ticker

Australian Markets Rebound 1%, Atlas Iron Lifts Production Outlook

Marcus Jacob
29 Jan, 2014
New York City

Australian market indexes rebounded as emerging markets instability fears receded. Australian dollar recovered 0.3%. Atlas Iron Ore lifted its 2014 iron ore production outlook and Drillsearch revised higher its energy output target.

India Movers: Airtel, GAIL, Havell's India, HPCL, ICICI, Sesa Sterlite

Mukesh Buch
29 Jan, 2014
New York City

Bharti Airtel net surged 115%. GAIL net soared 31%. Havell''s net advanced 28%. HPCL agreed to buy 2 gas fields from AWE for A$85 million. ICICI Bank profit jumped 12%. Sesa Sterlite revenue surged. Shriram Transport net declined 13%.

Europe Earnings: Deutsche Bank, Fiat Net Soar; Shell Sells Brazil Assets

Nigel Thomas
29 Jan, 2014
New York City

Deutsche Bank quarterly loss narrowed yearly profit surged. Fiat net soared

U.S. Indexes Advance on Earnings Optimism

Nichole Harper
28 Jan, 2014
New York City

Stocks in New York trading drifted and earnings announcements hovered market sentiment. Federal Reserve commenced its 2-day policy meeting. T. Rowe Price and Ford profit surges.

Australian Markets Decline on Weak Emerging Market

Marcus Jacob
28 Jan, 2014
New York City

Australian stocks extended losses in the week after investors turned cautious on weaker than expected Chinese manufacturing data. The Aussie dollar eased and miners and banks closed down. ACCC supported a shift in supermarket discount strategy.

Apple Plunges 7% on Flat Profit

Mukesh Buch
28 Jan, 2014
New York City

Apple profit was flat but sales jumped. Comcast net surged 26%. Du Pont net doubled. Ford net surged 90% and sales grew 4%. Illinois Tool profit tumbled 65%. Pfizer profit plunged 59% and sales fell 2%. T. Rowe net soared 24%.

BMO to Acquire F&C Asset Management for $1.2 Billion

Nigel Thomas
28 Jan, 2014
New York City

Afren revenue jumped 5% to $1.6 billion. Crest Nicholson profit climbed 12% and revenue soared 29% to

India Movers: Escorts, Idea, Maruti Net Climb; JSW Steel Swings to Profit

Mukesh Buch
28 Jan, 2014
New York City

Escorts climbed 62% and revenue jumped 12%. Idea net doubled. IPCA Lab profit soared 58%. JSW Steel net swung to a profit after revenue surged 53%. Maruti Suzuki net soared 36% and plans for expansion in Gujarat.

Caterpillar Climbs, Liberty Global Acquires Remaining Ziggo Stake

Mukesh Buch
27 Jan, 2014
New York City

AT&T said no stake offer to Vodafone for next six months. Caterpillar net soared 44% and sales climbed 10%. KKR agreed to acquire Sedgwick for approx $2.4 billion. Liberty Global acquired the remaining stake of Ziggo for $13.7 billion. Roper net climbed 15%.

India Movers: Adani Power Loss Narrows, Hindustan Unilever Net Jumps

Mukesh Buch
27 Jan, 2014
New York City

Adani Power net loss narrowed after revenue soared. Glenmark net grew 1% and revenue climbed 16%. HUL profit climbed 22% as revenue jumped 8%. Shree Cement net tumbled. Symphony profit surged 48%. Torrent Power net swung to a loss. Tata Elxsi net soared.

Europe Earnings: Aveva, BG Group, Ericsson, Ziggo

Nigel Thomas
27 Jan, 2014
New York City

Aveva estimated strong third quarter results. BG Group plunged 15% after it lowered estimated production and profit outlook. Ericsson and Samsung settled global patent disputes. Liberty Global agreed to acquire remaining stake in Ziggo for

Currency Rout Spreads to Argentina, Venezuela, Egypt, Turkey and Ukraine

Devan Biswas
24 Jan, 2014
New York City

Emerging markets currencies and stocks accelerated the decline after the contagion rooted in Argentina spreads to Asia and Eastern Europe. Argentina and Venezuela devalued their currencies but more declines may follow as the official rates lag economic fundamentals.

Global and U.S. Markets Extend 1% Loss to Second Day

Nichole Harper
24 Jan, 2014
New York City

World markets and U.S. indexes extended losses of more than 1% for the second day in a row after emerging-markets currencies contagion widen. Microsoft reported record quarterly sales and earnings. Bristol-Myers quarterly sales rose 6% but net plunges 22%. European banks closed lower.

Kimberly-Clark, P&G Jump; Record Sales at Microsoft

Mukesh Buch
24 Jan, 2014
New York City

Bristol-Myers net declined 22%. Honeywell net surged. Kimberly-Clark profit doubled on flat sales. Microsoft net grew 3% after revenue soared 14%. Procter & Gamble net plunged 16%. State Street Corp net slid 1%.

Europe Earnings: Celesio, Greggs, Henry Boot, Novartis, Royal Mail

Nigel Thomas
24 Jan, 2014
New York City

McKesson agreed to acquire Celesio after a deal revision. Greggs said total sales in the third quarter grew 3.6%. Henry Boot expects revenues for the year were about

Market Update