- Mukesh Buch
- 01 Aug, 2014
- New York City
Castrol net plunged 19% but sales rose. DLF profit and revenue plunged. Hero Motocorp July sales climbed 9% and Maruti Suzuki sales surged 22%. JSW Steel net swung to profit on 29% increase in sales. Pantaloons loss widened. Titan profit dropped.
- Nichole Harper
- 31 Jul, 2014
- New York City
U.S. market indexes declined sharply after weekly initial jobless claims rose 23,000 to 302,000 and Exxon Mobil and Whole Foods Market reported weaker than expected quarterly announcements. Target appointed Pepsi executive as new CEO.
- Mukesh Buch
- 31 Jul, 2014
- New York City
Apache net plunged 50% and revenue declined 19%. Becton Dickinson profit climbed 8%. Cigna net soared 13%. ConocoPhillips quarterly net was flat but revenue jumped 4%. DirecTV net surged 22%. Helmerich & Payne net plummeted 28%. Kellogg profit tumbled 16%. MasterCard net climbed 10%.
- Hiruki Nakamura
- 31 Jul, 2014
- New York City
Topix index in Tokyo closed lower for the first time in five days after several companies missed earnings estimates. Sumitomo Mitsui Financial Group reported smaller than expected decline in earnings. Mitsubishi Heavy Industries said quarterly net soared 65%.
- Nigel Thomas
- 31 Jul, 2014
- New York City
adidas plunged 16% after the footwear lowered annual profit estimate. BNP Paribas net swung to a loss of
- Marcus Jacob
- 31 Jul, 2014
- New York City
Australian stocks powered ahead on the stronger than expected building approvals. Iron ore prices remained weak but the U.S. Fed trimmed its monthly bond purchase program by $10 billion.
- Mukesh Buch
- 31 Jul, 2014
- New York City
Aban Offshore net doubled. ICICI Bank profit soared 17%. Maruti Suzuki net jumped 21% on 12% increase of sales. NTPC net plunged 13% but sales soared 15%. Mahindra Lifespace net and revenue surged. Torrent Pharma net climbed 72%.
- Bikram Pandey
- 30 Jul, 2014
- New York City
The first estimate of the U.S. economic growth in the second quarter came in at 4%, reversing the revised contraction of 2.1% in the winter quarter. The increase in inventories, rising cosumer spending and expansion in government spending at all levels contributed to the surge in annual rate.
- Nichole Harper
- 30 Jul, 2014
- New York City
Stocks on Wall Street edged lower after the initial estimate of the second quarter economic growth came in at 4%. Markets turned lower ahead of Fed statement in the next hour and corporate earnings were mixed. Twitter soared 21% on larger than expected advertising revenues.
- Mukesh Buch
- 30 Jul, 2014
- New York City
Amgen net and revenue climbed. CBRE Group net soared 51%. Humana net tumbled 18% but revenue surged 18%. Rockwell Automation net slid 2% and revenue rose 2%. Twitter advertising revenue more than doubled. WellPoint net declined 9%.
- Nigel Thomas
- 30 Jul, 2014
- New York City
AstraZeneca agreed to acquire Spain-based Almirall for $2.1 billion. Barclays profit soared 68% to
- Hiruki Nakamura
- 30 Jul, 2014
- New York City
Japan indexes advanced and investors focused on corporate earnings. Industrial production decreased for the second month in a row and the monthly decline was the largest since the earthquake and tsunami in 2011. Japan Tobacco first quarter sales increased 1.6%. Konica Minolta quarterly net plunged.
- Marcus Jacob
- 30 Jul, 2014
- New York City
Australian stocks advanced on strong trading volume on rising confidence in global economy. Tabcorp Holdings agreed to acquire regional government controlled gaming business as a part of a deal to win long term gaming license.
- Mukesh Buch
- 30 Jul, 2014
- New York City
Bharti Airtel surged 70%. Bank of India net declined 16% but revenues surged 21%. Cadila Healthcare profit and revenues climbed. Reddy''s Lab net surged 53%. Escorts net tumbled 42%. ITC profit climbed 16%. IDFC net dropped 14%. L&T net soared more than doubled.
- Mukesh Buch
- 29 Jul, 2014
- New York City
Aetna revenue surged 26% but net rose 2%. BP profit climbed 61%. Ecolab net surged 46% on 7% increase of revenue. Merck net soared 121% but sales fell. Pfizer net plunged 79% and revenue dropped 2%. United Parcel net tumbled 57.6% while revenue jumped 6%.