- Nigel Thomas
- 12 Nov, 2013
- New York City
Vodafone Group swings to a net profit and increase its capital expenditure plan as the telecom carrier deepens its roots in emerging markets. Vodafone plans to spend additional
- Hiruki Nakamura
- 12 Nov, 2013
- New York City
The weakness in yen drove market indexes higher for the second day in a row. The yen approached to 100 mark. Dentsu Corp lifted its annual net outlook by 73%. Sony estimated PlayStation 4 game console unit sale in the year to reach 4 million.
- Marcus Jacob
- 12 Nov, 2013
- New York City
Australian stocks lost early gains on a weakness in bank stocks. Business confidence index declined in October. Seven Group announced additional job cuts. News Corp swung to a quarterly profit.
- Mukesh Buch
- 12 Nov, 2013
- New York City
Apollo Tyres net surged 45% but revenue fell 8%. Britannia profit soared 66% after sales jumped 13%.Godrej net climbed 15%. Hindalco net fell 0.6%. NHPC net declined 10%. National Aluminium profit surged. Shalimar Paints net soared 48%.
- Nichole Harper
- 11 Nov, 2013
- New York City
U.S. stocks rest after indexes advanced for five weeks in a row and the S&P 500 index has gained the best annual return since 2003. Nasdaq Composite index is up nearly 30%. Retailers were in focus ahead of earnings release this week. KKR in a $1.6 billion deal. Transocean to hike dividend.
- Mukesh Buch
- 11 Nov, 2013
- New York City
Arkansas Best surged after quarterly net doubled. Asos said net loss in the third-quarter narrowed. ImmunoGen signed agreement with Novartis. Silver Wheaton net plunged 36%. Shire agreed to buy ViroPharma Inc. for about $4.2 billion.
- Hiruki Nakamura
- 11 Nov, 2013
- New York City
Nikkei in Tokyo surged 1.3% following a 1% decline in yen. Yokogawa Electric Corp added 6% after the chipmaker lifted its income outlook. Marubeni Corp lowered its earnings outlook. Citizens Holdings soared 7% after the watchmaker lifted annual income estimate.
- Nigel Thomas
- 11 Nov, 2013
- New York City
Admiral said revenue dropped 7%. BT Group secured telecast rights in
- Marcus Jacob
- 11 Nov, 2013
- New York City
Australian stocks closed lower and banks led the most active list in thin trading. Orica Limited soared 11% after it reported annual net income surged 49%. Elders Limited plunged 15% after it estimated a loss.
- Mukesh Buch
- 11 Nov, 2013
- New York City
CBI net swung to a loss but revenues jumped 10%. Divi
- Mukesh Buch
- 08 Nov, 2013
- New York City
Apache third-quarter net surged 86% but revenues fell 4%. ArcelorMittal net loss narrowed. Nvidia net plunged 43%. Priceline.com net climbed 40% on 41% surge in sales. Telus net jumped 10%. Walt Disney profit soared 12%. Westar Energy net fell 4%.
- Nigel Thomas
- 08 Nov, 2013
- New York City
Allianz net jumped 5% to
- Nichole Harper
- 08 Nov, 2013
- New York City
Stocks on Wall Street opened higher after private sector added more than expected net new jobs in October. However, most of the job additions are at low wages as retailers
- Hiruki Nakamura
- 08 Nov, 2013
- New York City
Investors in Japan reacted to international news and a sharp fall in Asian markets. Nikkei declined 1% after the latest U.S. growth data increased earlier than expected Fed tapering possibilities.
- Marcus Jacob
- 08 Nov, 2013
- New York City
Australian central bank lowered its economic growth assessment and may step up fight to weaken the dollar. The dollar gained 0.1% after China reported 5.6% increase in exports and 7.6% rise in imports.