- Arjun Dave
- 25 Apr, 2014
- New York City
Narendra Modi, the self-made man''s rise from a tea-stall operator to the highest office in Gujarat, has captivate media and business community. Modi offers lot of hope to young voters and businesses who are tired of old political talk and Modi is the first politician to put economic progress first.
- Manish Shah
- 25 Apr, 2014
- New York City
American Electric Power net surged 54%. Amazon net climbed 32% and sales soared 23%. Colgate-Palmolive net plunged 16%. Ford net tumbled 39%. Microsoft net declined 32%. Starbucks net and sales climbed 9%. Visa profit soared 26%.
- Nigel Thomas
- 25 Apr, 2014
- New York City
Deutsche Bank plans to sell its shares of about
- Nichole Harper
- 25 Apr, 2014
- New York City
Stocks on Wall Street opened lower after Amazon, Ford and Visa reported weak quarterly results overshadowing better than expected sales from Microsoft. U.S. consumer sentiment rose to a nine-month high.
- Hiruki Nakamura
- 25 Apr, 2014
- New York City
Honda Motor reported fiscal sales increased 20% and net surged 56%. Komatsu said fiscal year net increased 26% on 3.6% rise in sales. NTT DoCoMo plans to buy back $4.9 billion of its shares and sell its stake in India based venture with Tata.
- Mukesh Buch
- 25 Apr, 2014
- New York City
Axis Bank announced a stock split of 5-to-1. ACC profit fell 9%. Ambuja Cements net jumped 7%. Bharti Infratel net soared 64%. Cera Sanitaryware profit surged 39%. Exide profit dropped 10%. ICICI Bank net jumped 15%. Maruti Suzuki net plunged 35%.
- Mukesh Buch
- 24 Apr, 2014
- New York City
3M net jumped 7%. Apple profit climbed 12% after iPhone sales surged in China. Caterpillar net jumped 5%. Celgene profit declined 27%. Eli Lilly net tumbled 53% and revenue plunged 16%. Facebook net surged 193% after advertising revenue soared 82%. GM net plunged 89%.
- Nichole Harper
- 24 Apr, 2014
- New York City
U.S. market indexes quickly dropped to negative zone after opening higher on the back of better than expected earnings from Apple and Facebook and Aetna. General Motors reported weaker earnings weighed down by recalls.
- Hiruki Nakamura
- 24 Apr, 2014
- New York City
Nikkei Index declined 0.9% and the yen traded with a negative bias as investors awaited earnings from domestic companies. JFE Holdings, the steelmaker reported higher fiscal year sales and earnings.
- Nigel Thomas
- 24 Apr, 2014
- New York City
Alstom surged on speculation that GE may make a $13 billion takeover offer. AstraZeneca net declined 11% to $1.5 billion. Heineken profit tumbled 37% to
- Marcus Jacob
- 24 Apr, 2014
- New York City
Australian stocks extended gains for the third day in a row in a short trading week. Transurban plans to raise $2.74 billion to finance its $6.6 billion Queensland Motorways. Atlas Iron Ore shipped record iron ore in the quarter to March.
- Mukesh Buch
- 23 Apr, 2014
- New York City
Boeing net declined 13%. Biogen net climbed 12% and revenue soared 51%. Dow Chemical net surged 75.3%. Delta Air Lines profit soared to $213 million. General Dynamics profit jumped 4% but sales fell 1%. Johnson Controls net soared 59%. Procter & Gamble net rose 2%.
- Arjun Dave
- 23 Apr, 2014
- New York City
For more than six decades people in India cast their votes but rarely managed to get much in return when it came to governance, development and access to basic utilities. Congress Party remains focused on villages and offers little to urban voters as inflation ravages purchasing power.
- Nigel Thomas
- 23 Apr, 2014
- New York City
ARM Holdings net climbed 20% to
- Nichole Harper
- 23 Apr, 2014
- New York City
U.S. stocks struggled and tech stocks traded down ahead of earnings from Apple, Qualcomm and Facebook after the close. Boeing reported higher adjusted earnings and lifted 2014 outlook. Proctor & Gamble reported flat quarterly sales. U.S. new home sales plunged 14.5% in March.