- Mukesh Buch
- 15 Jan, 2014
- New York City
AEP net plunged 54%. Bank of America net surged to $3.44 billion as mortgage losses ease. Fastenal net rose 0.5% and net sales climbed 8%. GM plans to open four plants in China through 2015. Linear Technology net surged 18%.
- Nigel Thomas
- 15 Jan, 2014
- New York City
Burberry said retail revenue surged 14% to
- Marcus Jacob
- 15 Jan, 2014
- New York City
Australian stocks rebounded but trading volume was weak. Loan approvals in November increased 5.5% in Australia and care sales advanced 1.7% in December. Fortescue Metals said it plans to repay its $1.6 billion short term debt ahead of schedule before March.
- Mukesh Buch
- 15 Jan, 2014
- New York City
Bajaj Finance net surged 21% and revenue soared 31%. Bajaj Finserv net climbed 13%. Coal India declared special yearly dividend. McNally secured order for structural work. RIL plans to acquire stake of 11% in Petronas. Yes Bank net surged 21%.
- Nichole Harper
- 14 Jan, 2014
- New York City
Stocks on Wall Street advanced after December retail sales were ahead of expectations and import price index was flat. JPMorgan earnings declined 7% on 2% fall in revenues. Wells Fargo reported 10% increase in earnings.
- Hiruki Nakamura
- 14 Jan, 2014
- New York City
Nikkei index in Tokyo plunged 3.1% and the yen continued its slide after a 3-day market closure. Seasonally adjusted current account balance turned negative for the third month in a row in November. Investors extended purchase of dollar bonds for the fifth month in a row.
- Mukesh Buch
- 14 Jan, 2014
- New York City
Commerce Bancshares fell 1%. JPMorgan net dropped 7% and revenue slid 2%. GameStop said global sales climbed 9%. Shaw Communications net rose 4%. Time Warner rejected $62.35 billion from Charter Communications. Wells Fargo net climbed 10%.
- Marcus Jacob
- 14 Jan, 2014
- New York City
Australian market indexes came under pressure after investors worried about stretched valuations and rising uncertainties linked to commodities exports. Merger activities in Australia jumped 67% in 2013.
- Nigel Thomas
- 14 Jan, 2014
- New York City
Ashmore tumbled 13% after assets under management declined to $75.3 billion. ASOS plunged 7% despite sales increased 38% to
- Mukesh Buch
- 14 Jan, 2014
- New York City
CMC plunged as net jumped 5% but revenue was flat. Jay Bharat Maruti net surged 64%. NIIT Technologies net dropped 5% and revenue climbed 14%. VA Tech Wabag won Rs 250 crore order from Bangalore.
- Mukesh Buch
- 13 Jan, 2014
- New York City
Alnylam surged 65% after Sanofi offered to take 12% stake. Beam agreed to be acquired by Japan-based Suntory for $16 billion. Lululemon shares tumbled 16% on weaker than expected fourth-quarter outlook. Wendy''s lifted same store sales outlook.
- Nigel Thomas
- 13 Jan, 2014
- New York City
Alcatel Lucent plans to sell-off its enterprise business. Amec agreed to buy Foster Wheeler AG for $3.2 billion. Continental expects sales to grow 5%. Suedzucker net declined 6% to
- Mukesh Buch
- 13 Jan, 2014
- New York City
Dishman Pharma plans to sell its China plant. Exide net declined 26% and revenue plunged 11%.GMR Infra expects revenue to grow modestly. GVK Power plans to sell stake in its airport business. NMDC said third-quarter production and sales rose. Tata Steel sales jumped 9%.
- Marcus Jacob
- 13 Jan, 2014
- New York City
Australian market indexes dropped in weak trading volume and miners closed lower. Home loan approvals in November increased 1.1% to 52,912. Telstra sold its Sensis directories business at a significantly lower than expected price. Saputo extended its offer one more time.
- Nichole Harper
- 10 Jan, 2014
- New York City
U.S. stocks traded sideways and employers at all levels added fewer than expected 74,000 jobs in December. Average monthly payroll increase of 182,000 matched previous two years. Jobless rate declined to 6.7%. Sears Holdings plunges after dismal holiday performance.