- Nigel Thomas
- 21 Oct, 2013
- New York City
Akzo Nobel profit soared 41% but sales dropped 5%. Balfour Beatty won contract of
- Mukesh Buch
- 21 Oct, 2013
- New York City
Asian Paints net climbed 37% as sales jumped 19%. Alstom secured contract worth 105 crore rupees. Crisil net surged 96%. Gujarat State Petronet net plunged 42%. HDFC Bank net jumped 10%. L&T net dropped 14%. M&M Financial Services profit surged 20%.
- Mukesh Buch
- 18 Oct, 2013
- New York City
Baker Hughes net declined 22%. Google net climbed 36% as segment revenue jumped. GE net plunged 9% despite orders from U.S. and Europe rose. Honeywell net jumped 4%. Morgan Stanley net swung to profit. Schlumberger profit surged 21%.
- Mukesh Buch
- 18 Oct, 2013
- New York City
Baker Hughes net declined 22%. Google net climbed 36% as segment revenue jumped. GE net plunged 9% despite orders from U.S. and Europe rose. Honeywell net jumped 4%. Morgan Stanley net swung to profit. Schlumberger profit surged 21%.
- Nichole Harper
- 18 Oct, 2013
- New York City
The latest earnings reports propelled market indexes on Wall Street higher. Google soared past $1,000 after the search engine operator reported better than expected quarterly sales. General Electric also reported higher demand for industrial products.
- Nigel Thomas
- 18 Oct, 2013
- New York City
Cap Gemini plans to buy back convertible bonds worth
- Hiruki Nakamura
- 18 Oct, 2013
- New York City
Stocks in Tokyo closed lower but for the week Nikkei index added 3.8%. Toyota recalled 800,000 Camry sedans in the U.S. Bridgestone plans to expand its radial tire plant in Vietnam.
- Marcus Jacob
- 18 Oct, 2013
- New York City
Australian market indexes surged and extended weekly gains to 1.7% after China reported faster than expected growth in the third quarter. Warrnambool Cheese attracted third takeover bid. Crown Limited is in talks with Sri Lankan government to develop a casino resort.
- Mukesh Buch
- 18 Oct, 2013
- New York City
Bharti Airtel to acquire Wireless Business Services. Bharat Bijlee net loss widened. Himachal Futuristic declined despite a five-fold surge in sales. IL&FS won contract worth Rs.150 crore. Saurashtra Cement net swung to a loss. South Indian Bank climbed 30%.
- Nichole Harper
- 17 Oct, 2013
- New York City
U.S. indexes steadily climbed into positive zone as investors shifted focus to domestic earnings from political fracturing in Republican Party. Verizon net soared 40% and estimated growth to continue. Goldman Sachs commodities revenues declined. IBM plunged on revenue fall.
- Mukesh Buch
- 17 Oct, 2013
- New York City
American Express net climbed 9%. Baxter profit dropped 7%. BB&T net tumbled 43% and revenues dropped 5%. eBay net surged. IBM net climbed and revenue dropped. PPG net plunged 33%. Verizon net climbed 30%.
- Hiruki Nakamura
- 17 Oct, 2013
- New York City
Markets indexes in Tokyo closed higher and the yen weakened. The last minute political agreement avoided U.S. debt default as the latest crisis may resurface in late January.
- Marcus Jacob
- 17 Oct, 2013
- New York City
Australian indexes closed higher but the Aussie dollar edged lower. USG Corporation agreed to pay $575 million to form a joint venture with Boral Limited. Fortescue Metals third-quarter production surged and iron ore miner reaffirmed its decline in full-year shipment outlook.
- Nigel Thomas
- 17 Oct, 2013
- New York City
BSkyB profit declined 12% to
- Mukesh Buch
- 17 Oct, 2013
- New York City
Axis Bank profit jumped 21%. Bajaj Holdings & Investment profit surged 18%. Bajaj Auto net climbed 13% as sales rose 3%. Blue Dart profit dropped 6.65%. Castrol net soared 22%. MindTree net fell 5% but sales surged 19%. HCL Tech profit climbed 19%.