- Nigel Thomas
- 24 Apr, 2013
- New York City
Barclays underlying first-quarter profit swung to
- Nichole Harper
- 23 Apr, 2013
- New York City
Stocks in New York traded higher for the third day in a row after solid earnings reports from Ameriprise, Dupont, Netflix, Travelers and United Technologies. New home sales increased 1.5% in March. On the economic front, the euro zone and China manufacturing outlook suggested weak economic activities.
- Hiruki Nakamura
- 23 Apr, 2013
- New York City
Stocks in Tokyo edged lower after investors took profit in real estate and financial services companies. The yen paused its slide against the dollar and the Nikkei index fell 0.3%. Real estate stocks surged doubled after the Nikkei index soared 58% since November 2012.
- Mukesh Buch
- 22 Apr, 2013
- New York City
BE Aerospace first quarter net soared 31% and Caterpillar net plunged 45%. Halliburton net swung to $18 million loss and Hasbro first quarter loss widened. Netflix surged after net swung to profit and added more than estimated net new subscribers.
- Mukesh Buch
- 23 Apr, 2013
- New York City
A. O. Smith first quarter net plunged 18% and Coach net jumped 6%. Delta Air Lines net tumbled 94%. du Pont first quarter net soared 31% and Illinois Tool net dropped 27%. Rogers Communications net rose 3% to $3.03 billion and The Travelers Co jumped net 11% to $896 million.
- Marcus Jacob
- 23 Apr, 2013
- New York City
Australian indexes advanced on a rally in resource, consumer and financial sector stocks. The latest manufacturing survey in China indicated showed slower than expected increase in growth rate. Wesfarmers and Evolution Mining Limited reported quarterly production decline.
- Jeffrey Gogo
- 23 Apr, 2013
- New York City
Markets in the euro zone surged on the growing speculation that the European Central Bank may be forced to lower benchmark rate. The latest read on manufacturing output showed weakness across the region led by a weakness in Germany.
- Nigel Thomas
- 23 Apr, 2013
- New York City
ARM Holdings first quarter profit surged 39% and Associated British Foods profit for the period soared 27% to
- Mukesh Buch
- 23 Apr, 2013
- New York City
Cairn India fourth quarter net surged 17% and HDFC Bank net surged 30%. Mahindra Lifespace fourth quarter net soared 95% and Persistent Systems net climbed 43%. Reliance and Airtel signed pact for international data connectivity. Tata Sponge fourth quarter net plunged 36%.
- Nichole Harper
- 22 Apr, 2013
- New York City
Stocks on Wall Street meandered. Existing home sales declined 0.6% in March but media price rose 11.8%. Power-One soared 57% after ABB Ltd agreed to acquire the company for $1 billion.
- Jeffrey Gogo
- 22 Apr, 2013
- New York City
European markets extended gains for the second day in a row following the sustained rise in Asian markets. The euro firmed against the dollar and the yen. UK plans to sell its stake in Urenco that may fetch as much as
- Nigel Thomas
- 22 Apr, 2013
- New York City
ABB agreed to acquire Power-One for approx $1 billion. Betfair rejected takeover bid of
- Mukesh Buch
- 22 Apr, 2013
- New York City
MindTree fourth quarter jumped 14%. Tata Elxsi net profit fell 1.5%. UltraTech net slid 2.6%. Wipro plunged on weak revenue outlook and fourth quarter climbed 17%.
- Hiruki Nakamura
- 22 Apr, 2013
- New York City
The Nikkei index in Tokyo jumped 1.9% to reach a new 5-year high and the yen dropped near 100-mark after G20 ministers avoided criticizing the latest monetary easing by the Bank of Japan. Investors are targeting the Nikkei at 14,000 before the year-end.
- Marcus Jacob
- 22 Apr, 2013
- New York City
Australian indexes built on the early morning gains to close higher for the second day in a row but iron ore prices trended near the low of the year. Australian dollar was one penny shy from the low of the year. OZ Minerals plunged 10% on lowered copper deposit estimates.