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Australian Indexes Drop 0.9%, Myer Holdings Struggles

Marcus Jacob
12 Nov, 2014
New York City

Australian market indexes traded lower on the weakness in iron ore miners and the latest private measure of confidence showed smaller than expected increase. Myer Holdings, the department store operator reported weaker than expected sales and comparable sales.

Burberry Net Declines 7%; Sainsbury Net Swings to Loss

Nigel Thomas
12 Nov, 2014
New York City

Burberry profit dropped 7% to

Abbott, Power Grid, Tata Steel Net Climb; Oil India Net Falls

Mukesh Buch
12 Nov, 2014
New York City

Abbott quarterly net surged 41% and Adani net swung to profit. Aditya Birla profit soared 55%. Bajaj Hindusthan and HMT losses narrowed. Oil India net and revenue declined. Power Grid net rose 3%. Tata Steel net profit jumped 37%. Uflex net surged 42% on 9% increase in revenues.

Indexes Set Records on Wall Street

Nichole Harper
11 Nov, 2014
New York City

Market indexes on Wall Street struggled to advance after a weak start. Bond market and the federal government were closed on Veterans Day today. European markets traded sideways. The Nikkei and Topix indexes in Japan closed at multi-year highs.

Horton, Rackspace Advance; Woodward Declines

Mukesh Buch
11 Nov, 2014
New York City

Atwood Oceanics net and revenue soared 10%. CST Brands surged 50% but revenue fell 3%. D.R. Horton profit climbed 19% on 38% increase in revenue. MTS Systems net tumbled 49%. Rackspace Hosting net soared 15%. Woodward net fell 1%.

Japan Indexes Surge to Six-year Highs

Hiruki Nakamura
11 Nov, 2014
New York City

Topix Index, the broader Japanese equity market index closed at a six-year high and the yen deepened losses in the year. The Nikkei 225 Stock Average soared 2.1%, the highest close since 2007. Chiyoda Corp reported quarterly net dropped 20%.

Maersk, Hochtief, UniCredit Net Surge; Henkel, Vodafone Profit Fall

Nigel Thomas
11 Nov, 2014
New York City

Maersk net surged 25% $1.50 billion. BMW October sales soared 11%. Henkel fell 4% to

Auto Parts Makers in India Show Strong Quarterly Results

Mukesh Buch
11 Nov, 2014
New York City

Amara Raja quarterly net rose 6%. Apollo Tyres net jumped 18%. Bosch net and revenues surged. Eveready net profit soared more than four-fold on 11% increase in revenues. Godrej and IFCI revenues climbed. Jain Irrigation quarterly loss narrowed. Kalpataru Power net climbed 38%.

U.S. Indexes Extend Record Gains, China Links HK and Shanghai Trading

Nichole Harper
10 Nov, 2014
New York City

Market indexes on Wall Street extended 3-week gains and the dollar firmed in international markets. Commodities prices edged lower and copper and gold traded at multi-year lows.

Dean Foods, 3D Systems, Sotheby

Mukesh Buch
10 Nov, 2014
New York City

Berkshire Hathaway net declined 10% but revenues climbed 10%. Boeing secured order worth $8.5 billion at a list price from a Japan based leasing company. Dean Foods and 3D Systems net swung to a loss. Sotheby

2-day Rise in Yen Drags Nikkei in Tokyo

Hiruki Nakamura
10 Nov, 2014
New York City

Market indexes in Japan closed lower after advancing for three weeks in a row and the yen strengthened. The yen extended two-day gains to 1.2% after falling sharply in the last two weeks. Takata plunged 17% after U.S. lawmakers demanded criminal investigation of air-bag recall crisis.

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