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Australain Manufacturing Sector Contracts and Corportate Profit Plunges

Marcus Jacob
01 Sep, 2014
New York City

Australian market indexes closed higher on the first day of September and manufacturing sector index contracted in August and corporate profits plunged nearly 7% in June quarter.

Maruti and Mahindra Report Diverging Auto Sales in India

Mukesh Buch
01 Sep, 2014
New York City

Maruti Suzuki sales in August surged 27% on 29% domestic sales increase. Mahindra & Mahindra August tractor sales jumped 6% but auto sales continue to struggle with weak product line up and lack of customer incentives.

Big Lots Falls Despite Earnings Surprise, Fred's Net Swing to Loss

Mukesh Buch
29 Aug, 2014
New York City

Big Lots net and sales rose 1.7%. Fred''''s net swung to a loss on weak sales data. OmniVision profit surged after revenue climbed 9%. Net 1 UEPS net soared on 55% increase of revenue. Signet Jewelers net declined 14%.

U.S. Stocks Extend Weekly and August Gains, European Markets Fall

Nichole Harper
29 Aug, 2014
New York City

U.S. market indexes are set to advance in the week and in August and European markets declined and the ruble declined to a record low as the Ukraine conflict escalated. U.S. consumer sentiment in August increased to a seven-year high.

Tesco Decline on Profit Guidance, Bwin.party Net Loss Widens

Nigel Thomas
29 Aug, 2014
New York City

Bwin.party net loss widened to

Japan's Unemployment Rate Rises to 3.8%, Inflation Firm at 3.3%

Hiruki Nakamura
29 Aug, 2014
New York City

Stocks in Japan closed lower and the Topix declined 0.6% in the week and fell 0.9% in August. The yen slipped. Unemployment rate in July increased to 3.8%, core consumer price index was unchanged at 3.3% and industrial production declined 0.2%.

Australian Indexes Track Lower Iron Ore Prices, Woolworths Net Rises to $2.5 B

Marcus Jacob
29 Aug, 2014
New York City

Australian market indexes gained after a month of volatile performance and a decline in the week. Iron ore prices declined 8.7% in August and resource stocks fell 5% in the month. Virgin Australia joined Qantas in announcing a large annual loss.

Abercrombie & Fitch, Genesco, Guess, Williams-Sonoma Drop

Mukesh Buch
28 Aug, 2014
New York City

Abercrombie & Fitch net rose 1%. Dollar General net grew 2%. Guess net tumbled 45%. Pall Corp net surged 40% on 12% increase of revenue and lifted its fiscal outlook. Williams-Sonoma net jumped 5% but offered cautious outlook.

U.S. GDP Growth Rate Revised Higher to 4.2%

Mukesh Buch
28 Aug, 2014
New York City

U.S. Gross Domestic Product, the broadest measure of goods and services generated in the economy, increased at a seasonally adjusted annual rate at 4.2%, the Commerce Department reported today.

Global Markets Turn Cautious on UKraine Tensions

Nichole Harper
28 Aug, 2014
New York City

Rising tensions between Russia and Ukraine dragged market sentiment across Atlantic. U.S. indexes have advanced in 11 of the past 14 trading days. However, investors have stayed on sidelines in recent days.

Bouygues Net Surges; Hunting, Playtec, Xaar Net Plunge

Nigel Thomas
28 Aug, 2014
New York City

Bouygues net more than doubled to

Topix Extends Weekly Loss; Toyota, Honda and Nissan Production Rise

Hiruki Nakamura
28 Aug, 2014
New York City

Stocks in Japan declined and extended weekly losses. Narendra Modi, Prime Minister of India is scheduled to visit Japan with a delegation of eighteen billionaires. Toyota, Honda and Nissan report mix domestic sales but worldwide production rises.

Surprise Jump in Australian Capex, Qantas Reports Record $2.8 B Loss

Marcus Jacob
28 Aug, 2014
New York City

Stocks in Sydney declined and capital expenditure in the June quarter rose 1.1% but fell 4% from a year ago. The better than expected total capex masked the difficulty faced by the economy in transitioning from the mining led boom.

Fedders Lloyd Plunged 20%, Jindal Saw in $100 M U.S. Acquisition

Mukesh Buch
28 Aug, 2014
New York City

Fedders Lloyd net plunged 64%. Indraprastha Gas acquired a stake in Maharashtra Natural Gas. Jindal Saw plans to acquire PSL North America for $100 million. Tata Motors challenge the Competition Commission of India.

Tiffany Net Surges 16%, Chico's Net Plunges 45%

Mukesh Buch
27 Aug, 2014
New York City

Analog Devices net rose 3%. Brown-Forman profit jumped 5%. Chico''s net tumbled 45%. Donaldson net was flat but sales climbed 6%. Heico net surged 15%. REX American net soared 278% but sales declined 14%. Tiffany net surged 16%.

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