- Nichole Harper
- 31 Oct, 2014
- New York City
U.S. and world markets advanced after the Bank of Japan in a surprise move expanded its already large stimulus program and the government controlled pension fund announced plan to increase exposure to stocks. Japanese yen dropped to a seven-year low. Oil and gold continue to slide.
- Mukesh Buch
- 31 Oct, 2014
- New York City
Chevron net soared 13% to $5.6 billion but revenue declined 7%. Exxon Mobil net rose 3% and revenue fell 4%. Hilton Worldwide profit and total revenues jumped 7%. Mohawk net climbed 7%. Rockwell Collins net surged 96%. Starbucks net swung to profit.
- Nigel Thomas
- 31 Oct, 2014
- New York City
AB InBev net declined 5% to $2.3 billion but revenue rose 2%. BNP Paribas revenues dropped 4% and the French back set aside
- Hiruki Nakamura
- 31 Oct, 2014
- New York City
The Bank of Japan in a surprise move expanded its already large asset purchase program and stepped up its fight against entrenched deflationary forces. The BOJ also lowered its estimate for inflation. In addition, the GPIF announced its plan to increase allocation to stocks and alternative assets.
- Marcus Jacob
- 31 Oct, 2014
- New York City
Australian market indexes marched higher and the ASX 200 index extended weekly gain by 0.9% to 1.9%. The benchmark index soared 3.4% in the month after investors turned positive despite the recent collapse in energy prices. ANZ annual net rose 10%. Macquarie first-half net soared 35%.
- Mukesh Buch
- 31 Oct, 2014
- New York City
Advanta quarterly profit surged 981%. Airtel net soared 170%. GAIL net climbed 42%. JK Cement net and revenue jumped. NTPC net slipped 17% on 1% increase in revenues. Procter & Gamble net and revenues rose. Union Bank and Whirlpool net surged.
- Mukesh Buch
- 30 Oct, 2014
- New York City
Avon and Incyte net swung to profit. Catamaran net jumped 12%. Facebook profit almost doubled on 58% increase in revenue. Harman Intl net soared 79%. Kellogg net declined 31%. MasterCard profit and revenue soared. Visa net plunged 10% but revenue jumped 9%.
- Hiruki Nakamura
- 30 Oct, 2014
- New York City
Stocks in Tokyo closed higher and the yen dropped after the U.S. dollar at strongest since October 6. Daiwa Securities said second-quarter earnings increased 4.4% on higher underwriting fees and trading income. Japan Tobacco sales increased 1.3% and net declined 7.4%.
- Nigel Thomas
- 30 Oct, 2014
- New York City
Bayer lifted revenue forecast and net soared 13% to
- Marcus Jacob
- 30 Oct, 2014
- New York City
Australian market indexes gained despite the international terms of trade worsening in September. New home sales in the month were nearly unchanged from August. Echo Entertainment soared on positive outlook.
- Mukesh Buch
- 30 Oct, 2014
- New York City
ACC quarterly profit surged 62%. Castrol India net rose 13%. Emami profit climbed 16%. ICICI Bank net and revenue soared 15%. Maruti Suzuki net jumped 29% on 18% increase in revenues. Mphasis and Tech Mahindra net rose. YES Bank profit soared 30%.
- Hiruki Nakamura
- 29 Oct, 2014
- New York City
Stocks in Tokyo closed higher after domestic companies reported better than expected earnings. Investors also took a positive view on the outlook for the stimulus in Europe and estimated rates in the U.S. will remain low in the U.S.
- Mukesh Buch
- 29 Oct, 2014
- New York City
Carlyle Group net surged but revenue plunged. Eaton profit soared 18%. Hess net surged 140%. Hershey net dropped 4%. Hyatt profit tumbled 42% but revenue climbed 7%. McGraw Hill Financial declined 11% while revenues soared 10%.
- Marcus Jacob
- 29 Oct, 2014
- New York City
Australian market indexes closed down and the Aussie dollar gained against the U.S. dollar. Commodities prices traded mixed and oil and gold edged up. JB Hi-Fi Limited soared after the company retained its sales guidance despite recent monthly sales weakness.
- Nigel Thomas
- 29 Oct, 2014
- New York City
Deutsche Bank net swung to a loss to