Market Update

U.S. Movers: Chesapeake, Duke Energy, DIRECTV, Humana, Time Warner

Mukesh Buch
06 Nov, 2013
New York City

Chesapeake Energy net swung to profit as revenue soared 64%. Duke Energy net surged 69%. DIRECTV net climbed 24% after sales jumped 6%. Humana net dropped 14%. Time Warner profit surged 44% and Tesla Motors net loss narrowed.

Third Monthly Decline in Australian Deficit, Commonwealth Bank Net Soars

Marcus Jacob
06 Nov, 2013
New York City

Australian trade deficit declined for the third month in a row and iron ore and other resources sector recorded a steady rise in price and volume. Exports to China barely increased but iron ore exports to fast growing nation advanced more than expected. Commonwealth Bank net soared.

Europe Earnings: Alstom, Experian, ING, Persimmon, Vestas

Nigel Thomas
06 Nov, 2013
New York City

Alstom profit dropped 3%. Experian suspends $500 million share buy-back program and agreed to acquire the U.S. healthcare data firm for $850 million. Moneysupermarket.com revenue surged 25%. ING net tumbled 85% to

India Movers: ABB, Bajaj Auto, BHEL, Clariant, Glaxo, Goodyear

Mukesh Buch
06 Nov, 2013
New York City

ABB India net surged 78%. Bajaj Auto October declined 6% and profit jumped 13%. BHEL net plunged 64% and revenues dropped 11%. Clariant Chemicals net surged as sales soared 30%.Glaxo jumped 14% and Goodyear net soared 33%. SBT net plunged 59%.

Euro Zone Outlook Lowered, U.S. Investors Worry Stretched Valuations

Nichole Harper
05 Nov, 2013
New York City

U.S. indexes struggled as investors questioned stretched valuations and digested latest string of earnings. U.S. government is set to release economic growth estimate on Thursday. U.S. dollar advanced in six of the last seven sessions after euro zone growth outlook was lowered.

Nissan Plunges 10% on Lowered Annual Outlook, Nikkei Advances

Hiruki Nakamura
05 Nov, 2013
New York City

Investors in Tokyo shifted focus to domestic earnings and economic issues and the yen gained a fraction. Nikkei advanced but the focus remained on the yen trading. Nissan plunged 10% after it lowered annual earnings outlook. Toyota is set to release its half-year results tomorrow.

Australian Rates on Hold, Telstra to List Autohome in New York

Marcus Jacob
05 Nov, 2013
New York City

Australian market indexes retained early advance in the day after Reserve Bank left its reference rate on hold at 2.5%. The dollar slid after RBA Governor Stevens comments the dollar was uncomfortably high.

U.S. Movers: Becton Dickinson, Cognizant, Hertz, J&J, Rock-Tenn, Tidewater

Mukesh Buch
05 Nov, 2013
New York City

Becton, Dickinson net plummeted 69%. Cognizant net climbed 15% and revenues rose 7%. Hertz Global net jumped 12%. J&J agreed to pay $2.2 billion to settle drug marketing violations. Rock-Tenn profit soared more than double. Tidewater net surged 31%.

India Movers: Ashok Leyland Sales Drop, P&G Net Surges

Mukesh Buch
05 Nov, 2013
New York City

3i Infotech net swung to a loss after sales plunged 18%. Ashok Leyland October unit sales declined 15%. Punj Lloyd net loss widened but revenue jumped 13%. Procter & Gamble profit surged 21% as sales soared 32%. Wyeth net dropped 39% but sales climbed 10%.

Europe Earnings: BMW Sales Flat, Vivendi Sells Maroc Telecom Stake

Nigel Thomas
05 Nov, 2013
New York City

BMW net increased 3% to

U.S. Movers: CME Group, Icahn Enterprises, Kellogg, Spectra Energy

Mukesh Buch
04 Nov, 2013
New York City

CME Group net jumped 16%. CST Brands net surged 71%. Icahn Enterprises profit surged to $472 million but revenue dropped 7%. Kellogg net rose 3% on flat revenues. Spectra Energy net climbed 43%.

Europe Earnings: HSBC Net Jumps, Ryanair Cuts Outlook

Nigel Thomas
04 Nov, 2013
New York City

Alcatel Lucent net loss narrowed as sales rose. AMEC agreed to acquire US-based Automated Engineering for $28 million. Ryanair profit rose 1% to

Australia Awaits Rate Decision, Westpac Reports Record Net and Hikes Dividend

Marcus Jacob
04 Nov, 2013
New York City

Australian markets traded lower and investors took a cautious view ahead of rate decision tomorrow. Westpac reported record annual profit and issued a special dividend of $310 million or 10 cents a share. Coca Cola Amatil estimated annual net to decline between 5% and 7%.

U.S. Movers: AIG Net Soars; Chrysler, Ford, GM, Toyota Sales Climb

Mukesh Buch
01 Nov, 2013
New York City

AIG revenue declined 11% but net surged 17%. Chrysler sales soared 11%. Ford reported record October sales since 2004 and GM October sales jumped 16%. Church & Dwight net climbed 15%. NV Energy net dropped 16%.

Europe Earnings: Direct Line, Royal Bank of Scotland, F&C

Nigel Thomas
01 Nov, 2013
New York City

Direct Line revenue dropped 5% but profit surged 55%. Meggitt said revenues in the third quarter rose 2%. Royal Bank of Scotland revenue slid 1% and net loss narrowed and aims to run down between 55% and 70% of the bad assets over the next two years.