- Nichole Harper
- 03 Dec, 2013
- New York City
U.S. market indexes trended lower and investors digested retail and auto sales reports. General Motors sales increased 14%, Ford sales rose 7.2% and Chrysler sales surged 16%. Online sales on Cyber Monday surged but weaker sales at brick-and-mortar stores worried investors.
- Hiruki Nakamura
- 03 Dec, 2013
- New York City
The yen powered rally lifted market indexes lifted market averages near a six-year high. The yen dropped to the lowest since May. Sekisui Chemical soared 8% on a report that the company developed a cheaper and better material for batteries used in electric vehicles.
- Mukesh Buch
- 03 Dec, 2013
- New York City
Ascena Retail net jumped 4% as e-commerce sales soared 27%. Auto sales in November surged and Chrysler sales climbed 16% and Ford sales jumped 7%. General Motors sales climbed 19%. Krispy Kreme net surged 36%.
- Nigel Thomas
- 03 Dec, 2013
- New York City
Betfair profit climbed 56% but revenue dropped. Sweett Group profit doubled and revenue declined 18%. ThyssenKrupp AG completed its
- Marcus Jacob
- 03 Dec, 2013
- New York City
Australian current account deficit widened in the third-quarter to September and dollar dipped after the Reserve Bank of Australia left its key rate at record low 2.5%. October retail sales rose more than expected at 0.5% to $22.8 billion.
- Nigel Thomas
- 02 Dec, 2013
- New York City
GDF Suez won a $500 million bid to build and operate thermal plants in Peru. L''Oreal launched its
- Mukesh Buch
- 03 Dec, 2013
- New York City
Alstom T&D secured an order worth Rs 79 crore. Ashok Leyland November sales declined 27%. Bajaj Auto sales dropped 17%. Hero MotoCorp total sales climbed 9%. L& T won new orders worth Rs 1,471 crore.
- Nichole Harper
- 02 Dec, 2013
- New York City
U.S. market indexes traded sideways and investors digested latest manufacturing reports from the U.S., euro zone, China and U.K. Current account deficit in India declined. U.S. retail sales declined in during four-day holiday period on higher discounts. Gold and silver eased.
- Hiruki Nakamura
- 02 Dec, 2013
- New York City
Stocks in Tokyo closed lower and the yen wobbled near 102-mark against the dollar. Increasingly investors are looking for the yen to drop to 110 against one dollar. Capital spending in the third-quarter increased 1.5%. Nippon Express is expected to buy logistic division from Panasonic.
- Marcus Jacob
- 02 Dec, 2013
- New York City
Australian stocks declined and the dollar edged higher. Australian building approvals declined 1.8% in October and eased from a record high. The seasonally adjusted value of the approvals surged 9.3% in the month, fifth monthly increase in a row. GrainCorp chief executive resigned.
- Mukesh Buch
- 02 Dec, 2013
- New York City
Amtek India net soared 87% and sales surged 49%. Financial Technologies net plunged 61%. Maruti said November auto sales dropped 11% as domestic sales slid 6% and export plunged 46%. M&M sales declined 18%. Tata Motors November sales plunged 39%.
- Hiruki Nakamura
- 29 Nov, 2013
- New York City
Consumer price index increased for the fourth month in a row in October and prices rose at the fastest pace in years. Industrial output increased at a slower than expected pace in October and unemployment rate was unchanged.
- Nigel Thomas
- 29 Nov, 2013
- New York City
Acal profit surged and revenue jumped 3%. Compass Group profit plunged 29% to
- Marcus Jacob
- 29 Nov, 2013
- New York City
Resource stocks led market indexes in Australia lower. Australian government rejected a takeover offer for GrainCorp and said foreign investment in the sector is not in its best interest. Credit growth in private sector increased 0.3% in October.
- Nigel Thomas
- 28 Nov, 2013
- New York City
Deutsche Bank is in talks with Permira Advisers to sell Tilney Investment. Kingfisher sales jumped 8%. Rio Tinto plan to invest $3 billion to increase production capacity. Thomas Cook said loss narrowed as EBIT soared 49%. Wolseley trading profit climbed 9%.