ticker

Acuity Brands, Intuitive Surgical, MannKind Rise; UniFirst Plunges

Mukesh Buch
02 Apr, 2014
New York City

Acuity Brands net soared 32% after sales climbed 12%. Jos. A. Bank net slipped 4%. Monsanto net surged 13% and sales jumped 7%. UniFirst net fell 4% but revenues rose 3%.

Europe Earnings: Asos, Deutsche Post, Domino

Nigel Thomas
02 Apr, 2014
New York City

Asos net declined 21% but revenue surged 34%. Deutsche Post lifted its earnings outlook. Domino''''s Pizza Group March sales climbed 15% to

Nikkei Extends Rally; Toyota, Nissan U.S. Sales Rise, Honda Sales Lag

Hiruki Nakamura
02 Apr, 2014
New York City

Stocks in Tokyo closed higher and extended rally to the second week and the yen eased. Toyota said U.S. sales increased 4.9% in March. Nissan sales rose 8% and Honda sales declined 2%. Hokkaido Electric extended two-day loss to 15%. Fast Retailing March same store sales increased 0.6%.

Australian Building Approvals Fall 5%; Goodman Fielder, Noni B Plunge

Marcus Jacob
02 Apr, 2014
New York City

Australian stocks closed higher in weak trading volume. Building approvals in February fell 5% on the month and surged 23% from a year ago. Goodman Fielder issued a profit warning. Noni B said quarterly sales dropped 14% and said the retailer is working to lower costs.

India Movers: Ashok Leyland, Ashoka Buildcon, BEL, Bajaj Auto, Il&F, RIL

Mukesh Buch
02 Apr, 2014
New York City

Ashok Leyland said sales in March declined 27%. BEL reported provisional turnover of Rs 6,180 crore. Bajaj Auto March sales edged up and year sales declined 9%. Il&Fs won order worth Rs 176 crore. RIL received $500 million in financing from EDC Canada.

S&P 500 index at New Intra-day High, U.S. Auto Sales Advance

Nichole Harper
01 Apr, 2014
New York City

Market indexes in New York traded higher and private manufacturing index showed a slight expansion. Auto sales rebounded slightly in March after struggling for two months on harsh weather conditions. Intuitive Surgical gained on FDA approval.

Chrysler March Sales Climbs 13%, Ford Sales Up 3%

Mukesh Buch
01 Apr, 2014
New York City

Checkpoint and Gencorp net loss narrowed. Chrysler said March sales were the best since 2007 and climbed 13%. Ford sales rose 3%. Toyota sales climbed 4.9%. Verint Systems earnings rose 4%.

Tokyo Stocks in 8-day Rally, Manufacturing Sentiment Improves in Japan

Hiruki Nakamura
01 Apr, 2014
New York City

Stocks extended rally to the eighth day in Tokyo and construction and airlines stocks participated in the advance. Office products retailer reported March month sales increased 31%. Software developer Jastec reported net income surge of 45% on 10% increase in sales.

Europe Earnings: Alstom, BHP, GKN, Osram Licht, Weir

Nigel Thomas
01 Apr, 2014
New York City

Alstom sold its steam auxiliary unit to Triton for

Australia Holds Rate for the 7th Time, BHP to Spin-off $20 B of Assets

Marcus Jacob
01 Apr, 2014
New York City

Stocks in Sydney pared most of the 1% loss at the opening after two manufacturing reports indicated mixed picture of manufacturing sector in China. Reserve Bank of Australia held benchmark interest rate for the seventh time in a row and noted a solid expansion in the housing market.

India Movers: Gati, Kalpataru, KEC Intl, Maruti, M&M, TVS

Mukesh Buch
01 Apr, 2014
New York City

Gati surged after Japan-based Kintetsu World acquired 5% stake. Kalpataru Power secured new orders aggregating to more than Rs 700 crore. KEC Intl sold 7.3 acres of land to Tata Housing. Maruti sales in March dropped 6% and for the year fell 1%. M&M tractor sales in March rose 2%.

Yellen Comments Supports Market Rise, Euro Inflation Drops to 40-Month Low

Nichole Harper
31 Mar, 2014
New York City

U.S. stocks gained and market indexes advanced after Fed Chairwoman offered strong support for the economic stimulus. The tone of the support was welcomed by investors but Yellen

J&J Sells Ortho-Clinical unit for $4 B to Carlyle

Mukesh Buch
31 Mar, 2014
New York City

AT&T directors authorized 300 million shares repurchase plan. Cal-Maine net surged 39% and sales climbed 10%. InterOil net swung to a loss. J&J agreed to sell its Ortho-Clinical unit to Carlyle Group for $4 billion. UTi Worldwide net loss narrowed.

Europe Update: Babcock, Glencore, ING Groep, Quindell, Telekom Austria

Nigel Thomas
31 Mar, 2014
New York City

Babcock won

Nikkei Leads World Markets in Quarterly Loss, Japan Output Falls

Hiruki Nakamura
31 Mar, 2014
New York City

Market indexes extended a weeklong rally and industrial output declined 2.3% in February. The latest output data was among a series of economic statistics highlighting weak economic activities in Japan. Japan is set to increase its first sales tax since 1997.

Market Update