- Mukesh Buch
- 05 May, 2014
- New York City
AAON net surged 38% on 14% increase in revenues. BroadSoft plunged after net loss widened. Koppers profit plummeted 80%. Pfizer net plunged 15% and sales fell 9%. SYSCO net declined 10% but sales jumped 3%. Tyson Foods quarterly net soared.
- Nichole Harper
- 05 May, 2014
- New York City
U.S. stocks opened lower after tensions between Russia and Germany and U.S. escalated and China manufacturing index showed larger than expected contraction. Gold gained 1.2%. Target CEO Steinhafel resigned following data breach in December. Pfizer net dropped 15%.
- Marcus Jacob
- 05 May, 2014
- New York City
Australian stocks closed slightly higher in a quiet trading ahead of RBA meeting tomorrow. The central bank is expected keep record low interest rates as building approvals contracted 3.5% in March. Westpac Banking Corp reported quarterly net income increased 10%.
- Mukesh Buch
- 05 May, 2014
- New York City
ABB net jumped 20% but sales fell. Ajanta Pharma profit surged 159%. Ashok Leyland sales in April declined 21%. Grasim sales and profit jumped. RCom net tumbled 49% but R Capital profit rose. Tata Motors April sales dropped 34%.
- Mukesh Buch
- 02 May, 2014
- New York City
Chevron net plunged 27% and revenue dropped 6%. CVS Caremark net surged 18%. Cooper Tire net and sales jumped. Fluor profit plummeted 10%. LinkedIn net swung to a loss. Marsh & McLennan net climbed 7%. Sempra Energy profit surged 39%.
- Nigel Thomas
- 02 May, 2014
- New York City
AstraZeneca board rejected revised
- Nichole Harper
- 02 May, 2014
- New York City
U.S. stocks failed to build on the better-than-expected monthly payrolls increase in April. Employers at all levels added 288,000 jobs and March increase was revised higher to 203,000. However, labor participation rate declined to 35-year low of 62.8%.
- Hiruki Nakamura
- 02 May, 2014
- New York City
For the week, the Nikkei index slipped 0.4% and investors reacted to domestic earnings. Asahi fiscal year sales increased 10%. Axial Retailing annual net surged 39%. Idemitsu Kosan annual revenues rose 15% but net plunged 28%.
- Marcus Jacob
- 02 May, 2014
- New York City
Australian stocks closed higher and for the week the benchmark index declined 1.3%. Stock trading turnover was dipped below 60-day average and investors focused on domestic earnings. Myer quarterly sales declined 1%. Macquarie Group annual net income soared 49%.
- Mukesh Buch
- 02 May, 2014
- New York City
Bata India net rose 2% and revenue climbed 9%. HeidelbergCement India net swung to profit after sales soared. KEC Intl net swung to a profit. Merck profit climbed 75%. NOCIL net tumbled 55% but sales surged 46%. Shriram City Union Finance net soared 20%.
- Mukesh Buch
- 02 May, 2014
- New York City
Bajaj Auto total sales in April dropped 4% but export climbed 16%. Hero Motocorp sales climbed 14%. Maruti Suzuki total sales declined 11.4% after domestic sales plunged 13% and passenger car sales dropped 14%. M&M auto sales declined 12%. TVS sales climbed 15%.
- Mukesh Buch
- 01 May, 2014
- New York City
Becton, Dickinson net and revenue rose 4%. BorgWarner net jumped 12%. ConocoPhillips net slid 0.9%. Domino''s sales and profit climbed Exxon Mobil net dropped 4%. Kellogg net surged 30%. MasterCard net and revenue climbed 14%.
- Nigel Thomas
- 01 May, 2014
- New York City
BSkyB net declined 15% to
- Nichole Harper
- 01 May, 2014
- New York City
U.S. stocks struggled and maintained downward bias after weekly jobless claims increased more than expected. Also, world markets were on the defensive after the latest manufacturing data confirmed slowing Chinese economy. Exxon Mobil and MasterCard reported higher earnings.
- Hiruki Nakamura
- 01 May, 2014
- New York City
Broader market averages gained to a 3-week high and domestic earnings were in focus. Kyushu Electric and Hokkaido Electric Power gained after the companies said a government-backed bank will invest in utilities. Seiko Epson swung to profit. Kawasaki Kisen Kaisha reported higher earnings.