Market Update

U.S. Indexes Extend Gains on Factory Orders and Corporate Earnings

Nichole Harper
04 May, 2015
New York City

Stocks on Wall Street advanced and crude oil traded higher on the supply glut worries. Markets in Europe jumped more than 1% after a private survey showed factory activities in Germany expanded for the fifth month in a row. Cisco Systems said chief executive John Chambers would step down.

Berkshire Hathaway, Loews Net Soar; Cognizant Climbs 10%

Mukesh Buch
04 May, 2015
New York City

Berkshire Hathaway net soared 10%. Comcast net climbed 8%. Cognizant profit jumped 10% on 20% increase in revenues. CNA Financial net surged but revenues fell 6%. Loews net climbed 85%. Sysco net dropped 2%. Tyson Foods net surged 45%.

European Markets Rise on Manufacturing Data, Audi Net Climbs

Nigel Thomas
04 May, 2015
New York City

European markets surged after a private survey showed German factory activities expanded but at a slower pace in April. Audi profit climbed 7% to

Auto and Maruti Sales Jump in India, Future and Bharti Retail Merge

Mukesh Buch
04 May, 2015
New York City

Sensex in Mumbai soared 1.8% on strong auto sales in April. Bajaj Auto April auto sales rose 1%, Maruti Suzuki sales climbed 30% and TVS Motor sales jumped 14%. Tata Motors sales advanced 7%. Adani Ports quarterly net surged 25%.

Australia Looks Ahead to Rate Decision, Westpac, Stockland, Tabcorp in Focus

Marcus Jacob
04 May, 2015
New York City

Australian market indexes struggled to trade higher ahead of interest rate decision from the Reserve Bank tomorrow. Westpac Banking reported flat profit on charges in the derivative business. Stockland Corp forecasted annual profit to increase between 7% and 7.5%.

U.S. Stocks Move Higher; Construction and Manufacturing Sectors Struggle

Nichole Harper
01 May, 2015
New York City

Stocks on Wall Street bounced from the decline of last two days as consumer confidence jumped to the second-highest level in eight years but manufacturing and construction industries struggled. GM said auto sales in April jumped and Ford sales gained 5.4%.

Deutsche Boerse Net Falls, Lloyds Net Plunges 19%

Nigel Thomas
01 May, 2015
New York City

Continental first-quarter revenues surged 14% to

Ford, GM April Sales Climb; LinkedIn, Twitter Loss Widen

Mukesh Buch
01 May, 2015
New York City

AIG quarterly net surged 56%. Chevron net tumbled 43% on 35% decline in revenues. Duke Energy net swung to profit. Ford April sales jumped 5.4% and GM sales climbed 6%. LinkedIn and Twitter net loss widened. US Cellular profit surged more than seven-fold.

After a Year Prices Begin to Rise in Japan, Nikkei at 1-Month Low

Hiruki Nakamura
01 May, 2015
New York City

Market indexes in Japan closed higher ahead of Golden Week holiday through May 6. Core consumer price index increased for the first time in a year. Jobless rate improved to 3.4% and household spending dropped in March. Sony estimated operating profit in the current fiscal year.

Australian Markets Trim Weekly Loss of 2%, Home Prices Advance

Marcus Jacob
01 May, 2015
New York City

Australian market indexes traded higher and trimmed weekly losses to 2% as home prices in capital cities across the nation continue to rise. Atlas Iron plans to reopen two of the three recently closed iron ore mines.

Wall Street Indexes Drop 1.4%, Crude Oil at New 2015 High

Nichole Harper
30 Apr, 2015
New York City

Market indexes on Wall Street tumbled led by a decline in technology companies and on mixed batch of economic data. Apple declined nearly 3% after the company restricted the sale of Apple Watch. Crude oil extends to a new 2015-high.

Colgate, Visa Profit Soar; Exxon, Time Warner Net Drop

Mukesh Buch
30 Apr, 2015
New York City

American Tower net declined 9% but revenues climbed 9%. BorgWarner net soared 12%. Colgate-Palmolive profit surged 40% while revenues dropped 6%. Cigna revenues climbed 11%. Exxon Mobil net tumbled 46%. Time Warner net fell 4%. Visa net surged 11%.

Inflation Halts from Falling in Euro Zone, BNP Paribas Net Rises

Nigel Thomas
30 Apr, 2015
New York City

Airbus profit surged 80% to

Nikkei Plunges 2.7%, Honda, NTT DoCoMo Drop

Hiruki Nakamura
30 Apr, 2015
New York City

Nikkei in Tokyo plunged 2.7% after two-day holiday and the U.S. economy nearly stalled in the first-quarter. Honda dropped 7% after the automaker estimated flat earnings in the current fiscal quarter. NTT DoCoMo declined 6% on earnings outlook.

Australian Indexes Extend Weekly Loss to 1.5%, Aussie Dollar Rises

Marcus Jacob
30 Apr, 2015
New York City

Australian market indexes dropped on weak banks and the Aussie dollar rose after the U.S. economy in the first-quarter nearly stalled. Ten Network said first-half loss widened on restructuring charges. TPG Telecom lifted its stake in Amcom Telecom and vote against the takeover.