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U.S. Indexes Search for Direction After Durable Goods Orders Fell 5.7%

Nichole Harper
24 Apr, 2013
New York City

Broader market indexes struggled in search of direction after durable goods orders declined the most in seven months in March. Apple Inc reported better than expected earnings and revised its stock buyback plan and increased quarterly dividend by 15%.

Nikkei Advances 2.3% to a 5-Year High

Hiruki Nakamura
24 Apr, 2013
New York City

Nikkei extended rally and jumped 2.3%, the most in twelve days, after the yen resumed its slide and declined to a level close to 100-mark. Bank of Japan is scheduled to meet later in the week. JFE Holdings, Mitsubishi Motor and Canon gained on earnings.

Australian Stocks Extend Rally, Slower Rise in Inflation

Marcus Jacob
24 Apr, 2013
New York City

Australian stocks jumped for the second day in a row led by a recovery in mining and energy stocks. Australian consumer price inflation in the first quarter to March increased 0.4% and for the year jumped 2.5%.

U.S. Movers: Apple, AT&T, Eli Lilly, Ford, Hess, Boeing, P&G

Mukesh Buch
24 Apr, 2013
New York City

Apple second quarter net dropped 18% and Eli Lilly first quarter net surged 53%. Ford net climbed 14% and Hess first quarter net soared 134%. Boeing net climbed 20% and P&G third quarter net jumped 6% to $2.57 billion.

European Markets Extend Gains, Weak German Business Confidence

Jeffrey Gogo
24 Apr, 2013
New York City

Market indexes across the European Union gained despite for the second day weak economic data. German business confidence declined and UK retail sales dropped. In corporate profits, Daimler AG said operating profit shrank 56% and Credit Suisse reported a surge in net income.

Europe Movers: Barclays, Daimler, Fenner, Glaxo, Volkswagen

Nigel Thomas
24 Apr, 2013
New York City

Barclays underlying first-quarter profit swung to

U.S. Stock Rally Extend to Third Day on Earnings, Gloomy World Outlook

Nichole Harper
23 Apr, 2013
New York City

Stocks in New York traded higher for the third day in a row after solid earnings reports from Ameriprise, Dupont, Netflix, Travelers and United Technologies. New home sales increased 1.5% in March. On the economic front, the euro zone and China manufacturing outlook suggested weak economic activities.

The Pause in Yen Slide Drags Nikkei in Tokyo

Hiruki Nakamura
23 Apr, 2013
New York City

Stocks in Tokyo edged lower after investors took profit in real estate and financial services companies. The yen paused its slide against the dollar and the Nikkei index fell 0.3%. Real estate stocks surged doubled after the Nikkei index soared 58% since November 2012.

U.S. Movers: B/E Aerospace, Caterpillar, Halliburton, Hasbro, Netflix

Mukesh Buch
22 Apr, 2013
New York City

BE Aerospace first quarter net soared 31% and Caterpillar net plunged 45%. Halliburton net swung to $18 million loss and Hasbro first quarter loss widened. Netflix surged after net swung to profit and added more than estimated net new subscribers.

U.S. Movers: Air Products, A. O. Smith, Coach, Delta Air, du Pont, Travelers

Mukesh Buch
23 Apr, 2013
New York City

A. O. Smith first quarter net plunged 18% and Coach net jumped 6%. Delta Air Lines net tumbled 94%. du Pont first quarter net soared 31% and Illinois Tool net dropped 27%. Rogers Communications net rose 3% to $3.03 billion and The Travelers Co jumped net 11% to $896 million.

Australian Indexes Surge 1%, Miners Quarterly Output Fall on Weather

Marcus Jacob
23 Apr, 2013
New York City

Australian indexes advanced on a rally in resource, consumer and financial sector stocks. The latest manufacturing survey in China indicated showed slower than expected increase in growth rate. Wesfarmers and Evolution Mining Limited reported quarterly production decline.

European Markets Jump 2%, Weak Output in Euro Zone

Jeffrey Gogo
23 Apr, 2013
New York City

Markets in the euro zone surged on the growing speculation that the European Central Bank may be forced to lower benchmark rate. The latest read on manufacturing output showed weakness across the region led by a weakness in Germany.

Europe Movers: ARM Holdings, ASDA, Richemont, STMicroelectronics

Nigel Thomas
23 Apr, 2013
New York City

ARM Holdings first quarter profit surged 39% and Associated British Foods profit for the period soared 27% to

India Movers: Cairn India, HDFC Bank Net Jump; Tata Sponge Net Drops

Mukesh Buch
23 Apr, 2013
New York City

Cairn India fourth quarter net surged 17% and HDFC Bank net surged 30%. Mahindra Lifespace fourth quarter net soared 95% and Persistent Systems net climbed 43%. Reliance and Airtel signed pact for international data connectivity. Tata Sponge fourth quarter net plunged 36%.

U.S. Home Sales Fall 0.6% in March, Stocks on Wall Street Zigzag

Nichole Harper
22 Apr, 2013
New York City

Stocks on Wall Street meandered. Existing home sales declined 0.6% in March but media price rose 11.8%. Power-One soared 57% after ABB Ltd agreed to acquire the company for $1 billion.

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