- Nigel Thomas
- 24 Apr, 2014
- New York City
Alstom surged on speculation that GE may make a $13 billion takeover offer. AstraZeneca net declined 11% to $1.5 billion. Heineken profit tumbled 37% to
- Marcus Jacob
- 24 Apr, 2014
- New York City
Australian stocks extended gains for the third day in a row in a short trading week. Transurban plans to raise $2.74 billion to finance its $6.6 billion Queensland Motorways. Atlas Iron Ore shipped record iron ore in the quarter to March.
- Mukesh Buch
- 23 Apr, 2014
- New York City
Boeing net declined 13%. Biogen net climbed 12% and revenue soared 51%. Dow Chemical net surged 75.3%. Delta Air Lines profit soared to $213 million. General Dynamics profit jumped 4% but sales fell 1%. Johnson Controls net soared 59%. Procter & Gamble net rose 2%.
- Arjun Dave
- 23 Apr, 2014
- New York City
For more than six decades people in India cast their votes but rarely managed to get much in return when it came to governance, development and access to basic utilities. Congress Party remains focused on villages and offers little to urban voters as inflation ravages purchasing power.
- Nigel Thomas
- 23 Apr, 2014
- New York City
ARM Holdings net climbed 20% to
- Nichole Harper
- 23 Apr, 2014
- New York City
U.S. stocks struggled and tech stocks traded down ahead of earnings from Apple, Qualcomm and Facebook after the close. Boeing reported higher adjusted earnings and lifted 2014 outlook. Proctor & Gamble reported flat quarterly sales. U.S. new home sales plunged 14.5% in March.
- Hiruki Nakamura
- 23 Apr, 2014
- New York City
Toyota reported a surge of 6% in global vehicle production to 2.58 million in the quarter to March. Honda global production in the quarter increased 12.4% to 0.4 million and at Nissan rose 10.4% to 0.49 million units. Seibu surged 10% on the first day of trading.
- Marcus Jacob
- 23 Apr, 2014
- New York City
Australian inflation in March increased from a year ago to 2.9% but trailed expectations. Market indexes closed higher 0.7% and a slight improvement in China
- Mukesh Buch
- 23 Apr, 2014
- New York City
Cairn India net climbed 18% to $491 million on 16% increase in revenues. Mastek profit plunged 38% after revenue slipped 5%. Rallis India net surged 71%. State Bank of Bikaner and Jaipur net climbed 33%. VST Industries profit surged 49%. Yes Bank net soared 19%.
- Nichole Harper
- 22 Apr, 2014
- New York City
U.S. market indexes advanced led by tech stocks. Existing home sales in March declined 0.2% to annual rate of 4.59 million and dropped to the lowest level since July 2012. Novartis announced deals worth $20 billion. Valeant Pharmaceuticals offered $46 billion for Allergan Inc.
- Mukesh Buch
- 22 Apr, 2014
- New York City
Bank of New York Mellon net swung to a profit. Comcast net surged 30% after revenue jumped 14%. Harley-Davidson net climbed 19%. Illinois Tool profit soared 34%. Lockheed Martin net jumped 23%. McDonald
- 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.