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Nikkei Extends Losses; Asahi Sales Rise 10%, Idemitsu Kosan Net Plunges

Hiruki Nakamura
02 May, 2014
New York City

For the week, the Nikkei index slipped 0.4% and investors reacted to domestic earnings. Asahi fiscal year sales increased 10%. Axial Retailing annual net surged 39%. Idemitsu Kosan annual revenues rose 15% but net plunged 28%.

Australian New Home Sales Rise 5.8%, Macquarie Annual Net Soars 49%

Marcus Jacob
02 May, 2014
New York City

Australian stocks closed higher and for the week the benchmark index declined 1.3%. Stock trading turnover was dipped below 60-day average and investors focused on domestic earnings. Myer quarterly sales declined 1%. Macquarie Group annual net income soared 49%.

India Movers: Bata, HCC, HeidelbergCement India, Merck, NOCIL

Mukesh Buch
02 May, 2014
New York City

Bata India net rose 2% and revenue climbed 9%. HeidelbergCement India net swung to profit after sales soared. KEC Intl net swung to a profit. Merck profit climbed 75%. NOCIL net tumbled 55% but sales surged 46%. Shriram City Union Finance net soared 20%.

India Car Sales Struggle and Motorcycle Sales Rise

Mukesh Buch
02 May, 2014
New York City

Bajaj Auto total sales in April dropped 4% but export climbed 16%. Hero Motocorp sales climbed 14%. Maruti Suzuki total sales declined 11.4% after domestic sales plunged 13% and passenger car sales dropped 14%. M&M auto sales declined 12%. TVS sales climbed 15%.

MasterCard Jumps; Domino's Pizza, Kellogg Fall

Mukesh Buch
01 May, 2014
New York City

Becton, Dickinson net and revenue rose 4%. BorgWarner net jumped 12%. ConocoPhillips net slid 0.9%. Domino''s sales and profit climbed Exxon Mobil net dropped 4%. Kellogg net surged 30%. MasterCard net and revenue climbed 14%.

Europe Earnings: BSkyB, Lloyds, Rolls-Royce, Shire, Serco Group

Nigel Thomas
01 May, 2014
New York City

BSkyB net declined 15% to

U.S. Weekly Jobless Claims Rise, World Markets Ease on China Slowdown

Nichole Harper
01 May, 2014
New York City

U.S. stocks struggled and maintained downward bias after weekly jobless claims increased more than expected. Also, world markets were on the defensive after the latest manufacturing data confirmed slowing Chinese economy. Exxon Mobil and MasterCard reported higher earnings.

Earnings in Japan Support Market Advance; ANA, Kawasaki Kisen, Seiko Rise

Hiruki Nakamura
01 May, 2014
New York City

Broader market averages gained to a 3-week high and domestic earnings were in focus. Kyushu Electric and Hokkaido Electric Power gained after the companies said a government-backed bank will invest in utilities. Seiko Epson swung to profit. Kawasaki Kisen Kaisha reported higher earnings.

Australian Stocks Drop 0.7%; ANZ Lifts Dividend, Mirvac Lifts Outlook

Marcus Jacob
01 May, 2014
New York City

Australian stocks opened lower and steadily lost ground in active trading. The Aussie dollar firmed up and traded above 93 U.S. cents. ANZ Banking Group said first-half earnings increased 11% and lifted its dividend. Lynas Corp reaffirmed its annual production outlook.

U.S. GDP Growth Stalls, As Promised Fed Trims Bond Purchases

Nichole Harper
30 Apr, 2014
New York City

U.S. growth slowed to 0.1% in the first quarter as harsh winter weather affected investment plans and exports declined. Personal consumption has been driving the economic growth but stagnating wages and weak employment is likely to keep the economic growth in check. Fed trims bond purchase again.

International Paper Rises; eBay, Exelon, Glaxo, Twitter Decline

Mukesh Buch
30 Apr, 2014
New York City

eBay net swung to a loss but sales soared 14%. Exelon net swung to a profit and revenue climbed 19%. Glaxo profit plunged after sales declined. International Paper net swung to a loss. Time Warner profit climbed 71%. Twitter net loss widened.

Europe Earnings: BBVA, Daimler, Glaxo, Heritage Oil, Total

Nigel Thomas
30 Apr, 2014
New York City

BBVA net tumbled 64% to

Daiwa, Nomura, JAL Earnings in Focus in Japan

Hiruki Nakamura
30 Apr, 2014
New York City

Nikkei index in Tokyo close higher and investors focused on domestic earnings. Daiwa Securities and Nomura Holdings reported a sharp jump in annual earnings. Fujitsu Limited quarterly net swung to profit. Japan Airlines annual net revenues increased 5.7%.

Australia: Aurizon Net Falls, Woolworth Sales Rise 5.3%

Marcus Jacob
30 Apr, 2014
New York City

In active trading, Australian stocks edged lower and the Aussie dollar held firm. Aurizon Holdings transported 11% more in the third-quarter but net declined. Woolworths third-quarter sales increased 5.3%.

India Movers: Bharti Airtel, BASF, CEAT, Kotak, Marico, Welspun

Mukesh Buch
30 Apr, 2014
New York City

Alstom T&D net climbed 17%. Bharti Airtel net and sales surged. BASF India net tumbled 51% but sales soared. CEAT net fell 4%. Kotak Mahindra profit dropped 7%. Shriram Transport Finance net declined 18%. Welspun net surged.

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