- Marcus Jacob
- 29 Jul, 2013
- New York City
Australian indexes closed higher in thin trading and more mining companies warned of tougher times ahead. Newcrest Mining credit rating was cut. OZ Minerals announced a one-time charge. Rio Tinto agreed to sell a stake in a copper mine to a China based company.
- Mukesh Buch
- 29 Jul, 2013
- New York City
Colgate India unit net soared. J.K. Cement profit and sales declined. Jaiprakash Associates net and sales surged. UltraTech Cement net fell 13% and sales dropped 2%. Wipro guided a slight increase in current quarter sales.
- Bikram Pandey
- 26 Jul, 2013
- New York City
Samsung Electronics Co said it will invest $18 billion in its memory chip and display businesses in the current fiscal year. Net income, excluding minority interest, increased 50% to 7.58 trillion won.
- Nichole Harper
- 26 Jul, 2013
- New York City
U.S. indexes drifted lower on weaker than expected earnings and a weakness in auto sector dragged market sentiment in Europe. SAC Capital pleaded not guilty to criminal charges and Halliburton agreed to pay maximum statutory fine and also made a voluntary contribution of $55 million.
- Mukesh Buch
- 26 Jul, 2013
- New York City
Amazon.com net swung to loss but revenue and operating expenses climbed. BorgWarner and Helmerich & Payne net surged. Lear and NV Energy profit declined. Stanley Black net jumped 21% and Ventas net soared 55%.
- Nigel Thomas
- 26 Jul, 2013
- New York City
Aon net slid 2%. BSkyB profit for the year climbed. BG Group net surged but Belgacom net slipped. Deutsche Boerse profit declined and LVMH net dropped. Pearson net swung to loss. Vivendi to divest its stake in Activision for
- Hiruki Nakamura
- 26 Jul, 2013
- New York City
Market indexes in Tokyo plunged 2.9% and the yen rebounded. Investors booked profit ahead of corporate earnings. For the week, the Nikkei index declined 3.2%. Nomura Holdings said quarterly profit surged.
- Mukesh Buch
- 26 Jul, 2013
- New York City
Bank of India net climbed as revenue jumped. Bharat Electronics net declined but revenue grew. Dish TV net loss narrowed. HUL net tumbled but revenue increased. PNB non-performing assets surged. Sterlite net plunged.
- Marcus Jacob
- 26 Jul, 2013
- New York City
Australian market indexes gained 1.4% for the week and the dollar firmed up near the recent lows. Liquefied Natural Gas Limited soared 33% after it finalized financing for its plant in the U.S. SkyCity Entertainment plans to invest $300 million in a casino project.
- Nichole Harper
- 25 Jul, 2013
- New York City
Market indexes on Wall Street drifted and earnings from FaceBook, General Motors, Qualcomm, Visa and Boston Scientific dominated the news. European markets declined from a two-month high on weaker than expected earnings. Nikkei declined 1.1% and indexes in China fell.
- Hiruki Nakamura
- 25 Jul, 2013
- New York City
Stocks in Tokyo edged lower in volatile trading and the yen weakened a little but investors keenly awaited earnings from large export companies like Nissan, Toyota, Sony and Canon. After the close Canon reported weaker than expected results and Nissan earnings were ahead of expectations.
- Mukesh Buch
- 25 Jul, 2013
- New York City
3M net jumped 13% and American Electric net plunged 24%. Biogen net soared as revenue jumped. Boston Scientific and Facebook net swung to profit. Colgate net declined but sales rose. General Motors and L-3 Communications profit declined.
- Nigel Thomas
- 25 Jul, 2013
- New York City
Axel Springer sold newspaper and magazine business for
- Mukesh Buch
- 25 Jul, 2013
- New York City
Central Bank net tumbled as revenue declined. Cairn India profit dropped but revenues climbed. IOB net for the quarter declined but revenues jumped. Maruti Suzuki and MRF profit surged on higher sales. Novartis India net declined and Zee Entertainment net soared.
- Marcus Jacob
- 25 Jul, 2013
- New York City
Australian stocks barely budged after volatile trading and the dollar eased for the second day in a row. Real estate operating companies were in focus after two deals. McMillan Shakespeare Limited plunged 42% after the government proposed a tax rule change for car leasing.