ticker

Nikkei Falls 1.3% in Asian-wide Sell-Off

Hiruki Nakamura
03 Mar, 2014
New York City

The Nikkei in Tokyo plunged 1.3% and the yen gained as tensions mounted in Eastern Europe. Russia

Australian and Asian Markets Plunge

Marcus Jacob
03 Mar, 2014
New York City

Australian market indexes declined and the dollar edged lower against after Ukraine faced a military action from Russia. Transpacific Industries said it plans to sell its New Zealand based waste management business to China based fund.

India Movers: Bajaj Auto, Maruti, M&M, Tata Motor, TVS

Mukesh Buch
03 Mar, 2014
New York City

Atul Auto February sales surged 18.9%. Bajaj Auto sales dropped 6% but export jumped 5%. Maruti Suzuki sales fell 0.8% and export plummeted 20%. M&M auto sales declined 12% after domestic sales slipped 11% and export plunged 17%. Tata Motor February sales plunged 36%.

Another Record High for S&P 500, U.S. Growth Estimate Lowered to 2.4%

Nichole Harper
28 Feb, 2014
New York City

U.S. indexes scaled to fresh highs after the consumer confidence index improved. U.S. lowered its economic growth estimate in the fourth quarter to 2.4%. Monster Beverage reported better than expected sales. Citigroup lowered 2013 earnings on fraud in Mexico.

Dril-Quip Soars; Arena Pharma, Salesforce, Southwestern Energy Fall

Mukesh Buch
28 Feb, 2014
New York City

Arena Pharma net loss in the quarter widened but revenue surged. Dril-Quip surged after revenue and profit climbed. J.C. Penney net swung to a profit. Salesforce.com said net loss widened but revenue climbed. Southwestern Energy net swung to a profit.

Europe Earnings: Andritz, Old Mutual, Pearson, Rightmove

Nigel Thomas
28 Feb, 2014
New York City

Andritz net plummeted 73% but the new and backlog of orders surged. Old Mutual net tumbled 33% to

Nikkei in Tokyo Slips, Japan Post Unveils Investment Plan

Hiruki Nakamura
28 Feb, 2014
New York City

Stocks in Tokyo edged lower and the Nikkei closed down 0.2% for the week and fell 0.9% in the month. Itochu, the first Japanese company took a stake in water utility in Spain. Japan Post unveiled an investment plan for the next three years.

Earnings Lift Australian Indexes 4% in Feb, Woolworths Up 6%

Marcus Jacob
28 Feb, 2014
New York City

Australian stocks struggled for the second day after the release of weak capital spending outlook. However, better than expected earnings lifted the indexes by 4% in February. Woolworths reported best first-half year results in three years and lifted full-year outlook.

India Movers: Bharti Airtel, Bosch, L&T, M&M, Tata Power, Titan

Mukesh Buch
28 Feb, 2014
New York City

Bharti Airtel fined $4 million by the Nigerian telecom regulator. Bosch net declined 19%. L&T won new orders worth Rs. 5,220 crore. M&M profit fell 2% but revenue jumped 8%. Tata Power sells its 30% stake in Indonesia based power subsidiary. Tech Mahindra acquired BASF IT.

Yellen Comments Lift Sentiment, Durable Goods Orders Fall 1%

Nichole Harper
27 Feb, 2014
New York City

U.S. stocks traded higher and Fed Chair Janet Yellen said the central bank is prepared to change is economic stimulus tapering program should the economy weaken. Durable goods orders declined 1% in January. Weekly jobless claims in last week increased 14,000.

Market Update

Nikkei Falls 1.3% in Asian-wide Sell-Off

Australian and Asian Markets Plunge

India Movers: Bajaj Auto, Maruti, M&M, Tata Motor, TVS

Another Record High for S&P 500, U.S. Growth Estimate Lowered to 2.4%

Dril-Quip Soars; Arena Pharma, Salesforce, Southwestern Energy Fall

Europe Earnings: Andritz, Old Mutual, Pearson, Rightmove

Nikkei in Tokyo Slips, Japan Post Unveils Investment Plan

Earnings Lift Australian Indexes 4% in Feb, Woolworths Up 6%

India Movers: Bharti Airtel, Bosch, L&T, M&M, Tata Power, Titan

Yellen Comments Lift Sentiment, Durable Goods Orders Fall 1%

Yen Advances 0.3%, Sony Electronics to Cut One Third Staff

Best Buy, Mylan, Sears Jump; Hilton Slips

Australian Capital Spending Falls 5.2%, Qantas Cuts 5,000 Jobs

Europe Earnings: Allianz, GDF Suez, RBS, Telefonica, Veol

Dollar Tree, Heico, Lowe