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European Rates on Hold, Broad Advance in European Indexes

Nigel Thomas
01 Aug, 2013
New York City

European markets advanced after the European Central Bank and Bank of England left key rates unchanged. A private survey of manufacturing sector showed a slight growth. Royal Dutch Shell earnings fell unexpectedly. BMW issued cautious outlook. Sanofi estimated larger decline in earnings.

Wall Street Rally Lifts World Markets, Jobless Claims Fall

Nichole Harper
01 Aug, 2013
New York City

U.S. stocks jumped on the first day of August as financial, industrial and consumer sector stocks led the advance. Weekly jobless claims declined more than expected and manufacturing sector advanced. Construction spending weakened. European central banks left rates unchanged.

U.S. Movers: Allergan, Allstate, CBS, MetLife, P&G, Time Warner Cable

Mukesh Buch
01 Aug, 2013
New York City

Allergan sales rose 10% and net surged 22%. Allstate net grew 3%. CBS net climbed 11% as revenue jumped 12%. MetLife revenue surged but net declined. Procter & Gamble net plunged 48%. Time Warner Cable net jumped 6%.

Europe Earnings: AstraZeneca, Aggreko, Abertis, Lloyds, Shell

Nigel Thomas
01 Aug, 2013
New York City

AstraZeneca revenue and profit declined. Aggreko profit-before-tax for the first-half slid 3% to

Nikkei Soars 2.5% on China Manufacturing Data and Earnings Releases

Hiruki Nakamura
01 Aug, 2013
New York City

Stocks in Tokyo soared after short sellers covered positions and earnings announcements picked up momentum. The official read on Chinese manufacturing showed slight expansion. Mitsubishi UFJ and Mizuho are the two latest banks reporting higher earnings. Sony sales rose on weaker.

Australian Dollar Drops to 3-Year Low on Mild Inflation Index Data

Marcus Jacob
01 Aug, 2013
New York City

Australian indexes gained after home prices rose for the second month in a row in July. The dollar dropped to a 3-month low after consumer price index increased at a slower pace of 0.6% in the second quarter. Australian manufacturing industry showed a shrinkage in July.

India Movers: Adani, BOB, Cummins, Castrol, Glaxo, M&M, Maruti, Titan

Mukesh Buch
01 Aug, 2013
New York City

Adani Ports net surged 51%. Adani Power net loss widened. BOB profit grew 3%. Cummins net slid 8% and Castrol net climbed 27%. Glaxo net advanced 12.5%. M&M July sales dropped 21%. Maruti profit surged 49% as sales rose but export declined. Titan net jumped.

U.S.GDP Expands at 1.7% Rate, Private Sector Employment Expands

Nichole Harper
31 Jul, 2013
New York City

Stocks on Wall Street advanced after the first estimate for the second quarter economic growth showed an increase of 1.7%. A survey of private sector showed an increase in payrolls by 200,000. Comcast, Symantec and Garmin and MasterCard jumped after earnings reports.

Volatile Nikkei Drops 1.5%; Earnings Focus on Honda, KDDI, Hitachi, Takara

Hiruki Nakamura
31 Jul, 2013
New York City

In volatile trading indexes closed down for the second day this week and fell 1.3% in the month. Honda Motor net declined. Takara Holdings plunged 10% on quarterly loss. Hitachi Ltd revised its first-half estimate by 50%. KDDI net surged 90%.

U.S. Movers: BP, Cummins, Comcast, Exelon, Hess, MasterCard

Mukesh Buch
31 Jul, 2013
New York City

BP net swung to a profit. Cummins net plunged 11%. Comcast net soared 28% and Exelon profit surged 71%. Humana net climbed 18%. Hess net surged 161%. MasterCard net soared 19%.

Europe Earnings: BP, Centrica, Delphi Automotive, Diageo, Invensys

Nigel Thomas
31 Jul, 2013
New York City

BP net swung to a

Australian Markets Jump 5% in July, Qantas Blames Price Increase On Fuel Cost

Marcus Jacob
31 Jul, 2013
New York City

Australian indexes closed higher and finished the month with a surge of 5.2%. Precious metals and resource sector stocks were in focus in the month after gold price trended lower and more mining companies delay new projects and cut spending. Potash price collapse will put a new hurdle to BHP plans.

India Movers: Airtel, Dr. Reddy

Mukesh Buch
31 Jul, 2013
New York City

Bharti Airtel net dropped but revenues climbed. HCL Tech profit soared as revenue jumped. ICICI Bank net climbed 25% and non-performing assets surged. IFCI profit plunged 41% as revenues declined 16%. JSW Steel swung to loss. MCX net declined 7%.

U.S. Stocks React to Earnings, Potash Makers Plunge on Russian Cartel Collapse

Nichole Harper
30 Jul, 2013
New York City

U.S. stocks traded higher on better than expected earnings from Eastman Chemicals and Herbalife and Goodyear Tire. Community Health agreed to buy Health Management for $3.9 billion. Potash market was rocked after a Russian cartel collapsed and stock price of three leading makers in North America plunge.

U.S. Movers: Aetna, Coach, Chrysler, Pfizer, Sprint, Western Union

Mukesh Buch
30 Jul, 2013
New York City

Aetna revenue and profit soared. Coach quarterly net declined 12%. Chrysler cuts profit outlook and shipment. Fidelity net plunged 30% and Pfizer surged more than four-fold. Sprint net loss widened and Western Union net plunged 27%.

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