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India Movers: ABB, Ashok Leyland, Grasim, RCapital, Tata Motor

Mukesh Buch
05 May, 2014
New York City

ABB net jumped 20% but sales fell. Ajanta Pharma profit surged 159%. Ashok Leyland sales in April declined 21%. Grasim sales and profit jumped. RCom net tumbled 49% but R Capital profit rose. Tata Motors April sales dropped 34%.

Chevron, Fluor Net Plunge; CVS, Sempra Net Rise

Mukesh Buch
02 May, 2014
New York City

Chevron net plunged 27% and revenue dropped 6%. CVS Caremark net surged 18%. Cooper Tire net and sales jumped. Fluor profit plummeted 10%. LinkedIn net swung to a loss. Marsh & McLennan net climbed 7%. Sempra Energy profit surged 39%.

Europe Earnings: AstraZeneca, InterContinental Hotels, RBS

Nigel Thomas
02 May, 2014
New York City

AstraZeneca board rejected revised

U.S. Employers Add Jobs but Participation Rate Drops, Stocks Waver

Nichole Harper
02 May, 2014
New York City

U.S. stocks failed to build on the better-than-expected monthly payrolls increase in April. Employers at all levels added 288,000 jobs and March increase was revised higher to 203,000. However, labor participation rate declined to 35-year low of 62.8%.

Nikkei Extends Losses; Asahi Sales Rise 10%, Idemitsu Kosan Net Plunges

Hiruki Nakamura
02 May, 2014
New York City

For the week, the Nikkei index slipped 0.4% and investors reacted to domestic earnings. Asahi fiscal year sales increased 10%. Axial Retailing annual net surged 39%. Idemitsu Kosan annual revenues rose 15% but net plunged 28%.

Australian New Home Sales Rise 5.8%, Macquarie Annual Net Soars 49%

Marcus Jacob
02 May, 2014
New York City

Australian stocks closed higher and for the week the benchmark index declined 1.3%. Stock trading turnover was dipped below 60-day average and investors focused on domestic earnings. Myer quarterly sales declined 1%. Macquarie Group annual net income soared 49%.

India Movers: Bata, HCC, HeidelbergCement India, Merck, NOCIL

Mukesh Buch
02 May, 2014
New York City

Bata India net rose 2% and revenue climbed 9%. HeidelbergCement India net swung to profit after sales soared. KEC Intl net swung to a profit. Merck profit climbed 75%. NOCIL net tumbled 55% but sales surged 46%. Shriram City Union Finance net soared 20%.

India Car Sales Struggle and Motorcycle Sales Rise

Mukesh Buch
02 May, 2014
New York City

Bajaj Auto total sales in April dropped 4% but export climbed 16%. Hero Motocorp sales climbed 14%. Maruti Suzuki total sales declined 11.4% after domestic sales plunged 13% and passenger car sales dropped 14%. M&M auto sales declined 12%. TVS sales climbed 15%.

MasterCard Jumps; Domino's Pizza, Kellogg Fall

Mukesh Buch
01 May, 2014
New York City

Becton, Dickinson net and revenue rose 4%. BorgWarner net jumped 12%. ConocoPhillips net slid 0.9%. Domino''s sales and profit climbed Exxon Mobil net dropped 4%. Kellogg net surged 30%. MasterCard net and revenue climbed 14%.

Europe Earnings: BSkyB, Lloyds, Rolls-Royce, Shire, Serco Group

Nigel Thomas
01 May, 2014
New York City

BSkyB net declined 15% to

U.S. Weekly Jobless Claims Rise, World Markets Ease on China Slowdown

Nichole Harper
01 May, 2014
New York City

U.S. stocks struggled and maintained downward bias after weekly jobless claims increased more than expected. Also, world markets were on the defensive after the latest manufacturing data confirmed slowing Chinese economy. Exxon Mobil and MasterCard reported higher earnings.

Earnings in Japan Support Market Advance; ANA, Kawasaki Kisen, Seiko Rise

Hiruki Nakamura
01 May, 2014
New York City

Broader market averages gained to a 3-week high and domestic earnings were in focus. Kyushu Electric and Hokkaido Electric Power gained after the companies said a government-backed bank will invest in utilities. Seiko Epson swung to profit. Kawasaki Kisen Kaisha reported higher earnings.

Australian Stocks Drop 0.7%; ANZ Lifts Dividend, Mirvac Lifts Outlook

Marcus Jacob
01 May, 2014
New York City

Australian stocks opened lower and steadily lost ground in active trading. The Aussie dollar firmed up and traded above 93 U.S. cents. ANZ Banking Group said first-half earnings increased 11% and lifted its dividend. Lynas Corp reaffirmed its annual production outlook.

U.S. GDP Growth Stalls, As Promised Fed Trims Bond Purchases

Nichole Harper
30 Apr, 2014
New York City

U.S. growth slowed to 0.1% in the first quarter as harsh winter weather affected investment plans and exports declined. Personal consumption has been driving the economic growth but stagnating wages and weak employment is likely to keep the economic growth in check. Fed trims bond purchase again.

International Paper Rises; eBay, Exelon, Glaxo, Twitter Decline

Mukesh Buch
30 Apr, 2014
New York City

eBay net swung to a loss but sales soared 14%. Exelon net swung to a profit and revenue climbed 19%. Glaxo profit plunged after sales declined. International Paper net swung to a loss. Time Warner profit climbed 71%. Twitter net loss widened.

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