- Mukesh Buch
- 21 Feb, 2014
- New York City
Agrium net tumbled 72%. DISH net climbed 38% and revenue jumped 7%. Donaldson profit soared 15%. Ecolab net surged 24%. HP net soared 16%. Priceline.com profit surged 31%.
- Marcus Jacob
- 21 Feb, 2014
- New York City
Australian market indexes reached a six-year intra-day high in active trading worth $5 billion. Aussie dollar was the focus as banks estimate a sharp decline in the currency. Billabong reported a smaller loss. Crown Resorts said its Macau venture reported record results.
- Nigel Thomas
- 21 Feb, 2014
- New York City
AXA net soared 14% to
- Mukesh Buch
- 21 Feb, 2014
- New York City
Bharti Airtel expected to face $3 billion charge in Nigeria. HCL denied that founder is seeking to sell his $10 billion stake. IL&FS secured a road project worth $216.7 million in Spain. Shree Renuka tumbled after Singapore based Wilmar to acquire 27.5% stake for $200 million.
- Mukesh Buch
- 20 Feb, 2014
- New York City
Actavis net swung to a loss but revenue soared 59%. DirecTV net declined 14%. Hormel Foods profit soared 18%. Marriott net tumbled 17%. Tesla Motors net loss narrowed. Wal-Mart net plunged 21%.
- Nichole Harper
- 20 Feb, 2014
- New York City
U.S market indexes kept upward bias and investors focused on international markets and domestic earnings. Wal-Mart earnings declined for the fourth quarter in a row and the company blamed harsh weather and cut in food stamps.
- Nigel Thomas
- 20 Feb, 2014
- New York City
Aegon net tumbled 60%. Air France-KLM said loss in the quarter widened to
- Hiruki Nakamura
- 20 Feb, 2014
- New York City
Nikkei declined 2% after Japan reported 19th monthly trade deficit in a row on a surge energy imports. Weakening growth outlook in China also dragged market sentiment in Tokyo and Asia. Asahi Group estimated a fall in earnings on the impending rise in sales tax.
- Marcus Jacob
- 20 Feb, 2014
- New York City
Australian market indexes trimmed the gains after a private survey in China suggested slowing manufacturing industry growth and moderate business conditions. Australian dollar eased. Fairfax Media soared 23% on earnings. Amalgamated Holdings Net fell 2%.
- Mukesh Buch
- 20 Feb, 2014
- New York City
Esab India net declined 33% and sales dropped 11%. Mahindra & Mahindra lowered vehicle prices. Nagarjuna Agrichem net loss widened but sales jumped 22%. Thomas Cook profit plunged 27%.
- Nigel Thomas
- 20 Feb, 2014
- New York City
Facebbok agreed to acquire fast growing Internet based messaging service WhatsApp for $19 billion. The expensive purchase works out to be $40 per active user. The acquisition is the largest by Facebook so far and follows the Instagram purchase for $1 billion.
- Mukesh Buch
- 19 Feb, 2014
- New York City
Devon Energy net swung to a profit and sell Canada assets for $2.8 billion. Eaton Vance net soared 22%. Lithia Motors profit and sales soared as same store sales in the quarter climbed 11%. Omnicare net swung to a loss. Signet agreed to acquire Zale for $21 a share in cash.
- Nichole Harper
- 19 Feb, 2014
- New York City
Emerging markets were in focus after protests turned violent in Ukraine, Thailand, Venezuela and Egypt. The U.S. housing starts dropped to annual rate of 888,000 in January and the permits demand declined for the third month in a row. Producer prices rose 0.2%.
- Hiruki Nakamura
- 19 Feb, 2014
- New York City
Nikkei index in Tokyo extended gains for the second time this week and the yen gained against the dollar and the euro. Toyota said union demand for annual wage increase is surprisingly high. Hokkaido increased power rates for the first time in three decades.
- Nigel Thomas
- 19 Feb, 2014
- New York City
Galliford Try profit and sales soared 18%. Lafarge net climbed 156.6% to