- Hiruki Nakamura
- 27 Feb, 2014
- New York City
Stocks in Asia and in Tokyo were on the defensive as tensions rose in Eastern Europe and Russia prepared for a military exercise near a border with Ukraine. The edged up 0.3%. Sony Electronics, the U.S. based unit of Sony plans to cut 1,000 jobs.
- Mukesh Buch
- 27 Feb, 2014
- New York City
Best Buy net swung to profit and online sales surged. Hilton profit tumbled 57% but revenue jumped. Kohl''s net plunged 12%. Mylan net climbed 11%. Pall sales and profit climbed. Sears net loss narrowed.
- Marcus Jacob
- 27 Feb, 2014
- New York City
Australian stocks declined after December quarter capital investment fell more than expected 5.2%. The spending is expected to fall further in the current quarter. Qantas confirmed its plan to trim 5,000 jobs.
- Nigel Thomas
- 27 Feb, 2014
- New York City
Allianz net surged 14.6% to
- Mukesh Buch
- 26 Feb, 2014
- New York City
Chesapeake net swung to a loss. Dollar Tree net dropped 7%. Heico profit surged 38% on 23% rise in sales. Lowe
- Nichole Harper
- 26 Feb, 2014
- New York City
U.S. new home sales increased to a six-year high annualized rate. Retailers were in focus after Target Corp reported better than expected earnings. TJX announced a $2 billion share buyback program. First Solar plunged on earnings decline. DreamWorks Animation sales plunged 23%.
- Nigel Thomas
- 26 Feb, 2014
- New York City
Ferrovial net jumped 5% to
- Hiruki Nakamura
- 26 Feb, 2014
- New York City
Stocks in Tokyo paused and investors focused on the yen weakness. Panasonic Corp soared after the company plans to build electric batteries for Tesla Motors Inc. The gained 0.3%.
- Marcus Jacob
- 26 Feb, 2014
- New York City
Australian indexes closed higher led by a rise in banks and insurance companies. Prime Minister Tony Abbott announced a $320 million assistance package for drought affected farmers. Lend Lease first-half profit declined 16% but offered positive outlook.
- Mukesh Buch
- 26 Feb, 2014
- New York City
BHEL secured a contract worth Rs 321 crore for hydro electric project in Punjab. Clariant Chemicals fell after net swung to a loss. CARE key shareholders struggle to sell their stakes. Jindal Poly Films net swung to a profit. Sanofi India net surged 107%.
- Hiruki Nakamura
- 25 Feb, 2014
- New York City
Stocks in Japan closed higher and the yen held firm following a rise in international markets in overnight trading. Honda Motor opened a new plant in India with investment of $600 million. Line in Japan denies media reports of stake sale talks with Softbank.
- Mukesh Buch
- 25 Feb, 2014
- New York City
American Tower net plunged 26% but sales surged 23%. Domino
- Nigel Thomas
- 25 Feb, 2014
- New York City
Ashmore profit plunged 32%. Aixtron net loss narrowed. Fresenius forecasted sales and net to grow. GKN Profit in the year declined 16% to
- Marcus Jacob
- 25 Feb, 2014
- New York City
Australian market indexes opened higher but the weakness in resource sector dragged the indexes to close down. Atlas Iron reported a surge in net sales and swung to profit in the first-half. Graincorp lowered its earnings outlook. IOOF net profit in the first-half soared 45%.
- Mukesh Buch
- 25 Feb, 2014
- New York City
Elecon Engineering secured an order from NTPC. JP Associates plans to reduce the debt and sell stakes in Bhilai Cement and Bokaro Steel. Kinetic sold its entire stake in Mahindra Two Wheelers. Tata Power to look for additional capital at a board meeting on Feb 27.