- Nigel Thomas
- 24 Oct, 2013
- New York City
Credit Suisse profit surged 79%. Celesio soared after takeover offer of
- Nichole Harper
- 24 Oct, 2013
- New York City
U.S. stocks advanced after a string of positive earnings from large companies. The dollar fell to a 23-month low against the euro. Weekly jobless claims fell. Trade deficit in August eased 0.4% on flat exports and imports but imports from China hit a new record.
- Hiruki Nakamura
- 24 Oct, 2013
- New York City
Market indexes in Tokyo advanced and the yen edged up a fraction. Canon Inc declined after it lowered annual earnings outlook and sales in the camera division are likely to fall more than expected. Nissan Motor issued a worldwide recall of sports utility vehicles.
- Marcus Jacob
- 24 Oct, 2013
- New York City
Advances in banks in Australian trading lifted indexes. Investors have been rotating out of mining sector into banks ahead of earnings next week. Wesfarmers was in focus after Coles supermarket chains said September quarter sales increased 4%.
- Mukesh Buch
- 24 Oct, 2013
- New York City
Ambuja Cements net and sales declined. Emami net soared 35% and sales jumped 14%. IHFL advanced after profit and revenue surged. IPCA net rose. Jet Airways net loss widened as passenger yields declined 11%. Kotak Mahindra profit climbed. Raymond net jumped.
- Mukesh Buch
- 23 Oct, 2013
- New York City
Bristol-Myers net swung to profit after revenue climbed. Boeing net soared 12% as revenue jumped 11%. Caterpillar net plummeted 44% after revenue tumbled 18%. Eli Lilly net dropped 9% but revenue jumped 6%. WellPoint fell 5% but sales surged 17%.
- Nichole Harper
- 23 Oct, 2013
- New York City
Stocks on Wall Street took a breather after market indexes flirted with four-year highs. In the last thirteen years, U.S. market indexes have advanced more than 20% only two times. S&P 500 index in the year so far has jumped 22% following 14% rise in 2012.
- Hiruki Nakamura
- 23 Oct, 2013
- New York City
Market indexes in Tokyo plunged 2% as the yen gained 0.8% against the dollar. Rising bad loan worries in China also dragged market sentiment in Tokyo and Asian trading. Nidec Corp first-half sales rose 22%. Japan Exchange first-half revenues rose 67%.
- Nigel Thomas
- 23 Oct, 2013
- New York City
GlaxoSmithKline profit plunged 12% to
- Marcus Jacob
- 23 Oct, 2013
- New York City
Australian markets traded lower after the yen strengthened and market indexes in Japan, China and India declined. Super Retail Group plans to accelerate new store opening next year. Treasury Wine Estates reaffirmed its annual outlook. Ruralco issued cautious profit views.
- Mukesh Buch
- 23 Oct, 2013
- New York City
ACC net plunged 51% and Cairn India net soared 46%. Gujarat Pipavav profit surged above four-fold and Hero MotoCorp climbed 9%. Hindustan Zinc net rose 7% after sales surged 25%. Eros profit surged but revenue slid. L&T Finance net jumped and Wipro net climbed 19%.
- Mukesh Buch
- 22 Oct, 2013
- New York City
Coach net slid 2% and sales fell 1%. du Pont net surged and EMC net dropped 6%. Harley-Davidson net surged 21% and Kimberly-Clark profit jumped 6%. Lockheed Martin net climbed 20%. McGraw Hill tumbled 31% but lifted annual outlook. Whirlpool net surged 165%.
- Mukesh Buch
- 22 Oct, 2013
- New York City
Employers at all levels added net new 148,000 jobs in September, according to a report released by the Department of Labor today. The report was delayed by two and a half week by the government shut down that began October 1.
- Nichole Harper
- 22 Oct, 2013
- New York City
Stocks on Wall Street extended gains and are likely to surpass the advances in 2009 and 2003. Employers added net new 148,000 jobs in September and unemployment rate declined to 7.2%. Construction spending increased in August despite a fall in federal spending.
- Hiruki Nakamura
- 22 Oct, 2013
- New York City
Stocks in Tokyo rose for the second day and the yen weakened against the dollar. Nisshin Fudosan Co soared 13% after the developer lifted its profit outlook. More than 600 companies are expected to release earnings in the next ten days.