- Nigel Thomas
- 20 Aug, 2013
- New York City
BHP net declined 30% to $10.88 billion. Glencore reported loss of $8.92 billion and wrote down $7.66 billion assets linked to Xstrata takeover. John Wood net soared 32% and Lindt net soared 40% to 48.8 million francs. Straumann net jumped 21%.
- Nichole Harper
- 19 Aug, 2013
- New York City
U.S. indexes traded sideways in light trading and yields on U.S. Treasuries increased. Investors continued to pull money from emerging markets and added new capital to U.S. focused equity funds. European markets declined and rupee in India fell to a new low.
- Hiruki Nakamura
- 19 Aug, 2013
- New York City
Stocks in Tokyo traded sideways as investors looked ahead for more policy initiatives in the next few weeks. The yen traded volatile. The Nikkei index rebounded after 2-day losses. Airport Facilities soared on hopes government may establish a zone to promote smaller companies.
- Mukesh Buch
- 19 Aug, 2013
- New York City
McGraw Hill increased its stake India
- Marcus Jacob
- 19 Aug, 2013
- New York City
Australian investors digested a flood of earnings and trading volume perked up near the high of the year. Australian new car sales declined 3.5%. Z Energy Limited and Birch and Prestige Investment Group debuted on the ASX. Aurizon, freight railroad operator said annual net increased 1%.
- Mukesh Buch
- 19 Aug, 2013
- New York City
Asahi Glass net loss widened and DEN Networks net swung to loss but sales surged 24%. Essar Steel plan to raise $2 billion. Indiabulls buyback its stake from a private equity firm. Tecpro net swung to loss as sales declined. Varun Shipping net tumbled 99%.
- Nigel Thomas
- 19 Aug, 2013
- New York City
Atlas Copco agreed to acquire Edwards Group for
- Nichole Harper
- 16 Aug, 2013
- New York City
U.S. market indexes traded sideways and housing starts rose more than expected on a 25% surge in volatile apartment construction. Consumer confidence index declined unexpectedly. SEC approved the ICE
- Hiruki Nakamura
- 16 Aug, 2013
- New York City
Stocks in Tokyo closed lower trimmed the weekly gain. Trading on exchanges declined near the low of the year and the yen was stable. Investors sold across Asia and adjusted to a growing possibility of earlier than expected stimulus tapering in the U.S.
- Marcus Jacob
- 16 Aug, 2013
- New York City
Australian markets extended losses and indexes fell 1.2% in the week. ANZ Banking Group said cash profit rose 7% to $4.8 billion but said net interest margins are narrowing. Santos Limited said net first-half net increased 3%. APN News Media rebounded to profit.
- Mukesh Buch
- 16 Aug, 2013
- New York City
Aspen Tech net swung to profit after revenue jumped. Applied Materials net tumbled 23% as sales plunged 15%. Dell net plummeted 72% and revenue flat. Nordstrom net soared 18% and sales climbed 4.4%.
- Mukesh Buch
- 16 Aug, 2013
- New York City
Gujarat Fluoro net and sales tumbled. Jain Irrigation loss widened. Kingfisher net loss widened and accumulated to Rs 17,180.37 crore. Nalco profit plunged 28.4% as revenue declined. Renuka Sugars net swung to loss. Whirlpool net and sales dropped.
- Nigel Thomas
- 16 Aug, 2013
- New York City
ASDA said second quarter comparable sales rose 0.7%. Maersk profit for the year declined 13% to 4.89 billion kroner as revenue dropped 9% and estimated global demand for ocean freight to rise 2% to 3%. Telekom Austria plan to sell new equity worth
- Nichole Harper
- 15 Aug, 2013
- New York City
U.S. market indexes declined after Cisco and Wal-Mart earnings some investors. Weekly jobless claims dropped to the lowest since October 2007 and consumer price index in July increased at a modest pace of 0.2%.
- Hiruki Nakamura
- 15 Aug, 2013
- New York City
Volatile market indexes plunged in Tokyo in thin trading after finance minister Aso confirmed that corporate tax rate is not likely to be overhauled. The yen strengthened and trading volume on stock exchanges dropped near the yearly low. Gree soared after quarterly results.