- Mukesh Buch
- 17 Jan, 2014
- New York City
HDFC Bank net surged 25%. Hindustan Zinc net jumped 7%. ITC net soared 16.3%. MindTree plunged after net declined 31%. Reliance net rose 0.2% to $0.9 billion and revenue jumped 10% to $17.2 billion. TCS net surged 15%.
- Nichole Harper
- 16 Jan, 2014
- New York City
U.S. market indexes drifted lower after weaker than expected earnings from Citigroup, Goldman Sachs and United Health. Best Buy Co plunged nearly one third after sales lagged in holiday period. Weekly jobless claims declined 2,000 last week.
- Mukesh Buch
- 16 Jan, 2014
- New York City
BlackRock net surged 24% and revenue jumped 9%. BB&T net advanced 6%. Best Buy holiday sales dropped. Citigroup fourth-quarter net plunged 17%. Goldman Sachs net climbed 6%. UnitedHealth net surged 15% on revenue increase of 8%.
- Hiruki Nakamura
- 16 Jan, 2014
- New York City
Stocks in Tokyo diverged and market indexes closed higher at close in a volatile trading session. Core machinery orders surged 9.3% in November. Mitsubishi Motors advanced 8% on 154% sales surge in China.
- Nigel Thomas
- 16 Jan, 2014
- New York City
Sports Direct acquired 4.63% stake of Debenhams. Richemont revenues gained 3% to
- Marcus Jacob
- 16 Jan, 2014
- New York City
Australian market indexes rebounded on better-than-expected production reports from mining and energy companies. The Aussie dollar edged lower. Rio Tinto said annual production in Pilbara region increased 5%. Woodside Petroleum sales declined less than expected.
- Mukesh Buch
- 16 Jan, 2014
- New York City
Axis Bank net climbed 19% Bajaj Auto net soared 11%. HCL net jumped 6%. KEC Intl secured orders worth Rs 1,215 crore. LIC Housing Finance net surged 38%. L&T unit secured new orders for Rs 1,000 crore.
- Nichole Harper
- 15 Jan, 2014
- New York City
Market indexes on Wall Street advanced after Bank of America reported better than expected. New York region manufacturing index showed a stronger than expected growth. World Bank lifted its global economic growth estimate.
- Hiruki Nakamura
- 15 Jan, 2014
- New York City
Stocks in Tokyo rebounded after the yen reversed its three-day advance. Market indexes jumped at least 2% after Topix dropped the most since August. Bearings makers and Hitachi Ltd jumped on earnings expectations.
- Mukesh Buch
- 15 Jan, 2014
- New York City
AEP net plunged 54%. Bank of America net surged to $3.44 billion as mortgage losses ease. Fastenal net rose 0.5% and net sales climbed 8%. GM plans to open four plants in China through 2015. Linear Technology net surged 18%.
- Nigel Thomas
- 15 Jan, 2014
- New York City
Burberry said retail revenue surged 14% to
- Marcus Jacob
- 15 Jan, 2014
- New York City
Australian stocks rebounded but trading volume was weak. Loan approvals in November increased 5.5% in Australia and care sales advanced 1.7% in December. Fortescue Metals said it plans to repay its $1.6 billion short term debt ahead of schedule before March.
- Mukesh Buch
- 15 Jan, 2014
- New York City
Bajaj Finance net surged 21% and revenue soared 31%. Bajaj Finserv net climbed 13%. Coal India declared special yearly dividend. McNally secured order for structural work. RIL plans to acquire stake of 11% in Petronas. Yes Bank net surged 21%.
- Nichole Harper
- 14 Jan, 2014
- New York City
Stocks on Wall Street advanced after December retail sales were ahead of expectations and import price index was flat. JPMorgan earnings declined 7% on 2% fall in revenues. Wells Fargo reported 10% increase in earnings.
- Hiruki Nakamura
- 14 Jan, 2014
- New York City
Nikkei index in Tokyo plunged 3.1% and the yen continued its slide after a 3-day market closure. Seasonally adjusted current account balance turned negative for the third month in a row in November. Investors extended purchase of dollar bonds for the fifth month in a row.