- Hiruki Nakamura
- 04 Feb, 2014
- New York City
Nikkei index in Tokyo plunged after investors worried about stretched valuations and the yen gained as emerging market worries persisted. Toyota said January sales declined 7% and Honda sales fell 2.1%. The yen advanced to 101.
- Mukesh Buch
- 04 Feb, 2014
- New York City
Archer-Daniels net dropped 27% and sales fell 3%. BP net declined 29%. Becton Dickinson net plunged 57% but sales jumped 6%. CME net climbed 16%. Yum! Brands climbed despite 5% decline in profit.
- Nigel Thomas
- 04 Feb, 2014
- New York City
ARM Holdings net swung to a loss. BP net declined 29% and revenue slid 0.2%. NK Rosneft
- Marcus Jacob
- 04 Feb, 2014
- New York City
Australian indexes dropped 1.7% following Asia-wide decline and Aussie dollar firmed up after the Reserve Bank left reference rate unchanged and guided stable rate environment in the near future. Resource and banking stocks led the market decline.
- Mukesh Buch
- 04 Feb, 2014
- New York City
Bharat Forge net surged 98% and revenue climbed 24%. Divi''s Lab net jumped 52%. Hero Motocorp sales in January rose barely increased. Jaiprakash Power net loss widened. Tata Chemicals net swung to a loss. Whirlpool net climbed doubled on 9% revenue increased.
- Mukesh Buch
- 03 Feb, 2014
- New York City
Chrysler January sales jumped 8%. Ford sales declined 7% and GM sales fell 11.9% and blamed weather for weaker sales. Ingles Markets net declined 18%. Sysco net dropped 5%.
- Nigel Thomas
- 03 Feb, 2014
- New York City
Julius Baer profit tumbled 30% to 188 million francs but assets under management soared 34%. Ryanair said net in the quarter swung to a loss. Rexam plans to sell its pharmaceutical unit to Montagu for $805 million. Smith & Nephew agreed to buy ArthroCare for $1.7 billion in cash.
- Marcus Jacob
- 03 Feb, 2014
- New York City
Australian indexes eased at close in the absence of domestic economic news. The Aussie dollar trended lower and the stock trading turnover dropped near the low of the year. Country Road reported surge in sales and earnings. JB Hi-Fi revised higher annual outlook.
- Mukesh Buch
- 03 Feb, 2014
- New York City
Ashok Leyland sales in January plunged 26% and net swung to a loss. Bajaj sales declined 8%. Berger Paints net grew 7%. Grasim profit dropped 34%. IDBI Bank profit tumbled after non-performing loan ratio jumped. Lupin net surged. M&M sales fell 14%. TVS sales jumped.
- Nichole Harper
- 31 Jan, 2014
- New York City
U.S. and World markets accelerated the decline on the last day of January. For the year, S&P 500 index is down 3.4%, major markets in Europe declined 3% and indexes in Japan closed down 8.5%. Hong Kong index fell 5.5% and index in India dropped 3.1%.
- Hiruki Nakamura
- 31 Jan, 2014
- New York City
Nikkei index in Tokyo declined 0.6% on Friday, fell 3.1% in the week and plunged 8.5% in January. Industrial output in December increased 1.1%. Consumer prices in Japan increased 1.6% and core inflation rose 1.3% from a year ago.
- Mukesh Buch
- 31 Jan, 2014
- New York City
3M net surged 57%. Amazon net surged 146% and revenue soared 20%. Chevron declined after net tumbled 33%. Colgate net dropped 6%. Google profit climbed 16%. L-3 Communications net declined 8%. MasterCard net rose 3% and revenue jumped 12%.
- Marcus Jacob
- 31 Jan, 2014
- New York City
Australian stocks in January declined for the first time in four years as emerging markets struggle and China engineers a slowdown. David Jones rejected unsolicited merger offer from Myer Holdings.
- Nigel Thomas
- 31 Jan, 2014
- New York City
BT Group profit jumped 6% to
- Mukesh Buch
- 31 Jan, 2014
- New York City
Adani Entp net tumbled 84%. Hero Motocorp profit jumped 8% after sales climbed 11%. Motherson Sumi net surged 143% and sales soared 21%. NLC profit climbed 121%. PNB surged after non-performing loan ratio fell and profit declined. Union Bank net climbed 15%.