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India Movers: Dabur, Sterlite Net Jump; Kalpataru, Torrent Net Drop

Mukesh Buch
29 Jan, 2013
New York City

Dabur third quarter net soared 22.2% and Idea Cellular profit climbed 12.16%. Kalpataru Power net dropped 12.8%. Neyveli Lignite net surged 19.8% and Reliance Capital net jumped 68%. Sterlite Ind. net soared 30%. Torrent Power net declined 55%.

European Markets Steady, Pound at 6-Month Low

Barry Randall
28 Jan, 2013
New York City

European markets steadied after a six-week rally that lifted indexes to multi-year highs. The UK pound declined to a six-month low against the dollar and fell to a 14-month low against the euro after weak GDP data.

Wall Street Hits Pause After 4-Week Run, Toyota Leads Global Auto Sales

Nichole Harper
28 Jan, 2013
New York City

Market indexes rested in New York after S&P 500 index crossed a give-year high at the end of last week. Durable goods orders increased more than expected in December. Caterpillar reported better than expected earnings. Toyota Motor surpassed GM with 9.75 million global auto sales.

U.S. Movers: Biogen, Caterpillar, Compuware, Roper, Twitter, Sony

Mukesh Buch
28 Jan, 2013
New York City

Biogen fourth quarter net slipped 3% and Caterpillar net plunged 55% to $697 million. Compuware rejected buyout offer from Elliott Management Corp. Roper net earnings soared 18%.

Nikkei Closes Down 0.9% After Reaching Above 11,000; Fanuc Plunges 7%

Nigel Thomas
28 Jan, 2013
New York City

Stocks in Japan traded higher and the index crossed 11,000 for the first time since April 2010 but closed lower. The yen declined as low as 91. Fanuc dropped after it lowered earnings outlook. Toyota reported rising global auto sales. Takeda closed up on winning a drug approval.

India Movers: Adani Power, Adani Ports, Bank of India, JSW Steel

Mukesh Buch
28 Jan, 2013
New York City

Adani Power third quarter net loss widened and Adani Ports net soared 12.5%. Bank of India third quarter net profit jumped 12%. JSW Steel third quarter declined 19% and Reliance Infrastructure profit surged 78%. Whirlpool India net tumbled 52%.

S&P 500 Above 1500, World Markets Advance

Bikram Pandey
25 Jan, 2013
New York City

Markets in New York extended gains for the eighth day and for the fourth week in a row and the S&P 500 index closed above 1,500 for the first time since December 2007. Positive earnings and rising expectations in Europe and Japan lifted world markets. Gold and copper eased.

UK Economy Inches Closer to Triple-Dip Recession, German Data Improve

Nigel Thomas
25 Jan, 2013
New York City

European Central Bank said 278 banks are scheduled to repay loans next week issued at the height of crisis two-years ago. UK economy declined at a faster pace in the December quarter. German business climate index improved in January on rising expectations.

Europe Movers: EasyJet, Monte Paschi, Nokia, SolarWorld

Barry Randall
25 Jan, 2013
New York City

Monte Paschi surged 11% on the hopes that the central bank in Italy will approve the aide as early as tomorrow. EasyJet extended gains after reporting higher sales. STMicroelectronics increased 4% on a broker recommendation. SolarWorld plunged 32% on debt restructuring announcement.

European Markets Advance on ECB Loans Repayment

Barry Randall
25 Jan, 2013
New York City

European markets advanced to a new 2-year high after more than expected banks are scheduled to repay loans to ECB next week. Banks led the gainers and the indexes higher in otherwise weak earnings season so far. German business climate index increase offered another signal of improving conditions.

Markets Extend Rally in New York, New Home Sales Fall 7.3%

Nichole Harper
25 Jan, 2013
New York City

Stocks in New extended gains after a string of better than expected earnings from Procter & Gamble, Honeywell, Starbucks and Kimberly-Clark. New home sales decreased 7.3% to annual rate of 569,000 in December but rose to the highest in 2012 in three years.

U.S. Movers: AT&T, Covidien, Honeywell, Microsoft, Kimberly-Clark, P&G

Mukesh Buch
25 Jan, 2013
New York City

AT&T second quarter net loss narrowed and Covidien first quarter net slid to $493 million. Honeywell fourth quarter net swung to profit. Microsoft second quarter net slipped 4%. Kimberly-Clark fourth quarter net declined 33% and P&G net surged 140%.

Nikkei in Tokyo Surges 2.5%, Consumer Prices Fall Again

Nigel Thomas
25 Jan, 2013
New York City

Stocks in Japan surged after the yen declined and investors bid up stocks in anticipation of a change in leadership at the Bank of Japan. Consumer prices declined in December 0.2%, a seventh monthly decline in the last eight months. Prices fell 0.1% in 2012.

Australian Stocks Rally; ResMed, Karoon Advance

Marcus Jacob
25 Jan, 2013
New York City

Stocks in Sydney advanced for the eighth day in a row and market indexes closed at a new 21-month high. Karoon Gas gained after it reported oil discovery off the coast of Brazil. MacMahon declined 4% on the worries that its Mongolian customer has financing difficulties.

India Movers: Maruti, Reliance Power Profit Surge; Sesa Goa Net Falls

Mukesh Buch
25 Jan, 2013
New York City

Biocon third quarter net climbed 8.1% and Coromandel Intl net declined 47.6%. Maruti Suzuki net more than doubled. Reliance Power net profit soared 30%. Sesa Goa net profit declined 28%.

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