- Nichole Harper
- 07 May, 2013
- New York City
U.S. market indexes extended world markets gains after German factory orders increased more than expected and indexes in Japan closed at a 5-year high and Australia unexpectedly lowered rates.
- Mukesh Buch
- 07 May, 2013
- New York City
Alleghany first quarter net and Cimarex net declined 15%. Directv net slipped 6% and Fossil first quarter net soared 24%. Perrigo net fell 3% and Rosetta Resources net climbed 140%. Towers Watson jumped 40%.
- Nigel Thomas
- 07 May, 2013
- New York City
Commerzbank said loss in the first quarter swung to
- Hiruki Nakamura
- 07 May, 2013
- New York City
Stocks in Tokyo played a catch up and the Nikkei index soared 3.6% and closed above 14,000 for the first time since June 2008. Japan Steel Works soared 16% after Japanese company was awarded a nuclear plant order in Turkey.
- Marcus Jacob
- 07 May, 2013
- New York City
Reserve Bank of Australia unexpectedly lowered its official interest rate by 25 basis points to 2.75%. Four largest banks said they will pass the full rate cut to investors. Market indexes rebounded from the low of the day but still closed down for the day.
- Mukesh Buch
- 07 May, 2013
- New York City
Allahabad Bank net plunged 68%. Dabur India expanded manufacturing in Sri Lanka and DEN Networks plans to raise nearly $160 million. Emami net climbed 39% and GSK net surged 38%. Maruti said vehicles production in April dropped 7.6%. Sintex net soared 66%.
- Mukesh Buch
- 06 May, 2013
- New York City
Apollo Global Management first quarter net soared 154%. BMC Software agreed to be acquired by investor group for $6.9 billion. Sysco third quarter net tumbled 42.8% and Westlake Chemical net climbed 40%.
- Nichole Harper
- 06 May, 2013
- New York City
U.S. indexes paused near record levels set last week on the back of easy monetary policy from central banks. Crude oil futures held firm despite a unilateral air strike carried out by Israel. BMC Software agreed in a leveraged buyout that valued the company at $6.9 billion.
- Nigel Thomas
- 06 May, 2013
- New York City
Direct Line Insurance profit after tax in the first quarter climbed 19.5% and Linde first quarter profit surged 10% to
- Nigel Thomas
- 06 May, 2013
- New York City
European markets retreated from five-year highs after retail sales fell and a private survey of factory and service sector showed a decline in output. Linde AG jumped to a 2-decade high on better than expected earnings. Statoil faces higher taxes from Norwegian government.
- Marcus Jacob
- 06 May, 2013
- New York City
Australian markets pared gains and the dollar edged lower and trading volume picked up. Retail sales in March declined unexpectedly 0.4%. Leighton Holdings reaffirmed its full-year earnings outlook. Tabcorp faces one-time charges linked healthcare taxes.
- Mukesh Buch
- 06 May, 2013
- New York City
ACC net surged 189% and Adani Power fourth quarter loss widened. Finolex net jumped 41% and Grasim profit rose 1%. Kansai Nerolac net surged 173% and Titan net climbed 28%. The Great Eastern Shipping net surged 70%.
- Mukesh Buch
- 03 May, 2013
- New York City
Automatic Data Processing said third quarter net slid 7%. AIG first quarter net declined 31% and Duke net surged 115%. InvenSense surged as sales and net climbed. LinkedIn net surged more than four-fold. Moody
- Nichole Harper
- 03 May, 2013
- New York City
The U.S. economy added 165,000 net new jobs in April and jobless rate fell to 7.5% and March and February data were revised higher. S&P 500 index crossed 1,600 after 13 years crossing 1,500 and the narrow Dow Jones crossed 15,000 for the first time.
- Nigel Thomas
- 03 May, 2013
- New York City
adidas first quarter net climbed 7% to