ticker

U.S. Movers: CareFusion, NRG Energy, Nvidia, Priceline, Progressive

Mukesh Buch
09 Aug, 2013
New York City

CareFusion sales dropped but net climbed 14%. NRG Energy net plunged 48% and Nvidia net declined 19%. Priceline profit soared 24% as revenue surged 27%. Progressive net soared to 174%.

U.S. and European Indexes Struggle on Valuation Worries

Nichole Harper
09 Aug, 2013
New York City

U.S. stock traded sideways and resource sector companies in New York, Europe and Asia traded higher after China reported better than expected increase in industrial production. American Movil offer valued Dutch telecom operator KPN for $13.7 billion.

Europe Earnings: Catlin, GDF, KPN, Nestle, Tesco, William Hill

Nigel Thomas
09 Aug, 2013
New York City

Catlin revenues climbed but net declined. KPN received takeover offer from Am

Japan's 30-Year Bond Auction Yields 1.8%, Nikon Plunges 14%

Hiruki Nakamura
09 Aug, 2013
New York City

Japanese government completed 456 billion yen 30-year bond auction that yielded 1.804%. The Nikkei index plunged 5.9% in the week as the yen strengthened. Nikon plunged 14% after quarterly net plunged 72% and camera maker lowered its fiscal year outlook.

Australia Lowers Growth Outlook, Rio Tinto Approves $5.5 Billion Expansion

Marcus Jacob
09 Aug, 2013
New York City

Australian market indexes struggled and Reserve Bank of Australia lowered its economic outlook to 2.25%. Australian dollar gained above 91.40 U.S. cents. Rio Tinto said it plans to go ahead with its $5.5 billion expansion at its Australian iron ore mines.

India Movers: Apollo Tyres, Bosch, Emami, Lupin, NMDC, Tata Motors

Mukesh Buch
07 Aug, 2013
New York City

Apollo Tyres net jumped. Emami net soared 30% as sales jumped 13%. Lupin profit surged 43%. NMDC net declined 18%. Tata Motors net declined 23% and company reported rising sales in emerging markets. Welspun net dropped 55%.

U.S. Jobless Claims Drops to 6-Year Low, China's International Trade Improve

Nichole Harper
08 Aug, 2013
New York City

U.S. weekly jobless claims drop to the lowest since 2007. China reported improving trade data. Tesla sold more than expected electric car sales. Rio Tinto net plunges after mining industry boom wanes. T-Mobile unit of Deutsche Telekom adds more than expected new customers.

U.S. Movers: AES, Prudential Financial, Scripps Networks, Western Digital

Mukesh Buch
08 Aug, 2013
New York City

AES net jumped but revenue was flat. Beam Inc net plummeted 27%. Markel Corp net plunged 69%. Prudential Financial net swung to a loss. Scripps Networks net climbed 12%. Western Digital net plunged 40%.

Europe Earnings: Ferrexpo, ING Groep, Old Mutual, Natixis, Swisscom, TUI

Nigel Thomas
07 Aug, 2013
New York City

Ferrexpo profit plunged 14% and ING Groep net dropped 13%. Old Mutual profit for the first-half declined 49%. Natixis net surged 13% to

U.S. Movers: AOL, DaVita, Ralph Lauren, Walt Disney, Time Warner

Mukesh Buch
07 Aug, 2013
New York City

AOL net tumbled 97%. DaVita net climbed and EOG Resources net surged. Ralph Lauren dropped 6%. Sempra Energy net soared four-fold. Walt Disney increased 1% to $1.85 billion and Time Warner net surged 74% to $771 million.

Europe Earnings: Aviva, Deutsche Telekom, Ladbrokes, Rio Tinto

Nigel Thomas
08 Aug, 2013
New York City

Aviva revenues slid but pre-tax profit climbed 96%. Deutsche Telekom net profit for the second quarter surged 10% to

Volatile Nikkei Falls 1.6% Ahead of Bond Auction

Hiruki Nakamura
08 Aug, 2013
New York City

Nikkei index in Tokyo reversed early gains and closed down 1.6% and yield on Japanese bonds traded volatile ahead of 2.7 trillion yen bond auction tomorrow. The yen gained. Honda plans to build a new plant in Brazil. Sumitomo Realty reported strong quarterly results.

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