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U.S. Indexes and Consumer Confidence Fall

Nichole Harper
26 Jul, 2013
New York City

U.S. indexes drifted lower on weaker than expected earnings and a weakness in auto sector dragged market sentiment in Europe. SAC Capital pleaded not guilty to criminal charges and Halliburton agreed to pay maximum statutory fine and also made a voluntary contribution of $55 million.

U.S. Movers: Amazon.com, BorgWarner, Helmerich & Payne, Lear, Ventas

Mukesh Buch
26 Jul, 2013
New York City

Amazon.com net swung to loss but revenue and operating expenses climbed. BorgWarner and Helmerich & Payne net surged. Lear and NV Energy profit declined. Stanley Black net jumped 21% and Ventas net soared 55%.

Europe Earnings: BSkyB, BG Group, Deutsche Boerse, LVMH, Pearson, Vivendi

Nigel Thomas
26 Jul, 2013
New York City

Aon net slid 2%. BSkyB profit for the year climbed. BG Group net surged but Belgacom net slipped. Deutsche Boerse profit declined and LVMH net dropped. Pearson net swung to loss. Vivendi to divest its stake in Activision for

Nikkei Plunges 2.9%, Nomura Net Soars

Hiruki Nakamura
26 Jul, 2013
New York City

Market indexes in Tokyo plunged 2.9% and the yen rebounded. Investors booked profit ahead of corporate earnings. For the week, the Nikkei index declined 3.2%. Nomura Holdings said quarterly profit surged.

India Movers: BOI, Dish TV, HUL, PNB, Raymond, Sterlite, Tata Coffee

Mukesh Buch
26 Jul, 2013
New York City

Bank of India net climbed as revenue jumped. Bharat Electronics net declined but revenue grew. Dish TV net loss narrowed. HUL net tumbled but revenue increased. PNB non-performing assets surged. Sterlite net plunged.

Weekly Gain of 1.4% in Australian Indexes, LNG Surges 33%

Marcus Jacob
26 Jul, 2013
New York City

Australian market indexes gained 1.4% for the week and the dollar firmed up near the recent lows. Liquefied Natural Gas Limited soared 33% after it finalized financing for its plant in the U.S. SkyCity Entertainment plans to invest $300 million in a casino project.

U.S. Indexes Lack Direction, SAC Faces Insider Trading Criminal Charges

Nichole Harper
25 Jul, 2013
New York City

Market indexes on Wall Street drifted and earnings from FaceBook, General Motors, Qualcomm, Visa and Boston Scientific dominated the news. European markets declined from a two-month high on weaker than expected earnings. Nikkei declined 1.1% and indexes in China fell.

Nikkei Drops 1.1%; Nissan and Canon in Focus

Hiruki Nakamura
25 Jul, 2013
New York City

Stocks in Tokyo edged lower in volatile trading and the yen weakened a little but investors keenly awaited earnings from large export companies like Nissan, Toyota, Sony and Canon. After the close Canon reported weaker than expected results and Nissan earnings were ahead of expectations.

U.S. Movers: 3M, Biogen, Boston Scientific, Colgate, Facebook, GM

Mukesh Buch
25 Jul, 2013
New York City

3M net jumped 13% and American Electric net plunged 24%. Biogen net soared as revenue jumped. Boston Scientific and Facebook net swung to profit. Colgate net declined but sales rose. General Motors and L-3 Communications profit declined.

Europe Earnings: Axel Springer, Capita, GKN, Howden Joinery, Unilever

Nigel Thomas
25 Jul, 2013
New York City

Axel Springer sold newspaper and magazine business for

India Movers: Central Bank, Cairn India, IOB, Maruti, MRF, Novartis, Zee

Mukesh Buch
25 Jul, 2013
New York City

Central Bank net tumbled as revenue declined. Cairn India profit dropped but revenues climbed. IOB net for the quarter declined but revenues jumped. Maruti Suzuki and MRF profit surged on higher sales. Novartis India net declined and Zee Entertainment net soared.

Australian Dollar Eases and Stocks Caught in Volatile Trading

Marcus Jacob
25 Jul, 2013
New York City

Australian stocks barely budged after volatile trading and the dollar eased for the second day in a row. Real estate operating companies were in focus after two deals. McMillan Shakespeare Limited plunged 42% after the government proposed a tax rule change for car leasing.

Stocks On Wall Street Drift Lower, Apple Earnings Fall on Flat Sales

Nichole Harper
24 Jul, 2013
New York City

Market indexes in New York and in Europe drifted lower as investors digested U.S. new home sales and European manufacturing survey data. A private survey also showed weakening conditions in manufacturing. Apple reported flat sales and a decline yet healthy earnings in the fiscal third quarter.

U.S. Movers: Boeing, Caterpillar, Eli Lilly, EMC, Ford, PepsiCo, AT&T

Mukesh Buch
24 Jul, 2013
New York City

Boeing net jumped 13% but Caterpillar net plunged 42%. Eli Lilly net surged 31%. Ford soared 20% as sales climbed 14%. General Dynamics net rose 0.9% and PepsiCo surged 35%. AT&T net slid 2.1% and VMware net surged 27%.

Japan Revised Outlook; Exports, Imports Increase in June

Hiruki Nakamura
24 Jul, 2013
New York City

Japan revised its economic outlook for the third month in a row and raised the prospect of higher capital spending for the first time in four months. Exports in June rose 7.4% and imports surged 11.8%. The yen strengthened.

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