- Hiruki Nakamura
- 08 May, 2014
- New York City
Stocks rebounded in Tokyo and investors shifted attention to domestic earnings. Toyota reported fiscal year sales increased 16.4% and net income soared 90%, Mitsubishi Corp net soared 23% and Nintendo annual net swung to a loss.
- Marcus Jacob
- 08 May, 2014
- New York City
Australian market indexes advanced and trading volume picked on active trading in smaller companies. Australian dollar edged higher after China reported higher than expected trade surplus. Qantas plans to shed 2,200 jobs. AMP Limited said net cash flow soared 72%.
- Mukesh Buch
- 08 May, 2014
- New York City
Aditya Birla tumbled after net declined 90% and sales surged 62%. BHEL successfully commissioned power plant in Oman. Hatsun Agro net plunged but sales jumped. Magma Fincorp net fell 4%. P&G Hygiene profit surged 55%. Union Bank net declined 27%.
- Nichole Harper
- 07 May, 2014
- New York City
Market indexes on Wall Street struggled and tech heavy Nasdaq Composite Index plunged 1.1%. AOL, FireEye, Groupon and Zulily plunged after weaker than expected results. Whole Foods slumped 20% after the organic food retailer trimmed outlook for the second time.
- Mukesh Buch
- 07 May, 2014
- New York City
Duke Energy net swung to a loss $97 million but revenue soared 12%. Icahn Ent net swung to a loss. Mondelez Intl net tumbled 70%. Perrigo profit plunged 57%. Walt Disney profit surged 27%. Whole Foods plunged 20% after growth stalls.
- Nigel Thomas
- 07 May, 2014
- New York City
Commerzbank net swung to a profit
- Hiruki Nakamura
- 07 May, 2014
- New York City
Indexes in Tokyo plunged nearly 3% and the yen gained after a 4-day weekend in Japan. Automakers and electronics exporters declined. Softbank plunged 5% after quarterly results were weaker than expected and wireless carrier said it does not plan to sell its stake in Alibaba public offering.
- Mukesh Buch
- 07 May, 2014
- New York City
Allahabad Bank net jump 25%. Clariant Chemicals net plunged 39%. Hindustan Media Ventures climbed 20%. IRB Infra won contract for a road project in Haryana. Kajaria Ceramics profit and sales surged and agreed to acquire 51% stake in Taurus Tiles. Lupin net jumped 35%.
- Marcus Jacob
- 07 May, 2014
- New York City
Australian market indexes closed down 0.8% and Aussie dollar gained in light trading. Westpac Banking plans to raise $750 million. ASX third-quarter net increased 10%. Amcor to acquire Indonesia based packaging company for $27 million.
- Mukesh Buch
- 06 May, 2014
- New York City
Arrow Electronics net climbed 38%. DIRECTV net plunged 75%. Dex Media surged but net loss widened. Discovery net slid. Merck agreed to sell its consumer care business to Bayer for $14.2 billion. NVIDIA profit surged 75%.
- Nichole Harper
- 06 May, 2014
- New York City
Stocks on Wall Street declined and trade deficit and latest earnings also affected market sentiment. U.S. trade deficit in March dropped 3.6% and exports rose 2.1%. AIG reported first-quarter net declined.
- Nigel Thomas
- 06 May, 2014
- New York City
Bayer agreed to acquire consumer care business from Merck for $14.2 billion. BMW profit surged 11% to
- Marcus Jacob
- 06 May, 2014
- New York City
Australian index closed higher after a rollercoaster ride and Reserve Bank of Australian left its key lending rate at record low 2.5%. The rates have been held for nine months in a row. March trade surplus narrowed but iron ore exports rose.
- Mukesh Buch
- 06 May, 2014
- New York City
HDFC net climbed 16%. Nelco net loss narrowed. Pantaloons net loss widened after sales barely rose 2%. Punj Lloyd won Rs 1,270 crore expressway project in Yemen. Titan profit soared 12%. United Bank of India profit surged.
- Nigel Thomas
- 05 May, 2014
- New York City
Wacker Chemie profit surged