- Marcus Jacob
- 06 Nov, 2014
- New York City
Australian market indexes turned lower in the afternoon and the Aussie dollar weakened after prices of oil, gold and iron ore declined. News Corp reported stronger than expected first-quarter results. UGL agreed to sell it global property service business DTZ.
- Nichole Harper
- 05 Nov, 2014
- New York City
U.S. stocks extended gains and Republicans regained the control of U.S. Senate after eight years. Republicans are expected to push harder for the revisions in environmental policies, lower corporate taxes and chip away at healthcare law.
- Hiruki Nakamura
- 05 Nov, 2014
- New York City
The broader Topix index in Tokyo gained for the fifth day in a row and market indexes in Japan have advanced more than 8% in the month-so-far. Kakaku.com gained after second-quarter sales and net were ahead of expectations. Suntory Beverage & Food third-quarter net surged 25%.
- Marcus Jacob
- 05 Nov, 2014
- New York City
Australian market indexes trimmed losses in the session in active trading. Common Wealth Bank of Australia reported higher earnings and said bad debt charges are falling and home loan demand is strong on lower interest rates.
- Mukesh Buch
- 05 Nov, 2014
- New York City
Cognizant net soared 11%. Chesapeake Energy net climbed 8%. Duke Energy net surged 27%. Devon Energy net surged 138% on 97% increase in revenue. Enbridge net swung to loss. Time Warner profit tumbled 18%. Tripadvisor plunged 13% after net dropped 4%.
- Mukesh Buch
- 04 Nov, 2014
- New York City
Becton, Dickinson net surged more than three-fold. CVS net plunged 24% while revenue soared 10%. DISH profit tumbled 54% after subscriber count declined. Estee Lauder net plummeted 24%. Michael Kors net surged 42%. Office Depot net declined 78%. Priceline net jumped 27%.
- Nigel Thomas
- 05 Nov, 2014
- New York City
Alstom profit tumbled 31% to
- Mukesh Buch
- 05 Nov, 2014
- New York City
AstraZeneca quarter net loss widened. Berger Paints net climbed 7%. Greaves Cotton net swung to profit. JSPL net fell 2%. HCC and L&T secured orders. Pidilite profit rose 17%. Thermax revenues increased 14% and net nearly tripled. Wockhardt revenues plunges.
- Hiruki Nakamura
- 04 Nov, 2014
- New York City
Market indexes in Tokyo advanced for the second day in a row and extended two-day gains to 7.5% after the surprise move from the Bank of Japan and higher target range for stocks by the government controlled pension fund. Softbank lowered annual earnings outlook.
- Marcus Jacob
- 04 Nov, 2014
- New York City
Australian trade deficit widened after the imports rose faster than exports and retail sales rose more than expected. Reserve Bank of Australia left reference rate at record low 2.5%, where rates have been since August 2013.
- Mukesh Buch
- 03 Nov, 2014
- New York City
American Honda October sales climbed 6%. Chrysler sales surged 22% as jeep and truck sales climbed. Ford sales dropped 2% while GM sales edged up 0.2%. Loews profit plunged 26%. Nissan sales soared 13%. Sysco net fell 2%. Sapient surged after Publicis agreed to buy the company for $3.7 billion.
- Nigel Thomas
- 04 Nov, 2014
- New York City
Associated British Foods profit surged 25% to
- Marcus Jacob
- 03 Nov, 2014
- New York City
Australian markets declined after gold dropped and the Aussie dollar hit a two-month low and Australian building approvals plunged in September 11%. Westpac Banking reported annual cash profit increased 8% and announced final dividend of 92 cents per share.
- Mukesh Buch
- 03 Nov, 2014
- New York City
Ashok Leyland sales in October surged 23% but Bajaj Auto sales were nearly flat. Hero sales declined 8% but TVS Motor sales surged. Maruti Suzuki sales nearly flat 1%. M&M and Tata Motor sales plunged 17%.