- Marcus Jacob
- 01 May, 2014
- New York City
Australian stocks opened lower and steadily lost ground in active trading. The Aussie dollar firmed up and traded above 93 U.S. cents. ANZ Banking Group said first-half earnings increased 11% and lifted its dividend. Lynas Corp reaffirmed its annual production outlook.
- Nichole Harper
- 30 Apr, 2014
- New York City
U.S. growth slowed to 0.1% in the first quarter as harsh winter weather affected investment plans and exports declined. Personal consumption has been driving the economic growth but stagnating wages and weak employment is likely to keep the economic growth in check. Fed trims bond purchase again.
- Mukesh Buch
- 30 Apr, 2014
- New York City
eBay net swung to a loss but sales soared 14%. Exelon net swung to a profit and revenue climbed 19%. Glaxo profit plunged after sales declined. International Paper net swung to a loss. Time Warner profit climbed 71%. Twitter net loss widened.
- Nigel Thomas
- 30 Apr, 2014
- New York City
BBVA net tumbled 64% to
- Hiruki Nakamura
- 30 Apr, 2014
- New York City
Nikkei index in Tokyo close higher and investors focused on domestic earnings. Daiwa Securities and Nomura Holdings reported a sharp jump in annual earnings. Fujitsu Limited quarterly net swung to profit. Japan Airlines annual net revenues increased 5.7%.
- Marcus Jacob
- 30 Apr, 2014
- New York City
In active trading, Australian stocks edged lower and the Aussie dollar held firm. Aurizon Holdings transported 11% more in the third-quarter but net declined. Woolworths third-quarter sales increased 5.3%.
- Mukesh Buch
- 30 Apr, 2014
- New York City
Alstom T&D net climbed 17%. Bharti Airtel net and sales surged. BASF India net tumbled 51% but sales soared. CEAT net fell 4%. Kotak Mahindra profit dropped 7%. Shriram Transport Finance net declined 18%. Welspun net surged.
- Mukesh Buch
- 29 Apr, 2014
- New York City
Archer Daniels net fell and sales dropped 5%. Bristol-Myers profit surged 54% but revenues slid. Cummins net declined 7% but revenues climbed 12%. Coach net and sales plunged. Merck profit slipped 7.5%. Rockwell net and sales jumped. Valero net climbed 27%.
- Nigel Thomas
- 29 Apr, 2014
- New York City
ABB net declined 18% and revenue dropped 3%. BP net surged 229% to $3.6 billion. Banco Santander profit rose 8% to
- Nichole Harper
- 29 Apr, 2014
- New York City
U.S. stocks opened higher after consumer confidence index eased in April and metropolitan home price index was flat. Iron ore prices in China declined and dragged markets in Europe and Asia.
- Marcus Jacob
- 29 Apr, 2014
- New York City
Iron ore prices extended decline by 2% in China and dropped 8% in the month and fell 17% in the year so far. Chinese banks also tightened the lending conditions for ore purchase as inventories shot up 25% to 110 million tons. Resource stocks led the market decliners in Sydney trading.
- Mukesh Buch
- 29 Apr, 2014
- New York City
Dabur net jumped 17% on 15% rise in sales. HCL profit increased 11%. Hexaware Tech net declined 32%. Idea Cellular profit soared 26% after revenue rose 6%. Sesa Sterlite net and revenue surged. TVS Motor net swung to profit. Tata Sponge net jumped.
- Mukesh Buch
- 28 Apr, 2014
- New York City
CNA Financial net plunged 95%. Ecolab net and sales climbed. Energy Transfer plans to acquire Susser for $1.8 billion. Forest Lab intends to acquire Furiex Pharma for up to $1.46 billion in cash and stock. Franklin Resources net fell 2%. Loews net tumbled 76%. Roper net climbed.
- Nigel Thomas
- 28 Apr, 2014
- New York City
AstraZeneca surged and rejected revised takeover approach from Pfizer. Bayer net surged 23% to
- Nichole Harper
- 28 Apr, 2014
- New York City
U.S. stocks eased after tensions between Russia and West remained high and violence perked up in the eastern region of Ukraine. Oil futures traded at a seven-week high. Merger talks lifted indexes in Europe after Pfizer offered a revised bid for Astra Zeneca. GE and Siemens to pursue Alstom SA.