- 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.
- 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%.