- Nigel Thomas
- 30 Jul, 2013
- New York City
Barclays net in first-half swung to
- Marcus Jacob
- 30 Jul, 2013
- New York City
Australian indexes rebounded from the low and barely closed higher after supportive comments from Reserve Bank governor. New home approvals in Australia plunged 13% from a year ago. Leighton won a $2.8 billion contract to build casino in Macau.
- Mukesh Buch
- 30 Jul, 2013
- New York City
City Union Bank net climbed. Geometric profit soared 39% as revenue jumped. Havells India net soared 18%. IPCA Laboratories net surged 67%. Jaypee Infratech profit in the first quarter plunged 61% and Merck net declined 17%.
- Nichole Harper
- 29 Jul, 2013
- New York City
U.S. market indexes were on the decline and index of pending existing home sales fell from a seven year high. Banks and financial stocks gained. On merger Monday, Saks agreed to a $2.4 billion deal. Two advertising giants, France based Publicis and New York based Omnicom agreed to merge.
- Hiruki Nakamura
- 29 Jul, 2013
- New York City
Stocks in Tokyo fell sharply after investors turned cautious ahead of the flood of earnings in the week and the yen gained. Investors also shied away from risk assets as lawmakers are not scheduled to meet for the next six weeks.
- Mukesh Buch
- 29 Jul, 2013
- New York City
CNA Financial net jumped 17%. Franklin Resources net fell 3%. Loews net climbed nearly four-fold. Perrigo agreed to acquire Elan Corp for $8.6 billion. Saks agree to be acquired by Hudson''s Bay Co for $2.9 billion. Roper net slid 3% and Wynn Resorts profit dropped 6%.
- Nigel Thomas
- 29 Jul, 2013
- New York City
Danone said underlying net income for the period slid 1%. Essilor agreed to acquire its stake in Transitions Optical venture from PPG. Hiscox profit for the period surged 27% to
- Marcus Jacob
- 29 Jul, 2013
- New York City
Australian indexes closed higher in thin trading and more mining companies warned of tougher times ahead. Newcrest Mining credit rating was cut. OZ Minerals announced a one-time charge. Rio Tinto agreed to sell a stake in a copper mine to a China based company.
- Mukesh Buch
- 29 Jul, 2013
- New York City
Colgate India unit net soared. J.K. Cement profit and sales declined. Jaiprakash Associates net and sales surged. UltraTech Cement net fell 13% and sales dropped 2%. Wipro guided a slight increase in current quarter sales.
- Bikram Pandey
- 26 Jul, 2013
- New York City
Samsung Electronics Co said it will invest $18 billion in its memory chip and display businesses in the current fiscal year. Net income, excluding minority interest, increased 50% to 7.58 trillion won.
- Nichole Harper
- 26 Jul, 2013
- New York City
U.S. indexes drifted lower on weaker than expected earnings and a weakness in auto sector dragged market sentiment in Europe. SAC Capital pleaded not guilty to criminal charges and Halliburton agreed to pay maximum statutory fine and also made a voluntary contribution of $55 million.
- Mukesh Buch
- 26 Jul, 2013
- New York City
Amazon.com net swung to loss but revenue and operating expenses climbed. BorgWarner and Helmerich & Payne net surged. Lear and NV Energy profit declined. Stanley Black net jumped 21% and Ventas net soared 55%.
- Nigel Thomas
- 26 Jul, 2013
- New York City
Aon net slid 2%. BSkyB profit for the year climbed. BG Group net surged but Belgacom net slipped. Deutsche Boerse profit declined and LVMH net dropped. Pearson net swung to loss. Vivendi to divest its stake in Activision for
- Hiruki Nakamura
- 26 Jul, 2013
- New York City
Market indexes in Tokyo plunged 2.9% and the yen rebounded. Investors booked profit ahead of corporate earnings. For the week, the Nikkei index declined 3.2%. Nomura Holdings said quarterly profit surged.
- Mukesh Buch
- 26 Jul, 2013
- New York City
Bank of India net climbed as revenue jumped. Bharat Electronics net declined but revenue grew. Dish TV net loss narrowed. HUL net tumbled but revenue increased. PNB non-performing assets surged. Sterlite net plunged.