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Confidence Index in Japan Drops to a 30-Month Low, GungHo Soars

Hiruki Nakamura
17 Apr, 2014
New York City

Market indexes in Tokyo closed nearly unchanged in thin trading. Confidence index dropped to the lowest in March since August 2011. GungHo Online Entertainment soared on profit report. Developer Ichigo Group reported net annual sales more than doubled.

Nikkei in Tokyo Rises 0.7%, PlayStation 4 Sales Cross 7 Million

Hiruki Nakamura
18 Apr, 2014
New York City

Stocks advanced for the third day in Tokyo but trading volume was thin. Sony said sale of video game console unit in the first six month since its release outpaced 7 million and stayed ahead of Microsoft

Australian Indexes Advance 0.6%, March Imports Fall 2%

Marcus Jacob
17 Apr, 2014
New York City

Australian market indexes struggled to advance but a last minute rally lifted indexes. Australian imports in March declined 2% form the revised February data. Santos estimated higher production in the current year.

Europe Earnings: Burberry, Co-Op Group, Diageo, Mulberry, SAP

Nigel Thomas
17 Apr, 2014
New York City

Burberry said revenue climbed 16% to

U.S. Movers: BlackRock, GE, Goldman Sachs, Google, IBM, PepsiCo

Mukesh Buch
17 Apr, 2014
New York City

General Electric net declined 15%. Goldman Sachs profit plunged 11%. Google net rose 2% but revenue soared 19%. IBM net plummeted 21% and revenue fell 4%. Morgan Stanley net surged 55%. PepsiCo net soared 13% on flat sales. UnitedHealth net declined 7%.

U.S. Stocks Rise on Earnings and Production Data

Nichole Harper
16 Apr, 2014
New York City

U.S. stocks advanced for the third day in a row and the Nasdaq Composite erased nearly 2% of the 7% correction since March. Bank of America swung to a quarterly loss. Yahoo exceeded its quarterly sales estimate.

Bank of America Swings to Loss; Yahoo Surges, Twitter Falls

Mukesh Buch
16 Apr, 2014
New York City

Abbott net tumbled 31% and sales fell 3%. Bank of America net swung to a loss. Grainger profit rose 2% on 5% increase in revenues. Johnson Controls plans to acquire Air Distribution Tech from Canada Pension Plan for $1.6 billion. Intel net dropped 4%. Yahoo profit tumbled 20%.

Europe Earnings: ASML, Credit Suisse, Danone, GEA, Syngenta

Nigel Thomas
16 Apr, 2014
New York City

ASML net surged 159% to

Japan's Population Shrinks for the Third Year, China's Growth Slows to 7.4%

Hiruki Nakamura
16 Apr, 2014
New York City

Stocks in Tokyo advanced for the second day in a row and China

BHP, Fortescue Offer Positive Production Outlook

Marcus Jacob
16 Apr, 2014
New York City

Australian market indexes opened higher and gained 0.6%. BHP Billiton lifted its annual production outlook and Fortescue Metals reaffirmed its iron ore production estimate. National Broadband Netowrk said quarterly loss widened.

India Movers: Gujarat Pipavav, Godrej, HCC, IndusInd Bank, Jubilant Food, TCS

Mukesh Buch
16 Apr, 2014
New York City

Godrej received regulatory approvals to merge with Wadala Commodities. HCC secured a contract worth Rs 300 crore from Delhi Metro. IndusInd Bank net climbed 29%. Tata Steel production and sales jumped.

Charles Schwab, J&J, Coca-Cola Rise; Comverse, Northern Trust Fall

Mukesh Buch
15 Apr, 2014
New York City

Charles Schwab net surged 58%. Comerica profit rose 4%. Johnson & Johnson net climbed 35% and sales jumped 4%. Coca-Cola net dropped 8% and revenue declined 4%. Northern Trust net soared 11%.

Europe Movers: Debenhams, L'Oreal, Nestle, Rio Tinto, SABMiller

Nigel Thomas
15 Apr, 2014
New York City

Debenhams profit declined 23% to

U.S. Inflation Rises 0.2%, Zebra Tech to Buy Motorola Solutions' Division

Nichole Harper
15 Apr, 2014
New York City

U.S. stocks struggled to advance as earnings season gain momentum. U.S. consumer prices reported by the government rose 0.2% in March. Zebra Technologies agreed to acquire enterprise division from Motorola Solutions for $3.45 billion in cash.

Financials Lead Gainers in Japan Indexes, Shippers Fall on Rate Weakness

Hiruki Nakamura
15 Apr, 2014
New York City

Stocks in Tokyo halted a seven-day losing streak and financials led the gainers. The yen strengthened and the ocean freight shipping companies led the decliners after the measure of freight rate declined for the fourteenth day in a row.

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