- Nichole Harper
- 28 Oct, 2013
- New York City
Stocks on Wall Street were nearly unchanged and earnings were in focus. One euro fetched $1.37 and oil and gold advanced. Existing home sales declined for the fourth month in a row. Output at factories increased 0.1% in September from revised 0.5% gain in August.
- Hiruki Nakamura
- 28 Oct, 2013
- New York City
Stocks in Tokyo gained and the Nikkei index soared 2.2%, a rebound from Friday losses. The yen weakened to 97.60 against one dollar. Toyota and its subsidiaries sold 2.5 million vehicles in third quarter, surpassing 2.4 million sold by General Motors.
- Marcus Jacob
- 28 Oct, 2013
- New York City
Australian stocks gained and the ASX 200 index added 1%. Banks were in focus ahead of earnings and stocks jumped near record territory on the expectations of higher earnings.
- Mukesh Buch
- 28 Oct, 2013
- New York City
Ajanta Pharma net surged 155% after revenue soared. Colgate-Palmolive net declined 25% as sales dropped 16%. Dabur profit surged 23%. JSW Energy net plunged 36%. Just Dial profit jumped 98% on sales increase of 29%. Neyveli Lignite net plunged 28%.
- Mukesh Buch
- 25 Oct, 2013
- New York City
Amazon sales topped estimates. Microsoft net surged 17% and revenue jumped 16%. Moody
- Nigel Thomas
- 25 Oct, 2013
- New York City
BASF profit climbed 19%. Electrolux net tumbled 29%. Renault said group revenue dropped 3% to
- Nichole Harper
- 25 Oct, 2013
- New York City
U.S. stocks maintained a positive bias in trading after durable goods orders rose more than expected on military purchases but consumer sentiment index declined Twitter sets $10 billion valuation for its public offering.
- Hiruki Nakamura
- 25 Oct, 2013
- New York City
Nikkei in Tokyo eased and closed down 3.3% in the week. The yen gained for the second week in a row. Softbank Corp dropped 5% after Alibaba shelved its plan to list its stock. JFE Holdings lowered earnings outlook and Posco lowered its annual steel sales estimate.
- Marcus Jacob
- 25 Oct, 2013
- New York City
Australian indexes advanced for the third week in a row and resource and banking stocks led the advance. BHP and Rio Tinto are in talks to sell stakes in international joint ventures as both miners retrench from international expansion.
- Mukesh Buch
- 25 Oct, 2013
- New York City
Adani Power net loss widened. Essar shipping net loss narrowed. GAIL (India) net fell 7%. ICICI Bank net soared 20% and IOB net declined 16%. Idea profit soared 13%. TVS Motor net surged 97%. Tata Sponge net plunged 29%.
- Mukesh Buch
- 24 Oct, 2013
- New York City
3M net jumped 6% as sales climbed 7%. Altria net surged 112%. Celgene net plunged 12%. Colgate net soared 20%. Ford net declined 1% but sales jumped 12%. McKesson agreed to acquire Germany-based Celesio for $8.3 billion.
- Nigel Thomas
- 24 Oct, 2013
- New York City
Credit Suisse profit surged 79%. Celesio soared after takeover offer of
- Nichole Harper
- 24 Oct, 2013
- New York City
U.S. stocks advanced after a string of positive earnings from large companies. The dollar fell to a 23-month low against the euro. Weekly jobless claims fell. Trade deficit in August eased 0.4% on flat exports and imports but imports from China hit a new record.
- Hiruki Nakamura
- 24 Oct, 2013
- New York City
Market indexes in Tokyo advanced and the yen edged up a fraction. Canon Inc declined after it lowered annual earnings outlook and sales in the camera division are likely to fall more than expected. Nissan Motor issued a worldwide recall of sports utility vehicles.
- Marcus Jacob
- 24 Oct, 2013
- New York City
Advances in banks in Australian trading lifted indexes. Investors have been rotating out of mining sector into banks ahead of earnings next week. Wesfarmers was in focus after Coles supermarket chains said September quarter sales increased 4%.