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China's Trade Surplus Rises in April

Devan Biswas
08 May, 2014
New York City

Exports increased 0.9% from a year ago to $188.54 billion and imports rose 0.8% to $170.09 billion, General Administration of Customs reported today.

U.S. Tech Stocks Rebound, Earnings in Focus

Nichole Harper
08 May, 2014
New York City

U.S. market indexes rebounded led by a sharp upturn in tech and internet stocks. Weekly jobless claims increased 26,000. China reported an increase in April trade surplus. Exports and imports increased less than 1%.

Europe Earnings: BT Group, Centrica, Enel, Munich RE, Sage, Supergroup

Nigel Thomas
08 May, 2014
New York City

BT Group net jumped 7% to

Toyota and Mitsubishi Corp Net Soar

Hiruki Nakamura
08 May, 2014
New York City

Stocks rebounded in Tokyo and investors shifted attention to domestic earnings. Toyota reported fiscal year sales increased 16.4% and net income soared 90%, Mitsubishi Corp net soared 23% and Nintendo annual net swung to a loss.

Australian Stocks Rebound, AMP Cash Flow Soars 72%

Marcus Jacob
08 May, 2014
New York City

Australian market indexes advanced and trading volume picked on active trading in smaller companies. Australian dollar edged higher after China reported higher than expected trade surplus. Qantas plans to shed 2,200 jobs. AMP Limited said net cash flow soared 72%.

India Movers: Aditya, BHEL, Hatsun Agro, Magma Fincorp, P&G, UBI

Mukesh Buch
08 May, 2014
New York City

Aditya Birla tumbled after net declined 90% and sales surged 62%. BHEL successfully commissioned power plant in Oman. Hatsun Agro net plunged but sales jumped. Magma Fincorp net fell 4%. P&G Hygiene profit surged 55%. Union Bank net declined 27%.

Tech Stocks Lead U.S. Indexes Lower

Nichole Harper
07 May, 2014
New York City

Market indexes on Wall Street struggled and tech heavy Nasdaq Composite Index plunged 1.1%. AOL, FireEye, Groupon and Zulily plunged after weaker than expected results. Whole Foods slumped 20% after the organic food retailer trimmed outlook for the second time.

Mondelez Soars; Perrigo, Whole Foods Decline

Mukesh Buch
07 May, 2014
New York City

Duke Energy net swung to a loss $97 million but revenue soared 12%. Icahn Ent net swung to a loss. Mondelez Intl net tumbled 70%. Perrigo profit plunged 57%. Walt Disney profit surged 27%. Whole Foods plunged 20% after growth stalls.

Europe Earnings: Commerzbank, Experian, HSBC, Societe Generale, Siemens

Nigel Thomas
07 May, 2014
New York City

Commerzbank net swung to a profit

Nikkei in Tokyo Drops 2.9%, Softbank Plunges 5%

Hiruki Nakamura
07 May, 2014
New York City

Indexes in Tokyo plunged nearly 3% and the yen gained after a 4-day weekend in Japan. Automakers and electronics exporters declined. Softbank plunged 5% after quarterly results were weaker than expected and wireless carrier said it does not plan to sell its stake in Alibaba public offering.

India Movers: Allahabad Bank, Clariant, Kajaria, Lupin, Syndicate Bank

Mukesh Buch
07 May, 2014
New York City

Allahabad Bank net jump 25%. Clariant Chemicals net plunged 39%. Hindustan Media Ventures climbed 20%. IRB Infra won contract for a road project in Haryana. Kajaria Ceramics profit and sales surged and agreed to acquire 51% stake in Taurus Tiles. Lupin net jumped 35%.

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