Jan 16, 2013 10:08 AM ET
JPMorgan fourth quarter net soared 53% and Northern Trust quarterly net jumped 29%. Goldman Sachs fourth quarter net surged nearly three-fold. BNY Mellon net profit climbed 23%.
Jan 16, 2013 10:04 AM ET
Bajaj Auto dropped after third quarter net profit grew 3% and DEN Networks third quarter net profit surged nearly four-fold. Essar Oil third quarter net swung to profit. Ranbaxy and Daiichi Sankyo plan to merge businesses in Thailand.
Jan 15, 2013 1:50 PM ET
Market indexes in New York steadily recovered from the morning decline after retailers gained. Apple, Intel and General Electric were in focus ahead of earnings this week. Debt ceiling concerns added to market volatility as lawmakers struggle to find a compromise.
Jan 15, 2013 1:14 PM ET
Nikkei index in Tokyo closed at a 32-month high and the yen declined further prompting comments from Economics Minister Amari. The yen traded at a new 26-month low and markets are anticipating revised inflation target at the BoJ meeting next week.
Jan 15, 2013 12:38 PM ET
Australian stocks turned lower after resource stocks and banks failed to hold on to the gains of the day. Rio Tinto plans to increase iron ore production by 15% in 2013 and said it is on track to commence production at its gold and copper mine in Mongolia.
Jan 15, 2013 11:41 AM ET
European markets traded lower in the region ahead of corporate earnings. Markets accelerated losses on the worries that the U.S. debt negotiations may drag for another two months.
Jan 15, 2013 11:33 AM ET
Axis Bank advanced 2.2% on third quarter net profit climbed 22% and Bajaj Finance net profit jumped 33%. Crompton Greaves plans to set up second power transformer manufacturing unit. Decolight Ceramics won export order for tiles.
Jan 15, 2013 11:09 AM ET
Renault plans to trim 17% of its staff in France in the next four years joining other automakers in the region. Burberry Group soared 7% after sales were ahead of expectations. SAP AG declined after it reported weaker than expected earnings. H&M, the apparel retailer monthly sales increase.
Jan 15, 2013 10:18 AM ET
Stocks were under pressure in New York and Washington rhetoric turned traders cautious. General caution and negative sentiment prevailed ahead of the corporate earnings release this week. Lennar reported higher than expected earnings on an increase in new orders.
Jan 15, 2013 10:11 AM ET
Dell jumped on the speculation that the company may go private. Express lifted outlook for the fourth quarter and full year 2012. Forest Laboratories third quarter net swung to $153.6 million loss. Lennar fourth quarter jumped more than three-fold and new order climbed 32%.