- Hiruki Nakamura
- 30 May, 2014
- New York City
Stocks in Tokyo slipped on Friday and for the week the Nikkei Stock Average increased 1.2%. The yen held firm. The latest measure of inflation tracked by the government in April showed the largest jump since 1991.
- Marcus Jacob
- 30 May, 2014
- New York City
Australian market indexes declined on Friday and for the week closed unchanged after spot iron ore prices traded below $100 per ton for the second week in a row. The RBA said total credit increased 0.5% in April. Lynas Corp completed $40 million stock offering.
- Mukesh Buch
- 30 May, 2014
- New York City
BHEL net and revenue plunged. Cipla profit dropped 6%. DLF net swung to profit. L&T net surged 69%. M&M profit edged up. ONGC net surged 44%. Power Grid Corp profit jumped. Sun Pharma profit soared 57%. Tata Chemicals net loss widened and Tata Motor net rose 0.7%.
- Mukesh Buch
- 29 May, 2014
- New York City
Abercrombie net loss widened after sales fell. Costco net rose 3% and sales climbed 7%. Chico''s profit jumped 6%. Palo Alto net loss widened but revenue soared 49%. Pall net surged 21%. Sanderson Farms profit climbed 14%. Tech Data net plunged 24%.
- Nigel Thomas
- 29 May, 2014
- New York City
Helical Bar profit and revenues surged. Kingfisher net soared 19% to
- Nichole Harper
- 29 May, 2014
- New York City
U.S. stocks opened higher and weekly jobless claims declined 27,000. The U.S. economy shrank at annual pace of 1% in the second estimate after the impact of winter freeze was deeper than expected.
- Mukesh Buch
- 29 May, 2014
- New York City
The U.S. gross domestic product in the first three months on 2014 declined at 1% annual compared to first estimate of 0.1% increase, the Commerce Department reported today.
- Hiruki Nakamura
- 29 May, 2014
- New York City
The Nikkei Stocks Average gained in thin trading and the yen held firm below 102 against the U.S. dollar. April retail sales plunged 13.7%, after the announced sales tax increase brought forward sales in March. Mitsubishi UFJ agreed to acquire Bermuda based hedge fund administrator.
- Marcus Jacob
- 29 May, 2014
- New York City
Australian market indexes closed lower and investors turned cautious after spot iron ore price dropped below $97 a ton. Australian private capital expenditure declined 4.2% and new home sales in April increased 2.9%.
- Mukesh Buch
- 29 May, 2014
- New York City
BPCL net declined 15% and IOC net plunged 35% despite higher government subsidies. Bajaj Electricals net swung to a loss. Coal India net plunged. Hero Motocorp profit slipped. Hindalco net declined 48%. NALCO profit dropped 30%.
- Mukesh Buch
- 28 May, 2014
- New York City
DSW plunged on weak quarterly results. Toll Brothers quarterly net surged nearly three-fold. Valeant lifted takeover offer for Allergan and sold its skin care products right to Nestle for $1.4 billion in cash. Workday net loss widened.
- Nichole Harper
- 28 May, 2014
- New York City
U.S. stocks traded near flat line and investors looked ahead to GDP report tomorrow. Valeant lifted its offer for Allergan to $50 billion and increased cash portion. German unemployment increased for the first time in six months in May.
- Nigel Thomas
- 28 May, 2014
- New York City
De La Rue profit climbed 25% to
- Hiruki Nakamura
- 28 May, 2014
- New York City
Nikkei in Tokyo advanced and the year traded near 2-month high and construction companies were in focus on the expectations of city development tax incentives. Senko Co said annual sales and net income rose.
- Marcus Jacob
- 28 May, 2014
- New York City
Australian market indexes closed at six-year highs on the strength in banks. Precious metal miners declined after spot gold price dropped 2% to a three-month low. Qantas plans to eliminate 450 call centre jobs in Australia.