- Hiruki Nakamura
- 13 Feb, 2014
- New York City
Nikkei index in Tokyo declined 1.8% and extended the year-to-date loss to 10%. Real estate companies led the decline. Asahi Group Holdings dropped 5% after the second-largest beer maker estimated annual income below the estimates.
- Mukesh Buch
- 13 Feb, 2014
- New York City
Comcast agreed to acquire Time Warner Cable for $45.2 billion. Apache net tumbled 73% as revenue dropped 19%. Cisco net plunged 54% and sales declined 8%. Fossil profit fell 2% but sales climbed. PepsiCo net jumped 5%. Whole Foods net grew 4%.
- Nigel Thomas
- 13 Feb, 2014
- New York City
BNP Paribas net plunged 26% to
- Marcus Jacob
- 13 Feb, 2014
- New York City
Australian market indexes reversed earlier gains after the jobless rate in January reached a decade high to 6% and surpassed the previous high of 5.9% in June 2009. Telstra hiked dividend and reported gains in wireless segment. David Jones quarterly sales increased 4.7%.
- Mukesh Buch
- 13 Feb, 2014
- New York City
Cipla net plunged 17% but revenues jumped 22%. Eros profit climbed 41%. Hindalco net tumbled 23%. HCL net declined 9% and sales surged 37%. ONGC net jumped 3%. NCC net tumbled 62%. Page Industries sales and profit climbed. TCL net plunged 55%.
- Nichole Harper
- 12 Feb, 2014
- New York City
U.S. investors paused after the best 4-day gain in a year. European markets gained and Asian markets surged. China reported a sharp increase in exports and imports in January and the best monthly surplus since 2009. The U.S. House approved debt ceiling without any conditions.
- Nigel Thomas
- 12 Feb, 2014
- New York City
The U.S. House approved the federal government
- Bikram Pandey
- 12 Feb, 2014
- New York City
China reported a sharp jump in exports in January, surprising many analysts who were looking for a near flat growth in January.
- Mukesh Buch
- 12 Feb, 2014
- New York City
Deere & Co net rose 5%. DaVita net and sales climbed. Hospira profit surged. Lorillard declined 5%. Owens Corning net swung to profit on 10% rise in sales. Thomson Reuters net swung to a loss as revenue dropped. Valspar net fell 3% but sales soared 9%.
- Hiruki Nakamura
- 12 Feb, 2014
- New York City
Real estate and financial services stocks lead the broad rally in Tokyo. The yen gained. Toyota recalled 1.9 million Prius. Nissan sales in China fell 0.4% in January. Softbank quarterly net declined and the wireless pushed ahead to explorer merger of Sprint and T-Mobile.
- Nigel Thomas
- 12 Feb, 2014
- New York City
Heineken net plunged 53% to
- Marcus Jacob
- 12 Feb, 2014
- New York City
Australian market indexes jumped 1% in active trading and trade with China soared 33% in January. China also reported 10.6% increase in exports in the month. Commonwealth Bank of Australia reported record first-half profit.
- Mukesh Buch
- 12 Feb, 2014
- New York City
BPCL net swung to a loss on 3.8% rise in revenues. GMR Infra net loss widened. HPCL reported larger than expected loss. National Fertilizers net swung to a profit on 36% rise in sales. Oil India net declined 4% and revenue climbed 5%. Tata Steel profit declined 45%.
- Nichole Harper
- 11 Feb, 2014
- New York City
Indexes on Wall Street advanced and Fed Chairman Yellen
- Mukesh Buch
- 11 Feb, 2014
- New York City
CVS Caremark net surged 13%. Dean Foods net swung to a loss. Entergy net plummeted 50%. HCP profit jumped 13% but revenue fell 5%. IntercontinentalExchange net swung to a loss. Ingersoll-Rand net tumbled 80%. Markel profit soared 168%.