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India Movers: Ashok Leyland Sales Drop, P&G Net Surges

Mukesh Buch
05 Nov, 2013
New York City

3i Infotech net swung to a loss after sales plunged 18%. Ashok Leyland October unit sales declined 15%. Punj Lloyd net loss widened but revenue jumped 13%. Procter & Gamble profit surged 21% as sales soared 32%. Wyeth net dropped 39% but sales climbed 10%.

Europe Earnings: BMW Sales Flat, Vivendi Sells Maroc Telecom Stake

Nigel Thomas
05 Nov, 2013
New York City

BMW net increased 3% to

U.S. Movers: CME Group, Icahn Enterprises, Kellogg, Spectra Energy

Mukesh Buch
04 Nov, 2013
New York City

CME Group net jumped 16%. CST Brands net surged 71%. Icahn Enterprises profit surged to $472 million but revenue dropped 7%. Kellogg net rose 3% on flat revenues. Spectra Energy net climbed 43%.

Europe Earnings: HSBC Net Jumps, Ryanair Cuts Outlook

Nigel Thomas
04 Nov, 2013
New York City

Alcatel Lucent net loss narrowed as sales rose. AMEC agreed to acquire US-based Automated Engineering for $28 million. Ryanair profit rose 1% to

Australia Awaits Rate Decision, Westpac Reports Record Net and Hikes Dividend

Marcus Jacob
04 Nov, 2013
New York City

Australian markets traded lower and investors took a cautious view ahead of rate decision tomorrow. Westpac reported record annual profit and issued a special dividend of $310 million or 10 cents a share. Coca Cola Amatil estimated annual net to decline between 5% and 7%.

U.S. Movers: AIG Net Soars; Chrysler, Ford, GM, Toyota Sales Climb

Mukesh Buch
01 Nov, 2013
New York City

AIG revenue declined 11% but net surged 17%. Chrysler sales soared 11%. Ford reported record October sales since 2004 and GM October sales jumped 16%. Church & Dwight net climbed 15%. NV Energy net dropped 16%.

Europe Earnings: Direct Line, Royal Bank of Scotland, F&C

Nigel Thomas
01 Nov, 2013
New York City

Direct Line revenue dropped 5% but profit surged 55%. Meggitt said revenues in the third quarter rose 2%. Royal Bank of Scotland revenue slid 1% and net loss narrowed and aims to run down between 55% and 70% of the bad assets over the next two years.

Fannie Sues Nine Banks Seeking $800 Million, OfficeMax Wins Merger Approval

Nichole Harper
01 Nov, 2013
New York City

U.S. stocks opened higher and market indexes in Europe trended lower. Fannie Mae sued nine banks seeking $800 million. OfficeMax and Office Depot won a regulatory approval for their $1.2 billion merger.

Nikkei Extends Losses, Sony, Japan Tobacco, Nissan in Focus

Hiruki Nakamura
01 Nov, 2013
New York City

Stocks in Japan extended losses for the second day as investors digested latest batch of earnings reports. For the October month, the Nikkei declined 1.9% as investors weigh the impact of sales tax increase. Sony lowered its outlook. Nissan lifted revenues and earnings estimates.

Australian Manufacturing Expands at 3-Year High Rate, PPI Rises 1.3%

Marcus Jacob
01 Nov, 2013
New York City

Australian market index closed lower as domestic manufacturing activity expanded at a 3-year high rate. Australian wholesale prices rose 1.3% in October largely on import price increase. Two separate surveys in China showed an expansion in manufacturing.

India Movers: Berger Paints, Glenmark, IDFC, Motherson Sumi, M&M, Maruti

Mukesh Buch
01 Nov, 2013
New York City

Berger Paints net climbed 17% and sales jumped 19%. Glenmark profit fell 2%. IDFC profit rose 2%. Kalpataru Power climbed 17%. Mahindra & Mahindra sales soared 29%. Maruti Suzuki October sales increased 2%.

U.S. Stocks Waver, Earnings Dominate Sentiment

Nichole Harper
31 Oct, 2013
New York City

U.S. stocks rebounded from the lows in the first hour in trading and the pound jumped 1% against the euro after the inflation rate declined to 0.7% annual rate. U.S. weekly jobless claims declined as government employees return to work.

U.S. Movers: Avon, Cigna, Facebook, MasterCard, Time Warner, Visa

Mukesh Buch
31 Oct, 2013
New York City

Cigna net surged 19% after sales jumped 10%. ConocoPhillips net soared 39%. Facebook said quarterly net swung to a loss. Expedia net slid. MasterCard profit climbed 14%. Starbucks net surged 34%. Time Warner net plunged 34%. Visa net plunged 28%.

Europe Earnings: AstraZeneca, BT Group, Croda, Rentokil, Smith & Nephew

Nigel Thomas
31 Oct, 2013
New York City

AstraZeneca profit for the quarter dropped 35%. BT Group profit declined 13% to

Nikkei Drops 1.2%; Mitsubishi Estate, Sony Financial Net Rise

Hiruki Nakamura
31 Oct, 2013
New York City

Nikkei Stock Average in Tokyo declined 1.2% and the yen advanced. Panasonic Corp lifted its annual profit outlook on weaker yen. Kurita Water Industries said net in the first-half declined 16%. Mitsubishi Estate net jumped 75%. Sony Financial first-half net increased 11%.

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