Jan 24, 2014 9:41 AM ET
Australian market indexes extended losses for the third week and the Aussie dollar edged to a 3-year low. Echo Entertainment agreed to sell its Jupiters Townsville hotel complex for $70 million.
Jan 24, 2014 8:55 AM ET
Atul revenue and profit surged. Bharat Electronics net slid 3%. Cairn India profit slid 14% and sales soared 17%. Novartis net plunged 47%. Ranbaxy plunged after US prohibited its drugs from its Toansa facility in Punjab. Uco Bank net tripled. UPL net climbed 52%.
Jan 23, 2014 1:04 PM ET
World and U.S. market indexes declined after China’s manufacturing growth declined in a private survey. U.S. existing home sales increase slowed to 1% in December and median home prices rose 9.9%. Weekly jobless claims fell 1,000 in last week.
Jan 23, 2014 12:18 PM ET
Nikkei in Tokyo fell 0.8% following Asia-wide sell-off after a private survey indicated a contraction in manufacturing growth in China. The yen traded near its 2-year low. Nidec gained 6% after the company raised its full-year net income outlook and launched a buyback program.
Jan 23, 2014 7:38 PM ET
Baxter net plunged 34% despite sales increase of 16%. eBay revenue and profit jumped 13%. Johnson Controls net surged 30%. Lockheed Martin net declined 14%. McDonald''s net rose 1%. SanDisk profit surged 58%.Union Pacific Corp net climbed 13%.
Jan 23, 2014 11:44 AM ET
easyJet said revenue in the first-half per seat grew 3.4%. Logitech net swung to a profit. London Stock Exchange total income surged 48% to £309 million. Pearson expects operating profit for 2013 of about £865 million.
Jan 23, 2014 9:21 AM ET
Australian dollar and Asian stocks declined 1% after a private survey indicated a slowdown in manufacturing in China. Saputo is close to acquiring WCB after a 17.7% minority stake holder agreed to sell its stake. Newcrest boosted its 2014 outlook and said all six mines are operating at a profit.
Jan 23, 2014 12:25 PM ET
Amara Raja net sales and profit climbed. Biocon net jumped 14%. Bharti Infratel profit surged 62%. Finolex Cables won an order of Rs 200 crore. KPIT Tech net declined 9%. L&T net soared 11%. Raymond profit surged.
Jan 22, 2014 11:08 AM ET
Abbott net tumbled 44%. CA net dropped 8% and revenue fell 25. General Dynamics net swung to a loss. IBM profit jumped 6%. Norfolk Southern net climbed 24%. Texas Inst net soared 94% to $511 million.
Jan 22, 2014 10:27 AM ET
Allianz said PIMCO CEO Mohamed El-Erian resigned. Credit Agricole agrees to sell its Bulgaria division to reduce €160 million debt. Raiffeisen Bank offered 97.47 million new shares. SSAB agreed to buy Finland-based Rautaruukki for $1.5 billion.