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Europe Earnings: Deutsche Bank, Electrolux, KPN, Sandvik, WPP

Nigel Thomas
25 Apr, 2014
New York City

Deutsche Bank plans to sell its shares of about

U.S. Stocks Drift Lower on Weak Earnings from Amazon, Visa and Ford

Nichole Harper
25 Apr, 2014
New York City

Stocks on Wall Street opened lower after Amazon, Ford and Visa reported weak quarterly results overshadowing better than expected sales from Microsoft. U.S. consumer sentiment rose to a nine-month high.

Honda and Komatsu Net Rise, NTT DoCoMo to Buyback $4.9 B Shares

Hiruki Nakamura
25 Apr, 2014
New York City

Honda Motor reported fiscal sales increased 20% and net surged 56%. Komatsu said fiscal year net increased 26% on 3.6% rise in sales. NTT DoCoMo plans to buy back $4.9 billion of its shares and sell its stake in India based venture with Tata.

India Movers: Axis Bank, ACC, Ambuja, Bharti Infratel, ICICI, Maruti

Mukesh Buch
25 Apr, 2014
New York City

Axis Bank announced a stock split of 5-to-1. ACC profit fell 9%. Ambuja Cements net jumped 7%. Bharti Infratel net soared 64%. Cera Sanitaryware profit surged 39%. Exide profit dropped 10%. ICICI Bank net jumped 15%. Maruti Suzuki net plunged 35%.

Apple, Caterpillar, Facebook Jump; 3M, Celgene, Verizon Drop

Mukesh Buch
24 Apr, 2014
New York City

3M net jumped 7%. Apple profit climbed 12% after iPhone sales surged in China. Caterpillar net jumped 5%. Celgene profit declined 27%. Eli Lilly net tumbled 53% and revenue plunged 16%. Facebook net surged 193% after advertising revenue soared 82%. GM net plunged 89%.

U.S. Indexes Trade Sideways, Zimmer to Buy Biomet for $13.4 Billion

Nichole Harper
24 Apr, 2014
New York City

U.S. market indexes quickly dropped to negative zone after opening higher on the back of better than expected earnings from Apple and Facebook and Aetna. General Motors reported weaker earnings weighed down by recalls.

Nikkei in Tokyo Drops 0.9%, JFE Earnings Rise

Hiruki Nakamura
24 Apr, 2014
New York City

Nikkei Index declined 0.9% and the yen traded with a negative bias as investors awaited earnings from domestic companies. JFE Holdings, the steelmaker reported higher fiscal year sales and earnings.

Europe Earnings: Alstom, AstraZeneca, Heineken, Novartis, Technip

Nigel Thomas
24 Apr, 2014
New York City

Alstom surged on speculation that GE may make a $13 billion takeover offer. AstraZeneca net declined 11% to $1.5 billion. Heineken profit tumbled 37% to

Weekly Rise of 1.4% in Australia, Transurban to Raise $2.7 B

Marcus Jacob
24 Apr, 2014
New York City

Australian stocks extended gains for the third day in a row in a short trading week. Transurban plans to raise $2.74 billion to finance its $6.6 billion Queensland Motorways. Atlas Iron Ore shipped record iron ore in the quarter to March.

Boeing, Dow, Delta Air Rise; Biogen, Johnson Controls Fall

Mukesh Buch
23 Apr, 2014
New York City

Boeing net declined 13%. Biogen net climbed 12% and revenue soared 51%. Dow Chemical net surged 75.3%. Delta Air Lines profit soared to $213 million. General Dynamics profit jumped 4% but sales fell 1%. Johnson Controls net soared 59%. Procter & Gamble net rose 2%.

Why Congress Lags in Polls in India?

Arjun Dave
23 Apr, 2014
New York City

For more than six decades people in India cast their votes but rarely managed to get much in return when it came to governance, development and access to basic utilities. Congress Party remains focused on villages and offers little to urban voters as inflation ravages purchasing power.

Europe Earnings: ARM Holdings, AB Foods, Drax, Ericsson, Vopak

Nigel Thomas
23 Apr, 2014
New York City

ARM Holdings net climbed 20% to

U.S. Stocks Struggle, New Home Sales Plunge 14.5% in March

Nichole Harper
23 Apr, 2014
New York City

U.S. stocks struggled and tech stocks traded down ahead of earnings from Apple, Qualcomm and Facebook after the close. Boeing reported higher adjusted earnings and lifted 2014 outlook. Proctor & Gamble reported flat quarterly sales. U.S. new home sales plunged 14.5% in March.

Toyota, Nissan and Honda March Quarter Global Production Surge

Hiruki Nakamura
23 Apr, 2014
New York City

Toyota reported a surge of 6% in global vehicle production to 2.58 million in the quarter to March. Honda global production in the quarter increased 12.4% to 0.4 million and at Nissan rose 10.4% to 0.49 million units. Seibu surged 10% on the first day of trading.

Australian Inflation at 2.9%, Troy Secured $100 M Investments

Marcus Jacob
23 Apr, 2014
New York City

Australian inflation in March increased from a year ago to 2.9% but trailed expectations. Market indexes closed higher 0.7% and a slight improvement in China

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