ticker

eBay, Union Pacific Net Climb; United Swings to a Profit

Mukesh Buch
23 Jan, 2014
New York City

Baxter net plunged 34% despite sales increase of 16%. eBay revenue and profit jumped 13%. Johnson Controls net surged 30%. Lockheed Martin net declined 14%. McDonald''s net rose 1%. SanDisk profit surged 58%.Union Pacific Corp net climbed 13%.

Europe Earnings: Logitech Swings to Profit, LSE Revenues Rise 11%

Nigel Thomas
23 Jan, 2014
New York City

easyJet said revenue in the first-half per seat grew 3.4%. Logitech net swung to a profit. London Stock Exchange total income surged 48% to

India Movers: Amara Raja, Biocon, Bharti Infratel, L&T, Raymond

Mukesh Buch
23 Jan, 2014
New York City

Amara Raja net sales and profit climbed. Biocon net jumped 14%. Bharti Infratel profit surged 62%. Finolex Cables won an order of Rs 200 crore. KPIT Tech net declined 9%. L&T net soared 11%. Raymond profit surged.

Norfolk Southern Rises; Abbott, Coach, IBM, Parker-Hannifin Fall

Mukesh Buch
22 Jan, 2014
New York City

Abbott net tumbled 44%. CA net dropped 8% and revenue fell 25. General Dynamics net swung to a loss. IBM profit jumped 6%. Norfolk Southern net climbed 24%. Texas Inst net soared 94% to $511 million.

PIMCO CEO Resigns as Fund Outflow Accelerates

Nigel Thomas
22 Jan, 2014
New York City

Allianz said PIMCO CEO Mohamed El-Erian resigned. Credit Agricole agrees to sell its Bulgaria division to reduce

Bank of Japan Leaves Monetary Stimulus Intact, Inflation Accelerates

Hiruki Nakamura
22 Jan, 2014
New York City

The Bank of Japan kept its annual plan to pump between 60 trillion yen and 70 trillion yen intact and left its inflation outlook unchanged. The accompanying statement after a 2-day meeting noted the impact of April sales tax increase on the economy.

BHP Production Surges, Australian Annual Inflation at 2.7%

Marcus Jacob
22 Jan, 2014
New York City

Australian inflation in the December quarter was ahead of expectations and rose 2.7% annual rate. BHP Billiton said iron ore production increased 16% in the last quarter, copper production rose 6% and petroleum production declined 4%. Mount Gibson reported record first-half iron ore sales.

India Movers: Dabur Net Surges, Colgate Struggles; HDFC Net Up 12%

Mukesh Buch
22 Jan, 2014
New York City

Ashok Leyland net swung to a loss. Colgate net rose 2% and operating profit margin declined 17%. Dabur net climbed 15% on 17% increase in sales. HDFC net jumped 12%. M&M net plunged 16%. Torrent profit surged 41%. Thermax net declined 13%. Zee net jumped 10%.

U.S. Indexes Turn Lower, IMF Lifts Global Growth Outlook

Nichole Harper
21 Jan, 2014
New York City

U.S. stocks extended losses for the third day in a row and the dollar was in focus after the yen and euro edged lower. The IMF lifted its economic outlook for 2014 as advanced economies face fewer obstacles and interest rates are expected to stay near record low.

Yen Slides, NEC Sells Biglobe

Hiruki Nakamura
21 Jan, 2014
New York City

Stocks in Tokyo gained as the yen continued its slide towards 105 level. Cosmo Oil signed an agreement with Spain based CEP to develop natural gas fields. NEC agreed to sell its Internet service provider service Biglobe for 70 billion yen.

Baker Hughes, Dow, Delta Air Jump; Halliburton, J&J Drop

Mukesh Buch
21 Jan, 2014
New York City

Baker Hughes net soared 16%. Dow Chemical surged after on media reports that an activist investor took a significant position. Delta net surged on $8 billion tax valuation allowance. Halliburton net climbed 19%. J&J net surged 35%. Verizon net swung to a profit.

Australian Markets Rebound but Dollar Extends Weakness

Marcus Jacob
21 Jan, 2014
New York City

Australian market indexes closed higher led by stronger financial stocks. Australian dollar eased further for the second week in a row. Nucoal Resources Limited plunged to a record low after New South Wales canceled its mining license on corruption charges.

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