Apr 22, 2013 11:37 AM ET
BE Aerospace first quarter net soared 31% and Caterpillar net plunged 45%. Halliburton net swung to $18 million loss and Hasbro first quarter loss widened. Netflix surged after net swung to profit and added more than estimated net new subscribers.
Apr 23, 2013 11:26 AM ET
A. O. Smith first quarter net plunged 18% and Coach net jumped 6%. Delta Air Lines net tumbled 94%. du Pont first quarter net soared 31% and Illinois Tool net dropped 27%. Rogers Communications net rose 3% to $3.03 billion and The Travelers Co jumped net 11% to $896 million.
Apr 23, 2013 10:48 AM ET
Australian indexes advanced on a rally in resource, consumer and financial sector stocks. The latest manufacturing survey in China indicated showed slower than expected increase in growth rate. Wesfarmers and Evolution Mining Limited reported quarterly production decline.
Apr 23, 2013 10:27 AM ET
Markets in the euro zone surged on the growing speculation that the European Central Bank may be forced to lower benchmark rate. The latest read on manufacturing output showed weakness across the region led by a weakness in Germany.
Apr 23, 2013 10:08 AM ET
ARM Holdings first quarter profit surged 39% and Associated British Foods profit for the period soared 27% to £309 million. Richemont estimated sales for the year to climbed 14 % and net profit to jump 30%. STMicroelectronics net loss widened.
Apr 23, 2013 9:28 AM ET
Cairn India fourth quarter net surged 17% and HDFC Bank net surged 30%. Mahindra Lifespace fourth quarter net soared 95% and Persistent Systems net climbed 43%. Reliance and Airtel signed pact for international data connectivity. Tata Sponge fourth quarter net plunged 36%.
Apr 22, 2013 12:44 PM ET
Stocks on Wall Street meandered. Existing home sales declined 0.6% in March but media price rose 11.8%. Power-One soared 57% after ABB Ltd agreed to acquire the company for $1 billion.
Apr 22, 2013 12:26 PM ET
European markets extended gains for the second day in a row following the sustained rise in Asian markets. The euro firmed against the dollar and the yen. UK plans to sell its stake in Urenco that may fetch as much as €3.3 billion. Philips reported quarterly net fell 12%.
Apr 22, 2013 10:56 AM ET
ABB agreed to acquire Power-One for approx $1 billion. Betfair rejected takeover bid of £912 million from CVC. Dixons sold its Sweden based Webhallen in 140 million kronor. Delhaize first quarter revenues rose 2.1% to €5.5 billion.
Apr 22, 2013 10:38 AM ET
MindTree fourth quarter jumped 14%. Tata Elxsi net profit fell 1.5%. UltraTech net slid 2.6%. Wipro plunged on weak revenue outlook and fourth quarter climbed 17%.