ticker

Stocks on Wall Street Trend Lower on Private Sector Jobs Data

Nichole Harper
05 Feb, 2014
New York City

U.S. stocks trended lower after a private survey indicated private sector added less than expected jobs in Jan. Also a service sector index showed growth picked up in January.

Nikkei Rebounds 1.2%, Toyota to Post Record Earnings

Hiruki Nakamura
05 Feb, 2014
New York City

Stocks in Tokyo rebounded after the largest selloff in eight months after Toyota Motor Corp and Panasonic reported better than expected earnings. Sony is also said to progress towards a deeper than expected corporate restructuring. The yen traded near 101 against the dollar.

Estee Lauder, Time Warner, Ralph Lauren Drop

Mukesh Buch
05 Feb, 2014
New York City

Automatic Data Processing net slid 3%. Coca-Cola Enterprises net soared 35%. Estee Lauder profit fell 3%. Merck net plunged 14% after sales dropped 3%. Time Warner net declined 11% but revenue jumped. Ralph Lauren profit climbed 10% after sales soared.

Australian Indexes at 7-Week Low, Virgin Australia Drops

Marcus Jacob
05 Feb, 2014
New York City

Australian indexes dropped to a 7-week low after investors adjusted to shift in central bank policy. Banks led the decline after a federal court ruling deemed at least of several fees charged by the court illegal. Virgin Australia plunged on loss expectations.

Europe Earnings: Alfa Laval, GSK, Quindell, Swatch, Syngenta

Nigel Thomas
05 Feb, 2014
New York City

Alfa Laval net dropped 5% but sales jumped 9%. GSK profit surged to

India Movers: Glaxo, PFC, Tech Mahindra Net Rise; BHEL, Cummins Net Fall

Mukesh Buch
05 Feb, 2014
New York City

BHEL net tumbled 41% after revenue declined 15%. Cummins India profit plunged 37%. Glaxo net climbed 14% as sales surged 19%. Power Finance net climbed 37%. Ranbaxy said quarterly loss narrowed. Redington net jumped 6%. Tech Mahindra profit surged.

Stocks on Wall Street Rebound, Microsoft Replaces Gates and Ballmer

Nichole Harper
04 Feb, 2014
New York City

Market indexes on Wall Street jumped 1% after three-day of global markets selloff. Earnings announcement lifted market sentiment. Microsoft appointed Satya Nadella as chief executive and John Thompson as chairman replacing co-founder Bill Gates.

Nikkei Plunges 4.2%

Hiruki Nakamura
04 Feb, 2014
New York City

Nikkei index in Tokyo plunged after investors worried about stretched valuations and the yen gained as emerging market worries persisted. Toyota said January sales declined 7% and Honda sales fell 2.1%. The yen advanced to 101.

Aecom Tech, Michael Kors, Yum! Brands Climb

Mukesh Buch
04 Feb, 2014
New York City

Archer-Daniels net dropped 27% and sales fell 3%. BP net declined 29%. Becton Dickinson net plunged 57% but sales jumped 6%. CME net climbed 16%. Yum! Brands climbed despite 5% decline in profit.

Europe Earnings: ARM Holdings, BP, NK Rosneft, UBS

Nigel Thomas
04 Feb, 2014
New York City

ARM Holdings net swung to a loss. BP net declined 29% and revenue slid 0.2%. NK Rosneft

Australia Holds Rates, Indexes Drop 1.7%

Marcus Jacob
04 Feb, 2014
New York City

Australian indexes dropped 1.7% following Asia-wide decline and Aussie dollar firmed up after the Reserve Bank left reference rate unchanged and guided stable rate environment in the near future. Resource and banking stocks led the market decline.

India Movers: Bharat Forge, Hero, Jaiprakash Power, Tata Chemical, Whirlpool

Mukesh Buch
04 Feb, 2014
New York City

Bharat Forge net surged 98% and revenue climbed 24%. Divi''s Lab net jumped 52%. Hero Motocorp sales in January rose barely increased. Jaiprakash Power net loss widened. Tata Chemicals net swung to a loss. Whirlpool net climbed doubled on 9% revenue increased.

Ford, GM Sales Decline on Weather

Mukesh Buch
03 Feb, 2014
New York City

Chrysler January sales jumped 8%. Ford sales declined 7% and GM sales fell 11.9% and blamed weather for weaker sales. Ingles Markets net declined 18%. Sysco net dropped 5%.

Europe Earnings: Julius Baer, Lloyds, Ryanair, Rexam, Smith & Nephew

Nigel Thomas
03 Feb, 2014
New York City

Julius Baer profit tumbled 30% to 188 million francs but assets under management soared 34%. Ryanair said net in the quarter swung to a loss. Rexam plans to sell its pharmaceutical unit to Montagu for $805 million. Smith & Nephew agreed to buy ArthroCare for $1.7 billion in cash.

Australian Indexes Ease as Earnings Season Begins

Marcus Jacob
03 Feb, 2014
New York City

Australian indexes eased at close in the absence of domestic economic news. The Aussie dollar trended lower and the stock trading turnover dropped near the low of the year. Country Road reported surge in sales and earnings. JB Hi-Fi revised higher annual outlook.

Market Update