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Global Markets Surge and U.S. Indexes Near Records on the BOJ Move

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.

Chevron, Hilton, Rockwell Net Climb; Starbucks Net Swings to Profit

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.

BNP Hikes Italy Bad Loans Provision, RBS Net Swings 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

Nikkei Soars 4.8% on a Surprise BOJ Move to Expand Stimulus

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.

Australian Markets Soar 3.4% in September; ANZ, Macquarie Net Rise

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%.

Airtel, GAIL, Whirlpool India Net Surge; M&M, NTPC Net Fall

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.

Incyte, Kellogg, MasterCard, Visa Jump; Avon, Facebook Drop

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%.

Weaker Yen and Earnings Lift Nikkei; ANA, Daiwa, Japan Tobacco in Focus

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%.

Bayer, Barclays, BT Group Net Surge; Eni, Shell Profit Decline

Nigel Thomas
30 Oct, 2014
New York City

Bayer lifted revenue forecast and net soared 13% to

Australian New Home Sales Flat, IAG and NAB in Focus

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.

ACC, Emami, ICICI, Maruti, Tech Mahindra, YES Bank Net Surge

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%.

Nikkei in Japan Surges on Domestic Earnings Reports

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.

Eaton, Hess Net Climb; Hershey and Hyatt Net Fall

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%.

Australian Dollar Trade with Upward Bias, Stocks Close Down

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.

Deutsche Bank Net Swings to Loss; Fiat Chrysler Revenue Surges 14%

Nigel Thomas
29 Oct, 2014
New York City

Deutsche Bank net swung to a loss to

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