ticker

Longest Rally in Japan Stocks in 3-years Halts, Seven & I in Focus

Hiruki Nakamura
04 Apr, 2014
New York City

Stocks is Tokyo halted a two-week long rally ahead of Bank of Japan meeting on Monday. Seven & I estimated lower than expected earnings in the current fiscal year. Stocks of real estate developers extended rally to the eighth day on positive outlook.

BHP in Australian Wins Tax-free Status for $20 B Spinoff, Fonterra Fined

Marcus Jacob
04 Apr, 2014
New York City

Australian markets rebounded from a 2-day losses and the Aussie dollar gained. BHP Billiton won a tax-free status for its proposed $20 billion non-core assets spinoff. Fonterra was fined by New Zealand court for its August 2013 product warning.

India Movers: Adani Power, BS, Crompton, Sobha, SRF, Steel Strips

Mukesh Buch
04 Apr, 2014
New York City

Adani Power increased its power generation capacity to become the largest private power generator. BS Ltd won orders of Rs722 crore from electric utilities. Crompton secured news export order worth $29 million. Sobha Developers sales in fourth-quarter surged 20%.

Google Splits Stock, Greenbrier Net Rises

Mukesh Buch
03 Apr, 2014
New York City

Google trades ex-split. Greenbrier net soared 13%. Meltwater bids for Sweden-based rival Cision for $138 million in cash. RPM Int net swung to profit. Schnitzer Steel profit tumbled 79%. Texas Ind loss widened.

Europe Earnings: Dunelm, McBride, Quindell, Tullow Oil, Vivendi

Nigel Thomas
03 Apr, 2014
New York City

Dunelm revenue climbed 10% to

U.S. Stocks Gyrate, ECB Holds Rates

Nichole Harper
03 Apr, 2014
New York City

U.S. stocks gyrated after opening higher. Weekly jobless claims increased 16,000 to 326,000 and the increase was consistent with the pre-recession level. Trade deficit in February widened on higher price of imported crude oil and a decline in exports. ECB unrevised its benchmark rate.

U.S. Trade Deficit Rises 7.7%, Weekly Jobless Claims Rise 16,000

Devan Biswas
03 Apr, 2014
New York City

U.S. trade deficit increased 7.7% after exports declined more than 1%. A rise in crude oil prices in February contributed the rise in trade deficit.

Fall in Yen Extends Broader Rally in Japanese Stocks to Second Week

Hiruki Nakamura
03 Apr, 2014
New York City

Investors in Tokyo extended broader rally in stocks to the second week. Electronics makers and auto exporters led the gainers after the yen declined 0.2%, the second weekly decline in a row. Softbank increase investment in a messaging venture with India based Bharti Enterprises.

Australian Trade Surplus Jumps 33%, Retail Sales Rise 0.2%

Marcus Jacob
03 Apr, 2014
New York City

Australian retail sales rose for the sixth month in a row and trade surplus was ahead of estimates. February retail sales gained 0.2% after rising 1.2% in January. Trade surplus in February jumped 33% to $1.23 billion. Fonterra and Woolworths sign a 10-year deal.

India Movers: Ashok Leyland, Hindustan Motors, TRIL, Venus Remedies, Unitech

Mukesh Buch
03 Apr, 2014
New York City

Ashok Leyland won a contract worth $50 million from Zimbabwe. Hindustan Motors total sales in March tumbled 74%. Transformers & Rectifiers production in fiscal 2014 climbed. Venus Remedies received approval for infection treatment antibiotic in Venezuela.

S&P in Record Zone, Private Sector Adds Jobs at Fastest Pace in March

Nichole Harper
02 Apr, 2014
New York City

U.S. stocks struggled but traded higher ahead of jobs report on Friday. ADP survey showed private employers added 191,000 jobs in March, the largest in the year so far. Amazon is ready to sell set-top box to stream its video library and branch into entertainment business.

Acuity Brands, Intuitive Surgical, MannKind Rise; UniFirst Plunges

Mukesh Buch
02 Apr, 2014
New York City

Acuity Brands net soared 32% after sales climbed 12%. Jos. A. Bank net slipped 4%. Monsanto net surged 13% and sales jumped 7%. UniFirst net fell 4% but revenues rose 3%.

Europe Earnings: Asos, Deutsche Post, Domino

Nigel Thomas
02 Apr, 2014
New York City

Asos net declined 21% but revenue surged 34%. Deutsche Post lifted its earnings outlook. Domino''''s Pizza Group March sales climbed 15% to

Nikkei Extends Rally; Toyota, Nissan U.S. Sales Rise, Honda Sales Lag

Hiruki Nakamura
02 Apr, 2014
New York City

Stocks in Tokyo closed higher and extended rally to the second week and the yen eased. Toyota said U.S. sales increased 4.9% in March. Nissan sales rose 8% and Honda sales declined 2%. Hokkaido Electric extended two-day loss to 15%. Fast Retailing March same store sales increased 0.6%.

Australian Building Approvals Fall 5%; Goodman Fielder, Noni B Plunge

Marcus Jacob
02 Apr, 2014
New York City

Australian stocks closed higher in weak trading volume. Building approvals in February fell 5% on the month and surged 23% from a year ago. Goodman Fielder issued a profit warning. Noni B said quarterly sales dropped 14% and said the retailer is working to lower costs.

Market Update