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Europe Earnings: ASML, Anite, Danone, IMI, Publicis, LVMH, Smiths News

Nigel Thomas
16 Oct, 2013
New York City

ASML Holding plunged 13%. Danone reported flat third quarter revenues. IMI agreed to sell beverage division for

Australian Indexes Defy World Markets Caution

Marcus Jacob
16 Oct, 2013
New York City

Australian markets traded higher and markets in Asia gained in thin volume. Australian dollar closed at 95.22 U.S. cents as investors look for alternative to the U.S. dollar.

U.S. Movers: Charles Schwab, Citigroup, Coca-Cola, Domino

Mukesh Buch
15 Oct, 2013
New York City

Charles Schwab net climbed 17% but revenue jumped 15%. Citigroup net plunged 23% but revenue soared 13%. Coca-Cola net jumped but sales decreased 3%. Domino

Europe Earnings: AstraZeneca, Burberry, Bellway, Rio Tinto, SoftBank

Nigel Thomas
15 Oct, 2013
New York City

AstraZeneca agreed to acquire Spirogen for $440 million. Burberry first-half revenue climbed and chief executive officer resigned to join Apple. Rio Tinto lifted production outlook. SoftBank agreed to buy Supercell for $1.5 billion.

U.S. Senators Focus on Short Term, Rating Agencies Silence Raise Questions

Nichole Harper
15 Oct, 2013
New York City

World markets remained optimistic as the U.S. neared debt default date on Thursday. Senate plan only funds the government for three more months and crisis is expected to reappear in late January. Rating agencies are still quiet on the U.S. sovereign outlook.

Japanese Investor Shit Attention to Domestic Earnings

Hiruki Nakamura
15 Oct, 2013
New York City

Stocks in Tokyo rebounded after a 3-day holiday weekend and the yen weakened. Japanese companies are expected to report better than earnings on weaker yen. More than 24 companies are scheduled to release earnings this week.

Australian Dollar Advances, Rio Tinto Lifts Production Outlook

Marcus Jacob
15 Oct, 2013
New York City

Australian and Asian markets traded higher and commodities prices gained. Business finance commitment rose 7% in August but personal lending dropped 2.6% in Australia. Australian dollar inched higher.

India Movers: TCS Net Soars, RIL Refining Margin Shrinks

Mukesh Buch
15 Oct, 2013
New York City

Bajaj Corp profit dropped and sales climbed. Fortis Health sold its 6% stake Hong Kong subsidiary to Bupa for $355 million. HDFC Bank and IndusInd Bank profit soared. RIL profit rose 1.5% on weak refining margin and 15% increase in sales. TCS profit jumped.

U.S. Movers: ADT, Expedia, Fair Isaac, Netflix, St. Jude Medical, Whirlpool

Mukesh Buch
14 Oct, 2013
New York City

ADT Corp offered senior unsecured notes of $1 billion. Expedia dropped after a downgrade. Fair Isaac lowered revenue and earnings outlook. Netflix jumped on talks to distribute content through cable operators. St. Jude acquired Nanostim for $123.5 million.

U.S. Politicians Dither as Default Looms, World Markets Grow Anxious

Nichole Harper
14 Oct, 2013
New York City

U.S. market indexes traded lower as the debt default date approaches and rating agencies remain quiet. The dollar eased and credit default swaps on U.S. Treasuries rose to 39 basis points. European markets trade lower in cautious trading.

Europe Earnings: Dassault Systemes, Lok'n Store, Peugeot, Telefonica

Nigel Thomas
14 Oct, 2013
New York City

Dassault Systemes revenue jumped 4% to

China's Exports Fall 0.3%, Inflation Accelerates to 3.1%

Hiruki Nakamura
14 Oct, 2013
New York City

Trade surplus in September month declined as exports rose less than expected and imports surged on higher commodities prices and volumes. In addition, China said inflation picked up in September.

Australian Dollar Gains, Home Loan Approvals Fall

Marcus Jacob
14 Oct, 2013
New York City

Australian stocks declined as world investors turned their focus to the U.S. political stalemate. In addition, China reported weaker than expected exports data and inflation picked up in September. Australian home loan approvals also fell.

Wall Street Extends 2-Day Rally on Debt Deal Hopes

Nichole Harper
11 Oct, 2013
New York City

Market indexes extended rally for the second day in a row in New York on the debt deal and government funding hopes. White House rejected the latest short term debt ceiling revision proposal and the federal government is closed for the eleventh day.

U.S. Movers: Infosys, JPMorgan, Micron Tech, SolarCity, Wells Fargo

Mukesh Buch
11 Oct, 2013
New York City

Infosys profit declined 11% but revenue climbed 15%. JPMorgan net swung to a loss on legal charges as revenue dropped 8%. Micron Tech swung to a profit $1.71 billion. SolarCity surged after fiscal outlook. Wells Fargo net surged 13% and revenue dropped 3%.

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