- Nichole Harper
- 11 Nov, 2013
- New York City
U.S. stocks rest after indexes advanced for five weeks in a row and the S&P 500 index has gained the best annual return since 2003. Nasdaq Composite index is up nearly 30%. Retailers were in focus ahead of earnings release this week. KKR in a $1.6 billion deal. Transocean to hike dividend.
- Mukesh Buch
- 11 Nov, 2013
- New York City
Arkansas Best surged after quarterly net doubled. Asos said net loss in the third-quarter narrowed. ImmunoGen signed agreement with Novartis. Silver Wheaton net plunged 36%. Shire agreed to buy ViroPharma Inc. for about $4.2 billion.
- Hiruki Nakamura
- 11 Nov, 2013
- New York City
Nikkei in Tokyo surged 1.3% following a 1% decline in yen. Yokogawa Electric Corp added 6% after the chipmaker lifted its income outlook. Marubeni Corp lowered its earnings outlook. Citizens Holdings soared 7% after the watchmaker lifted annual income estimate.
- Nigel Thomas
- 11 Nov, 2013
- New York City
Admiral said revenue dropped 7%. BT Group secured telecast rights in
- Marcus Jacob
- 11 Nov, 2013
- New York City
Australian stocks closed lower and banks led the most active list in thin trading. Orica Limited soared 11% after it reported annual net income surged 49%. Elders Limited plunged 15% after it estimated a loss.
- Mukesh Buch
- 11 Nov, 2013
- New York City
CBI net swung to a loss but revenues jumped 10%. Divi
- Mukesh Buch
- 08 Nov, 2013
- New York City
Apache third-quarter net surged 86% but revenues fell 4%. ArcelorMittal net loss narrowed. Nvidia net plunged 43%. Priceline.com net climbed 40% on 41% surge in sales. Telus net jumped 10%. Walt Disney profit soared 12%. Westar Energy net fell 4%.
- Nigel Thomas
- 08 Nov, 2013
- New York City
Allianz net jumped 5% to
- Nichole Harper
- 08 Nov, 2013
- New York City
Stocks on Wall Street opened higher after private sector added more than expected net new jobs in October. However, most of the job additions are at low wages as retailers
- Hiruki Nakamura
- 08 Nov, 2013
- New York City
Investors in Japan reacted to international news and a sharp fall in Asian markets. Nikkei declined 1% after the latest U.S. growth data increased earlier than expected Fed tapering possibilities.
- Marcus Jacob
- 08 Nov, 2013
- New York City
Australian central bank lowered its economic growth assessment and may step up fight to weaken the dollar. The dollar gained 0.1% after China reported 5.6% increase in exports and 7.6% rise in imports.
- Mukesh Buch
- 08 Nov, 2013
- New York City
Dredging Corp net declined 22%. Eicher net surged 63%. Maruti Suzuki October sales fell 6% but net surged 195%. PNB net plunged 53%. Sun TV profit jumped 11%. Tata Coffee net swung to a loss but Titan net rose 3.6%. Tech Mahindra net jumped 5%.
- Nichole Harper
- 07 Nov, 2013
- New York City
U.S. stocks and indexes drifted lower on stretched valuation worries. U.S. economic growth accelerated to 2.8% in the third quarter from 2.5% in the second quarter. Weekly jobless claims declined 9,000 at the end of last week. European Central Bank trimmed benchmark rate to 0.25%.
- Mukesh Buch
- 07 Nov, 2013
- New York City
AES Corp net swung to profit but revenue slid 8%. Calpine net plunged 30%. Rockwell net climbed 10%. Ralph Lauren net dropped 4%. Qualcomm net surged 31% after revenue soared 35%. Whole Foods Market net increased 7% as comparable store sales jumped 6%.
- Hiruki Nakamura
- 07 Nov, 2013
- New York City
Nikkei in Tokyo edged lower and the yen hovered near its recent lows as more than 300 companies are scheduled to release earnings before the end of the week. Casio Computer Co and Toray Industries Inc were among the few to report higher earnings on weaker yen.