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TVS Motor Net Rises; Cipla, HCL, SAIL Net Fall

Mukesh Buch
14 Nov, 2014
New York City

Cipla quarterly profit declined 17%. DLF net rose 9%. Gujarat Gas net and revenues declined. HCL profit plunged 72%. HDIL net soared 36%. SAIL net tumbled 45%. SCIL net swung to profit but revenues advanced 10%. TVS net rose 7%. Tata Power net swung to loss.

Weak Oil Overshadows Deals on Wall Street

Nichole Harper
13 Nov, 2014
New York City

Stocks market indexes traded lower after crude oil extended five month losses with 3% decline. Proctor & Gamble agreed to sell Duracell business to Berkshire Hathaway for $4.7 billion. Hasbro is in talks to buy Dreamworks SKG. Walmart Stores reported better than expected results.

Foreign Investors Increase Japan Stock Exposure

Hiruki Nakamura
13 Nov, 2014
New York City

Market indexes in Japan closed higher and the Nikkei 225 Stock Average extended gains to 11% in the month. Foreign investors added net 2 trillion yen of $17.3 billion of Japanese equities in the two weeks to November 7.

Berkshire Buys Duracell from P&G, Wal-Mart Net Slips

Mukesh Buch
13 Nov, 2014
New York City

Berkshire Hathaway agreed to acquire the Duracell battery business from Procter & Gamble. Hasbro is in talk with DreamWorks Animation. Kohl''s net plunged 20%. SeaWorld Entertainment net tumbled 27.7% on 8% decrease in revenues. Viacom net declined 9%. Wal-Mart net slid 0.4%.

Ahold, SAB Millier, Symrise Net Soar; RWE Net Loss Narrows

Nigel Thomas
13 Nov, 2014
New York City

Ahold net climbed 8% to

Australian Indexes Struggle, Graincorp Net Falls 8%

Marcus Jacob
13 Nov, 2014
New York City

Australian dollar was in focus after market indexes trimmed losses in the day and price of oil, iron ore and gold trended lower. Graincorp said annual revenues declined 8%. Ramsay Health Care Ltd reaffirmed its 2015 outlook.

ONGC Net Rises 10%, BPCL Net Plunges 50%

Mukesh Buch
13 Nov, 2014
New York City

BPCL quarterly net profit tumbled 50%. Hindalco net plunged 78%. Max India and MRPL net swung to loss. Nalco net surged 91% on 16% increase in revenues. ONGC profit and revenue climbed. Sun Pharma net rose 15%.

Six Banks Settle U.S. and Europe Currency Probe with $4.25 B

Nichole Harper
12 Nov, 2014
New York City

U.S. market indexes traded higher and extended gains in the year as commodities continued to slide. U.S., UK and Swiss regulators together fined $4.25 billion to six banks and settled charges related to currency market rigging practice.

Stocks in Japan Extend Multi-year Highs Higher Sales Tax Delay

Hiruki Nakamura
12 Nov, 2014
New York City

Stocks in Tokyo advanced and investors prepared for a possible snap elections in Japan and wait for the implementation of higher sales tax. Current account surplus increase for the third month in a row in September. Dentsu Inc, the largest ad agency reported 5% sales increase in first-half.

ADT, Fossil, Macy's, Pinnacle Foods Jump; Smucker Drops

Mukesh Buch
12 Nov, 2014
New York City

ADT net tumbled 15%. Energizer net plunged 19% but revenues soared 7%. Fossil net declined 16%. Smucker forecasted second-quarter sales to drop 5%. Macy''s net soared 23%. Pinnacle Foods profit surged more than two-fold. Rockwell Automation net climbed 15%.

Australian Indexes Drop 0.9%, Myer Holdings Struggles

Marcus Jacob
12 Nov, 2014
New York City

Australian market indexes traded lower on the weakness in iron ore miners and the latest private measure of confidence showed smaller than expected increase. Myer Holdings, the department store operator reported weaker than expected sales and comparable sales.

Burberry Net Declines 7%; Sainsbury Net Swings to Loss

Nigel Thomas
12 Nov, 2014
New York City

Burberry profit dropped 7% to

Abbott, Power Grid, Tata Steel Net Climb; Oil India Net Falls

Mukesh Buch
12 Nov, 2014
New York City

Abbott quarterly net surged 41% and Adani net swung to profit. Aditya Birla profit soared 55%. Bajaj Hindusthan and HMT losses narrowed. Oil India net and revenue declined. Power Grid net rose 3%. Tata Steel net profit jumped 37%. Uflex net surged 42% on 9% increase in revenues.

Indexes Set Records on Wall Street

Nichole Harper
11 Nov, 2014
New York City

Market indexes on Wall Street struggled to advance after a weak start. Bond market and the federal government were closed on Veterans Day today. European markets traded sideways. The Nikkei and Topix indexes in Japan closed at multi-year highs.

Horton, Rackspace Advance; Woodward Declines

Mukesh Buch
11 Nov, 2014
New York City

Atwood Oceanics net and revenue soared 10%. CST Brands surged 50% but revenue fell 3%. D.R. Horton profit climbed 19% on 38% increase in revenue. MTS Systems net tumbled 49%. Rackspace Hosting net soared 15%. Woodward net fell 1%.

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