- Mukesh Buch
- 07 May, 2014
- New York City
Duke Energy net swung to a loss $97 million but revenue soared 12%. Icahn Ent net swung to a loss. Mondelez Intl net tumbled 70%. Perrigo profit plunged 57%. Walt Disney profit surged 27%. Whole Foods plunged 20% after growth stalls.
- Nigel Thomas
- 07 May, 2014
- New York City
Commerzbank net swung to a profit
- Hiruki Nakamura
- 07 May, 2014
- New York City
Indexes in Tokyo plunged nearly 3% and the yen gained after a 4-day weekend in Japan. Automakers and electronics exporters declined. Softbank plunged 5% after quarterly results were weaker than expected and wireless carrier said it does not plan to sell its stake in Alibaba public offering.
- Mukesh Buch
- 07 May, 2014
- New York City
Allahabad Bank net jump 25%. Clariant Chemicals net plunged 39%. Hindustan Media Ventures climbed 20%. IRB Infra won contract for a road project in Haryana. Kajaria Ceramics profit and sales surged and agreed to acquire 51% stake in Taurus Tiles. Lupin net jumped 35%.
- Marcus Jacob
- 07 May, 2014
- New York City
Australian market indexes closed down 0.8% and Aussie dollar gained in light trading. Westpac Banking plans to raise $750 million. ASX third-quarter net increased 10%. Amcor to acquire Indonesia based packaging company for $27 million.
- Mukesh Buch
- 06 May, 2014
- New York City
Arrow Electronics net climbed 38%. DIRECTV net plunged 75%. Dex Media surged but net loss widened. Discovery net slid. Merck agreed to sell its consumer care business to Bayer for $14.2 billion. NVIDIA profit surged 75%.
- Nichole Harper
- 06 May, 2014
- New York City
Stocks on Wall Street declined and trade deficit and latest earnings also affected market sentiment. U.S. trade deficit in March dropped 3.6% and exports rose 2.1%. AIG reported first-quarter net declined.
- Nigel Thomas
- 06 May, 2014
- New York City
Bayer agreed to acquire consumer care business from Merck for $14.2 billion. BMW profit surged 11% to
- Marcus Jacob
- 06 May, 2014
- New York City
Australian index closed higher after a rollercoaster ride and Reserve Bank of Australian left its key lending rate at record low 2.5%. The rates have been held for nine months in a row. March trade surplus narrowed but iron ore exports rose.
- Mukesh Buch
- 06 May, 2014
- New York City
HDFC net climbed 16%. Nelco net loss narrowed. Pantaloons net loss widened after sales barely rose 2%. Punj Lloyd won Rs 1,270 crore expressway project in Yemen. Titan profit soared 12%. United Bank of India profit surged.
- Nigel Thomas
- 05 May, 2014
- New York City
Wacker Chemie profit surged
- Mukesh Buch
- 05 May, 2014
- New York City
AAON net surged 38% on 14% increase in revenues. BroadSoft plunged after net loss widened. Koppers profit plummeted 80%. Pfizer net plunged 15% and sales fell 9%. SYSCO net declined 10% but sales jumped 3%. Tyson Foods quarterly net soared.
- Nichole Harper
- 05 May, 2014
- New York City
U.S. stocks opened lower after tensions between Russia and Germany and U.S. escalated and China manufacturing index showed larger than expected contraction. Gold gained 1.2%. Target CEO Steinhafel resigned following data breach in December. Pfizer net dropped 15%.
- Marcus Jacob
- 05 May, 2014
- New York City
Australian stocks closed slightly higher in a quiet trading ahead of RBA meeting tomorrow. The central bank is expected keep record low interest rates as building approvals contracted 3.5% in March. Westpac Banking Corp reported quarterly net income increased 10%.
- Mukesh Buch
- 05 May, 2014
- New York City
ABB net jumped 20% but sales fell. Ajanta Pharma profit surged 159%. Ashok Leyland sales in April declined 21%. Grasim sales and profit jumped. RCom net tumbled 49% but R Capital profit rose. Tata Motors April sales dropped 34%.