- Marcus Jacob
- 05 Nov, 2013
- New York City
Australian market indexes retained early advance in the day after Reserve Bank left its reference rate on hold at 2.5%. The dollar slid after RBA Governor Stevens comments the dollar was uncomfortably high.
- Mukesh Buch
- 05 Nov, 2013
- New York City
Becton, Dickinson net plummeted 69%. Cognizant net climbed 15% and revenues rose 7%. Hertz Global net jumped 12%. J&J agreed to pay $2.2 billion to settle drug marketing violations. Rock-Tenn profit soared more than double. Tidewater net surged 31%.
- Mukesh Buch
- 05 Nov, 2013
- New York City
3i Infotech net swung to a loss after sales plunged 18%. Ashok Leyland October unit sales declined 15%. Punj Lloyd net loss widened but revenue jumped 13%. Procter & Gamble profit surged 21% as sales soared 32%. Wyeth net dropped 39% but sales climbed 10%.
- Nigel Thomas
- 05 Nov, 2013
- New York City
BMW net increased 3% to
- Mukesh Buch
- 04 Nov, 2013
- New York City
CME Group net jumped 16%. CST Brands net surged 71%. Icahn Enterprises profit surged to $472 million but revenue dropped 7%. Kellogg net rose 3% on flat revenues. Spectra Energy net climbed 43%.
- Nigel Thomas
- 04 Nov, 2013
- New York City
Alcatel Lucent net loss narrowed as sales rose. AMEC agreed to acquire US-based Automated Engineering for $28 million. Ryanair profit rose 1% to
- Marcus Jacob
- 04 Nov, 2013
- New York City
Australian markets traded lower and investors took a cautious view ahead of rate decision tomorrow. Westpac reported record annual profit and issued a special dividend of $310 million or 10 cents a share. Coca Cola Amatil estimated annual net to decline between 5% and 7%.
- Mukesh Buch
- 01 Nov, 2013
- New York City
AIG revenue declined 11% but net surged 17%. Chrysler sales soared 11%. Ford reported record October sales since 2004 and GM October sales jumped 16%. Church & Dwight net climbed 15%. NV Energy net dropped 16%.
- Nigel Thomas
- 01 Nov, 2013
- New York City
Direct Line revenue dropped 5% but profit surged 55%. Meggitt said revenues in the third quarter rose 2%. Royal Bank of Scotland revenue slid 1% and net loss narrowed and aims to run down between 55% and 70% of the bad assets over the next two years.
- Nichole Harper
- 01 Nov, 2013
- New York City
U.S. stocks opened higher and market indexes in Europe trended lower. Fannie Mae sued nine banks seeking $800 million. OfficeMax and Office Depot won a regulatory approval for their $1.2 billion merger.
- Hiruki Nakamura
- 01 Nov, 2013
- New York City
Stocks in Japan extended losses for the second day as investors digested latest batch of earnings reports. For the October month, the Nikkei declined 1.9% as investors weigh the impact of sales tax increase. Sony lowered its outlook. Nissan lifted revenues and earnings estimates.
- Marcus Jacob
- 01 Nov, 2013
- New York City
Australian market index closed lower as domestic manufacturing activity expanded at a 3-year high rate. Australian wholesale prices rose 1.3% in October largely on import price increase. Two separate surveys in China showed an expansion in manufacturing.
- Mukesh Buch
- 01 Nov, 2013
- New York City
Berger Paints net climbed 17% and sales jumped 19%. Glenmark profit fell 2%. IDFC profit rose 2%. Kalpataru Power climbed 17%. Mahindra & Mahindra sales soared 29%. Maruti Suzuki October sales increased 2%.
- Nichole Harper
- 31 Oct, 2013
- New York City
U.S. stocks rebounded from the lows in the first hour in trading and the pound jumped 1% against the euro after the inflation rate declined to 0.7% annual rate. U.S. weekly jobless claims declined as government employees return to work.
- Mukesh Buch
- 31 Oct, 2013
- New York City
Cigna net surged 19% after sales jumped 10%. ConocoPhillips net soared 39%. Facebook said quarterly net swung to a loss. Expedia net slid. MasterCard profit climbed 14%. Starbucks net surged 34%. Time Warner net plunged 34%. Visa net plunged 28%.