- Mukesh Buch
- 03 Feb, 2015
- New York City
Punjab National Bank was the latest casualty among the large banks and reported gross non-performing assets nearly doubled to 5.97%. Hero MotoCorp January vehicle sales edged lower following an increase in excise tax.
- Nichole Harper
- 02 Feb, 2015
- New York City
U.S. stocks traded sideways and the latest economic data suggested consumers are using the benefits from cheaper energy to pay down debt and save more.
- Mukesh Buch
- 02 Feb, 2015
- New York City
1-800-Flowers.Com net soared after the sales more than doubled. Avery Dennison net jumped 66%. Exxon Mobil net and revenues plunged 21%. Lennox Intl net soared 27%. Tenneco net plummeted 61%. Sysco profit tumbled 25% and revenues jumped 8%.
- Nigel Thomas
- 02 Feb, 2015
- New York City
CRH agreed to acquire assets from cement maker Holcim and Lafarge worth about
- Hiruki Nakamura
- 02 Feb, 2015
- New York City
Tokyo indexes declined after weaker than expected economic growth in the U.S. and China reported manufacturing index shrank in December. Chubu Electric Power lowered its net income outlook by 26%. Fujitsu soared after the conglomerate lifted its outlook by 5.6%.Lixil Group lowered its sales outlook.
- Marcus Jacob
- 02 Feb, 2015
- New York City
Australian stocks extended rally for the eighth day in a row and investors speculated on interest rate cut decision. Home prices continued to rise across Australia and Melbourne. JB Hi-Fi forecasted flat annul earnings. Kathmandu said first-half sales were lower than expected.
- Mukesh Buch
- 02 Feb, 2015
- New York City
Ashok Leyland said January total auto sales soared 36% but Bajaj Auto sales slipped 9%. Bharat Forge net more than doubled. Eicher Motors sales climbed 25% while M&M tractor sales fell 26%. Tata Motors sales rose 5%. Tech Mahindra net rose 12%.
- Nichole Harper
- 30 Jan, 2015
- New York City
U.S. economic growth in fourth quarter was 2.6% and for all of 2014 was 2.4%. Stocks on Wall Street traded lower after slower than expected growth in the quarter. Russian ruble plunged 4% after central bank abruptly lowered rate by 200 basis points.
- Mukesh Buch
- 30 Jan, 2015
- New York City
Amazon.com net declined 11% but revenues jumped 15%. Biogen profit surged 93%. Chevron net tumbled 30% on 18% decline in revenues. Eli Lilly net plummeted 41% and revenues declined 12%. Google revenues and net soared. MasterCard net surged 29%. Xerox profit tumbled 49%.
- Hiruki Nakamura
- 30 Jan, 2015
- New York City
Stocks in Tokyo closed higher after industrial production jumped 1% and inflation was below target set by the Bank of Japan. Jobless rate in December was unchanged at 3.4% and housing starts dropped 9%, first monthly decline in five years.
- Marcus Jacob
- 30 Jan, 2015
- New York City
Resource stocks led the gainers in Sydney and market indexes extended advance for the seventh day in a row. Aussie dollar edged how on the growing speculation that the Reserve Bank of Australia may lower rate sooner than expected.
- Nigel Thomas
- 30 Jan, 2015
- New York City
BT Group profit surged 12% to
- Mukesh Buch
- 30 Jan, 2015
- New York City
Market indexes in Mumbai drop 1.7% led by a sharp plunge in bank stocks. Government of India lowered its stake in the largest coal miner to 80%. Bank of Baroda lifted its bad loan reserves and net plunged 68%. HCL Tech net rose 2%. ICICI climbed 14%. IDFC net slipped 16%. NTPC net gained 7%.
- Mukesh Buch
- 29 Jan, 2015
- New York City
Abbott net surged 54%. Colgate-Palmolive net climbed 11% while sales dropped. ConocoPhillips net swung to a loss. Dow Chemical net plunged 24%. Harley-Davidson net fell 1% on flat revenues. Qualcomm profit jumped 5%. Visa net declined 10%.
- Nigel Thomas
- 29 Jan, 2015
- New York City
Diageo net plunged 18% to