Oct 31, 2013 1:26 PM ET
U.S. stocks rebounded from the lows in the first hour in trading and the pound jumped 1% against the euro after the inflation rate declined to 0.7% annual rate. U.S. weekly jobless claims declined as government employees return to work.
Oct 31, 2013 11:58 AM ET
Cigna net surged 19% after sales jumped 10%. ConocoPhillips net soared 39%. Facebook said quarterly net swung to a loss. Expedia net slid. MasterCard profit climbed 14%. Starbucks net surged 34%. Time Warner net plunged 34%. Visa net plunged 28%.
Oct 31, 2013 11:18 AM ET
AstraZeneca profit for the quarter dropped 35%. BT Group profit declined 13% to £948 million. Croda sales climbed 4%. Rentokil plunged after Invesco sold 193.7 million shares to reduce its stake. Royal Dutch Shell net tumbled 35%. Smith & Nephew profit declined 8%.
Oct 31, 2013 10:49 AM ET
Nikkei Stock Average in Tokyo declined 1.2% and the yen advanced. Panasonic Corp lifted its annual profit outlook on weaker yen. Kurita Water Industries said net in the first-half declined 16%. Mitsubishi Estate net jumped 75%. Sony Financial first-half net increased 11%.
Oct 31, 2013 10:06 AM ET
Australian stocks struggled to advance and for October market indexes jumped 4%. National Australia Bank reported record profit and increased its dividend. For the month, Sundance Resource soared 44% and Perseus Mining and Whitehaven Coal dropped 20%.
Oct 31, 2013 9:48 AM ET
Adani Enterprises net swung to a loss. Bank of India net surged 106% and Bank of Baroda net dropped 10%. Cadila Healthcare net soared 94%. Dr. Reddy’s profit surged 69%. DLF net plunged 28% and Suzlon Energy said quarterly net loss narrowed. Titan net grew 4%.
Oct 30, 2013 2:38 PM ET
Fed continued its program of monthly purchase of $85 billion of Treasury securities and mortgage-backed securities and left its low interest rate policy intact.
Oct 30, 2013 1:53 PM ET
U.S. stocks wavered ahead of Fed policy statement and focused on earnings. Comcast third quarter revenues declined 2.4%. General Motors quarterly revenues rose 4%. Western Union reported a fall in earnings. LinkedIn sales failed to meet expectations set by analysts.
Oct 30, 2013 12:09 PM ET
American Tower net plummeted 22%. Comcast net plunged 18%. Hess net and revenue tumbled. GM net plunged 41% but sales grew 4%. LinkedIn net swung to a loss. Pricewaterhouse agreed to acquire Booz & Co. Southern Co net jumped 13%.
Oct 30, 2013 11:51 AM ET
Stocks in Tokyo advanced and Nikkei index added 1.2% and the yen weakened. Honda Motor said quarterly net soared 46% to $1.2 billion and retained its full-year outlook. Japan Tobacco plans to close four factories and cut 1,600 staff.