- Nichole Harper
- 06 Nov, 2013
- New York City
Stocks on Wall Street traded lower and investors focused on earnings in the U.S. and Europe. European Central Bank is expected to leave its reference rate unchanged and announce details for the bank stress test.
- Hiruki Nakamura
- 06 Nov, 2013
- New York City
Stocks in Japan closed higher and the yen remained weak. Toyota reported a surge in profit on weaker yen and lifted its North American unit sales outlook but held its global sales estimate. Quarterly net earnings jumped 70% to 438.4 billion yen or $4.4 billion.
- Mukesh Buch
- 06 Nov, 2013
- New York City
Chesapeake Energy net swung to profit as revenue soared 64%. Duke Energy net surged 69%. DIRECTV net climbed 24% after sales jumped 6%. Humana net dropped 14%. Time Warner profit surged 44% and Tesla Motors net loss narrowed.
- Marcus Jacob
- 06 Nov, 2013
- New York City
Australian trade deficit declined for the third month in a row and iron ore and other resources sector recorded a steady rise in price and volume. Exports to China barely increased but iron ore exports to fast growing nation advanced more than expected. Commonwealth Bank net soared.
- Nigel Thomas
- 06 Nov, 2013
- New York City
Alstom profit dropped 3%. Experian suspends $500 million share buy-back program and agreed to acquire the U.S. healthcare data firm for $850 million. Moneysupermarket.com revenue surged 25%. ING net tumbled 85% to
- Mukesh Buch
- 06 Nov, 2013
- New York City
ABB India net surged 78%. Bajaj Auto October declined 6% and profit jumped 13%. BHEL net plunged 64% and revenues dropped 11%. Clariant Chemicals net surged as sales soared 30%.Glaxo jumped 14% and Goodyear net soared 33%. SBT net plunged 59%.
- Nichole Harper
- 05 Nov, 2013
- New York City
U.S. indexes struggled as investors questioned stretched valuations and digested latest string of earnings. U.S. government is set to release economic growth estimate on Thursday. U.S. dollar advanced in six of the last seven sessions after euro zone growth outlook was lowered.
- Hiruki Nakamura
- 05 Nov, 2013
- New York City
Investors in Tokyo shifted focus to domestic earnings and economic issues and the yen gained a fraction. Nikkei advanced but the focus remained on the yen trading. Nissan plunged 10% after it lowered annual earnings outlook. Toyota is set to release its half-year results tomorrow.
- Marcus Jacob
- 05 Nov, 2013
- New York City
Australian market indexes retained early advance in the day after Reserve Bank left its reference rate on hold at 2.5%. The dollar slid after RBA Governor Stevens comments the dollar was uncomfortably high.
- Mukesh Buch
- 05 Nov, 2013
- New York City
Becton, Dickinson net plummeted 69%. Cognizant net climbed 15% and revenues rose 7%. Hertz Global net jumped 12%. J&J agreed to pay $2.2 billion to settle drug marketing violations. Rock-Tenn profit soared more than double. Tidewater net surged 31%.
- Mukesh Buch
- 05 Nov, 2013
- New York City
3i Infotech net swung to a loss after sales plunged 18%. Ashok Leyland October unit sales declined 15%. Punj Lloyd net loss widened but revenue jumped 13%. Procter & Gamble profit surged 21% as sales soared 32%. Wyeth net dropped 39% but sales climbed 10%.
- Nigel Thomas
- 05 Nov, 2013
- New York City
BMW net increased 3% to
- Mukesh Buch
- 04 Nov, 2013
- New York City
CME Group net jumped 16%. CST Brands net surged 71%. Icahn Enterprises profit surged to $472 million but revenue dropped 7%. Kellogg net rose 3% on flat revenues. Spectra Energy net climbed 43%.
- Nigel Thomas
- 04 Nov, 2013
- New York City
Alcatel Lucent net loss narrowed as sales rose. AMEC agreed to acquire US-based Automated Engineering for $28 million. Ryanair profit rose 1% to
- Marcus Jacob
- 04 Nov, 2013
- New York City
Australian markets traded lower and investors took a cautious view ahead of rate decision tomorrow. Westpac reported record annual profit and issued a special dividend of $310 million or 10 cents a share. Coca Cola Amatil estimated annual net to decline between 5% and 7%.