- Mukesh Buch
- 08 Nov, 2013
- New York City
Dredging Corp net declined 22%. Eicher net surged 63%. Maruti Suzuki October sales fell 6% but net surged 195%. PNB net plunged 53%. Sun TV profit jumped 11%. Tata Coffee net swung to a loss but Titan net rose 3.6%. Tech Mahindra net jumped 5%.
- Nichole Harper
- 07 Nov, 2013
- New York City
U.S. stocks and indexes drifted lower on stretched valuation worries. U.S. economic growth accelerated to 2.8% in the third quarter from 2.5% in the second quarter. Weekly jobless claims declined 9,000 at the end of last week. European Central Bank trimmed benchmark rate to 0.25%.
- Mukesh Buch
- 07 Nov, 2013
- New York City
AES Corp net swung to profit but revenue slid 8%. Calpine net plunged 30%. Rockwell net climbed 10%. Ralph Lauren net dropped 4%. Qualcomm net surged 31% after revenue soared 35%. Whole Foods Market net increased 7% as comparable store sales jumped 6%.
- Hiruki Nakamura
- 07 Nov, 2013
- New York City
Nikkei in Tokyo edged lower and the yen hovered near its recent lows as more than 300 companies are scheduled to release earnings before the end of the week. Casio Computer Co and Toray Industries Inc were among the few to report higher earnings on weaker yen.
- Nigel Thomas
- 07 Nov, 2013
- New York City
Credit Agricole group net swung to profit
- Marcus Jacob
- 07 Nov, 2013
- New York City
Australian indexes closed lower in heavy trading and the dollar declined as banks closed higher. Unemployment rate in October held at 5.7% as mining and resource sector avoid adding more staff. Grain Corp Limited defended the latest takeover from the U.S. based Archer Daniels Midland.
- Mukesh Buch
- 07 Nov, 2013
- New York City
Bajaj Electricals won contract worth Rs 757 crore. L&T secured new orders worth Rs 2,309 crore. Parsvnath Developers net declined 28% but Sobha Developers net jumped 13%. Thermax net plunged 67%. Triveni Turbine net declined 46%.
- Nichole Harper
- 06 Nov, 2013
- New York City
Stocks on Wall Street traded lower and investors focused on earnings in the U.S. and Europe. European Central Bank is expected to leave its reference rate unchanged and announce details for the bank stress test.
- Hiruki Nakamura
- 06 Nov, 2013
- New York City
Stocks in Japan closed higher and the yen remained weak. Toyota reported a surge in profit on weaker yen and lifted its North American unit sales outlook but held its global sales estimate. Quarterly net earnings jumped 70% to 438.4 billion yen or $4.4 billion.
- Mukesh Buch
- 06 Nov, 2013
- New York City
Chesapeake Energy net swung to profit as revenue soared 64%. Duke Energy net surged 69%. DIRECTV net climbed 24% after sales jumped 6%. Humana net dropped 14%. Time Warner profit surged 44% and Tesla Motors net loss narrowed.
- Marcus Jacob
- 06 Nov, 2013
- New York City
Australian trade deficit declined for the third month in a row and iron ore and other resources sector recorded a steady rise in price and volume. Exports to China barely increased but iron ore exports to fast growing nation advanced more than expected. Commonwealth Bank net soared.
- Nigel Thomas
- 06 Nov, 2013
- New York City
Alstom profit dropped 3%. Experian suspends $500 million share buy-back program and agreed to acquire the U.S. healthcare data firm for $850 million. Moneysupermarket.com revenue surged 25%. ING net tumbled 85% to
- Mukesh Buch
- 06 Nov, 2013
- New York City
ABB India net surged 78%. Bajaj Auto October declined 6% and profit jumped 13%. BHEL net plunged 64% and revenues dropped 11%. Clariant Chemicals net surged as sales soared 30%.Glaxo jumped 14% and Goodyear net soared 33%. SBT net plunged 59%.
- Nichole Harper
- 05 Nov, 2013
- New York City
U.S. indexes struggled as investors questioned stretched valuations and digested latest string of earnings. U.S. government is set to release economic growth estimate on Thursday. U.S. dollar advanced in six of the last seven sessions after euro zone growth outlook was lowered.
- Hiruki Nakamura
- 05 Nov, 2013
- New York City
Investors in Tokyo shifted focus to domestic earnings and economic issues and the yen gained a fraction. Nikkei advanced but the focus remained on the yen trading. Nissan plunged 10% after it lowered annual earnings outlook. Toyota is set to release its half-year results tomorrow.