- Mukesh Buch
- 29 Apr, 2013
- New York City
Exide fourth quarter net grew 3% and Goodyear first quarter net surged 91%. Hindustan Uniliever fourth quarter net climbed 18% and Hero MotoCorp net slipped 5%. Hexaware net jumped 20% and IOB net plunged 89%.
- Nigel Thomas
- 26 Apr, 2013
- New York City
European markets eased and pared weekly gains of 3% after Spanish government sought to extend by two years to meet the deficit target set by the European Union. PPR, the French luxury goods maker fell on a revenue miss and Total SA declined on lower revenues.
- Nichole Harper
- 26 Apr, 2013
- New York City
Stocks on Wall Street eased after economic expansion in the first quarter fell short of expectations. European markets declined and pared 3% weekly rise after Spain sought to delay deficit trimming timetable by two years. George Soros disclosed 7.9% stake in J.C. Penney and D.R. Horton surged 20%.
- Nigel Thomas
- 26 Apr, 2013
- New York City
U.S. gross domestic product expanded at slower than expected annual rate of 2.5% as the weakness in consumer spending, defense and inventories outweighed the surge in residential investments.
- Marcus Jacob
- 26 Apr, 2013
- New York City
Australian markets traded flat in the afternoon but resource stocks led the gainers. In shortened trading week, the ASX 200 index advanced 3.5% after miners rallied and banks traded near 5-year highs.
- Mukesh Buch
- 25 Apr, 2013
- New York City
3M first quarter net flat and Biogen net soared 41%. ConocoPhillips net tumbled 28% and Exxon Mobil net nearly flat. Qualcomm first quarter net soared 36% and Dow Chemical net jumped 28%. UPS first quarter net climbed 6.9%.
- Nichole Harper
- 25 Apr, 2013
- New York City
Market indexes in New York traded higher after weekly jobless claims dropped near the five-week low. On the earnings front, Akamai Technologies, Cliff Natural Resources and Exxon Mobile reported better than expected results.
- Nigel Thomas
- 25 Apr, 2013
- New York City
Admiral first quarter group turnover dropped 6% to
- Hiruki Nakamura
- 25 Apr, 2013
- New York City
In cautious trading, the benchmark Nikkei index gained and the yen inched higher. Nintendo, Canon and Shiseido declined on earnings disappointments but Japan Tobacco traded higher on better than expected current fiscal year outlook.
- Mukesh Buch
- 25 Apr, 2013
- New York City
Axis Bank fourth quarter net climbed 21.8% and Gillette India third quarter net climbed 12.5%. Hindustan Zinc fourth quarter net surged 53.3% and L&T Finance net surged 21.8%. United Phosphorus net surged 37.9%.
- Nichole Harper
- 24 Apr, 2013
- New York City
Broader market indexes struggled in search of direction after durable goods orders declined the most in seven months in March. Apple Inc reported better than expected earnings and revised its stock buyback plan and increased quarterly dividend by 15%.
- Hiruki Nakamura
- 24 Apr, 2013
- New York City
Nikkei extended rally and jumped 2.3%, the most in twelve days, after the yen resumed its slide and declined to a level close to 100-mark. Bank of Japan is scheduled to meet later in the week. JFE Holdings, Mitsubishi Motor and Canon gained on earnings.
- Marcus Jacob
- 24 Apr, 2013
- New York City
Australian stocks jumped for the second day in a row led by a recovery in mining and energy stocks. Australian consumer price inflation in the first quarter to March increased 0.4% and for the year jumped 2.5%.
- Mukesh Buch
- 24 Apr, 2013
- New York City
Apple second quarter net dropped 18% and Eli Lilly first quarter net surged 53%. Ford net climbed 14% and Hess first quarter net soared 134%. Boeing net climbed 20% and P&G third quarter net jumped 6% to $2.57 billion.
- Jeffrey Gogo
- 24 Apr, 2013
- New York City
Market indexes across the European Union gained despite for the second day weak economic data. German business confidence declined and UK retail sales dropped. In corporate profits, Daimler AG said operating profit shrank 56% and Credit Suisse reported a surge in net income.