- Nigel Thomas
- 31 Oct, 2013
- New York City
AstraZeneca profit for the quarter dropped 35%. BT Group profit declined 13% to
- Hiruki Nakamura
- 31 Oct, 2013
- New York City
Nikkei Stock Average in Tokyo declined 1.2% and the yen advanced. Panasonic Corp lifted its annual profit outlook on weaker yen. Kurita Water Industries said net in the first-half declined 16%. Mitsubishi Estate net jumped 75%. Sony Financial first-half net increased 11%.
- Marcus Jacob
- 31 Oct, 2013
- New York City
Australian stocks struggled to advance and for October market indexes jumped 4%. National Australia Bank reported record profit and increased its dividend. For the month, Sundance Resource soared 44% and Perseus Mining and Whitehaven Coal dropped 20%.
- Mukesh Buch
- 31 Oct, 2013
- New York City
Adani Enterprises net swung to a loss. Bank of India net surged 106% and Bank of Baroda net dropped 10%. Cadila Healthcare net soared 94%. Dr. Reddy
- Nigel Thomas
- 30 Oct, 2013
- New York City
Fed continued its program of monthly purchase of $85 billion of Treasury securities and mortgage-backed securities and left its low interest rate policy intact.
- Nichole Harper
- 30 Oct, 2013
- New York City
U.S. stocks wavered ahead of Fed policy statement and focused on earnings. Comcast third quarter revenues declined 2.4%. General Motors quarterly revenues rose 4%. Western Union reported a fall in earnings. LinkedIn sales failed to meet expectations set by analysts.
- Mukesh Buch
- 30 Oct, 2013
- New York City
American Tower net plummeted 22%. Comcast net plunged 18%. Hess net and revenue tumbled. GM net plunged 41% but sales grew 4%. LinkedIn net swung to a loss. Pricewaterhouse agreed to acquire Booz & Co. Southern Co net jumped 13%.
- Hiruki Nakamura
- 30 Oct, 2013
- New York City
Stocks in Tokyo advanced and Nikkei index added 1.2% and the yen weakened. Honda Motor said quarterly net soared 46% to $1.2 billion and retained its full-year outlook. Japan Tobacco plans to close four factories and cut 1,600 staff.
- Marcus Jacob
- 30 Oct, 2013
- New York City
Australian stocks in a choppy trading closed higher and the dollar edged lower. Leighton said it will defend a class action law suit that is linked to its outlook revision from profit to loss in late 2010 and early 2011. Fortescue plans to refinance its huge debt load of $12 billion.
- Nigel Thomas
- 30 Oct, 2013
- New York City
Eni profit surged 62% but revenue declined 7%. Fiat net plunged 7% and lowered fiscal outlook. Chrysler quarterly loss narrowed. Next brand sales in the quarter climbed 4%. Standard Life declined after net inflows plunged 54%. Volkswagen profit tumbled 84% to
- Mukesh Buch
- 30 Oct, 2013
- New York City
Alstom India net plummeted 49% as revenue dropped. GAIL reduced its stake in China Gas. Grasim net tumbled 27%. Havells India net surged 45%. JSPL net plunged 50%. Pidilite profit jumped 24%. Tata Communications surged after net swung to profit.
- Mukesh Buch
- 29 Oct, 2013
- New York City
Aetna net grew 4% after sales surged 46%. Air Products net slid 1%. Apple net dropped 9% but revenue jumped 4%. Cummins plunged after net edged up. Johnson Controls net swung to profit. Pfizer jumped 19% and Thomson Reuters net plunged 38%.
- Nigel Thomas
- 29 Oct, 2013
- New York City
BP profit tumbled 33% but revenue jumped 5%. John Wood won a two-year contract from Royal Dutch Shell. Lloyds Banking net loss widened to
- Nichole Harper
- 29 Oct, 2013
- New York City
U.S. indexes wavered after total retail sales declined on weak auto sales. Metropolitan home price index rose across all 20 large cities and prices in Las Vegas jumped the most in several years. San Francisco home price increase continued as tech sector employment rises.
- Hiruki Nakamura
- 29 Oct, 2013
- New York City
Japanese regulators step up investigation of large banks to scrutinize lending practices and financial controls in place to prevent lending to criminal group. Regulators forced our chairman of Mizuho Bank and penalized 52 current and past executives. Nomura reported sharp jump in profit.