- Nichole Harper
- 01 Feb, 2013
- New York City
Stocks and indexes traded higher after employers added 157,000 jobs in January. Job additions data in November and December were revised higher and employers added 181,000 jobs a month in 2012.
- Mukesh Buch
- 01 Feb, 2013
- New York City
Aon fourth quarter net soared 10% and Chevron net soared 41%. Exxon Mobil fourth quarter net climbed 6% and Ingersoll-Rand net slipped 3%. Lear net surged more than seven-fold. Merck fourth quarter net declined 7% and Mattel net plunged 17%.
- Hiruki Nakamura
- 01 Feb, 2013
- New York City
The Nikkei index added 0.5% and capped weekly gain of 2.6% and extended gains for the 12th week in a row. The yen declined to the low last seen in June 2010. Softbank reported third quarter net doubled. NEC soared 9% swung to a quarterly profit.
- Marcus Jacob
- 01 Feb, 2013
- New York City
Australian markets extended gains after advancing nearly 5% in January. The latest manufacturing data from China indicated slower than expected improvement.
- Mukesh Buch
- 01 Feb, 2013
- New York City
Bhel third quarter net declined 18%. Jet Airways swung to Rs 85 crore net income. Marico net jumped 21%. MRPL net swung to a loss. M&M, Maruti Suzuki, TVS January sales slipped.
- Bikram Pandey
- 31 Jan, 2013
- New York City
U.S. stocks trimmed the gains but extended 2012 advances in January. The S&P 500 index gained 5% and has now doubled from its low in 2009. The euro closed at a 14-month high and markets in Japan surged 7% on the stimulus hopes.
- Barry Randall
- 31 Jan, 2013
- New York City
AstraZeneca fell after it estimated lower sales in the current year. Deutsche Bank reported a loss and Banco Santander estimated higher loan losses in Spain. Ericsson reported sales increased 5%. Infineon forecasted higher sales and operating earnings. Lonmin soared on 17% rise in platinum sales.
- Barry Randall
- 31 Jan, 2013
- New York City
Markets in the euro zone declined after weaker than expected earnings and German retail sales fell in December. AstraZeneca estimated sales decline on higher competition from generics. Banco Santander set aside more capital cover losses in Spanish loans. Deutsche Bank reported a loss.
- Nichole Harper
- 31 Jan, 2013
- New York City
Stocks in New York traded sideways after Chicago area manufacturing indicated expansion. Jobless claims increased 38,000 at the end of last week. Personal income rose 2.6% in December, the largest increase in nine years.
- Mukesh Buch
- 31 Jan, 2013
- New York City
Aetna fourth quarter net plunged 49% and Colgate-Palmolive net rose 1%. Facebook revenue climbed but net tumbled 69%. MasterCard net surged to $605 million. Time Warner net declined 9% and sales jumped. Dow Chemical quarterly loss widened.
- Haruki Nakamura
- 31 Jan, 2013
- New York City
Stocks in Tokyo closed higher as the earnings season accelerated. Softbank, Nintendo, Sumitomo Mitsui and Alps Electric were among the leading companies to report earnings. December industrial production increased less than expected 2.5%.
- Marcus Jacob
- 31 Jan, 2013
- New York City
Australian stocks halted a ten-day rally ahead of earnings season next week. For the month, ASX 200 index increased 4.9%, the fastest monthly advance in a year. Pharmaxis plunged after it failed to win a recommendation for a drug approval. Woolworths first half sales increased 4.8%.
- Mukesh Buch
- 31 Jan, 2013
- New York City
Bharti Infratel third quarter net jumped 31% and Colgate-Palmolive net declined 4%. ICICI net profit jumped 30% but non-performing asset increased. Lupin net soared 42.6%. The central government plans to sell 10% stake of Oil India. Power Finance net surged 48%.
- Barry Randall
- 30 Jan, 2013
- New York City
Saipem, the energy services provider plunged 34% after it lowered earnings outlook for 2012 and 2013. Luxoticca Group gained 2% after sales increased 14%. Impperial Tobacco guided lower first half profit. Swedbank soared 10% after it nearly doubled dividend. Roche AG increased dividend.
- Barry Randall
- 30 Jan, 2013
- New York City
European markets traded lower and markets in Italy plunged more than 3% after energy service company issued profit warning. Spanish economy shrank for the sixth quarter in a row by 0.7%.