- Hiruki Nakamura
- 24 Jan, 2014
- New York City
Market indexes in Tokyo edged lower and declined for the week as the yen gained and emerging market currencies eased. Toyota lifted its global sales outlook and estimated record sales. Nitto Denko sales soared in December.
- Marcus Jacob
- 24 Jan, 2014
- New York City
Australian market indexes extended losses for the third week and the Aussie dollar edged to a 3-year low. Echo Entertainment agreed to sell its Jupiters Townsville hotel complex for $70 million.
- Mukesh Buch
- 24 Jan, 2014
- New York City
Atul revenue and profit surged. Bharat Electronics net slid 3%. Cairn India profit slid 14% and sales soared 17%. Novartis net plunged 47%. Ranbaxy plunged after US prohibited its drugs from its Toansa facility in Punjab. Uco Bank net tripled. UPL net climbed 52%.
- Nichole Harper
- 23 Jan, 2014
- New York City
World and U.S. market indexes declined after China
- Hiruki Nakamura
- 23 Jan, 2014
- New York City
Nikkei in Tokyo fell 0.8% following Asia-wide sell-off after a private survey indicated a contraction in manufacturing growth in China. The yen traded near its 2-year low. Nidec gained 6% after the company raised its full-year net income outlook and launched a buyback program.
- Marcus Jacob
- 23 Jan, 2014
- New York City
Australian dollar and Asian stocks declined 1% after a private survey indicated a slowdown in manufacturing in China. Saputo is close to acquiring WCB after a 17.7% minority stake holder agreed to sell its stake. Newcrest boosted its 2014 outlook and said all six mines are operating at a profit.
- Mukesh Buch
- 23 Jan, 2014
- New York City
Baxter net plunged 34% despite sales increase of 16%. eBay revenue and profit jumped 13%. Johnson Controls net surged 30%. Lockheed Martin net declined 14%. McDonald''s net rose 1%. SanDisk profit surged 58%.Union Pacific Corp net climbed 13%.
- Nigel Thomas
- 23 Jan, 2014
- New York City
easyJet said revenue in the first-half per seat grew 3.4%. Logitech net swung to a profit. London Stock Exchange total income surged 48% to
- Mukesh Buch
- 23 Jan, 2014
- New York City
Amara Raja net sales and profit climbed. Biocon net jumped 14%. Bharti Infratel profit surged 62%. Finolex Cables won an order of Rs 200 crore. KPIT Tech net declined 9%. L&T net soared 11%. Raymond profit surged.
- Mukesh Buch
- 22 Jan, 2014
- New York City
Abbott net tumbled 44%. CA net dropped 8% and revenue fell 25. General Dynamics net swung to a loss. IBM profit jumped 6%. Norfolk Southern net climbed 24%. Texas Inst net soared 94% to $511 million.
- Nigel Thomas
- 22 Jan, 2014
- New York City
Allianz said PIMCO CEO Mohamed El-Erian resigned. Credit Agricole agrees to sell its Bulgaria division to reduce
- Hiruki Nakamura
- 22 Jan, 2014
- New York City
The Bank of Japan kept its annual plan to pump between 60 trillion yen and 70 trillion yen intact and left its inflation outlook unchanged. The accompanying statement after a 2-day meeting noted the impact of April sales tax increase on the economy.
- Marcus Jacob
- 22 Jan, 2014
- New York City
Australian inflation in the December quarter was ahead of expectations and rose 2.7% annual rate. BHP Billiton said iron ore production increased 16% in the last quarter, copper production rose 6% and petroleum production declined 4%. Mount Gibson reported record first-half iron ore sales.
- Mukesh Buch
- 22 Jan, 2014
- New York City
Ashok Leyland net swung to a loss. Colgate net rose 2% and operating profit margin declined 17%. Dabur net climbed 15% on 17% increase in sales. HDFC net jumped 12%. M&M net plunged 16%. Torrent profit surged 41%. Thermax net declined 13%. Zee net jumped 10%.
- Nichole Harper
- 21 Jan, 2014
- New York City
U.S. stocks extended losses for the third day in a row and the dollar was in focus after the yen and euro edged lower. The IMF lifted its economic outlook for 2014 as advanced economies face fewer obstacles and interest rates are expected to stay near record low.