- 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.
- 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