- Marcus Jacob
- 05 Aug, 2013
- New York City
Australian stocks ended a 10-day rally in thin trading ahead of rate decision tomorrow. Retail sales were flat in June and service industry index dropped to a low. Virgin Australia estimated annual loss of $110 million.
- Mukesh Buch
- 05 Aug, 2013
- New York City
BHEL net declined 50% and Bajaj Auto net rose 3%. Coal India profit plunged 17%. Godrej net profit jumped 7% but Grasim net dropped 15%. Power Finance net climbed 23%. Tata Chemicals net profit plunged 30.1%.
- Nigel Thomas
- 02 Aug, 2013
- New York City
European markets eased the euro gained fractionally after the U.S. added less than expected jobs in July. Italian Prime Minister Berlusconi was convicted by the highest court for tax fraud. RBS swung to net profit in first-half.
- Bikram Pandey
- 02 Aug, 2013
- New York City
AIG announced quarterly dividend of 10 cents a share. Dell lifted its buyout offer. Chevron reported lower net. LinkedIn surged 10% after quarterly sales rose 59%. Viacom soared 6% after cable network operator expanded stock buyback program.
- Nichole Harper
- 02 Aug, 2013
- New York City
Stocks on Wall Street eased a day after record levels in widely followed indexes. U.S. employers added less than expected jobs in July and June gains were revised downward. Asian markets tracked New York gains and closed higher. European markets eased.
- Hiruki Nakamura
- 02 Aug, 2013
- New York City
Stocks in Japan surged and the Nikkei advanced 3.3% as real estate and financial companies led the advance. The yen declined 1.3% and after the close Toyota reported 14% rise in sales and net jumped nearly 90%.
- Marcus Jacob
- 02 Aug, 2013
- New York City
Australian indexes soared 1.1% tracking gains in international markets. Labor government revised fiscal year deficit to rise to $30 billion and economic growth to slow to 2.5% and unemployment to surge to 6.25%.
- Nigel Thomas
- 01 Aug, 2013
- New York City
European markets advanced after the European Central Bank and Bank of England left key rates unchanged. A private survey of manufacturing sector showed a slight growth. Royal Dutch Shell earnings fell unexpectedly. BMW issued cautious outlook. Sanofi estimated larger decline in earnings.
- Nichole Harper
- 01 Aug, 2013
- New York City
U.S. stocks jumped on the first day of August as financial, industrial and consumer sector stocks led the advance. Weekly jobless claims declined more than expected and manufacturing sector advanced. Construction spending weakened. European central banks left rates unchanged.
- Mukesh Buch
- 01 Aug, 2013
- New York City
Allergan sales rose 10% and net surged 22%. Allstate net grew 3%. CBS net climbed 11% as revenue jumped 12%. MetLife revenue surged but net declined. Procter & Gamble net plunged 48%. Time Warner Cable net jumped 6%.
- Nigel Thomas
- 01 Aug, 2013
- New York City
AstraZeneca revenue and profit declined. Aggreko profit-before-tax for the first-half slid 3% to
- Hiruki Nakamura
- 01 Aug, 2013
- New York City
Stocks in Tokyo soared after short sellers covered positions and earnings announcements picked up momentum. The official read on Chinese manufacturing showed slight expansion. Mitsubishi UFJ and Mizuho are the two latest banks reporting higher earnings. Sony sales rose on weaker.
- Marcus Jacob
- 01 Aug, 2013
- New York City
Australian indexes gained after home prices rose for the second month in a row in July. The dollar dropped to a 3-month low after consumer price index increased at a slower pace of 0.6% in the second quarter. Australian manufacturing industry showed a shrinkage in July.
- Mukesh Buch
- 01 Aug, 2013
- New York City
Adani Ports net surged 51%. Adani Power net loss widened. BOB profit grew 3%. Cummins net slid 8% and Castrol net climbed 27%. Glaxo net advanced 12.5%. M&M July sales dropped 21%. Maruti profit surged 49% as sales rose but export declined. Titan net jumped.
- Nichole Harper
- 31 Jul, 2013
- New York City
Stocks on Wall Street advanced after the first estimate for the second quarter economic growth showed an increase of 1.7%. A survey of private sector showed an increase in payrolls by 200,000. Comcast, Symantec and Garmin and MasterCard jumped after earnings reports.