ticker

Dean Foods Swings to Loss; CVS, Markel Jump

Mukesh Buch
11 Feb, 2014
New York City

CVS Caremark net surged 13%. Dean Foods net swung to a loss. Entergy net plummeted 50%. HCP profit jumped 13% but revenue fell 5%. IntercontinentalExchange net swung to a loss. Ingersoll-Rand net tumbled 80%. Markel profit soared 168%.

Europe Earnings: Barclays, Glencore, L

Nigel Thomas
11 Feb, 2014
New York City

Barclays profit surged

Australian Markets Gain 0.6%; Cochlear Plunges 9%, Forge Halted

Marcus Jacob
11 Feb, 2014
New York City

Australian market indexes gained 0.6% and the exchange grappled with glitches and trading was halted for thirty minutes. Cochlear Limited plunged 9% on earnings outlook. Forge Group faces bankruptcy. ANZ guided revenues in 2014 to increase between 4% and 5%.

India Movers: Aditya Birla, Reddy's, NMDC, Tata Motors

Mukesh Buch
11 Feb, 2014
New York City

Aditya Birla Nuvo net jumped 22% but revenues declined. CEAT profit climbed and revenue surged. Dr. Reddy''s net soared 70% after sales jumped 23%. NMDC net surged 21%. NOCIL net climbed 53%. Tata Motors net surged 195% on a rise in luxury segment sales.

U.S. Stocks Trend Lower Ahead of Yellen Comments

Nichole Harper
10 Feb, 2014
New York City

U.S. stocks struggled and lacked direction and investors looked to economic data releases in the week ahead. The dollar against the yen and emerging market currencies. Crude oil and gold gained and the yield on 10-year Treasury notes inched higher.

CNA, Dick

Mukesh Buch
10 Feb, 2014
New York City

CNA Financial net swung to a profit after sales jumped 4%. Dick

Europe Earnings: Barclays, Deutsche Telekom, Nestle, Securitas, Vodafone

Nigel Thomas
10 Feb, 2014
New York City

Barclays expects adjusted pretax profit for the year to drop 26%. Deutsche Telekom acquired remaining stake of 39% of T-Mobile Czech Republic for

Current Account Woes in Japan, Nikkei Rises 1.8%

Hiruki Nakamura
10 Feb, 2014
New York City

Japan reported record low annual current account surplus in 2013. Deficit in December widened to 638 billion yen and imports rose more than exports in the month on higher demand for energy. The yen traded above 104 against one dollar.

Australian Markets Rebound, A New Round Write-offs at RIo Tinto

Marcus Jacob
10 Feb, 2014
New York City

Australian market indexes rebounded and the Aussie dollar advanced. Rio Tinto is expected to announce a new round of write-offs resulting in a quarterly loss of $5 billion. BHP eliminates 230 jobs at a venture with Mitsubishi. Regional Express tumbled 10%.

India Movers: Dena Bank, Godrej, HCC, RCom, TV18, United Bank

Mukesh Buch
10 Feb, 2014
New York City

Dena Bank net declined 67%. Godrej profit tumbled 64% but revenue climbed 18%. Hindustan Construction won orders worth Rs 725 crore in various business segments. RCom net rose 3% and revenue grew 2%. Sun TV net fell 2%. TV18 net soared. United Bank net swing to a loss.

U.S. Stocks Advance After Payrolls and Positive Earnings Reports

Nichole Harper
07 Feb, 2014
New York City

Stocks on Wall Street advanced and trimmed weekly and yearly losses after a string of positive earnings reported and construction industry expanded payrolls despite harsh weather conditions in January. Employers added less than expected 113,000 jobs, weak growth for the second month in a row.

Apple in $14 B Stock Buy Back; Gap, Expedia Rise, Cigna, LinkedIn Fall

Bikram Pandey
07 Feb, 2014
New York City

Apple Inc bought back $14 billion of its stock in the last two weeks after earnings release that disappointed investors. Expedia Inc saored 14% after adjusted quarterly earnings were ahead of expectations. LinkedIn fell 6% on weaker than expected sales outlook. Gap Inc jumped 6%.

Weak Job Growth in January, Jobless Rates Falls to 6.6%

Nichole Harper
07 Feb, 2014
New York City

Economists were surprised by the smaller than expected increase in January employment data and harsh weather played a key role.

U.S. Movers: Green Mountain Soar Coca Cola Stake, Twitter Plunges 21%

Mukesh Buch
06 Feb, 2014
New York City

Twitter Inc plunged 21% after the social networking company reported less than expected monthly active user growth of 30%. Pandora Media dropped 9% after the streaming media estimated weaker than expected outlook. Walt Disney reported higher than expected earnings. GM net was less than forecasted.

Wall Street Indexes Gain 1% on Earnings and Jobless Claims Data

Nichole Harper
06 Feb, 2014
New York City

U.S. indexes advanced after investors shifted attention to earnings and weekly jobless claims were lower than expected. European Central Bank left its reference rate at record low of 0.25%.

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