ticker

Australian Indexes Extend Gains, BHP Lifts Iron Ore Production Estimate

Marcus Jacob
22 Oct, 2013
New York City

Australian market indexes gained for the second day in a row. BHP Billiton lifted its iron ore production guidance by 2.4%. Mirvac Group reaffirmed its annual operating earnings outlook. Oil Search said third-quarter net dropped 14%.

AT&T in $4.8 Billion Tower Deal, JP Morgan Agrees to Record $13 Billion Fine

Nichole Harper
21 Oct, 2013
New York City

AT&T agreed to sell and lease its 9,700 cell phone towers to Crown Castle for $4.85 billion. The deal will strengthen telecom carrier

U.S. Movers: A. O. Smith, Gannett, Halliburton, McDonald's, V.F. Corp

Mukesh Buch
21 Oct, 2013
New York City

A. O. Smith net soared 25% after sales jumped 16%. Gannett net plunged 40%. Halliburton net climbed 17% as revenue rose. McDonald''s net jumped 5%. Tellabs agreed to acquire by Marlin Equity for $891 Million. V.F. Corp net soared 14%.

Earnings Optimism Lifts Nikkei, September Trade Deficit of $9.5 Billion

Hiruki Nakamura
21 Oct, 2013
New York City

Market indexes traded higher and the yen weakened for the second day in a row. Exports rose less than expected 11.5% and imports soared 16.5% resulting in trade deficit of $9.5 billion in September. Furukawa battery soared 10% on higher net income outlook.

Australian Indexes at a New 5-Year High

Marcus Jacob
21 Oct, 2013
New York City

Australian market indexes advanced and the dollar advanced. Woodside Petroleum third quarter energy production dropped 17% and revenues fell 27%. RHG jumped 1% after it accepted revised takeover offer from Resimac.

Europe Earnings: Akzo Nobel, Balfour Beatty, G4S, Philips, Sap, Tesco

Nigel Thomas
21 Oct, 2013
New York City

Akzo Nobel profit soared 41% but sales dropped 5%. Balfour Beatty won contract of

India Movers: Asian Paints, HDFC Bank, L&T, M&M Fin, UltraTech

Mukesh Buch
21 Oct, 2013
New York City

Asian Paints net climbed 37% as sales jumped 19%. Alstom secured contract worth 105 crore rupees. Crisil net surged 96%. Gujarat State Petronet net plunged 42%. HDFC Bank net jumped 10%. L&T net dropped 14%. M&M Financial Services profit surged 20%.

U.S. Movers: Baker Hughes, Google, GE, Honeywell, Morgan Stanley

Mukesh Buch
18 Oct, 2013
New York City

Baker Hughes net declined 22%. Google net climbed 36% as segment revenue jumped. GE net plunged 9% despite orders from U.S. and Europe rose. Honeywell net jumped 4%. Morgan Stanley net swung to profit. Schlumberger profit surged 21%.

U.S. Movers: Baker Hughes, Google, GE, Honeywell, Morgan Stanley

Mukesh Buch
18 Oct, 2013
New York City

Baker Hughes net declined 22%. Google net climbed 36% as segment revenue jumped. GE net plunged 9% despite orders from U.S. and Europe rose. Honeywell net jumped 4%. Morgan Stanley net swung to profit. Schlumberger profit surged 21%.

Fed May be Forced to Delay Tapering, Google Crosses $1,000

Nichole Harper
18 Oct, 2013
New York City

The latest earnings reports propelled market indexes on Wall Street higher. Google soared past $1,000 after the search engine operator reported better than expected quarterly sales. General Electric also reported higher demand for industrial products.

Europe Earnings: Cap Gemini, Dr Martens, Svenska Cellulosa, Ziggo

Nigel Thomas
18 Oct, 2013
New York City

Cap Gemini plans to buy back convertible bonds worth

Tokyo Investors Shift Focus to Domestic Earnings

Hiruki Nakamura
18 Oct, 2013
New York City

Stocks in Tokyo closed lower but for the week Nikkei index added 3.8%. Toyota recalled 800,000 Camry sedans in the U.S. Bridgestone plans to expand its radial tire plant in Vietnam.

Australian Indexes Extend Weekly Gain to 1.7%

Marcus Jacob
18 Oct, 2013
New York City

Australian market indexes surged and extended weekly gains to 1.7% after China reported faster than expected growth in the third quarter. Warrnambool Cheese attracted third takeover bid. Crown Limited is in talks with Sri Lankan government to develop a casino resort.

India Movers: Airtel, Himachal, SpiceJet, IL&FS, South Indian Bank

Mukesh Buch
18 Oct, 2013
New York City

Bharti Airtel to acquire Wireless Business Services. Bharat Bijlee net loss widened. Himachal Futuristic declined despite a five-fold surge in sales. IL&FS won contract worth Rs.150 crore. Saurashtra Cement net swung to a loss. South Indian Bank climbed 30%.

U.S. Short Term Accord Lifts Market Sentiment for Now, Earnings in Focus

Nichole Harper
17 Oct, 2013
New York City

U.S. indexes steadily climbed into positive zone as investors shifted focus to domestic earnings from political fracturing in Republican Party. Verizon net soared 40% and estimated growth to continue. Goldman Sachs commodities revenues declined. IBM plunged on revenue fall.

Market Update