- Hiruki Nakamura
- 30 Oct, 2013
- New York City
Stocks in Tokyo advanced and Nikkei index added 1.2% and the yen weakened. Honda Motor said quarterly net soared 46% to $1.2 billion and retained its full-year outlook. Japan Tobacco plans to close four factories and cut 1,600 staff.
- Marcus Jacob
- 30 Oct, 2013
- New York City
Australian stocks in a choppy trading closed higher and the dollar edged lower. Leighton said it will defend a class action law suit that is linked to its outlook revision from profit to loss in late 2010 and early 2011. Fortescue plans to refinance its huge debt load of $12 billion.
- Nigel Thomas
- 30 Oct, 2013
- New York City
Eni profit surged 62% but revenue declined 7%. Fiat net plunged 7% and lowered fiscal outlook. Chrysler quarterly loss narrowed. Next brand sales in the quarter climbed 4%. Standard Life declined after net inflows plunged 54%. Volkswagen profit tumbled 84% to
- Mukesh Buch
- 30 Oct, 2013
- New York City
Alstom India net plummeted 49% as revenue dropped. GAIL reduced its stake in China Gas. Grasim net tumbled 27%. Havells India net surged 45%. JSPL net plunged 50%. Pidilite profit jumped 24%. Tata Communications surged after net swung to profit.
- Mukesh Buch
- 29 Oct, 2013
- New York City
Aetna net grew 4% after sales surged 46%. Air Products net slid 1%. Apple net dropped 9% but revenue jumped 4%. Cummins plunged after net edged up. Johnson Controls net swung to profit. Pfizer jumped 19% and Thomson Reuters net plunged 38%.
- Nigel Thomas
- 29 Oct, 2013
- New York City
BP profit tumbled 33% but revenue jumped 5%. John Wood won a two-year contract from Royal Dutch Shell. Lloyds Banking net loss widened to
- Nichole Harper
- 29 Oct, 2013
- New York City
U.S. indexes wavered after total retail sales declined on weak auto sales. Metropolitan home price index rose across all 20 large cities and prices in Las Vegas jumped the most in several years. San Francisco home price increase continued as tech sector employment rises.
- Hiruki Nakamura
- 29 Oct, 2013
- New York City
Japanese regulators step up investigation of large banks to scrutinize lending practices and financial controls in place to prevent lending to criminal group. Regulators forced our chairman of Mizuho Bank and penalized 52 current and past executives. Nomura reported sharp jump in profit.
- Marcus Jacob
- 29 Oct, 2013
- New York City
Australian market indexes declined in the afternoon and dollar fell after negative comments from RBA Governor Glenn Stevens. ANZ reported fifth annual earnings increase in a row and stock closed at a record high. Kirin has acquired a blocking stake in WCB.
- Mukesh Buch
- 29 Oct, 2013
- New York City
DCM Shriram net tumbled 95%. Jindal Stainless net loss in the quarter widened. JSW Steel net swung to a loss. Maruti Suzuki net surged 195%. NOCIL net slid. SRF net declined 37%. Shriram Transport net fell.
- Mukesh Buch
- 28 Oct, 2013
- New York City
AMC Networks agreed to acquire division of Liberty Global for $1 billion. Biogen net and revenue surged. Consol Energy to sell its five of its coal mines for $3.5 billion. Merck net declined 23% and Loews net soared 17%. Sohu.com net swung to a loss.
- Nigel Thomas
- 28 Oct, 2013
- New York City
Aggreko jumped after third-quarter outlook. Balfour Beatty secured defense contracts worth
- Nichole Harper
- 28 Oct, 2013
- New York City
Stocks on Wall Street were nearly unchanged and earnings were in focus. One euro fetched $1.37 and oil and gold advanced. Existing home sales declined for the fourth month in a row. Output at factories increased 0.1% in September from revised 0.5% gain in August.
- Hiruki Nakamura
- 28 Oct, 2013
- New York City
Stocks in Tokyo gained and the Nikkei index soared 2.2%, a rebound from Friday losses. The yen weakened to 97.60 against one dollar. Toyota and its subsidiaries sold 2.5 million vehicles in third quarter, surpassing 2.4 million sold by General Motors.
- Marcus Jacob
- 28 Oct, 2013
- New York City
Australian stocks gained and the ASX 200 index added 1%. Banks were in focus ahead of earnings and stocks jumped near record territory on the expectations of higher earnings.