ticker

Europe Earnings: ARM Holdings, AMS, Credit Suisse, IG Group, Publicis

Nigel Thomas
22 Jul, 2014
New York City

ARM Holdings net surged 88% to

Asian Paints, Exide Net Jump; Thermax Net Plunges 17%

Mukesh Buch
22 Jul, 2014
New York City

Asian Paints net soared 23%. BS secured order worth Rs 69 crore in Andhra Pradesh. Exide profit climbed 17%. Hitachi Home net surged 202%. Nerolac profit soared 20%. Savita Oil declined after net profit tumbled 15%. Thermax net declined 18%. Tata Coffee net plunged 25%.

Ukraine and Israel Conflicts Overshadow World Markets

Nichole Harper
21 Jul, 2014
New York City

U.S. stocks traded lower and Ukraine and Israel bombing overshadowed market sentiment for the second week in a row. European Union stepped up diplomatic pressure on Russia. Russia based Severstal sold its U.S. operations for $1.7 billion.

Steel Dynamics Jumps; AK Steel, BB&T, Hasbro, Manpower Fall

Mukesh Buch
21 Jul, 2014
New York City

AK Steel agreed to acquire Severstal controlled steel plant in Michigan for $700 million. Allergan net soared 16%. BB&T net plunged 22%. Genuine Parts profit slid 9%. Halliburton net surged 20%. Hasbro net fell 8%. ManpowerGroup net climbed 61%. Steel Dynamics acquired Severstal for $1.6 billion.

Julius Baer Profit Surges, Philips Net Plunges on Sales

Nigel Thomas
21 Jul, 2014
New York City

Allocate Software net swung to profit

Australian Resource Stocks Struggle on Weak Iron Ore Prices

Marcus Jacob
21 Jul, 2014
New York City

Stocks in Australia gained but resource stocks were under pressure as smaller iron ore mining companies report larger than expected decline in prices.

India Movers: Reliance Industries Net Jumps 14%, Canara Bank Net Up 2%

Mukesh Buch
21 Jul, 2014
New York City

Canara Bank net rose 2%. HDFC net jumped 10%. Hindustan Zinc net fell 3%. Idea profit surged 57%. RIL profit soared 14%. RPower net grew 2%. RInfra net plunged 10%. Tata Metaliks surged after net swung to profit. UltraTech Cement net declined 6%.

U.S. Indexes Rebound as Investors Focus on Earnings

Nichole Harper
18 Jul, 2014
New York City

Stocks on Wall Street rebounded after investors shifted focus to domestic earnings. Google net rose but the search engine operator struggled to monetize mobile platform traffic. General Electric met earnings expectations and IBM sales declined.

Google Quarterly Net Nearly Matches General Electric Earnings

Mukesh Buch
18 Jul, 2014
New York City

AbbVie agreed to acquire Shire for $54.8 billion. Bank of New York Mellon net plunged 33%. GE profit surged 13%. Google net jumped 6% and revenue soared 22%. Honeywell net rose 8%. IBM profit surged 28%. Johnson Controls plunged 68%. VF Corp net climbed 14%.

Yen Gains and Stocks Fall in Tokyo on Rising Tensions in Europe

Hiruki Nakamura
18 Jul, 2014
New York City

Stocks in Japan fell on the last day of the week and the Nikkei pared weekly advance to 0.3%. Resource and energy explorers advanced after oil rose in international markets on the rising tensions between Russia and Europe. Yaskawa Electric, the robot maker gained 4% on 33% rise in quarterly net.

Shire Accepts $55 B Offer, Asia Drives Hermes Sales

Nigel Thomas
18 Jul, 2014
New York City

Shire accepted

Australian Stock Recover from Early Losses, Santos Sales Rise

Marcus Jacob
18 Jul, 2014
New York City

Stocks in Sydney recovered from early losses as tensions rose between Russia and Europe and Israel offensive also roiled oil market. Santos Limited quarterly sales rose 22%.

India Movers: Wipro Wins a Contract in Canada, Zee Net Falls 6%

Mukesh Buch
18 Jul, 2014
New York City

Bajaj Holdings net soared 18%. Greenply profit surged 34%. MindTree net climbed 31%. Seamec won a five-year contract worth $15 million from ONGC. Wipro secured contracts of ten years from ATCO in Canada and Australia. Zee net declined 6% but revenue jumped 8%.

eBay Rises; AutoNation, Danaher, SanDisk Plunge

Mukesh Buch
17 Jul, 2014
New York City

Baker Hughes net surged 47% on 8% increase of revenue. Danaher net jumped 9%. eBay profit advanced 6% and sales climbed 13%. Morgan Stanley net surged 131%. Philip Morris net declined 13%. SanDisk tumbled on outlook.

Microsoft to Cut 18,000 Jobs and Focus on Mobile and Cloud Computing

Bikram Pandey
17 Jul, 2014
New York City

Microsoft announced its largest job cut in the company''s history and second largest reduction since 2009. The software developer will focus on mobile and cloud computing and retrench from its recently acquired handset maker Nokia Group for $7.2 billion.

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