- Mukesh Buch
- 18 Apr, 2013
- New York City
BB&T first quarter net plunged 51% and eBay net soared 19% but offered weak outlook. Morgan Stanley net swung to $958 million profit and Mattel first quarter net surged nearly four-fold. SanDisk net soared 46%.
- Jeffrey Gogo
- 18 Apr, 2013
- New York City
European markets rebounded a day after a rout in commodities price and weak auto sales across the currency zone. UK retail sales growth declined in March on the coldest temperatures since 1962. Portugal proposed new austerity measures.
- Mukesh Buch
- 18 Apr, 2013
- New York City
CRISIL fourth quarter net declined 15% and Essar Ports net swung to profit. Government controlled HMT soared on speculation of capital injection. IndusInd Bank fourth quarter net climbed 37.6% and MRF second quarter net jumped 40%.
- Marcus Jacob
- 18 Apr, 2013
- New York City
Australian stocks plunged in the late afternoon to extend the daily loss to 1.6% in the broader indexes. Commodities declined and copper dipped to the price last seen in October 2011. Resource sector index dropped more than 4%.
- Nichole Harper
- 17 Apr, 2013
- New York City
Stocks on Wall Street declined as global growth worries resurfaced and the latest batch of earnings disappointed analysts. European auto sales dropped for the eighteenth month in a row. Bank of America, Intel and CSX traded lower after reporting earnings.
- Mukesh Buch
- 17 Apr, 2013
- New York City
Abbott first quarter net plunged 56% and BofA net surged to $2.26 billion. Intel net plunged 25% to $2.04 billion. Linear third quarter jumped 13%. Bank of New York first quarter net swung to $266 million loss. Yahoo first quarter net jumped 92% to $390 million.
- Jeffrey Gogo
- 17 Apr, 2013
- New York City
European markets declined on weak auto sales and the IMF lowered its global growth outlook. Auto sales in Germany plunged 17% and Peugeot Citroen lowered its annual outlook.
- Marcus Jacob
- 17 Apr, 2013
- New York City
Australian markets traded higher tracking higher metal prices. BHP Billiton reaffirmed its annual production outlook but missed quarterly expectations for its iron ore and crude oil production. Harvey Norman said sales increased 0.6%.
- Mukesh Buch
- 17 Apr, 2013
- New York City
Crompton Greaves secured contract worth $60 million from Iraq. GAIL plans to sell its 4.6% stake in China Gas Holdings. HCL Technologies third quarter jumped 7.8%. Oil India plans to raise $400 million. TCS fourth quarter net rose 3% and Yes Bank net surged 33%.
- Nigel Thomas
- 17 Apr, 2013
- New York City
ASML first quarter net income tumbled 66% to
- Mukesh Buch
- 16 Apr, 2013
- New York City
BlackRock fourth quarter net climbed 25% and J&J first quarter net dropped 10%. Coca-Cola quarterly net tumbled 15% and Goldman Sachs net advanced 5% to $2.18 billion. U.S. Bancorp first quarter net jumped 7% and Grainger net climbed 13% and lifted outlook.
- Nigel Thomas
- 16 Apr, 2013
- New York City
Danone first quarter group sales jumped 5.6% to
- Nigel Thomas
- 16 Apr, 2013
- New York City
Financial markets across the euro zone rebounded following the gains in New York. The European Union proposed tighter banking rules and proposed higher capital and limits on annual bonuses. Inflation across the euro zone fell to 1.7%.
- Hiruki Nakamura
- 16 Apr, 2013
- New York City
Financial markets in Tokyo recovered some of the 1% losses in indexes and resources linked companies led the decliners. The yen gained and Softbank plunged as much as 9% after a competing bid from Dish may force the company to lift its bid for Sprint.
- Marcus Jacob
- 16 Apr, 2013
- New York City
Australian markets opened lower but in the late afternoon trimmed losses. Gold plunged 10% and resource sector linked stocks led the decliners. RBA is on hold to let the rate cuts work through the system and held out the possibilities of future cuts.