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Chinese 10% Export Rise Surprises Analysts

Bikram Pandey
12 Feb, 2014
New York City

China reported a sharp jump in exports in January, surprising many analysts who were looking for a near flat growth in January.

DaVita, Owens Corning, Tripadvisor, Valspar Jump; Lorillard, Reuters Drop

Mukesh Buch
12 Feb, 2014
New York City

Deere & Co net rose 5%. DaVita net and sales climbed. Hospira profit surged. Lorillard declined 5%. Owens Corning net swung to profit on 10% rise in sales. Thomson Reuters net swung to a loss as revenue dropped. Valspar net fell 3% but sales soared 9%.

Nikkei Participates in Asian Rally, Toyota Recalls Prius

Hiruki Nakamura
12 Feb, 2014
New York City

Real estate and financial services stocks lead the broad rally in Tokyo. The yen gained. Toyota recalled 1.9 million Prius. Nissan sales in China fell 0.4% in January. Softbank quarterly net declined and the wireless pushed ahead to explorer merger of Sprint and T-Mobile.

Europe Earnings: Heineken, ING, Reckitt Benckiser, Societe Generale

Nigel Thomas
12 Feb, 2014
New York City

Heineken net plunged 53% to

Australian Markets Up 1%, Record Profit at CBA

Marcus Jacob
12 Feb, 2014
New York City

Australian market indexes jumped 1% in active trading and trade with China soared 33% in January. China also reported 10.6% increase in exports in the month. Commonwealth Bank of Australia reported record first-half profit.

India Movers: BPCL, GMR Infra, HPCL, NFL, Oil India, Tata Steel

Mukesh Buch
12 Feb, 2014
New York City

BPCL net swung to a loss on 3.8% rise in revenues. GMR Infra net loss widened. HPCL reported larger than expected loss. National Fertilizers net swung to a profit on 36% rise in sales. Oil India net declined 4% and revenue climbed 5%. Tata Steel profit declined 45%.

Yellen Comments Contribute to Positive Sentiment on Wall Street

Nichole Harper
11 Feb, 2014
New York City

Indexes on Wall Street advanced and Fed Chairman Yellen

Dean Foods Swings to Loss; CVS, Markel Jump

Mukesh Buch
11 Feb, 2014
New York City

CVS Caremark net surged 13%. Dean Foods net swung to a loss. Entergy net plummeted 50%. HCP profit jumped 13% but revenue fell 5%. IntercontinentalExchange net swung to a loss. Ingersoll-Rand net tumbled 80%. Markel profit soared 168%.

Europe Earnings: Barclays, Glencore, L

Nigel Thomas
11 Feb, 2014
New York City

Barclays profit surged

Australian Markets Gain 0.6%; Cochlear Plunges 9%, Forge Halted

Marcus Jacob
11 Feb, 2014
New York City

Australian market indexes gained 0.6% and the exchange grappled with glitches and trading was halted for thirty minutes. Cochlear Limited plunged 9% on earnings outlook. Forge Group faces bankruptcy. ANZ guided revenues in 2014 to increase between 4% and 5%.

India Movers: Aditya Birla, Reddy's, NMDC, Tata Motors

Mukesh Buch
11 Feb, 2014
New York City

Aditya Birla Nuvo net jumped 22% but revenues declined. CEAT profit climbed and revenue surged. Dr. Reddy''s net soared 70% after sales jumped 23%. NMDC net surged 21%. NOCIL net climbed 53%. Tata Motors net surged 195% on a rise in luxury segment sales.

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