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Japan Consumer Spending Plunges 5.2%, GDP Contraction Revised to 6.1%

Hiruki Nakamura
13 Aug, 2014
New York City

Stocks in Tokyo traded sideways after a week of volatile trading and the second quarter GDP contraction was revised to 6.8% from the previous estimate of 6.1%. Consumer spending in the quarter plunged 5.2%.

BHEL Struggles with Revenues, Tata Steel Net Plunges 70%

Mukesh Buch
13 Aug, 2014
New York City

BHEL net tumbled 58% and revenue declined 21%. EIL net plunged 38%. IOC, Sun Pharma, Siemens net swung to profit. NMDC net soared 22%. P&G net surged 73%. Tata Steel net tumbled 70.4%. Tata Power net loss narrowed.

Admiral Group Hikes Dividend, G4S Net Swings to Profit

Nigel Thomas
13 Aug, 2014
New York City

G4S net swung to profit of

Cree Plunges on Estimate, Macy's Cuts Outlook

Mukesh Buch
13 Aug, 2014
New York City

Cree net jumped 6% and lowered its fiscal outlook. Deere & Co net plunged 15%. Fossil net tumbled 22% but sales soared 10%. Hillshire Brands profit climbed 20%. Macy''''s sales and profit jumped 4%. URS surged 31% but revenue declined 7%. WellPoint rename to Anthem.

Flowers Foods Misses Estimates, Nuance Loss Widens

Mukesh Buch
12 Aug, 2014
New York City

AerCap net soared 83%. Acceleron Pharma net swung to a loss. Flowers Foods profit plunged 10% after sales dropped 2%. MannKind and Nuance Communications net loss widened. Towers Watson net slid 1%. Valspar net jumped 4%.

Australian Stocks Rise in Active Trading, Domino's Pizza Store Sales Surge

Marcus Jacob
12 Aug, 2014
New York City

Australian market indexes advanced for the second day in a row on easing geopolitical tensions and firm iron ore prices in international markets. Stock trading turnover also reached near the high in the year-so-far. Domino

Japan Markets Participate in Global Surge, Mixi Soars

Hiruki Nakamura
12 Aug, 2014
New York City

Japan indexes rose for the second day in a row after tensions eased on Ukraine-Russia border. Mixi Inc extended two-day gain to 40% after the social networking site operator lifted first-half outlook. Advertising services provider Dentsu Inc quarterly net loss narrowed.

Jaguar Drives Tata Motors Sales Surge

Mukesh Buch
12 Aug, 2014
New York City

Apollo Hospitals net rose 5%. Aditya Birla Nuvo net tumbled 20%. BPCL profit surged 709%. Britannia net climbed 27%. Eicher Motors net jumped 71%. Motherson Sumi profit surged 124%. Oil India net climbed 40%. PTC India net surged 47%. Tata Motors net surged 213%.

Just Eat, Prudential Net Advance; Ladbrokes Net Plunges

Nigel Thomas
12 Aug, 2014
New York City

BAE Systems secured a contract worth

Kinder Morgan Consolidates in $70 B Merger

Mukesh Buch
11 Aug, 2014
New York City

Dean Foods net narrowed. Hospitality Properties net surged 30. Kinder Morgan consolidates its partner interests in a deal valued at about $71 billion. Priceline net climbed 32%. Sysco profit declined 10% but sales jumped 6%. Techne net dropped 5%.

Nasdaq Rises 1% Following Global Advance Despite Developing Chaos in Iraq

Nichole Harper
11 Aug, 2014
New York City

Global markets powered ahead despite the fast developing chaos in Iraq, persistent military overreach by Israel and simmering tensions on the Ukraine border. China said inflation index increased 2.3%. Prime Minister Recep Tayyip Erdogan won the first direct presidential election in Turkey.

Balfour Beatty Rejected Carillion Bid, Bilfinger Net Drops 19%

Nigel Thomas
11 Aug, 2014
New York City

Balfour Beatty net narrowed to

Nikkei in Tokyo Surges 2.4% on Surprise GPIF Action

Hiruki Nakamura
11 Aug, 2014
New York City

Nikkei Average in Tokyo surged 2.4% after the government controlled pension fund increased equity asset margin limit ahead of expectations. The revision surprised the market and formal target asset allocation is set to be revised in September.

Australian Indexes Halt 6-day Slide, Woodside to Explore Near Gabon

Marcus Jacob
11 Aug, 2014
New York City

Australian markets turned higher after six days of losses in a row. Treasury Wine Estates received second takeover bid. JB Hi-Fi reported annual net increased 10% and earnings met lowered outlook. Woodside Petroleum acquired deep water oil exploration rights off the coast of Gabon.

Godrej, SAIL Revenues Soar; Adani Net Swings to Profit

Mukesh Buch
11 Aug, 2014
New York City

Adani Enterprises net swung to profit on 41% increase of revenue. Bosch net surged 22%. Diamond Power net rose 7%. Emami profit jumped 17% after sales climbed 26%. GAIL (India) net plunged 23%. Godrej net and sales climbed. SAIL net soared 17%.

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