- Hiruki Nakamura
- 23 Oct, 2013
- New York City
Market indexes in Tokyo plunged 2% as the yen gained 0.8% against the dollar. Rising bad loan worries in China also dragged market sentiment in Tokyo and Asian trading. Nidec Corp first-half sales rose 22%. Japan Exchange first-half revenues rose 67%.
- Nigel Thomas
- 23 Oct, 2013
- New York City
GlaxoSmithKline profit plunged 12% to
- Marcus Jacob
- 23 Oct, 2013
- New York City
Australian markets traded lower after the yen strengthened and market indexes in Japan, China and India declined. Super Retail Group plans to accelerate new store opening next year. Treasury Wine Estates reaffirmed its annual outlook. Ruralco issued cautious profit views.
- Mukesh Buch
- 23 Oct, 2013
- New York City
ACC net plunged 51% and Cairn India net soared 46%. Gujarat Pipavav profit surged above four-fold and Hero MotoCorp climbed 9%. Hindustan Zinc net rose 7% after sales surged 25%. Eros profit surged but revenue slid. L&T Finance net jumped and Wipro net climbed 19%.
- Mukesh Buch
- 22 Oct, 2013
- New York City
Coach net slid 2% and sales fell 1%. du Pont net surged and EMC net dropped 6%. Harley-Davidson net surged 21% and Kimberly-Clark profit jumped 6%. Lockheed Martin net climbed 20%. McGraw Hill tumbled 31% but lifted annual outlook. Whirlpool net surged 165%.
- Mukesh Buch
- 22 Oct, 2013
- New York City
Employers at all levels added net new 148,000 jobs in September, according to a report released by the Department of Labor today. The report was delayed by two and a half week by the government shut down that began October 1.
- Nichole Harper
- 22 Oct, 2013
- New York City
Stocks on Wall Street extended gains and are likely to surpass the advances in 2009 and 2003. Employers added net new 148,000 jobs in September and unemployment rate declined to 7.2%. Construction spending increased in August despite a fall in federal spending.
- Hiruki Nakamura
- 22 Oct, 2013
- New York City
Stocks in Tokyo rose for the second day and the yen weakened against the dollar. Nisshin Fudosan Co soared 13% after the developer lifted its profit outlook. More than 600 companies are expected to release earnings in the next ten days.
- Nigel Thomas
- 22 Oct, 2013
- New York City
Dart Group expects profit-before-tax to jump 37%. KPN third-quarter net swung to a loss
- Mukesh Buch
- 22 Oct, 2013
- New York City
Dewan Housing net surged 50% after sales rose 43%. Indiabulls net soared and net debt jumped. JK Lakshmi Cement net plunged 80%. Polaris Fin Tech is likely to be acquired by L&T Infotech. Tata Steel secured contract from UK-based Network Rail for five years. Yes Bank net climbed 21%.
- Marcus Jacob
- 22 Oct, 2013
- New York City
Australian market indexes gained for the second day in a row. BHP Billiton lifted its iron ore production guidance by 2.4%. Mirvac Group reaffirmed its annual operating earnings outlook. Oil Search said third-quarter net dropped 14%.
- Nichole Harper
- 21 Oct, 2013
- New York City
AT&T agreed to sell and lease its 9,700 cell phone towers to Crown Castle for $4.85 billion. The deal will strengthen telecom carrier
- Mukesh Buch
- 21 Oct, 2013
- New York City
A. O. Smith net soared 25% after sales jumped 16%. Gannett net plunged 40%. Halliburton net climbed 17% as revenue rose. McDonald''s net jumped 5%. Tellabs agreed to acquire by Marlin Equity for $891 Million. V.F. Corp net soared 14%.
- Hiruki Nakamura
- 21 Oct, 2013
- New York City
Market indexes traded higher and the yen weakened for the second day in a row. Exports rose less than expected 11.5% and imports soared 16.5% resulting in trade deficit of $9.5 billion in September. Furukawa battery soared 10% on higher net income outlook.
- Marcus Jacob
- 21 Oct, 2013
- New York City
Australian market indexes advanced and the dollar advanced. Woodside Petroleum third quarter energy production dropped 17% and revenues fell 27%. RHG jumped 1% after it accepted revised takeover offer from Resimac.