- Nichole Harper
- 15 Jul, 2013
- New York City
U.S. stocks drifted lower after retail sales were lower than expected and China reported economic expansion of 7.5%. Industrial production in China increased 8.9%, slowest since 2009. Metal prices rose and energy prices traded higher.
- Marcus Jacob
- 15 Jul, 2013
- New York City
Australian stocks closed higher and auto sales in June rose to a record high and China met economic growth expectations laid out by the government. RHG Limited accepted a revised offer from Resimac. Precious and base metals prices rose.
- Nichole Harper
- 12 Jul, 2013
- New York City
Stocks in New York traded sideways after JPMorgan Chase reported higher than expected earnings and Wells Fargo earnings soared 19%. Consumer confidence index declined unexpectedly in July. Gold and oil advanced.
- Mukesh Buch
- 12 Jul, 2013
- New York City
Bank of the Ozarks second quarter net jumped 7% and Independent Bank net grew 4%. JPMorgan net soared and credit card sales climbed. United Parcel drooped on weak earnings outlook. Wells Fargo net surged 19% to $5.3 billion and deposits reached to $1 trillion.
- Nigel Thomas
- 12 Jul, 2013
- New York City
Balfour signed contract with Sydney Water valued
- Hiruki Nakamura
- 12 Jul, 2013
- New York City
Nikkei in Tokyo struggled to find a direction in trading after yen weakened and Fast Retailing missed operating profit estimate. Asian markets were under pressure after finance minister in China lowered growth estimate.
- Mukesh Buch
- 12 Jul, 2013
- New York City
Cera Sanitaryware sales and profit climbed. Infosys revenue jumped but net slid 0.8%. IVRCL secured new orders worth $150 million. Kalindee Rail received open offer from Jupiter Metal to acquire the stake. Reliance Capital gross written premium jumped 25%. Sintex sales jumped.
- Marcus Jacob
- 12 Jul, 2013
- New York City
Australian stocks rose for the fourth day in a row and extended gains in the second week in a new financial year on gains in resource stocks. Market indexes weakened in the afternoon after finance minister in China lowered growth expectations. WorleyParsons won a contract from Sasol North America.
- Nichole Harper
- 11 Jul, 2013
- New York City
U.S. stocks traded higher after Fed Chairman Bernanke comments. Stocks, bonds, metals and energy prices gained after a rally in world markets. Fewer homes entered foreclosure process in June. SEC lifted an 80-year ban on advertising restrictions on hedge funds seeking private investments.
- Hiruki Nakamura
- 11 Jul, 2013
- New York City
Markets in Tokyo and Asia were supported by positive reassurances from the U.S. Fed Chairman Bernanke. Bank of Japan left its monetary policy intact after a 2-day meeting. Photocreate Co soared 144% on its first day of trading.
- Mukesh Buch
- 11 Jul, 2013
- New York City
Commerce Bancshares second quarter net jumped 8%. Caesars Entertainment plans to spin-off its gaming business. PriceSmart third quarter revenue and net soared. Progressive Corp net surged 174%. Yum! Brands net jumped 15% to $281 million.
- Nigel Thomas
- 11 Jul, 2013
- New York City
Associated British Foods said group revenue jumped 9%. Ashmore fourth quarter net inflows recorded $4.5 billion. Hays said net fees in the fourth quarter grew 3%. SuperGroup revenue in the year climbed 15% to
- Marcus Jacob
- 11 Jul, 2013
- New York City
Australian and Asian markets rebounded after positive assurances from the U.S. Fed Chairman Bernanke. Australian jobless rate rose more than expected to 5.7% and a private survey showed a decline in property market confidence. Newcrest Mining to cut more jobs.
- Mukesh Buch
- 11 Jul, 2013
- New York City
Hindalco raised automotive sheet price in Europe. Punj Lloyd signed an agreement to develop 100 megawatts power plant in Rwanda. RCom completed securitizations agreement with Reliance Jio.
- Nigel Thomas
- 10 Jul, 2013
- New York City
European markets traded lower and investors looked to the U.S. Fed statement and Chinese trade data. French industrial output declined less than expected but Italian production rose. UK prepares to sell Royal Mail in $3 billion IPO.