- Nichole Harper
- 01 Aug, 2013
- New York City
U.S. stocks jumped on the first day of August as financial, industrial and consumer sector stocks led the advance. Weekly jobless claims declined more than expected and manufacturing sector advanced. Construction spending weakened. European central banks left rates unchanged.
- Mukesh Buch
- 01 Aug, 2013
- New York City
Allergan sales rose 10% and net surged 22%. Allstate net grew 3%. CBS net climbed 11% as revenue jumped 12%. MetLife revenue surged but net declined. Procter & Gamble net plunged 48%. Time Warner Cable net jumped 6%.
- Nigel Thomas
- 01 Aug, 2013
- New York City
AstraZeneca revenue and profit declined. Aggreko profit-before-tax for the first-half slid 3% to
- Hiruki Nakamura
- 01 Aug, 2013
- New York City
Stocks in Tokyo soared after short sellers covered positions and earnings announcements picked up momentum. The official read on Chinese manufacturing showed slight expansion. Mitsubishi UFJ and Mizuho are the two latest banks reporting higher earnings. Sony sales rose on weaker.
- Marcus Jacob
- 01 Aug, 2013
- New York City
Australian indexes gained after home prices rose for the second month in a row in July. The dollar dropped to a 3-month low after consumer price index increased at a slower pace of 0.6% in the second quarter. Australian manufacturing industry showed a shrinkage in July.
- Mukesh Buch
- 01 Aug, 2013
- New York City
Adani Ports net surged 51%. Adani Power net loss widened. BOB profit grew 3%. Cummins net slid 8% and Castrol net climbed 27%. Glaxo net advanced 12.5%. M&M July sales dropped 21%. Maruti profit surged 49% as sales rose but export declined. Titan net jumped.
- Nichole Harper
- 31 Jul, 2013
- New York City
Stocks on Wall Street advanced after the first estimate for the second quarter economic growth showed an increase of 1.7%. A survey of private sector showed an increase in payrolls by 200,000. Comcast, Symantec and Garmin and MasterCard jumped after earnings reports.
- Hiruki Nakamura
- 31 Jul, 2013
- New York City
In volatile trading indexes closed down for the second day this week and fell 1.3% in the month. Honda Motor net declined. Takara Holdings plunged 10% on quarterly loss. Hitachi Ltd revised its first-half estimate by 50%. KDDI net surged 90%.
- Mukesh Buch
- 31 Jul, 2013
- New York City
BP net swung to a profit. Cummins net plunged 11%. Comcast net soared 28% and Exelon profit surged 71%. Humana net climbed 18%. Hess net surged 161%. MasterCard net soared 19%.
- Nigel Thomas
- 31 Jul, 2013
- New York City
BP net swung to a
- Marcus Jacob
- 31 Jul, 2013
- New York City
Australian indexes closed higher and finished the month with a surge of 5.2%. Precious metals and resource sector stocks were in focus in the month after gold price trended lower and more mining companies delay new projects and cut spending. Potash price collapse will put a new hurdle to BHP plans.
- Mukesh Buch
- 31 Jul, 2013
- New York City
Bharti Airtel net dropped but revenues climbed. HCL Tech profit soared as revenue jumped. ICICI Bank net climbed 25% and non-performing assets surged. IFCI profit plunged 41% as revenues declined 16%. JSW Steel swung to loss. MCX net declined 7%.
- Nichole Harper
- 30 Jul, 2013
- New York City
U.S. stocks traded higher on better than expected earnings from Eastman Chemicals and Herbalife and Goodyear Tire. Community Health agreed to buy Health Management for $3.9 billion. Potash market was rocked after a Russian cartel collapsed and stock price of three leading makers in North America plunge.
- Mukesh Buch
- 30 Jul, 2013
- New York City
Aetna revenue and profit soared. Coach quarterly net declined 12%. Chrysler cuts profit outlook and shipment. Fidelity net plunged 30% and Pfizer surged more than four-fold. Sprint net loss widened and Western Union net plunged 27%.
- Hiruki Nakamura
- 30 Jul, 2013
- New York City
Investors focused on earnings and the direction of yen trading. Kawasaki Kisen Kaisha soared on earnings outlook, Softbank reported a rise in subscriber base after close and Daiwa Securities reported record first-quarter earnings. Industrial production decreased 3.3% in June.