- Nigel Thomas
- 22 Apr, 2014
- New York City
Philips net plunged 15% to
- Hiruki Nakamura
- 22 Apr, 2014
- New York City
Broader market indexes declined after reversing earlier gains in the day and commodities linked stocks were in focus. Yasakawa Electric declined after the power company estimated lower than expected current year income. Monex Group, the online security provider said fiscal year revenues increased 51%.
- Hiruki Nakamura
- 21 Apr, 2014
- New York City
Market indexes in Tokyo drifted lower and the yen eased after trade deficit in March quadrupled from a year ago. Consumer lending stocks soared on a speculation that the government may loosen restrictions. Drugstore chain Genky said quarterly sales increased 4%.
- Marcus Jacob
- 22 Apr, 2014
- New York City
Australian stocks closed higher in thin trading. Oil Search advanced after issuing a positive outlook but quarterly sales declined 19%. Singapore competition authority approved the alliance between Air New Zealand and Singapore Airlines.
- Mukesh Buch
- 21 Apr, 2014
- New York City
Halliburton and Hasbro net swung to a profit. Hillshire Brands agreed to acquire Van''s Natural Foods for $165 million. Kimberly Clark net rose 1%. Pfizer plans in acquire AstraZeneca for
- Mukesh Buch
- 21 Apr, 2014
- New York City
ALSTOM India secured a contract worth
- Mukesh Buch
- 22 Apr, 2014
- New York City
Gujarat Gas dropped after its board approved consolidation of its entities. HDFC Bank net climbed 23% and revenue jumped 15%. HEG profit surged 33%. MRF net declined 19% but revenue soared 14%. Novartis surged after promoter agreed to acquire cancer drug business from GSK for $16 billion.
- Arjun Dave
- 20 Apr, 2014
- New York City
The national election in India has led to a rise of two new confident and self-made leaders with different visions from the traditional welfare state model supported by the Nehru-Gandhi dynasty. India is looking for ways to speed up economic growth and catch up with the neighboring rival China.
- Hiruki Nakamura
- 17 Apr, 2014
- New York City
Market indexes in Tokyo closed nearly unchanged in thin trading. Confidence index dropped to the lowest in March since August 2011. GungHo Online Entertainment soared on profit report. Developer Ichigo Group reported net annual sales more than doubled.
- Hiruki Nakamura
- 18 Apr, 2014
- New York City
Stocks advanced for the third day in Tokyo but trading volume was thin. Sony said sale of video game console unit in the first six month since its release outpaced 7 million and stayed ahead of Microsoft
- Marcus Jacob
- 17 Apr, 2014
- New York City
Australian market indexes struggled to advance but a last minute rally lifted indexes. Australian imports in March declined 2% form the revised February data. Santos estimated higher production in the current year.
- Nigel Thomas
- 17 Apr, 2014
- New York City
Burberry said revenue climbed 16% to
- Mukesh Buch
- 17 Apr, 2014
- New York City
General Electric net declined 15%. Goldman Sachs profit plunged 11%. Google net rose 2% but revenue soared 19%. IBM net plummeted 21% and revenue fell 4%. Morgan Stanley net surged 55%. PepsiCo net soared 13% on flat sales. UnitedHealth net declined 7%.
- Nichole Harper
- 16 Apr, 2014
- New York City
U.S. stocks advanced for the third day in a row and the Nasdaq Composite erased nearly 2% of the 7% correction since March. Bank of America swung to a quarterly loss. Yahoo exceeded its quarterly sales estimate.
- Mukesh Buch
- 16 Apr, 2014
- New York City
Abbott net tumbled 31% and sales fell 3%. Bank of America net swung to a loss. Grainger profit rose 2% on 5% increase in revenues. Johnson Controls plans to acquire Air Distribution Tech from Canada Pension Plan for $1.6 billion. Intel net dropped 4%. Yahoo profit tumbled 20%.