- Marcus Jacob
- 19 Feb, 2013
- New York City
Australian market indexes closed at a 4-year high on the strength in resource and bank sector stocks. Earnings drove the market sentiment. Arrium reported higher operating earnings but took a massive asset write down. Coca-Cola Amatil annual net declined 22%. Asciano net soared 74%.
- Nigel Thomas
- 19 Feb, 2013
- New York City
Danone revenue advanced 5% to
- Mukesh Buch
- 19 Feb, 2013
- New York City
Eicher Motors fourth quarter net plunged 24% and GSK Pharma net climbed 1.3%. Kingfisher said UB Holdings revised loan limits to $125 million. Tech Mahindra acquired majority stake in Brazil based Complex IT.
- Mukesh Buch
- 18 Feb, 2013
- New York City
Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d
- Hiruki Nakamura
- 18 Feb, 2013
- New York City
The Nikkei index in Tokyo soared 2.1% and the yen resumed its slide to drop near a 33-month low. G20 policymakers issued a broad statement that focus on the region and avoided a direct criticism of aggressive monetary easing by Japan.
- Barry Randall
- 18 Feb, 2013
- New York City
Carlsberg revenue drooped and profit declined 10%. Independent News & Media plc sold its South African business. Natixis agreed to sell assets to Banques Populaires and Caisses d
- Marcus Jacob
- 18 Feb, 2013
- New York City
Australian stocks closed higher and mining and financial stocks extended gains. Boart Longyear plunged 8% after it reported 58% fall in full-year profit. Lend Lease reported 39% increase in profit. Amcor half-year net increased 16%.
- Bikram Pandey
- 15 Feb, 2013
- New York City
Stocks on Wall Street traded sideways and investors awaited comments from G20 policymakers gathering in Moscow. Gold and silver plunged sharply and the yen and the euro were in focus. 3G Capital and Berkshire Hathaway offered $1.4 billion in breakup fees for the Heinz deal.
- Nichole Harper
- 15 Feb, 2013
- New York City
U.S. stocks traded sideways as earnings, deals and currency trading overshadowed market sentiment. The euro and yen were in focus ahead of comments from policymakers gathering from 20 nations in Moscow. U.S. industrial production declined in January.
- Barry Randall
- 15 Feb, 2013
- New York City
European markets edged slightly higher after the release of mixed batch of earnings. The meeting of G 20 finance ministers and central bankers drew attention from currency traders after the yen declined sharply in the last three months.
- Mukesh Buch
- 15 Feb, 2013
- New York City
American Electric Power fourth quarter net tumbled 93% and Campbell Soup second quarter net slipped 7%. CBS Corp fourth quarter net climbed 6% and Kraft Foods net tumbled 72%. Smucker third quarter net surged 32% and V.F. Corp fourth quarter net soared 30%.
- Marcus Jacob
- 15 Feb, 2013
- New York City
Investors sold stocks in Tokyo as the yen strengthened ahead of comments from G20 finance ministers in Moscow. Electronics exporters and automakers declined. Kirin Holdings declined 5% on weaker than expected operating earnings.
- Marcus Jacob
- 15 Feb, 2013
- New York City
Australian markets held firm for the third day in a row and banks and defensive companies led the gainers and miners led the decliners. ANZ reported a decline in profit in the latest quarter.
- Nigel Thomas
- 15 Feb, 2013
- New York City
Anglo American, the copper and precious metals miner reported revenues in the quarter increased 10% but swung to a net loss of 10%. Aker Solutions plunged 12% on a decline in net income. Eni SpA said net income fell 1.4%.
- Mukesh Buch
- 15 Feb, 2013
- New York City
DLF third quarter net slumped 10.5% and GAIL (India) net surged 18%. HCL Infosystems net swung to a loss and HNG net swung to a loss. MTNL and Suzlon Energy net loss widened. Tata Motors net plummeted 52%.