- Marcus Jacob
- 22 Jul, 2013
- New York City
Australian indexes closed at a 2-month high on the back of a rally in resource stocks. Precious metal prices gained and Australian dollar edged slightly higher. Origin Energy agreed to acquire 50% participating interest in a drilling project owned by MEO Australia.
- Mukesh Buch
- 22 Jul, 2013
- New York City
Asian Paints net rose 3% and Blue Star net climbed 11%. Bajaj Holdings net soared 27% as other income jumped 93%. Crisil first quarter net climbed 39%. JK Paper net tumbled 90%. L&T profit declined 13%. RIL net soared 18.9% and revenue declined 4.6%.
- Nichole Harper
- 19 Jul, 2013
- New York City
Earnings were in focus on Wall Street. General Electric traded at a 5-year high after earnings were ahead of expectations. Microsoft plunged after it missed revenues and earnings expectations. Intuitive Surgical plummeted 12% after company lowered outlook.
- Hiruki Nakamura
- 19 Jul, 2013
- New York City
Japan is scheduled for upper house election on Sunday and the ruling coalition is expected to win a super majority to end the divided parliament. Resource sector stocks and exporters traded volatile.
- Mukesh Buch
- 19 Jul, 2013
- New York City
BB&T net advanced 7%. General Electric revenue fell and net income was flat at $3.1 billion. Johnson Controls net surged 32% and provides outlook. Microsoft net swung to profit as revenues jumped 10%. Schlumberger profit jumped 16% and Whirlpool net soared 75%.
- Nigel Thomas
- 19 Jul, 2013
- New York City
Electrolux net in the quarter declined 8% as sales slid. John Lewis gross sales plunged 9%. Vopak lowered its fiscal year earnings outlook. UK government plans to sell
- Marcus Jacob
- 19 Jul, 2013
- New York City
Australian stocks traded lower after commodities prices eased and investors took profits. Orica Limited, the maker of explosive systems declined on weak earnings outlook. Santos Limited lowered its annual energy output.
- Mukesh Buch
- 19 Jul, 2013
- New York City
Bajaj Auto net rose only 2.7% and sales declined 2%. Hexaware profit surged 23% as revenue jumped 6%. HDFC net soared 17% to Rs 1,173 crore. Mastek profit plunged and revenue slid. Tata Consultancy Services net climbed 6%.]
- Nichole Harper
- 18 Jul, 2013
- New York City
U.S. stocks gained after a flood of better than expected earnings and initial jobless claims declined to the lowest in ten weeks. Verizon, Intel, IBM, Morgan Stanley, U.S. Bancorp and eBay were among leading companies to release earnings today.
- Mukesh Buch
- 18 Jul, 2013
- New York City
BlackRock second quarter revenue and net soared. eBay revenue climbed but net slumped. Intel revenue fell 5% and net plunged 29%. IBM profit declined 17%. Morgan Stanley net surged 42% and Verizon net climbed 21%.
- Nigel Thomas
- 18 Jul, 2013
- New York City
Dart annual profit jumped 37%. Ericsson sales flat but quarterly soared 26%. Hitachi secured contract worth
- Nigel Thomas
- 18 Jul, 2013
- New York City
European indexes closed higher and commodities prices gained in international trading. Euro zone current account surplus declined in May. Spanish bank bad loan ratio approached to a record high in November. Akzo Nobel, the largest paint maker fell after 4% decline in quarterly revenues.
- Hiruki Nakamura
- 18 Jul, 2013
- New York City
Stocks in Tokyo gained for the fourth day in a row and the yen weakened as investors looked ahead to weekend election results. Toshiba plans to expand its flash memory production. SoftBank trades higher to become the third most valued company in Tokyo.
- Marcus Jacob
- 18 Jul, 2013
- New York City
Australian stocks failed to build on the early enthusiasm in the session and pulled back from the peak of the day. Australian business conditions and confidence index declined in the June quarter. Newcrest Mining declined 4.5%.
- Mukesh Buch
- 18 Jul, 2013
- New York City
Axis Bank net jumped 22% and Bajaj Finance net and revenue soared. Essar Ports first quarter profit surged 48%. IDBI Bank net declined 28% and Kotak Mahindra Bank profit climbed nearly 40%.