ticker

Europe Earnings: Publicis, Petrofac, Telefonica, Tullett Prebon, Vestas Wind

Nigel Thomas
09 May, 2014
New York City

Publicis and Omnicom mutually agreed to terminate their $35 billion proposed merger. Petrofac plunged after weak forecast. Telefonica net tumbled 23% to

U.S. Small Cap Stocks Extend Losses to 9%, Deal Talks Dominate Trading

Nichole Harper
09 May, 2014
New York City

U.S. stocks struggled to rise above flat lines as deal talks dominated markets sentiment. Apple is in talks to acquire Beats Electronics for as much as $3 billion. Omnicom Group and Publicis Groupe abandoned $35 billion merger.

Apple and Beats Electronics Talk $3 Billion Deal

Bikram Pandey
09 May, 2014
New York City

Apple Inc in is in talk to acquire Beats Electronics for as much as $3 billion that will include its headphone business and musich service division. The Beats deal will be the largest acqusition in Apple''s history.

Japan Earnings: Konica Minolta, Marubeni, Suzuki Motor, Nippon Steel

Hiruki Nakamura
09 May, 2014
New York City

In short trading week, Nikkei index in Tokyo trimmed weekly losses and investors focused on the latest batch of earnings. Konica Minolta said annual net increased 44.5%. Marubeni annual sales rose 28% and net soared 62%. Suzuki Motor annual sales rose 14% and net advanced 34%.

Low Rate Outlook in Australia, Federal Budget on Tuesday

Marcus Jacob
09 May, 2014
New York City

Australian markets indexes turned lower and trading volume dipped near the low of the year. Reserve Bank of Australia held out for low interest rate in its quarterly policy statement. Federal government is scheduled to release its annual financial budget on Tuesday.

India Movers: Bharat Forge, Glenmark, H T Media, NDTV, Ranbaxy, Sintex

Mukesh Buch
09 May, 2014
New York City

Glenmark net tumbled 75 but revenue surged 27%. H T Media net swung to profit while NDTV sales dropped 30% and net swung to a loss. Ranbaxy net swung to a loss. Sintex net jumped 7%. Zuari Agro net swung to a profit.

Teradata, Tesla Motors Drop; MAXIMUS Soars

Mukesh Buch
08 May, 2014
New York City

Apache net tumbled 66%. Dean Foods net swung to a loss. MAXIMUS net and sales climbed. Priceline net surged 36% and revenue jumped 26%. Teradata plunged after flat net and 7% rise in revenues. Tesla Motors swung to $50 million loss but sales climbed.

China's Trade Surplus Rises in April

Devan Biswas
08 May, 2014
New York City

Exports increased 0.9% from a year ago to $188.54 billion and imports rose 0.8% to $170.09 billion, General Administration of Customs reported today.

U.S. Tech Stocks Rebound, Earnings in Focus

Nichole Harper
08 May, 2014
New York City

U.S. market indexes rebounded led by a sharp upturn in tech and internet stocks. Weekly jobless claims increased 26,000. China reported an increase in April trade surplus. Exports and imports increased less than 1%.

Europe Earnings: BT Group, Centrica, Enel, Munich RE, Sage, Supergroup

Nigel Thomas
08 May, 2014
New York City

BT Group net jumped 7% to

Toyota and Mitsubishi Corp Net Soar

Hiruki Nakamura
08 May, 2014
New York City

Stocks rebounded in Tokyo and investors shifted attention to domestic earnings. Toyota reported fiscal year sales increased 16.4% and net income soared 90%, Mitsubishi Corp net soared 23% and Nintendo annual net swung to a loss.

Australian Stocks Rebound, AMP Cash Flow Soars 72%

Marcus Jacob
08 May, 2014
New York City

Australian market indexes advanced and trading volume picked on active trading in smaller companies. Australian dollar edged higher after China reported higher than expected trade surplus. Qantas plans to shed 2,200 jobs. AMP Limited said net cash flow soared 72%.

India Movers: Aditya, BHEL, Hatsun Agro, Magma Fincorp, P&G, UBI

Mukesh Buch
08 May, 2014
New York City

Aditya Birla tumbled after net declined 90% and sales surged 62%. BHEL successfully commissioned power plant in Oman. Hatsun Agro net plunged but sales jumped. Magma Fincorp net fell 4%. P&G Hygiene profit surged 55%. Union Bank net declined 27%.

Tech Stocks Lead U.S. Indexes Lower

Nichole Harper
07 May, 2014
New York City

Market indexes on Wall Street struggled and tech heavy Nasdaq Composite Index plunged 1.1%. AOL, FireEye, Groupon and Zulily plunged after weaker than expected results. Whole Foods slumped 20% after the organic food retailer trimmed outlook for the second time.

Mondelez Soars; Perrigo, Whole Foods Decline

Mukesh Buch
07 May, 2014
New York City

Duke Energy net swung to a loss $97 million but revenue soared 12%. Icahn Ent net swung to a loss. Mondelez Intl net tumbled 70%. Perrigo profit plunged 57%. Walt Disney profit surged 27%. Whole Foods plunged 20% after growth stalls.

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