Market Update

Weekly Surge of 10.4% in Nikkei in Tokyo

Hiruki Nakamura
07 Nov, 2014
New York City

Nikkei index in Japan closed higher and extended weekly surge to 10.4% after actions form the Bank of Japan and GPIF. Exporters led the gainers today and in the week after the yen declined to a four-year low on the central bank

Australian Indexes Extend Gains Despite Weak Oil and Gold

Marcus Jacob
07 Nov, 2014
New York City

Australian market indexes surged 0.8% in the first week in November after rising 4% in October in active trading. The Aussie dollar edged lower and the gold and oil prices continued to slide for the sixth week in a row. Ten Network surged on takeover speculation. Orica received final offer.

Allianz, Swiss Re Net Climb, National Grid Net Declines

Nigel Thomas
07 Nov, 2014
New York City

Allianz net climbed 11% to

Pharma Earnings in India Rise, Bank of Baroda Net Falls

Mukesh Buch
07 Nov, 2014
New York City

Aurobindo Pharma quarterly profit soared 58%. BOB net fell 6%. Bharat Electronics net climbed 147%. Cadila Healthcare net surged 52% on 21% increase in revenues. Colgate-Palmolive net and revenues rose. Pfizer net swung to a loss and Torrent Pharma net jumped 75%.

Tesla Motors Net Loss Widens, Whole Foods Net Rises

Mukesh Buch
06 Nov, 2014
New York City

Apache net swung to loss. Advance Auto Parts net surged 18%. AES net soared 587%. DIRECTV profit plunged 13%. Hospira net and revenue surged. Mondelez Int net declined 11% after revenues fell 2%. Tesla Motors net loss widened. Whole Foods net jumped 6%.

Rates on Hold in Europe, Indexes on Wal Street Trade Near Records

Nichole Harper
06 Nov, 2014
New York City

Market indexes on Wall Street declined after comments from the European Central Bank left rates on hold and announced the central bank

Mitsui & Co and Marubeni Report Divering Results, Suzuki Sales Rise 4.4%

Hiruki Nakamura
06 Nov, 2014
New York City

Market indexes in Japan rested after five-day rally and the yen weakened for the fourth day in a row. Kubota Corp, the maker of mining equipment, reported small increase in sales. Marubeni Corp and Mitsui & Co reported diverging first-half results

Airbus Wins $10 B Order from China; Agricole Net Jumps

Nigel Thomas
06 Nov, 2014
New York City

Airbus secured $10.2 billion order from China Aircraft. AstraZeneca net tumbled 80% and sell Myalept business for $325 million. Credit Agricole net jumped 4%

Australian Job Less Rate Held at 6.2%, UGL Sells DTZ for $1.2 B

Marcus Jacob
06 Nov, 2014
New York City

Australian market indexes turned lower in the afternoon and the Aussie dollar weakened after prices of oil, gold and iron ore declined. News Corp reported stronger than expected first-quarter results. UGL agreed to sell it global property service business DTZ.

GOP Regains U.S. Senate Control, Stocks Rise as Oil Falls

Nichole Harper
05 Nov, 2014
New York City

U.S. stocks extended gains and Republicans regained the control of U.S. Senate after eight years. Republicans are expected to push harder for the revisions in environmental policies, lower corporate taxes and chip away at healthcare law.

Japan Indexes in Five-day Rally; Toyota and Suntory Net Rise

Hiruki Nakamura
05 Nov, 2014
New York City

The broader Topix index in Tokyo gained for the fifth day in a row and market indexes in Japan have advanced more than 8% in the month-so-far. Kakaku.com gained after second-quarter sales and net were ahead of expectations. Suntory Beverage & Food third-quarter net surged 25%.

Australian Indexes Trim Losses, Commonwealth Bank Net Rises

Marcus Jacob
05 Nov, 2014
New York City

Australian market indexes trimmed losses in the session in active trading. Common Wealth Bank of Australia reported higher earnings and said bad debt charges are falling and home loan demand is strong on lower interest rates.

Cognizant, Chesapeake, Devon Climb; Tripadvisor Plunges 14%

Mukesh Buch
05 Nov, 2014
New York City

Cognizant net soared 11%. Chesapeake Energy net climbed 8%. Duke Energy net surged 27%. Devon Energy net surged 138% on 97% increase in revenue. Enbridge net swung to loss. Time Warner profit tumbled 18%. Tripadvisor plunged 13% after net dropped 4%.

Office Depot Surges; DISH, Estee Lauder, Michael Kors, Priceline Decline

Mukesh Buch
04 Nov, 2014
New York City

Becton, Dickinson net surged more than three-fold. CVS net plunged 24% while revenue soared 10%. DISH profit tumbled 54% after subscriber count declined. Estee Lauder net plummeted 24%. Michael Kors net surged 42%. Office Depot net declined 78%. Priceline net jumped 27%.

Hannover, ING, Natixis Net Jump; Alstom, Lafarge Profit Decline

Nigel Thomas
05 Nov, 2014
New York City

Alstom profit tumbled 31% to