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Market Update

Construction Companies Lead Nikkei's Advance in Tokyo

Hiruki Nakamura
28 May, 2014
New York City

Nikkei in Tokyo advanced and the year traded near 2-month high and construction companies were in focus on the expectations of city development tax incentives. Senko Co said annual sales and net income rose.

Australian Indexes Struggle Near 6-Year High

Marcus Jacob
28 May, 2014
New York City

Australian market indexes closed at six-year highs on the strength in banks. Precious metal miners declined after spot gold price dropped 2% to a three-month low. Qantas plans to eliminate 450 call centre jobs in Australia.

India Movers: Apollo, Havells, JSW Steel, Jet Airways, Oil India, SCI

Mukesh Buch
28 May, 2014
New York City

Apollo Hospitals net jumped 7%. Havells India profit climbed 25%. Hawkins net soared. JSW Steel net surged 63%. Jet Airways net loss widened. Oil India net and sales plunged. SAIL profit edged up. SCI surged after net swung to profit. Thermax profit dropped 8%.

Pilgrim

Mukesh Buch
27 May, 2014
New York City

AutoZone net climbed 7% and net sales jumped 6%. Bank of Nova Scotia profit surged 17%. Frontline net loss narrowed. Hillshire Brands received unsolicited offer from Pilgrim''s Pride for $5.7 billion. Intuit agreed to acquire Check Inc for $360 million.

Mergers Dominate Wall Street Trading, Durable Goods Orders Rise in April

Nichole Harper
27 May, 2014
New York City

Stocks on Wall Street opened higher and Pilgrim

Europe Earnings: Accor, AstraZeneca, A.G. Barr, Lloyds Banking, Ophir

Nigel Thomas
27 May, 2014
New York City

Accor agreed to acquire 100 hotels in Europe for

Stocks in Japan Rest, Mitsui Fudosan to Raise $3.6 Billion

Hiruki Nakamura
27 May, 2014
New York City

Stocks in Tokyo opened higher but market indexes trimmed the day

Australian Indexes Down on Suncorp Write-down

Marcus Jacob
27 May, 2014
New York City

Australian market indexes meandered in the session and trading turnover was near the low of the year so far. Suncorp announced a $500 million write-down and estimated difficult time for the industry. Donaco International plunged 10% on rising tensions in Vietnam.

India Movers: Bharat Forge, Dish TV, GAIL, Power Finance, Wockhardt

Mukesh Buch
27 May, 2014
New York City

Bharat Forge net and sales climbed. Dish TV net loss widened. GAIL (India) profit climbed 57%. Jaypee Infratech tumbled after net and sales declined. Jubilant Life Sciences net swung to profit. Power Finance net jumped 9%. TV18 net surged. Wockhardt net plunged 78%.

Hewlett-Packard, Nordson Advance; Buckle, Dollar Tree Drop

Mukesh Buch
23 May, 2014
New York City

Buckle net flat on 0.7% sales fall. Children''s Place net plunged 30%. Dollar Tree net fell 3%. Hewlett-Packard net climbed 18%. Nordson profit jumped 3%. Sears net loss widened.

Fresh Market, GameStop Climb; Aeropostale, Hibbett Sports Decline

Mukesh Buch
22 May, 2014
New York City

Aeropostale net loss widened as sales declined. Best Buy net swung to profit but sales dropped. Foot Locker net climbed 17%. Fresh Market net plunged 24%. Gap net tumbled 22%. GameStop profit surged 24%. Hibbett Sports net jumped 8%.

Netflix, Rises; American Eagle, Salesforce.com, Target, Tiffany Fall

Mukesh Buch
21 May, 2014
New York City

American Eagle net plunged 86% on 4% sales decline. Lowe

Europe Earnings: easyHotel, Go-Ahead, Quintain Estates, Smiths Group

Nigel Thomas
23 May, 2014
New York City

easyHotel plans to raise

India Movers: Ashok Leyland, Colgate, GSPL, ITC, Jain Irrigation

Mukesh Buch
23 May, 2014
New York City

Ashok Leyland net climbed but sales plunged. Asian Star net jumped 65%. Colgate profit and revenue climbed. GSPL profit plunged 43%. ITC net soared 18%. Jain Irrigation net climbed 95%. JK Lakshmi Cement surged 59%.

Nikkei in Tokyo Extends Weekly Gains

Hiruki Nakamura
23 May, 2014
New York City

Nikkei in Tokyo extended weekly gains and investors focused on domestic earnings. Sony CEO vowed to completed restructuring and focus on new emerging technologies. Senshukai Co said annual net soared on sales increase of 8%.