Market Update

Daimler Sales Rise 6%, STMicro Swings to Profit

Nigel Thomas
23 Jul, 2014
New York City

ABB net declined 18% to $1.2 billion. Daimler net plunged 52% to

Sensex in India Gains on Higher Profits from Banks

Mukesh Buch
23 Jul, 2014
New York City

ABB India net jumped 20%. Axis Bank net surged 18%. Atul profit soared 48%. KPIT Technologies tumbled after net declined 17%. MRF net rose 1%. Polaris Financial Technology net plummeted 29%. Yes Bank net climbed 10%.

Chipotle Sales Soar, Netflix Net Surges

Mukesh Buch
22 Jul, 2014
New York City

Comcast net soared 16%. Chipotle surged after net and sales climbed. Du Pont net jumped 4%. Coca-Cola profit fell 3%. Kimberly Clark net slipped 3%. Lockheed Martin net rose 4%. McDonald''s net slid 1%. United Technologies net soared 8%. Verizon net plunged 17%.

World Markets Struggle as Ukraine and Israel Crisis Linger

Nichole Harper
28 Jul, 2014
New York City

Stocks on Wall Street traded sideways ahead of economic growth data this week. Dollar Tree agreed to acquire Family Dollar for $8.5 billion. Real estate listing site operator Zillow acquired the rival Trulia for $3.5 billion. Yukos owners won $50 billion award in Holland.

Dollar Tree Acquires Family Dollar for $8.5 B, Zillow to Buy Trulia

Mukesh Buch
28 Jul, 2014
New York City

Cummins net jumped 8%. Dollar Tree offered to buy Family Dollar for $8.5 billion. Roper net soared 41% on 13% increase of revenue and lifted outlook. RPM Intl net surged 66%. Tyson Foods net rose 4%. Tenneco profit climbed 29%. Zillow agreed to acquire Trulia for $3.5 billion.

Aberdeen Assets Decline, Reckitt to Spin Off Pharma Unit

Nigel Thomas
28 Jul, 2014
New York City

Aberdeen said quarterly assets dropped on

Nissan Earnings Soar on China Sales, Dentsu Acquires India Based Agency

Hiruki Nakamura
28 Jul, 2014
New York City

Stocks in Tokyo advanced after a choppy trading session and the yen gained as tensions persisted in Europe. Dentsu agreed to acquire a majority stake in India based Milestone Brandcom. Nissan earnings surged 37% on 10% sales increase.

Dabur and Hindustan Unilever Profit Surge

Mukesh Buch
28 Jul, 2014
New York City

Ashok Leyland net loss narrowed. Bank of Baroda net climbed 17%. Dabur revenue and profit surged 13%. Hindustan Unilever net jumped 4%. Havells India net soared 13%. Mastek signed a major contract with British Telecom. UPL net declined 26%.

Australian Based Healthscope Raises $2.6 B, Leighton Net Drops 20%

Marcus Jacob
28 Jul, 2014
New York City

Australian stocks opened higher and Healthscope completed its $2.6 billion initial public offering. Clinuvel Pharmaceuticals confirmed a takeover proposal from the U.S. based Retrophin, Inc for about $95 million. Leighton Holdings first-half profit tumbled 20%.

Stocks on Wall Street Rise on Earnings and Home Sales Data

Nichole Harper
22 Jul, 2014
New York City

Stocks on Wall Street rebounded after latest batch of earnings were ahead of expectations. Existing home sales increased to an 8-month high. Chipotle Mexican Grill same store sales surged. McDonald

Yen Trading Leads Advance in Japan Stocks

Hiruki Nakamura
22 Jul, 2014
New York City

Stocks in Tokyo advanced after a 3-day weekend and the yen trading dominated market sentiment. Exporters and resource stocks led the gainers. Rising tensions between Russia and European Union. Stock exchanges in Japan trimmed ask and bid spread on 80 stocks from today.

Australia Pins Hope on Global Recovery

Marcus Jacob
22 Jul, 2014
New York City

Australian stocks gained in thin trading after comments from RBA. Aussie dollar advanced and Governor Glenn Stevens focused on global reforms to accelerate Australian economic growth.

Europe Earnings: ARM Holdings, AMS, Credit Suisse, IG Group, Publicis

Nigel Thomas
22 Jul, 2014
New York City

ARM Holdings net surged 88% to

Asian Paints, Exide Net Jump; Thermax Net Plunges 17%

Mukesh Buch
22 Jul, 2014
New York City

Asian Paints net soared 23%. BS secured order worth Rs 69 crore in Andhra Pradesh. Exide profit climbed 17%. Hitachi Home net surged 202%. Nerolac profit soared 20%. Savita Oil declined after net profit tumbled 15%. Thermax net declined 18%. Tata Coffee net plunged 25%.

Ukraine and Israel Conflicts Overshadow World Markets

Nichole Harper
21 Jul, 2014
New York City

U.S. stocks traded lower and Ukraine and Israel bombing overshadowed market sentiment for the second week in a row. European Union stepped up diplomatic pressure on Russia. Russia based Severstal sold its U.S. operations for $1.7 billion.