- Hiruki Nakamura
- 09 May, 2013
- New York City
Stocks in Tokyo traded down after a string of earnings announcements and the yen advanced. Corporations are holding out cautious outlook estimating profitability in the current fiscal year at 90 yen to a dollar.
- Marcus Jacob
- 09 May, 2013
- New York City
Australian stocks took a breather and April jobless rate decreased to 5.5%. News Corp third quarter net increased to $2.8 billion. Santos Limited raised expectation for higher dividend. NAB said first half net increased 23%.
- Mukesh Buch
- 09 May, 2013
- New York City
ABB first quarter net declined 11% and Asian Paints net slid 2%. Indian Bank net dropped 15% and Punjab National Bank net plunged 21%. Prism Cement net declined 61% and SKS Microfinance net swung to profit. Sundaram-Clayton net dropped 26%.
- Nigel Thomas
- 08 May, 2013
- New York City
European markets extended gains for the third day in a row after a string of positive earnings reports and German industrial activities increased more than expected in March. ING, Deutsche Telekom and Delhaize Group SA led the gainers earnings results.
- Nichole Harper
- 08 May, 2013
- New York City
U.S. indexes traded flat after positive earnings Electronic Arts and Whole Foods. Global markets extended rally for the third day after German industrial activities was ahead of expectations and Chinese imports rose faster than expected.
- Mukesh Buch
- 08 May, 2013
- New York City
Cognizant first quarter net climbed 17% and CA quarterly net soared 14%. Marathon Oil first quarter net dropped 8%. Papa John
- Hiruki Nakamura
- 08 May, 2013
- New York City
Stocks extended gains for the second day as earnings season reaches peak. After the close, Toshiba reported a 25% decline from its guidance in operating profit and Toyota Motor said operating net soared four-fold. NGK Spark Plug soared 7% on its outlook.
- Nigel Thomas
- 08 May, 2013
- New York City
Brenntag first quarter profit dropped 12% and Deutsche Telekom profit for the quarter jumped 4% to
- Marcus Jacob
- 08 May, 2013
- New York City
Australian index closed higher after China reported faster growth in imports that exports. Resource stocks led the market recovery. Rio Tinto said it is on track for its iron ore expansion plans.
- Mukesh Buch
- 08 May, 2013
- New York City
Corporation Bank net rose 1.2% and Dewan Housing net doubled. Glenmark net jumped 11% and Housing Development Finance net climbed 17%. Jubilant and KEC Intl reported quarterly loss. Ranbaxy net tumbled 90% and Shriram Transport net climbed 17%.
- Nigel Thomas
- 07 May, 2013
- New York City
European markets traded higher after German factory orders increased more than expected and earnings at Societe Generale, Commerzbank, HSBC and Allianz were ahead of expectations. German factory orders rose 2.2% in March. Portugal successfully sold long term bonds for the first-time in two years.
- Nichole Harper
- 07 May, 2013
- New York City
U.S. market indexes extended world markets gains after German factory orders increased more than expected and indexes in Japan closed at a 5-year high and Australia unexpectedly lowered rates.
- Mukesh Buch
- 07 May, 2013
- New York City
Alleghany first quarter net and Cimarex net declined 15%. Directv net slipped 6% and Fossil first quarter net soared 24%. Perrigo net fell 3% and Rosetta Resources net climbed 140%. Towers Watson jumped 40%.
- Nigel Thomas
- 07 May, 2013
- New York City
Commerzbank said loss in the first quarter swung to
- Hiruki Nakamura
- 07 May, 2013
- New York City
Stocks in Tokyo played a catch up and the Nikkei index soared 3.6% and closed above 14,000 for the first time since June 2008. Japan Steel Works soared 16% after Japanese company was awarded a nuclear plant order in Turkey.