- Hiruki Nakamura
- 23 Jul, 2013
- New York City
The yen in Tokyo declined and market indexes advanced for the second day in a row. Toyota Motor and Nippon Steel and Sumitomo Metals agreed to lift prices for steel sheets. SoftBank gained 5% and Sony advanced 3%.
- Marcus Jacob
- 23 Jul, 2013
- New York City
Australian stocks advanced and the dollar traded near its recent low. Fortescue Metals reaffirmed its annual iron ore output target and plans more cost cuts. Billabong sold its Dakine brand for $70 million and completed its $325 million bridge loan.
- Mukesh Buch
- 23 Jul, 2013
- New York City
Dewan Housing and L&T net jumped as revenue climbed. Fresenius Kabi surged 20% and the company was approved for de-listing its shares. ING Vysya profit soared and Just Dial profit for the year climbed. Shriram Transport net jumped.
- Nichole Harper
- 22 Jul, 2013
- New York City
U.S. market indexes flirted in record territory as more than 150 companies are scheduled to report earnings this week. McDonald
- Mukesh Buch
- 22 Jul, 2013
- New York City
Bank of Hawaii net declined 7% and Federal-Mogul net swung to profit. Gannett net dropped 5% as segment revenues declined. Halliburton profit slipped 8% to $679 million and Hasbro net plummeted 12%. Kimberly-Clark net rose 6%. McDonald
- Nigel Thomas
- 22 Jul, 2013
- New York City
CVC Capital secured investor commitments to
- Hiruki Nakamura
- 22 Jul, 2013
- New York City
In choppy trading Nikkei in TOkyo and yen firmed after the ruling coalition tightened its grip on both houses of parliament. Nippon Paint lifted its annual net income estimate by 21%. Mitsubishi Heavy declined after Southern California Edison alleged company provided defective generator.
- Marcus Jacob
- 22 Jul, 2013
- New York City
Australian indexes closed at a 2-month high on the back of a rally in resource stocks. Precious metal prices gained and Australian dollar edged slightly higher. Origin Energy agreed to acquire 50% participating interest in a drilling project owned by MEO Australia.
- Mukesh Buch
- 22 Jul, 2013
- New York City
Asian Paints net rose 3% and Blue Star net climbed 11%. Bajaj Holdings net soared 27% as other income jumped 93%. Crisil first quarter net climbed 39%. JK Paper net tumbled 90%. L&T profit declined 13%. RIL net soared 18.9% and revenue declined 4.6%.
- Nichole Harper
- 19 Jul, 2013
- New York City
Earnings were in focus on Wall Street. General Electric traded at a 5-year high after earnings were ahead of expectations. Microsoft plunged after it missed revenues and earnings expectations. Intuitive Surgical plummeted 12% after company lowered outlook.
- Hiruki Nakamura
- 19 Jul, 2013
- New York City
Japan is scheduled for upper house election on Sunday and the ruling coalition is expected to win a super majority to end the divided parliament. Resource sector stocks and exporters traded volatile.
- Mukesh Buch
- 19 Jul, 2013
- New York City
BB&T net advanced 7%. General Electric revenue fell and net income was flat at $3.1 billion. Johnson Controls net surged 32% and provides outlook. Microsoft net swung to profit as revenues jumped 10%. Schlumberger profit jumped 16% and Whirlpool net soared 75%.
- Nigel Thomas
- 19 Jul, 2013
- New York City
Electrolux net in the quarter declined 8% as sales slid. John Lewis gross sales plunged 9%. Vopak lowered its fiscal year earnings outlook. UK government plans to sell
- Marcus Jacob
- 19 Jul, 2013
- New York City
Australian stocks traded lower after commodities prices eased and investors took profits. Orica Limited, the maker of explosive systems declined on weak earnings outlook. Santos Limited lowered its annual energy output.
- Mukesh Buch
- 19 Jul, 2013
- New York City
Bajaj Auto net rose only 2.7% and sales declined 2%. Hexaware profit surged 23% as revenue jumped 6%. HDFC net soared 17% to Rs 1,173 crore. Mastek profit plunged and revenue slid. Tata Consultancy Services net climbed 6%.]