Jan 30, 2015 1:51 PM ET
U.S. economic growth in fourth quarter was 2.6% and for all of 2014 was 2.4%. Stocks on Wall Street traded lower after slower than expected growth in the quarter. Russian ruble plunged 4% after central bank abruptly lowered rate by 200 basis points.
Jan 30, 2015 12:48 PM ET
Amazon.com net declined 11% but revenues jumped 15%. Biogen profit surged 93%. Chevron net tumbled 30% on 18% decline in revenues. Eli Lilly net plummeted 41% and revenues declined 12%. Google revenues and net soared. MasterCard net surged 29%. Xerox profit tumbled 49%.
Jan 30, 2015 12:25 PM ET
Stocks in Tokyo closed higher after industrial production jumped 1% and inflation was below target set by the Bank of Japan. Jobless rate in December was unchanged at 3.4% and housing starts dropped 9%, first monthly decline in five years.
Jan 30, 2015 11:06 AM ET
Resource stocks led the gainers in Sydney and market indexes extended advance for the seventh day in a row. Aussie dollar edged how on the growing speculation that the Reserve Bank of Australia may lower rate sooner than expected.
Jan 30, 2015 11:04 AM ET
BT Group profit surged 12% to £694 million but revenues dropped 3%. Novo Nordisk net profit jumped 8% to 6.53 billion kronor. Vedanta Resources third-quarter EBITDA tumbled 44% to £346 million.
Jan 30, 2015 8:55 AM ET
Market indexes in Mumbai drop 1.7% led by a sharp plunge in bank stocks. Government of India lowered its stake in the largest coal miner to 80%. Bank of Baroda lifted its bad loan reserves and net plunged 68%. HCL Tech net rose 2%. ICICI climbed 14%. IDFC net slipped 16%. NTPC net gained 7%.
Jan 29, 2015 2:15 AM ET
Abbott net surged 54%. Colgate-Palmolive net climbed 11% while sales dropped. ConocoPhillips net swung to a loss. Dow Chemical net plunged 24%. Harley-Davidson net fell 1% on flat revenues. Qualcomm profit jumped 5%. Visa net declined 10%.
Jan 29, 2015 2:12 AM ET
Diageo net plunged 18% to £1.3 billion. Deutsche Bank net swung to profit €441 million on 19% increase in revenues. Fiat Chrysler profit tumbled 68% from a year ago to €420 million but revenues climbed 13%. Nokia profit surged 79%. Shell net plummeted 57%.
Jan 29, 2015 2:09 AM ET
Nikkei in Tokyo fell more than 1% after seasonally adjusted monthly retail sales slipped 0.3% in December. In addition, stocks fell after U.S. Fed in its statement cited weak global economic growth. Skymark Airlines plunged 25% after filing bankruptcy protection. Nintendo tumbled 8%.
Jan 29, 2015 8:18 AM ET
Australian dollar held firm but analysts raised the prospect of the currency to drop as low as 72 U.S. cents. Fortescue Metals reported 47% increase in shipment in the first-half and also cut in half its planned capital spending but said production cost is expected hover near $25 a ton.