- Nichole Harper
- 31 Jan, 2014
- New York City
U.S. and World markets accelerated the decline on the last day of January. For the year, S&P 500 index is down 3.4%, major markets in Europe declined 3% and indexes in Japan closed down 8.5%. Hong Kong index fell 5.5% and index in India dropped 3.1%.
- Hiruki Nakamura
- 31 Jan, 2014
- New York City
Nikkei index in Tokyo declined 0.6% on Friday, fell 3.1% in the week and plunged 8.5% in January. Industrial output in December increased 1.1%. Consumer prices in Japan increased 1.6% and core inflation rose 1.3% from a year ago.
- Mukesh Buch
- 31 Jan, 2014
- New York City
3M net surged 57%. Amazon net surged 146% and revenue soared 20%. Chevron declined after net tumbled 33%. Colgate net dropped 6%. Google profit climbed 16%. L-3 Communications net declined 8%. MasterCard net rose 3% and revenue jumped 12%.
- Marcus Jacob
- 31 Jan, 2014
- New York City
Australian stocks in January declined for the first time in four years as emerging markets struggle and China engineers a slowdown. David Jones rejected unsolicited merger offer from Myer Holdings.
- Nigel Thomas
- 31 Jan, 2014
- New York City
BT Group profit jumped 6% to
- Mukesh Buch
- 31 Jan, 2014
- New York City
Adani Entp net tumbled 84%. Hero Motocorp profit jumped 8% after sales climbed 11%. Motherson Sumi net surged 143% and sales soared 21%. NLC profit climbed 121%. PNB surged after non-performing loan ratio fell and profit declined. Union Bank net climbed 15%.
- Mukesh Buch
- 30 Jan, 2014
- New York City
Exxon Mobil net declined 16%. Google agreed to sell its Motorola division to Lenovo for $2.9 billion. UPS net swung to a profit of $1.17 billion. Visa net declined 28.3% after revenue climbed 9%.
- Hiruki Nakamura
- 30 Jan, 2014
- New York City
Nikkei stock average in Tokyo dropped 2.5% and the yen strengthened as currencies in emerging markets declined. Nomura Holdings profit more than doubled. Central Japan Railway Company revenues rose 3.9%. Nippon Steel swung to profit.
- Nigel Thomas
- 30 Jan, 2014
- New York City
BSkyB profit plunged 16% to
- Marcus Jacob
- 30 Jan, 2014
- New York City
Australian stocks were swept lower with the emerging markets weakness and the Aussie dollar declined further. Home sales in Australia jumped 14.4% in 2013 and import and export prices in December eased 0.5%.
- Mukesh Buch
- 30 Jan, 2014
- New York City
Bank of India net plunged 27%. Crompton net swung to a profit. GSFC profit plummeted 26% and sales declined 16%. JSW Energy net tumbled 35%. Muthoot Finance net plunged 28%. NALCO profit jumped 10%. Siemens net rose 2%. Titan net declined 19%.
- Nichole Harper
- 29 Jan, 2014
- New York City
World markets remained on the edge after emerging markets sell-off continued. Turkey nearly doubled its main interest rates and South Africa raised its key lending rates for the first time in nearly six years. Seven largest world market indexes turned negative in 2014.
- Hiruki Nakamura
- 29 Jan, 2014
- New York City
Nikkei in Tokyo surged 2.7% after emerging markets stabilized. The yen strengthened and investors shifted focus to corporate earnings. Canon gained after estimating higher earnings and sales. Sumitomo Mitsui third quarter net fell 9.3%.
- Mukesh Buch
- 29 Jan, 2014
- New York City
Boeing net climbed 26%. Biogen revenue and profit surged. Dow Chemical net swung to a profit. Hess net soared but revenue dropped. Praxair net surged 15%. Valero net surged 28%. WellPoint net tumbled 68%. Yahoo revenue fell 6% but net climbed 28%.
- Marcus Jacob
- 29 Jan, 2014
- New York City
Australian market indexes rebounded as emerging markets instability fears receded. Australian dollar recovered 0.3%. Atlas Iron Ore lifted its 2014 iron ore production outlook and Drillsearch revised higher its energy output target.