Jul 19, 2013 11:29 AM ET
BB&T net advanced 7%. General Electric revenue fell and net income was flat at $3.1 billion. Johnson Controls net surged 32% and provides outlook. Microsoft net swung to profit as revenues jumped 10%. Schlumberger profit jumped 16% and Whirlpool net soared 75%.
Jul 19, 2013 10:41 AM ET
Electrolux net in the quarter declined 8% as sales slid. John Lewis gross sales plunged 9%. Vopak lowered its fiscal year earnings outlook. UK government plans to sell £5 billion of Lloyds bank shares. Vivendi rejected $8.5 billion offer from SoftBank. Vodafone revenue grew 2.5%.
Jul 19, 2013 10:21 AM ET
Australian stocks traded lower after commodities prices eased and investors took profits. Orica Limited, the maker of explosive systems declined on weak earnings outlook. Santos Limited lowered its annual energy output.
Jul 19, 2013 9:23 AM ET
Bajaj Auto net rose only 2.7% and sales declined 2%. Hexaware profit surged 23% as revenue jumped 6%. HDFC net soared 17% to Rs 1,173 crore. Mastek profit plunged and revenue slid. Tata Consultancy Services net climbed 6%.]
Jul 18, 2013 12:22 PM ET
U.S. stocks gained after a flood of better than expected earnings and initial jobless claims declined to the lowest in ten weeks. Verizon, Intel, IBM, Morgan Stanley, U.S. Bancorp and eBay were among leading companies to release earnings today.
Jul 18, 2013 12:00 PM ET
BlackRock second quarter revenue and net soared. eBay revenue climbed but net slumped. Intel revenue fell 5% and net plunged 29%. IBM profit declined 17%. Morgan Stanley net surged 42% and Verizon net climbed 21%.
Jul 18, 2013 11:15 AM ET
Dart annual profit jumped 37%. Ericsson sales flat but quarterly soared 26%. Hitachi secured contract worth £1.2 billion to build the 270 train carriages. Nokia revenue declined 24% and handset business revenues plunged 32%. Sports Direct profit surged 40% to £207 million.
Jul 18, 2013 10:54 AM ET
European indexes closed higher and commodities prices gained in international trading. Euro zone current account surplus declined in May. Spanish bank bad loan ratio approached to a record high in November. Akzo Nobel, the largest paint maker fell after 4% decline in quarterly revenues.
Jul 18, 2013 9:42 AM ET
Stocks in Tokyo gained for the fourth day in a row and the yen weakened as investors looked ahead to weekend election results. Toshiba plans to expand its flash memory production. SoftBank trades higher to become the third most valued company in Tokyo.
Jul 18, 2013 9:18 AM ET
Australian stocks failed to build on the early enthusiasm in the session and pulled back from the peak of the day. Australian business conditions and confidence index declined in the June quarter. Newcrest Mining declined 4.5%.