, 2014
- New York City
ARM Holdings net climbed 20% to
- Nichole Harper
- 23 Apr, 2014
- New York City
U.S. stocks struggled and tech stocks traded down ahead of earnings from Apple, Qualcomm and Facebook after the close. Boeing reported higher adjusted earnings and lifted 2014 outlook. Proctor & Gamble reported flat quarterly sales. U.S. new home sales plunged 14.5% in March.
- Hiruki Nakamura
- 23 Apr, 2014
- New York City
Toyota reported a surge of 6% in global vehicle production to 2.58 million in the quarter to March. Honda global production in the quarter increased 12.4% to 0.4 million and at Nissan rose 10.4% to 0.49 million units. Seibu surged 10% on the first day of trading.
- Marcus Jacob
- 23 Apr, 2014
- New York City
Australian inflation in March increased from a year ago to 2.9% but trailed expectations. Market indexes closed higher 0.7% and a slight improvement in China
- Mukesh Buch
- 23 Apr, 2014
- New York City
Cairn India net climbed 18% to $491 million on 16% increase in revenues. Mastek profit plunged 38% after revenue slipped 5%. Rallis India net surged 71%. State Bank of Bikaner and Jaipur net climbed 33%. VST Industries profit surged 49%. Yes Bank net soared 19%.
- Nichole Harper
- 22 Apr, 2014
- New York City
U.S. market indexes advanced led by tech stocks. Existing home sales in March declined 0.2% to annual rate of 4.59 million and dropped to the lowest level since July 2012. Novartis announced deals worth $20 billion. Valeant Pharmaceuticals offered $46 billion for Allergan Inc.
- Mukesh Buch
- 22 Apr, 2014
- New York City
Bank of New York Mellon net swung to a profit. Comcast net surged 30% after revenue jumped 14%. Harley-Davidson net climbed 19%. Illinois Tool profit soared 34%. Lockheed Martin net jumped 23%. McDonald