- Mukesh Buch
- 15 Apr, 2014
- New York City
Charles Schwab net surged 58%. Comerica profit rose 4%. Johnson & Johnson net climbed 35% and sales jumped 4%. Coca-Cola net dropped 8% and revenue declined 4%. Northern Trust net soared 11%.
- Nigel Thomas
- 15 Apr, 2014
- New York City
Debenhams profit declined 23% to
- Nichole Harper
- 15 Apr, 2014
- New York City
U.S. stocks struggled to advance as earnings season gain momentum. U.S. consumer prices reported by the government rose 0.2% in March. Zebra Technologies agreed to acquire enterprise division from Motorola Solutions for $3.45 billion in cash.
- Hiruki Nakamura
- 15 Apr, 2014
- New York City
Stocks in Tokyo halted a seven-day losing streak and financials led the gainers. The yen strengthened and the ocean freight shipping companies led the decliners after the measure of freight rate declined for the fourteenth day in a row.
- Marcus Jacob
- 15 Apr, 2014
- New York City
Australian market indexes advanced after Rio Tinto offered positive production outlook and latest minutes of RBA meeting offered no urgency to increase rates from the record low of 2.5%.
- Mukesh Buch
- 15 Apr, 2014
- New York City
CMC net soared 27% and revenue jumped 11%. Clariant Chemicals sold its 87 acres in Thane for Rs 1,154.25 crore. GRUH Finance profit climbed 17%. Infosys profit increased 4% but revenue fell and lifted its outlook. IStreet Network plans to raise Rs 100 crore.
- Mukesh Buch
- 14 Apr, 2014
- New York City
Citigroup net jumped 4% and revenue fell 2%. Goodrich Petroleum surged after commencing production from its Louisiana well. J.B. Hunt profit dropped 6% but revenue soared 9%. M&T Bank net plunged 16%. WebMD Health soared after lifted its first-quarter outlook.
- Nigel Thomas
- 14 Apr, 2014
- New York City
Glencore Xstrata sell its stake in the Las Bambas copper mine to China-based Minmetals for $5.85 billion in Peru. Kuehne & Nagel net climbed 12% but sales fell 1%. Marine Harvest said production increased. Symrise offered to buy Diana Group for in a
- Nichole Harper
- 14 Apr, 2014
- New York City
U.S. stocks advanced and retail sales rose more than expected in March, TIAA-CREF agreed to acquire Nuveen Investments for $6.25 billion. Euro zone industrial production edged up 0.2% in February. Tensions in Europe rose after violence in Ukraine intensified.
- Devan Biswas
- 14 Apr, 2014
- New York City
Financial services provider TIAA-CREF agreed to acquire Nuveen Investments for $6.25 billion, including debt.
- Hiruki Nakamura
- 14 Apr, 2014
- New York City
Nikkei index in Tokyo extended losses as markets across Asia declined. The yen gained and exporters and auto makers extended weekly losses. Aderans Co Ltd gained after the retailer reported earnings and sales soared.
- Marcus Jacob
- 14 Apr, 2014
- New York City
Australian and Asian markets declined after a weakness in tech stocks in the region. Westfield takes steps to split its domestic and international businesses. QBE Insurance Group is looking for ways to restructure its U.S. underwriting business.
- Nichole Harper
- 11 Apr, 2014
- New York City
Stocks on Wall Street struggled and the S&P 500 index extended the decline to 2.2% in the week. The index had rallied more than 8% in the month to April 2. JPMorgan net declined on weak fixed-income trading. Wells Fargo net topped estimates. Coldwater Creek plans liquidation.
- Mukesh Buch
- 11 Apr, 2014
- New York City
Fastenal net rose 3% but sales climbed 9%. JPMorgan net plunged 19%. Pier 1 profit tumbled 31% after sales declined 6.5%. Shaw Communications net soared 22%. Wells Fargo net climbed 14% and revenue declined 8%.
- Hiruki Nakamura
- 11 Apr, 2014
- New York City
Market indexes in Tokyo extended losses in the week and two widely followed indexes plunged around 7%. Toyota declined for the seventh day in a row. Fast Retailing extended plunge to 13% in the week on profit warning. SoftBank Corp, Komatsu Ltd and Aisin Seiki Corp led decliners.