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U.S. Trade Deficit Rises 7.7%, Weekly Jobless Claims Rise 16,000

Devan Biswas
03 Apr, 2014
New York City

U.S. trade deficit increased 7.7% after exports declined more than 1%. A rise in crude oil prices in February contributed the rise in trade deficit.

Fall in Yen Extends Broader Rally in Japanese Stocks to Second Week

Hiruki Nakamura
03 Apr, 2014
New York City

Investors in Tokyo extended broader rally in stocks to the second week. Electronics makers and auto exporters led the gainers after the yen declined 0.2%, the second weekly decline in a row. Softbank increase investment in a messaging venture with India based Bharti Enterprises.

Australian Trade Surplus Jumps 33%, Retail Sales Rise 0.2%

Marcus Jacob
03 Apr, 2014
New York City

Australian retail sales rose for the sixth month in a row and trade surplus was ahead of estimates. February retail sales gained 0.2% after rising 1.2% in January. Trade surplus in February jumped 33% to $1.23 billion. Fonterra and Woolworths sign a 10-year deal.

India Movers: Ashok Leyland, Hindustan Motors, TRIL, Venus Remedies, Unitech

Mukesh Buch
03 Apr, 2014
New York City

Ashok Leyland won a contract worth $50 million from Zimbabwe. Hindustan Motors total sales in March tumbled 74%. Transformers & Rectifiers production in fiscal 2014 climbed. Venus Remedies received approval for infection treatment antibiotic in Venezuela.

S&P in Record Zone, Private Sector Adds Jobs at Fastest Pace in March

Nichole Harper
02 Apr, 2014
New York City

U.S. stocks struggled but traded higher ahead of jobs report on Friday. ADP survey showed private employers added 191,000 jobs in March, the largest in the year so far. Amazon is ready to sell set-top box to stream its video library and branch into entertainment business.

Acuity Brands, Intuitive Surgical, MannKind Rise; UniFirst Plunges

Mukesh Buch
02 Apr, 2014
New York City

Acuity Brands net soared 32% after sales climbed 12%. Jos. A. Bank net slipped 4%. Monsanto net surged 13% and sales jumped 7%. UniFirst net fell 4% but revenues rose 3%.

Europe Earnings: Asos, Deutsche Post, Domino

Nigel Thomas
02 Apr, 2014
New York City

Asos net declined 21% but revenue surged 34%. Deutsche Post lifted its earnings outlook. Domino''''s Pizza Group March sales climbed 15% to

Nikkei Extends Rally; Toyota, Nissan U.S. Sales Rise, Honda Sales Lag

Hiruki Nakamura
02 Apr, 2014
New York City

Stocks in Tokyo closed higher and extended rally to the second week and the yen eased. Toyota said U.S. sales increased 4.9% in March. Nissan sales rose 8% and Honda sales declined 2%. Hokkaido Electric extended two-day loss to 15%. Fast Retailing March same store sales increased 0.6%.

Australian Building Approvals Fall 5%; Goodman Fielder, Noni B Plunge

Marcus Jacob
02 Apr, 2014
New York City

Australian stocks closed higher in weak trading volume. Building approvals in February fell 5% on the month and surged 23% from a year ago. Goodman Fielder issued a profit warning. Noni B said quarterly sales dropped 14% and said the retailer is working to lower costs.

India Movers: Ashok Leyland, Ashoka Buildcon, BEL, Bajaj Auto, Il&F, RIL

Mukesh Buch
02 Apr, 2014
New York City

Ashok Leyland said sales in March declined 27%. BEL reported provisional turnover of Rs 6,180 crore. Bajaj Auto March sales edged up and year sales declined 9%. Il&Fs won order worth Rs 176 crore. RIL received $500 million in financing from EDC Canada.

S&P 500 index at New Intra-day High, U.S. Auto Sales Advance

Nichole Harper
01 Apr, 2014
New York City

Market indexes in New York traded higher and private manufacturing index showed a slight expansion. Auto sales rebounded slightly in March after struggling for two months on harsh weather conditions. Intuitive Surgical gained on FDA approval.

Chrysler March Sales Climbs 13%, Ford Sales Up 3%

Mukesh Buch
01 Apr, 2014
New York City

Checkpoint and Gencorp net loss narrowed. Chrysler said March sales were the best since 2007 and climbed 13%. Ford sales rose 3%. Toyota sales climbed 4.9%. Verint Systems earnings rose 4%.

Tokyo Stocks in 8-day Rally, Manufacturing Sentiment Improves in Japan

Hiruki Nakamura
01 Apr, 2014
New York City

Stocks extended rally to the eighth day in Tokyo and construction and airlines stocks participated in the advance. Office products retailer reported March month sales increased 31%. Software developer Jastec reported net income surge of 45% on 10% increase in sales.

Europe Earnings: Alstom, BHP, GKN, Osram Licht, Weir

Nigel Thomas
01 Apr, 2014
New York City

Alstom sold its steam auxiliary unit to Triton for

Australia Holds Rate for the 7th Time, BHP to Spin-off $20 B of Assets

Marcus Jacob
01 Apr, 2014
New York City

Stocks in Sydney pared most of the 1% loss at the opening after two manufacturing reports indicated mixed picture of manufacturing sector in China. Reserve Bank of Australia held benchmark interest rate for the seventh time in a row and noted a solid expansion in the housing market.

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