- Hiruki Nakamura
- 22 Jul, 2014
- New York City
Stocks in Tokyo advanced after a 3-day weekend and the yen trading dominated market sentiment. Exporters and resource stocks led the gainers. Rising tensions between Russia and European Union. Stock exchanges in Japan trimmed ask and bid spread on 80 stocks from today.
- Marcus Jacob
- 22 Jul, 2014
- New York City
Australian stocks gained in thin trading after comments from RBA. Aussie dollar advanced and Governor Glenn Stevens focused on global reforms to accelerate Australian economic growth.
- Nigel Thomas
- 22 Jul, 2014
- New York City
ARM Holdings net surged 88% to
- Mukesh Buch
- 22 Jul, 2014
- New York City
Asian Paints net soared 23%. BS secured order worth Rs 69 crore in Andhra Pradesh. Exide profit climbed 17%. Hitachi Home net surged 202%. Nerolac profit soared 20%. Savita Oil declined after net profit tumbled 15%. Thermax net declined 18%. Tata Coffee net plunged 25%.
- Nichole Harper
- 21 Jul, 2014
- New York City
U.S. stocks traded lower and Ukraine and Israel bombing overshadowed market sentiment for the second week in a row. European Union stepped up diplomatic pressure on Russia. Russia based Severstal sold its U.S. operations for $1.7 billion.
- Mukesh Buch
- 21 Jul, 2014
- New York City
AK Steel agreed to acquire Severstal controlled steel plant in Michigan for $700 million. Allergan net soared 16%. BB&T net plunged 22%. Genuine Parts profit slid 9%. Halliburton net surged 20%. Hasbro net fell 8%. ManpowerGroup net climbed 61%. Steel Dynamics acquired Severstal for $1.6 billion.
- Nigel Thomas
- 21 Jul, 2014
- New York City
Allocate Software net swung to profit
- Marcus Jacob
- 21 Jul, 2014
- New York City
Stocks in Australia gained but resource stocks were under pressure as smaller iron ore mining companies report larger than expected decline in prices.
- Mukesh Buch
- 21 Jul, 2014
- New York City
Canara Bank net rose 2%. HDFC net jumped 10%. Hindustan Zinc net fell 3%. Idea profit surged 57%. RIL profit soared 14%. RPower net grew 2%. RInfra net plunged 10%. Tata Metaliks surged after net swung to profit. UltraTech Cement net declined 6%.
- Nichole Harper
- 18 Jul, 2014
- New York City
Stocks on Wall Street rebounded after investors shifted focus to domestic earnings. Google net rose but the search engine operator struggled to monetize mobile platform traffic. General Electric met earnings expectations and IBM sales declined.
- Mukesh Buch
- 18 Jul, 2014
- New York City
AbbVie agreed to acquire Shire for $54.8 billion. Bank of New York Mellon net plunged 33%. GE profit surged 13%. Google net jumped 6% and revenue soared 22%. Honeywell net rose 8%. IBM profit surged 28%. Johnson Controls plunged 68%. VF Corp net climbed 14%.
- Hiruki Nakamura
- 18 Jul, 2014
- New York City
Stocks in Japan fell on the last day of the week and the Nikkei pared weekly advance to 0.3%. Resource and energy explorers advanced after oil rose in international markets on the rising tensions between Russia and Europe. Yaskawa Electric, the robot maker gained 4% on 33% rise in quarterly net.
- Nigel Thomas
- 18 Jul, 2014
- New York City
Shire accepted
- Marcus Jacob
- 18 Jul, 2014
- New York City
Stocks in Sydney recovered from early losses as tensions rose between Russia and Europe and Israel offensive also roiled oil market. Santos Limited quarterly sales rose 22%.
- Mukesh Buch
- 18 Jul, 2014
- New York City
Bajaj Holdings net soared 18%. Greenply profit surged 34%. MindTree net climbed 31%. Seamec won a five-year contract worth $15 million from ONGC. Wipro secured contracts of ten years from ATCO in Canada and Australia. Zee net declined 6% but revenue jumped 8%.