ticker

U.S. Movers: Baker Hughes, Google, GE, Honeywell, Morgan Stanley

Mukesh Buch
18 Oct, 2013
New York City

Baker Hughes net declined 22%. Google net climbed 36% as segment revenue jumped. GE net plunged 9% despite orders from U.S. and Europe rose. Honeywell net jumped 4%. Morgan Stanley net swung to profit. Schlumberger profit surged 21%.

U.S. Movers: Baker Hughes, Google, GE, Honeywell, Morgan Stanley

Mukesh Buch
18 Oct, 2013
New York City

Baker Hughes net declined 22%. Google net climbed 36% as segment revenue jumped. GE net plunged 9% despite orders from U.S. and Europe rose. Honeywell net jumped 4%. Morgan Stanley net swung to profit. Schlumberger profit surged 21%.

Fed May be Forced to Delay Tapering, Google Crosses $1,000

Nichole Harper
18 Oct, 2013
New York City

The latest earnings reports propelled market indexes on Wall Street higher. Google soared past $1,000 after the search engine operator reported better than expected quarterly sales. General Electric also reported higher demand for industrial products.

Europe Earnings: Cap Gemini, Dr Martens, Svenska Cellulosa, Ziggo

Nigel Thomas
18 Oct, 2013
New York City

Cap Gemini plans to buy back convertible bonds worth

Tokyo Investors Shift Focus to Domestic Earnings

Hiruki Nakamura
18 Oct, 2013
New York City

Stocks in Tokyo closed lower but for the week Nikkei index added 3.8%. Toyota recalled 800,000 Camry sedans in the U.S. Bridgestone plans to expand its radial tire plant in Vietnam.

Australian Indexes Extend Weekly Gain to 1.7%

Marcus Jacob
18 Oct, 2013
New York City

Australian market indexes surged and extended weekly gains to 1.7% after China reported faster than expected growth in the third quarter. Warrnambool Cheese attracted third takeover bid. Crown Limited is in talks with Sri Lankan government to develop a casino resort.

India Movers: Airtel, Himachal, SpiceJet, IL&FS, South Indian Bank

Mukesh Buch
18 Oct, 2013
New York City

Bharti Airtel to acquire Wireless Business Services. Bharat Bijlee net loss widened. Himachal Futuristic declined despite a five-fold surge in sales. IL&FS won contract worth Rs.150 crore. Saurashtra Cement net swung to a loss. South Indian Bank climbed 30%.

U.S. Short Term Accord Lifts Market Sentiment for Now, Earnings in Focus

Nichole Harper
17 Oct, 2013
New York City

U.S. indexes steadily climbed into positive zone as investors shifted focus to domestic earnings from political fracturing in Republican Party. Verizon net soared 40% and estimated growth to continue. Goldman Sachs commodities revenues declined. IBM plunged on revenue fall.

U.S. Movers: American Express, Baxter, Danaher, eBay, IBM, Verizon

Mukesh Buch
17 Oct, 2013
New York City

American Express net climbed 9%. Baxter profit dropped 7%. BB&T net tumbled 43% and revenues dropped 5%. eBay net surged. IBM net climbed and revenue dropped. PPG net plunged 33%. Verizon net climbed 30%.

Nikkei in Tokyo Jumps 0.8%

Hiruki Nakamura
17 Oct, 2013
New York City

Markets indexes in Tokyo closed higher and the yen weakened. The last minute political agreement avoided U.S. debt default as the latest crisis may resurface in late January.

Australian Markets Inch Higher, Fortescue Q3 Production Surges

Marcus Jacob
17 Oct, 2013
New York City

Australian indexes closed higher but the Aussie dollar edged lower. USG Corporation agreed to pay $575 million to form a joint venture with Boral Limited. Fortescue Metals third-quarter production surged and iron ore miner reaffirmed its decline in full-year shipment outlook.

Europe Earnings: BSkyB, Man Group, Nestle, Outotec, Remy, Sulzer

Nigel Thomas
17 Oct, 2013
New York City

BSkyB profit declined 12% to

India Movers: Axis Bank, Bajaj, Castrol, MindTree, HCL Tech

Mukesh Buch
17 Oct, 2013
New York City

Axis Bank profit jumped 21%. Bajaj Holdings & Investment profit surged 18%. Bajaj Auto net climbed 13% as sales rose 3%. Blue Dart profit dropped 6.65%. Castrol net soared 22%. MindTree net fell 5% but sales surged 19%. HCL Tech profit climbed 19%.

U.S. Senate Leaders Hope Agreement Will Turn to Law Before Ceiling Expires

Nichole Harper
16 Oct, 2013
New York City

U.S. stocks advanced on the hopes that the latest Senate agreement will become a law before the debt ceiling expires tomorrow. However, the short term agreement set up another round of confrontation in early January. China is looking to alternatives to U.S. government bonds.

U.S. Movers: Abbott, Bank of America, BlackRock, Intel, Grainger, Yahoo

Mukesh Buch
16 Oct, 2013
New York City

Abbott net plunged 50% but sales rose 2%. Bank of America surged to $2.5 billion. BlackRock net jumped 14%. Bank of New York net surged 34%. Intel net soared 48% and Grainger net surged 36%. Yahoo net plunged 91%.

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