- Marcus Jacob
- 02 Feb, 2015
- New York City
Australian stocks extended rally for the eighth day in a row and investors speculated on interest rate cut decision. Home prices continued to rise across Australia and Melbourne. JB Hi-Fi forecasted flat annul earnings. Kathmandu said first-half sales were lower than expected.
- Mukesh Buch
- 02 Feb, 2015
- New York City
Ashok Leyland said January total auto sales soared 36% but Bajaj Auto sales slipped 9%. Bharat Forge net more than doubled. Eicher Motors sales climbed 25% while M&M tractor sales fell 26%. Tata Motors sales rose 5%. Tech Mahindra net rose 12%.
- Nichole Harper
- 30 Jan, 2015
- New York City
U.S. economic growth in fourth quarter was 2.6% and for all of 2014 was 2.4%. Stocks on Wall Street traded lower after slower than expected growth in the quarter. Russian ruble plunged 4% after central bank abruptly lowered rate by 200 basis points.
- Mukesh Buch
- 30 Jan, 2015
- New York City
Amazon.com net declined 11% but revenues jumped 15%. Biogen profit surged 93%. Chevron net tumbled 30% on 18% decline in revenues. Eli Lilly net plummeted 41% and revenues declined 12%. Google revenues and net soared. MasterCard net surged 29%. Xerox profit tumbled 49%.
- Hiruki Nakamura
- 30 Jan, 2015
- New York City
Stocks in Tokyo closed higher after industrial production jumped 1% and inflation was below target set by the Bank of Japan. Jobless rate in December was unchanged at 3.4% and housing starts dropped 9%, first monthly decline in five years.
- Marcus Jacob
- 30 Jan, 2015
- New York City
Resource stocks led the gainers in Sydney and market indexes extended advance for the seventh day in a row. Aussie dollar edged how on the growing speculation that the Reserve Bank of Australia may lower rate sooner than expected.
- Nigel Thomas
- 30 Jan, 2015
- New York City
BT Group profit surged 12% to
- Mukesh Buch
- 30 Jan, 2015
- New York City
Market indexes in Mumbai drop 1.7% led by a sharp plunge in bank stocks. Government of India lowered its stake in the largest coal miner to 80%. Bank of Baroda lifted its bad loan reserves and net plunged 68%. HCL Tech net rose 2%. ICICI climbed 14%. IDFC net slipped 16%. NTPC net gained 7%.
- Mukesh Buch
- 29 Jan, 2015
- New York City
Abbott net surged 54%. Colgate-Palmolive net climbed 11% while sales dropped. ConocoPhillips net swung to a loss. Dow Chemical net plunged 24%. Harley-Davidson net fell 1% on flat revenues. Qualcomm profit jumped 5%. Visa net declined 10%.
- Nigel Thomas
- 29 Jan, 2015
- New York City
Diageo net plunged 18% to
- Marcus Jacob
- 29 Jan, 2015
- New York City
Australian dollar held firm but analysts raised the prospect of the currency to drop as low as 72 U.S. cents. Fortescue Metals reported 47% increase in shipment in the first-half and also cut in half its planned capital spending but said production cost is expected hover near $25 a ton.
- Hiruki Nakamura
- 29 Jan, 2015
- New York City
Nikkei in Tokyo fell more than 1% after seasonally adjusted monthly retail sales slipped 0.3% in December. In addition, stocks fell after U.S. Fed in its statement cited weak global economic growth. Skymark Airlines plunged 25% after filing bankruptcy protection. Nintendo tumbled 8%.
- Mukesh Buch
- 29 Jan, 2015
- New York City
Asian Paints said net rose 15%. Alstom net and revenue declined. HDFC Bank net advanced 11%. Just Dial net increased 8% on 21% increase in revenues. Pidilite net soared 28%.
- Nichole Harper
- 28 Jan, 2015
- New York City
Stocks on Wall Street traded sideways ahead of Fed decision on interest rate and oil prices extended weekly and losses in the year so far. European markets traded lower after market indexes in Athens plunged 9% and banks extended weekly losses to 44%.
- Mukesh Buch
- 28 Jan, 2015
- New York City
Apple net surged 38% on 30% increase in revenues. AT&T net swung to a loss of $3.9 billion. Boeing profit jumped 19%. General Dynamics net soared 42%. Yahoo soared 109% and will spin off its remaining stake in Alibaba.