ticker

Japan Deficit Surges Four-Fold in in March

Hiruki Nakamura
21 Apr, 2014
New York City

Market indexes in Tokyo drifted lower and the yen eased after trade deficit in March quadrupled from a year ago. Consumer lending stocks soared on a speculation that the government may loosen restrictions. Drugstore chain Genky said quarterly sales increased 4%.

Australian Indexes Up 0.5%, Oil Search Sales Fall 19%

Marcus Jacob
22 Apr, 2014
New York City

Australian stocks closed higher in thin trading. Oil Search advanced after issuing a positive outlook but quarterly sales declined 19%. Singapore competition authority approved the alliance between Air New Zealand and Singapore Airlines.

Hasbro and Halliburton Net Swings to Profit

Mukesh Buch
21 Apr, 2014
New York City

Halliburton and Hasbro net swung to a profit. Hillshire Brands agreed to acquire Van''s Natural Foods for $165 million. Kimberly Clark net rose 1%. Pfizer plans in acquire AstraZeneca for

India Movers: ALSTOM, Hindustan Zinc, LIC Housing, TCS, RIL, Wipro

Mukesh Buch
21 Apr, 2014
New York City

ALSTOM India secured a contract worth

India Movers: Gujarat Gas, HDFC Bank, HEG, MRF, Novartis

Mukesh Buch
22 Apr, 2014
New York City

Gujarat Gas dropped after its board approved consolidation of its entities. HDFC Bank net climbed 23% and revenue jumped 15%. HEG profit surged 33%. MRF net declined 19% but revenue soared 14%. Novartis surged after promoter agreed to acquire cancer drug business from GSK for $16 billion.

Three Competing Visions in India

Arjun Dave
20 Apr, 2014
New York City

The national election in India has led to a rise of two new confident and self-made leaders with different visions from the traditional welfare state model supported by the Nehru-Gandhi dynasty. India is looking for ways to speed up economic growth and catch up with the neighboring rival China.

Confidence Index in Japan Drops to a 30-Month Low, GungHo Soars

Hiruki Nakamura
17 Apr, 2014
New York City

Market indexes in Tokyo closed nearly unchanged in thin trading. Confidence index dropped to the lowest in March since August 2011. GungHo Online Entertainment soared on profit report. Developer Ichigo Group reported net annual sales more than doubled.

Nikkei in Tokyo Rises 0.7%, PlayStation 4 Sales Cross 7 Million

Hiruki Nakamura
18 Apr, 2014
New York City

Stocks advanced for the third day in Tokyo but trading volume was thin. Sony said sale of video game console unit in the first six month since its release outpaced 7 million and stayed ahead of Microsoft

Australian Indexes Advance 0.6%, March Imports Fall 2%

Marcus Jacob
17 Apr, 2014
New York City

Australian market indexes struggled to advance but a last minute rally lifted indexes. Australian imports in March declined 2% form the revised February data. Santos estimated higher production in the current year.

Europe Earnings: Burberry, Co-Op Group, Diageo, Mulberry, SAP

Nigel Thomas
17 Apr, 2014
New York City

Burberry said revenue climbed 16% to

U.S. Movers: BlackRock, GE, Goldman Sachs, Google, IBM, PepsiCo

Mukesh Buch
17 Apr, 2014
New York City

General Electric net declined 15%. Goldman Sachs profit plunged 11%. Google net rose 2% but revenue soared 19%. IBM net plummeted 21% and revenue fell 4%. Morgan Stanley net surged 55%. PepsiCo net soared 13% on flat sales. UnitedHealth net declined 7%.

U.S. Stocks Rise on Earnings and Production Data

Nichole Harper
16 Apr, 2014
New York City

U.S. stocks advanced for the third day in a row and the Nasdaq Composite erased nearly 2% of the 7% correction since March. Bank of America swung to a quarterly loss. Yahoo exceeded its quarterly sales estimate.

Bank of America Swings to Loss; Yahoo Surges, Twitter Falls

Mukesh Buch
16 Apr, 2014
New York City

Abbott net tumbled 31% and sales fell 3%. Bank of America net swung to a loss. Grainger profit rose 2% on 5% increase in revenues. Johnson Controls plans to acquire Air Distribution Tech from Canada Pension Plan for $1.6 billion. Intel net dropped 4%. Yahoo profit tumbled 20%.

Europe Earnings: ASML, Credit Suisse, Danone, GEA, Syngenta

Nigel Thomas
16 Apr, 2014
New York City

ASML net surged 159% to

Japan's Population Shrinks for the Third Year, China's Growth Slows to 7.4%

Hiruki Nakamura
16 Apr, 2014
New York City

Stocks in Tokyo advanced for the second day in a row and China

Market Update