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Europe Earnings: Atlas Copco, Bovis Homes, Kentz, Kingspan, Statoil

Nigel Thomas
19 Aug, 2013
New York City

Atlas Copco agreed to acquire Edwards Group for

U.S. Indexes Drop to a 5-Week Low, Treasury Yields Rise

Nichole Harper
16 Aug, 2013
New York City

U.S. market indexes traded sideways and housing starts rose more than expected on a 25% surge in volatile apartment construction. Consumer confidence index declined unexpectedly. SEC approved the ICE

Nikkei Declines in Low Volume, Tokyo Tatemono Gains

Hiruki Nakamura
16 Aug, 2013
New York City

Stocks in Tokyo closed lower trimmed the weekly gain. Trading on exchanges declined near the low of the year and the yen was stable. Investors sold across Asia and adjusted to a growing possibility of earlier than expected stimulus tapering in the U.S.

Australian Indexes Extend Weekly Loss to 1.2%, ANZ Net Soares 7%

Marcus Jacob
16 Aug, 2013
New York City

Australian markets extended losses and indexes fell 1.2% in the week. ANZ Banking Group said cash profit rose 7% to $4.8 billion but said net interest margins are narrowing. Santos Limited said net first-half net increased 3%. APN News Media rebounded to profit.

U.S. Movers: Aspen Tech, Applied Materials, Dell, Nordstrom, Third Point

Mukesh Buch
16 Aug, 2013
New York City

Aspen Tech net swung to profit after revenue jumped. Applied Materials net tumbled 23% as sales plunged 15%. Dell net plummeted 72% and revenue flat. Nordstrom net soared 18% and sales climbed 4.4%.

Sensex in Mumbai Plunges 4%; Jain Irrigation, MMTC, United Breweries in Focus

Mukesh Buch
16 Aug, 2013
New York City

Gujarat Fluoro net and sales tumbled. Jain Irrigation loss widened. Kingfisher net loss widened and accumulated to Rs 17,180.37 crore. Nalco profit plunged 28.4% as revenue declined. Renuka Sugars net swung to loss. Whirlpool net and sales dropped.

Europe Earnings: ASDA, ASML Holding, Maersk, Telekom Austria

Nigel Thomas
16 Aug, 2013
New York City

ASDA said second quarter comparable sales rose 0.7%. Maersk profit for the year declined 13% to 4.89 billion kroner as revenue dropped 9% and estimated global demand for ocean freight to rise 2% to 3%. Telekom Austria plan to sell new equity worth

U.S. Weekly Jobless Claims Decline, CPI Rises 0.2%

Nichole Harper
15 Aug, 2013
New York City

U.S. market indexes declined after Cisco and Wal-Mart earnings some investors. Weekly jobless claims dropped to the lowest since October 2007 and consumer price index in July increased at a modest pace of 0.2%.

Volatility in Tokyo Trading Jumps on Thin Volume

Hiruki Nakamura
15 Aug, 2013
New York City

Volatile market indexes plunged in Tokyo in thin trading after finance minister Aso confirmed that corporate tax rate is not likely to be overhauled. The yen strengthened and trading volume on stock exchanges dropped near the yearly low. Gree soared after quarterly results.

Australian Indexes Struggle, Wesfarmers to Return $579 Million

Marcus Jacob
15 Aug, 2013
New York City

Australian market indexes traded sideways and trading volume increased. Retail and resource sector conglomerate Wesfarmers Limited said full-year net income increased 6.3% and $579 million capital return to shareholders. The wealth manager AMP Limited said first-half net increased 6%.

U.S. Movers: Cisco, Kohl

Mukesh Buch
15 Aug, 2013
New York City

Cisco net soared 18% as revenue jumped. Kohl

Europe Earnings: Cineworld, H & M Hennes, Oriflame, Zurich Insurance

Nigel Thomas
15 Aug, 2013
New York City

Cineworld profit surged as sales soared 22%. H & M Hennes said comparable sales in July slid 1%. Oriflame Cosmetics plunged 27%. Ophir Energy net loss in the first-half narrowed. Zurich Insurance profit slid 17% to $1.85 billion.

Market Indexes Extend Decline on Cautious Economic Outlook

Nichole Harper
14 Aug, 2013
New York City

U.S. indexes traded lower and wholesale price index was unchanged in July and core price index increased 0.1%. Gold price increase 0.9%. Apple Inc extended 3-day rally to 11% after Carl Icahn announced a stake of $1 billion. Steinway Musical agreed to go private for $512 million.

Tokyo Indexes Advance on 2% Decline in Yen, Real Estate Developers in Focus

Hiruki Nakamura
14 Aug, 2013
New York City

Market indexes in Tokyo increased for the second day in a row. The yen declined 2% and traded above 98 against one dollar. Recruit Holdings acquired the largest executive search company in India. Australian franchise of Domnio

Australian Wage Index Up 0.7%; Commonwealth Bank, CSL, Carsales Net Up

Marcus Jacob
14 Aug, 2013
New York City

Australian indexes closed lower in below average trading. Wage price index increased 0.7% in the second quarter to June and rose 3% from a year ago. Carsales.com Limited lifted its annual profit outlook by 17%. CSL Limited first-half net increased 19%.

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