Market Update

India Movers: Central Bank, Cairn India, IOB, Maruti, MRF, Novartis, Zee

Mukesh Buch
25 Jul, 2013
New York City

Central Bank net tumbled as revenue declined. Cairn India profit dropped but revenues climbed. IOB net for the quarter declined but revenues jumped. Maruti Suzuki and MRF profit surged on higher sales. Novartis India net declined and Zee Entertainment net soared.

Australian Dollar Eases and Stocks Caught in Volatile Trading

Marcus Jacob
25 Jul, 2013
New York City

Australian stocks barely budged after volatile trading and the dollar eased for the second day in a row. Real estate operating companies were in focus after two deals. McMillan Shakespeare Limited plunged 42% after the government proposed a tax rule change for car leasing.

Stocks On Wall Street Drift Lower, Apple Earnings Fall on Flat Sales

Nichole Harper
24 Jul, 2013
New York City

Market indexes in New York and in Europe drifted lower as investors digested U.S. new home sales and European manufacturing survey data. A private survey also showed weakening conditions in manufacturing. Apple reported flat sales and a decline yet healthy earnings in the fiscal third quarter.

U.S. Movers: Boeing, Caterpillar, Eli Lilly, EMC, Ford, PepsiCo, AT&T

Mukesh Buch
24 Jul, 2013
New York City

Boeing net jumped 13% but Caterpillar net plunged 42%. Eli Lilly net surged 31%. Ford soared 20% as sales climbed 14%. General Dynamics net rose 0.9% and PepsiCo surged 35%. AT&T net slid 2.1% and VMware net surged 27%.

Japan Revised Outlook; Exports, Imports Increase in June

Hiruki Nakamura
24 Jul, 2013
New York City

Japan revised its economic outlook for the third month in a row and raised the prospect of higher capital spending for the first time in four months. Exports in June rose 7.4% and imports surged 11.8%. The yen strengthened.

Europe Earnings: AB Volvo, easyJet, Edenred, J D Wetherspoon, Renishaw

Nigel Thomas
24 Jul, 2013
New York City

AB Volvo second quarter sales and income plunged. easyJet total revenue climbed 10.5% to

Australian Quarterly Inflation Rises 0.4%

Marcus Jacob
24 Jul, 2013
New York City

Australian stocks gained and the dollar declined after the latest reported inflation data was lower than expected. Australand Property Group said first-half revenues rose 9% and net profit declined 1%.

India Movers: 3M India, Dabur, Greenply, Hero, TCS, UPL, YES Bank

Mukesh Buch
24 Jul, 2013
New York City

3M India net declined and sales rose. Dabur profit jumped 25% as sales climbed 13%. Hero Motocorp reported net declined for fourth quarter in a row as sales dropped. TCS agreed to acquire France based Alti S.A. for

U.S. Movers: Cisco, du Pont, Domino

Mukesh Buch
23 Jul, 2013
New York City

Cisco agrees to buy Sourcefire for $2.7 billion. du Pont net declined 12% and Domino

Europe Earnings: Premier Foods, Ryanair, Telef

Nigel Thomas
23 Jul, 2013
New York City

Bentley plans to invest

Nikkei Extends Gain, Asian Markets Advance

Hiruki Nakamura
23 Jul, 2013
New York City

The yen in Tokyo declined and market indexes advanced for the second day in a row. Toyota Motor and Nippon Steel and Sumitomo Metals agreed to lift prices for steel sheets. SoftBank gained 5% and Sony advanced 3%.

Australian Stocks Advance on Higher Gold Price

Marcus Jacob
23 Jul, 2013
New York City

Australian stocks advanced and the dollar traded near its recent low. Fortescue Metals reaffirmed its annual iron ore output target and plans more cost cuts. Billabong sold its Dakine brand for $70 million and completed its $325 million bridge loan.

India Movers: Dewan Housing, ING Vysya, Just Dial, L&T Finance

Mukesh Buch
23 Jul, 2013
New York City

Dewan Housing and L&T net jumped as revenue climbed. Fresenius Kabi surged 20% and the company was approved for de-listing its shares. ING Vysya profit soared and Just Dial profit for the year climbed. Shriram Transport net jumped.

Record in S&P 500 index, World Markets Higher

Nichole Harper
22 Jul, 2013
New York City

U.S. market indexes flirted in record territory as more than 150 companies are scheduled to report earnings this week. McDonald

U.S. Movers: Federal-Mogul, Gannett, Halliburton, Kimberly-Clark, McDonald

Mukesh Buch
22 Jul, 2013
New York City

Bank of Hawaii net declined 7% and Federal-Mogul net swung to profit. Gannett net dropped 5% as segment revenues declined. Halliburton profit slipped 8% to $679 million and Hasbro net plummeted 12%. Kimberly-Clark net rose 6%. McDonald