- Hiruki Nakamura
- 16 Aug, 2013
- New York City
Stocks in Tokyo closed lower trimmed the weekly gain. Trading on exchanges declined near the low of the year and the yen was stable. Investors sold across Asia and adjusted to a growing possibility of earlier than expected stimulus tapering in the U.S.
- Marcus Jacob
- 16 Aug, 2013
- New York City
Australian markets extended losses and indexes fell 1.2% in the week. ANZ Banking Group said cash profit rose 7% to $4.8 billion but said net interest margins are narrowing. Santos Limited said net first-half net increased 3%. APN News Media rebounded to profit.
- Mukesh Buch
- 16 Aug, 2013
- New York City
Aspen Tech net swung to profit after revenue jumped. Applied Materials net tumbled 23% as sales plunged 15%. Dell net plummeted 72% and revenue flat. Nordstrom net soared 18% and sales climbed 4.4%.
- Mukesh Buch
- 16 Aug, 2013
- New York City
Gujarat Fluoro net and sales tumbled. Jain Irrigation loss widened. Kingfisher net loss widened and accumulated to Rs 17,180.37 crore. Nalco profit plunged 28.4% as revenue declined. Renuka Sugars net swung to loss. Whirlpool net and sales dropped.
- Nigel Thomas
- 16 Aug, 2013
- New York City
ASDA said second quarter comparable sales rose 0.7%. Maersk profit for the year declined 13% to 4.89 billion kroner as revenue dropped 9% and estimated global demand for ocean freight to rise 2% to 3%. Telekom Austria plan to sell new equity worth
- Nichole Harper
- 15 Aug, 2013
- New York City
U.S. market indexes declined after Cisco and Wal-Mart earnings some investors. Weekly jobless claims dropped to the lowest since October 2007 and consumer price index in July increased at a modest pace of 0.2%.
- Hiruki Nakamura
- 15 Aug, 2013
- New York City
Volatile market indexes plunged in Tokyo in thin trading after finance minister Aso confirmed that corporate tax rate is not likely to be overhauled. The yen strengthened and trading volume on stock exchanges dropped near the yearly low. Gree soared after quarterly results.
- Marcus Jacob
- 15 Aug, 2013
- New York City
Australian market indexes traded sideways and trading volume increased. Retail and resource sector conglomerate Wesfarmers Limited said full-year net income increased 6.3% and $579 million capital return to shareholders. The wealth manager AMP Limited said first-half net increased 6%.
- Mukesh Buch
- 15 Aug, 2013
- New York City
Cisco net soared 18% as revenue jumped. Kohl
- Nigel Thomas
- 15 Aug, 2013
- New York City
Cineworld profit surged as sales soared 22%. H & M Hennes said comparable sales in July slid 1%. Oriflame Cosmetics plunged 27%. Ophir Energy net loss in the first-half narrowed. Zurich Insurance profit slid 17% to $1.85 billion.
- Nichole Harper
- 14 Aug, 2013
- New York City
U.S. indexes traded lower and wholesale price index was unchanged in July and core price index increased 0.1%. Gold price increase 0.9%. Apple Inc extended 3-day rally to 11% after Carl Icahn announced a stake of $1 billion. Steinway Musical agreed to go private for $512 million.
- Hiruki Nakamura
- 14 Aug, 2013
- New York City
Market indexes in Tokyo increased for the second day in a row. The yen declined 2% and traded above 98 against one dollar. Recruit Holdings acquired the largest executive search company in India. Australian franchise of Domnio
- Marcus Jacob
- 14 Aug, 2013
- New York City
Australian indexes closed lower in below average trading. Wage price index increased 0.7% in the second quarter to June and rose 3% from a year ago. Carsales.com Limited lifted its annual profit outlook by 17%. CSL Limited first-half net increased 19%.
- Mukesh Buch
- 14 Aug, 2013
- New York City
Cree net and revenue surged. Deere net soared 52%. Macy
- Nigel Thomas
- 14 Aug, 2013
- New York City
BMW climbed 9% to