- Mukesh Buch
- 08 Aug, 2013
- New York City
Apollo Hospitals barely rose 3%. Bharat Forge net surged 81%. Eicher Motors profit climbed 22%. Gujarat Gas net surged 90%. Jet Airways net swung to a loss. NCC net declined 37% and Omaxe profit climbed 19%. Ranbaxy net loss narrowed.
- Mukesh Buch
- 06 Aug, 2013
- New York City
Cognizant revenue and net jumped. CVS Caremark net climbed 16%. DISH Network second quarter net swung to a loss. Emerson Electric net tumbled 75%. Regeneron Pharmaceuticals profit jumped 14%. Unum net rose 1% to $218.6 million.
- Nichole Harper
- 06 Aug, 2013
- New York City
U.S. stocks extended losses for the second day in a row and trade deficit in June narrowed to the smallest since October 2009. Washington Post agreed to sell newspapers to Jeff Bezos for $250 million. India appointed Raghuram Rajan as its new central bank governor.
- Nigel Thomas
- 06 Aug, 2013
- New York City
Esure Profit-after-tax soared 17%. Fresnillo net tumbled 61%.InterContinental Hotels operating profit climbed 20%. Rotork net climbed 11% and announced acquisitions. Standard Chartered profit for the period declined 23%.
- Hiruki Nakamura
- 06 Aug, 2013
- New York City
Market indexes in Tokyo closed higher for the third time in last four trading sessions as investors reacted to rumors. The yen eased. Sony was the fourth most actively traded stock and declined 4.6% after the company board rejected a proposal to split its entertainment unit.
- Mukesh Buch
- 06 Aug, 2013
- New York City
Crompton Greaves net plunged 30% but revenue jumped 12%. EIL profit and revenues tumbled. eClerx net surged as sales climbed 9%. NDTV loss narrowed as revenue dropped. Tata Power net swung to a loss.
- Marcus Jacob
- 06 Aug, 2013
- New York City
Reserve Bank of Australia lowered its key lending rate by 25 basis points to 2.5% and held out possibility of another rate cut. As the mining boom wanes, central bank prepares to rebalance economic growth and lower dollar helped trade surplus to widen in June.
- Mukesh Buch
- 05 Aug, 2013
- New York City
Chevron revenues and net plunged. HSBC Holdings revenue dropped on unexpected slowdown in China. Eaton sales surged 38% and net soared 29%. Washington Post net declined 14%. Tyson Foods net soared to $249 million. Viacom net surged 20%.
- Nigel Thomas
- 05 Aug, 2013
- New York City
HSBC Holdings revenue dropped 7% but profit climbed 10% to
- Nichole Harper
- 05 Aug, 2013
- New York City
U.S. stocks rebounded after the service industry expanded at the fastest pace in five months. Berkshire Hathaway increased after reported higher than expected quarterly net. European markets closed flat and Asian markets were on the defensive.
- Hiruki Nakamura
- 05 Aug, 2013
- New York City
Stocks in Tokyo halted a 2-day rally and the Nikkei index fell 1.4% as the yen gained. Investors sold stocks after weaker-than-expected U.S. jobs report on Friday and Toyota issued a cautious outlook despite a near record profit. Casio Computer quarterly net rose 31%. Hitachi Zosen net loss widened.
- Marcus Jacob
- 05 Aug, 2013
- New York City
Australian stocks ended a 10-day rally in thin trading ahead of rate decision tomorrow. Retail sales were flat in June and service industry index dropped to a low. Virgin Australia estimated annual loss of $110 million.
- Mukesh Buch
- 05 Aug, 2013
- New York City
BHEL net declined 50% and Bajaj Auto net rose 3%. Coal India profit plunged 17%. Godrej net profit jumped 7% but Grasim net dropped 15%. Power Finance net climbed 23%. Tata Chemicals net profit plunged 30.1%.
- Nigel Thomas
- 02 Aug, 2013
- New York City
European markets eased the euro gained fractionally after the U.S. added less than expected jobs in July. Italian Prime Minister Berlusconi was convicted by the highest court for tax fraud. RBS swung to net profit in first-half.
- Bikram Pandey
- 02 Aug, 2013
- New York City
AIG announced quarterly dividend of 10 cents a share. Dell lifted its buyout offer. Chevron reported lower net. LinkedIn surged 10% after quarterly sales rose 59%. Viacom soared 6% after cable network operator expanded stock buyback program.