ticker

India Movers: CRISIL, Essar Ports, HMT, IndusInd Bank, MRF

Mukesh Buch
18 Apr, 2013
New York City

CRISIL fourth quarter net declined 15% and Essar Ports net swung to profit. Government controlled HMT soared on speculation of capital injection. IndusInd Bank fourth quarter net climbed 37.6% and MRF second quarter net jumped 40%.

Australian Resource Stocks Plunge 5%

Marcus Jacob
18 Apr, 2013
New York City

Australian stocks plunged in the late afternoon to extend the daily loss to 1.6% in the broader indexes. Commodities declined and copper dipped to the price last seen in October 2011. Resource sector index dropped more than 4%.

Wall Street Extends Global Markets Decline

Nichole Harper
17 Apr, 2013
New York City

Stocks on Wall Street declined as global growth worries resurfaced and the latest batch of earnings disappointed analysts. European auto sales dropped for the eighteenth month in a row. Bank of America, Intel and CSX traded lower after reporting earnings.

U.S. Movers: Abbott, BofA, CSX, Intel, Linear Tech, Yahoo

Mukesh Buch
17 Apr, 2013
New York City

Abbott first quarter net plunged 56% and BofA net surged to $2.26 billion. Intel net plunged 25% to $2.04 billion. Linear third quarter jumped 13%. Bank of New York first quarter net swung to $266 million loss. Yahoo first quarter net jumped 92% to $390 million.

European Auto Market Weakness Continues, Stocks Decline

Jeffrey Gogo
17 Apr, 2013
New York City

European markets declined on weak auto sales and the IMF lowered its global growth outlook. Auto sales in Germany plunged 17% and Peugeot Citroen lowered its annual outlook.

Australian Indexes Rise 1%, BHP Production Lower on Weather Delays

Marcus Jacob
17 Apr, 2013
New York City

Australian markets traded higher tracking higher metal prices. BHP Billiton reaffirmed its annual production outlook but missed quarterly expectations for its iron ore and crude oil production. Harvey Norman said sales increased 0.6%.

India Movers: TCS Net Gains 3%, Oil India to Raise $400 Million

Mukesh Buch
17 Apr, 2013
New York City

Crompton Greaves secured contract worth $60 million from Iraq. GAIL plans to sell its 4.6% stake in China Gas Holdings. HCL Technologies third quarter jumped 7.8%. Oil India plans to raise $400 million. TCS fourth quarter net rose 3% and Yes Bank net surged 33%.

Europe Movers: ASML Net Tumbles 66%, Tesco Net Plunges

Nigel Thomas
17 Apr, 2013
New York City

ASML first quarter net income tumbled 66% to

U.S. Movers: BlackRock, J&J, Coca-Cola, Goldman Sachs, Grainger

Mukesh Buch
16 Apr, 2013
New York City

BlackRock fourth quarter net climbed 25% and J&J first quarter net dropped 10%. Coca-Cola quarterly net tumbled 15% and Goldman Sachs net advanced 5% to $2.18 billion. U.S. Bancorp first quarter net jumped 7% and Grainger net climbed 13% and lifted outlook.

Europe Movers: Danone Sales Rise 5.6%, LVMH Sales Jump 6%

Nigel Thomas
16 Apr, 2013
New York City

Danone first quarter group sales jumped 5.6% to

Euro Zone Inflation Falls, EU Proposes Tighter Banking Rules

Nigel Thomas
16 Apr, 2013
New York City

Financial markets across the euro zone rebounded following the gains in New York. The European Union proposed tighter banking rules and proposed higher capital and limits on annual bonuses. Inflation across the euro zone fell to 1.7%.

Nikkei at Close Cuts Half the Losses of the Day, Yen Gains

Hiruki Nakamura
16 Apr, 2013
New York City

Financial markets in Tokyo recovered some of the 1% losses in indexes and resources linked companies led the decliners. The yen gained and Softbank plunged as much as 9% after a competing bid from Dish may force the company to lift its bid for Sprint.

Australian Indexes Weak on Gold Rout

Marcus Jacob
16 Apr, 2013
New York City

Australian markets opened lower but in the late afternoon trimmed losses. Gold plunged 10% and resource sector linked stocks led the decliners. RBA is on hold to let the rate cuts work through the system and held out the possibilities of future cuts.

Reliance Industries Net Surges 24%, Tata Power Wins Tariff Hikes

Mukesh Buch
16 Apr, 2013
New York City

CMC fourth quarter net edged up. Shares of two gold loan companies dropped more than 9%. Reliance Industries said fourth quarter net profit surged 24% Power regulator approved Tata Power to lift power tariff in five states.

Gold's Plunge of 10% Drags Stocks on Merger Monday

Nichole Harper
15 Apr, 2013
New York City

Financial markets declined following losses in commodities after China reported slower than expected growth. Gold and silver plunged 10% and crude oil declined 3%. Dish Network made an unsolicited offer to buy Sprint. Thermo Fisher agreed to buy Life Technologies for $13.6 billion.

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