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Europe Earnings: Bilfinger, Kewill, Prudential, Telekom Austria

Nigel Thomas
12 Aug, 2013
New York City

Bilfinger revenues flat and net declined 58% and the German construction company revised annual outlook. Prudential Plc said first-half profit plunged 59% to

Japan's June Quarter GDP Rises 2.6%, Nikkei Eases in Thin Trading

Hiruki Nakamura
12 Aug, 2013
New York City

Stocks in Tokyo declined after gross domestic product increased less than expected but consumer spending rose and prices across the economy. Real estate stocks led the decliners. Tire maker Bridgestone revised annual income outlook.

Australian Stocks Rally; Newcrest Cuts Capex, James Hardie Net Doubles

Marcus Jacob
12 Aug, 2013
New York City

Australian indexes closed higher after a rally in resource stocks lifted sector by 2.9% and an increase in gold price supported a 7% surge in precious metal sector. James Hardie Industries said net doubled. Newcrest reported annual loss of $5.78 billion.

India Movers: ABB, Britannia, Cipla, L&T, Marico, SBI, Sun Pharma, Sterlite

Mukesh Buch
12 Aug, 2013
New York City

ABB net plunged as revenues dropped. Aditya Birla Nuvo net soared. Britannia profit surged 93%. Cipla net climbed 10%. Marico profit jumped 27%. SBI net plunged 14% but revenue climbed 12%. Sun Pharma net and revenues climbed. Tech Mahindra net jumped 8%.

U.S. Movers: CareFusion, NRG Energy, Nvidia, Priceline, Progressive

Mukesh Buch
09 Aug, 2013
New York City

CareFusion sales dropped but net climbed 14%. NRG Energy net plunged 48% and Nvidia net declined 19%. Priceline profit soared 24% as revenue surged 27%. Progressive net soared to 174%.

U.S. and European Indexes Struggle on Valuation Worries

Nichole Harper
09 Aug, 2013
New York City

U.S. stock traded sideways and resource sector companies in New York, Europe and Asia traded higher after China reported better than expected increase in industrial production. American Movil offer valued Dutch telecom operator KPN for $13.7 billion.

Europe Earnings: Catlin, GDF, KPN, Nestle, Tesco, William Hill

Nigel Thomas
09 Aug, 2013
New York City

Catlin revenues climbed but net declined. KPN received takeover offer from Am

Japan's 30-Year Bond Auction Yields 1.8%, Nikon Plunges 14%

Hiruki Nakamura
09 Aug, 2013
New York City

Japanese government completed 456 billion yen 30-year bond auction that yielded 1.804%. The Nikkei index plunged 5.9% in the week as the yen strengthened. Nikon plunged 14% after quarterly net plunged 72% and camera maker lowered its fiscal year outlook.

Australia Lowers Growth Outlook, Rio Tinto Approves $5.5 Billion Expansion

Marcus Jacob
09 Aug, 2013
New York City

Australian market indexes struggled and Reserve Bank of Australia lowered its economic outlook to 2.25%. Australian dollar gained above 91.40 U.S. cents. Rio Tinto said it plans to go ahead with its $5.5 billion expansion at its Australian iron ore mines.

India Movers: Apollo Tyres, Bosch, Emami, Lupin, NMDC, Tata Motors

Mukesh Buch
07 Aug, 2013
New York City

Apollo Tyres net jumped. Emami net soared 30% as sales jumped 13%. Lupin profit surged 43%. NMDC net declined 18%. Tata Motors net declined 23% and company reported rising sales in emerging markets. Welspun net dropped 55%.

U.S. Jobless Claims Drops to 6-Year Low, China's International Trade Improve

Nichole Harper
08 Aug, 2013
New York City

U.S. weekly jobless claims drop to the lowest since 2007. China reported improving trade data. Tesla sold more than expected electric car sales. Rio Tinto net plunges after mining industry boom wanes. T-Mobile unit of Deutsche Telekom adds more than expected new customers.

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