- Mukesh Buch
- 01 Nov, 2013
- New York City
AIG revenue declined 11% but net surged 17%. Chrysler sales soared 11%. Ford reported record October sales since 2004 and GM October sales jumped 16%. Church & Dwight net climbed 15%. NV Energy net dropped 16%.
- Nigel Thomas
- 01 Nov, 2013
- New York City
Direct Line revenue dropped 5% but profit surged 55%. Meggitt said revenues in the third quarter rose 2%. Royal Bank of Scotland revenue slid 1% and net loss narrowed and aims to run down between 55% and 70% of the bad assets over the next two years.
- Nichole Harper
- 01 Nov, 2013
- New York City
U.S. stocks opened higher and market indexes in Europe trended lower. Fannie Mae sued nine banks seeking $800 million. OfficeMax and Office Depot won a regulatory approval for their $1.2 billion merger.
- Hiruki Nakamura
- 01 Nov, 2013
- New York City
Stocks in Japan extended losses for the second day as investors digested latest batch of earnings reports. For the October month, the Nikkei declined 1.9% as investors weigh the impact of sales tax increase. Sony lowered its outlook. Nissan lifted revenues and earnings estimates.
- Marcus Jacob
- 01 Nov, 2013
- New York City
Australian market index closed lower as domestic manufacturing activity expanded at a 3-year high rate. Australian wholesale prices rose 1.3% in October largely on import price increase. Two separate surveys in China showed an expansion in manufacturing.
- Mukesh Buch
- 01 Nov, 2013
- New York City
Berger Paints net climbed 17% and sales jumped 19%. Glenmark profit fell 2%. IDFC profit rose 2%. Kalpataru Power climbed 17%. Mahindra & Mahindra sales soared 29%. Maruti Suzuki October sales increased 2%.
- Nichole Harper
- 31 Oct, 2013
- New York City
U.S. stocks rebounded from the lows in the first hour in trading and the pound jumped 1% against the euro after the inflation rate declined to 0.7% annual rate. U.S. weekly jobless claims declined as government employees return to work.
- Mukesh Buch
- 31 Oct, 2013
- New York City
Cigna net surged 19% after sales jumped 10%. ConocoPhillips net soared 39%. Facebook said quarterly net swung to a loss. Expedia net slid. MasterCard profit climbed 14%. Starbucks net surged 34%. Time Warner net plunged 34%. Visa net plunged 28%.
- Nigel Thomas
- 31 Oct, 2013
- New York City
AstraZeneca profit for the quarter dropped 35%. BT Group profit declined 13% to
- Hiruki Nakamura
- 31 Oct, 2013
- New York City
Nikkei Stock Average in Tokyo declined 1.2% and the yen advanced. Panasonic Corp lifted its annual profit outlook on weaker yen. Kurita Water Industries said net in the first-half declined 16%. Mitsubishi Estate net jumped 75%. Sony Financial first-half net increased 11%.
- Marcus Jacob
- 31 Oct, 2013
- New York City
Australian stocks struggled to advance and for October market indexes jumped 4%. National Australia Bank reported record profit and increased its dividend. For the month, Sundance Resource soared 44% and Perseus Mining and Whitehaven Coal dropped 20%.
- Mukesh Buch
- 31 Oct, 2013
- New York City
Adani Enterprises net swung to a loss. Bank of India net surged 106% and Bank of Baroda net dropped 10%. Cadila Healthcare net soared 94%. Dr. Reddy
- Nigel Thomas
- 30 Oct, 2013
- New York City
Fed continued its program of monthly purchase of $85 billion of Treasury securities and mortgage-backed securities and left its low interest rate policy intact.
- Nichole Harper
- 30 Oct, 2013
- New York City
U.S. stocks wavered ahead of Fed policy statement and focused on earnings. Comcast third quarter revenues declined 2.4%. General Motors quarterly revenues rose 4%. Western Union reported a fall in earnings. LinkedIn sales failed to meet expectations set by analysts.
- Mukesh Buch
- 30 Oct, 2013
- New York City
American Tower net plummeted 22%. Comcast net plunged 18%. Hess net and revenue tumbled. GM net plunged 41% but sales grew 4%. LinkedIn net swung to a loss. Pricewaterhouse agreed to acquire Booz & Co. Southern Co net jumped 13%.