Jul 18, 2013 8:42 AM ET
Axis Bank net jumped 22% and Bajaj Finance net and revenue soared. Essar Ports first quarter profit surged 48%. IDBI Bank net declined 28% and Kotak Mahindra Bank profit climbed nearly 40%.
Jul 17, 2013 1:36 PM ET
Stocks on Wall Street gained after Fed Chairman Bernanke reassured financial market about the longevity of the monetary stimulus and flexible approach of the central bank. Abbott Labs, Bank of America, CSX and Mattel were in focus after earnings release.
Jul 17, 2013 11:59 AM ET
Abbott second quarter revenue rose but net plunged 72%. Bank of America and Bank of New York net surged. CSX and Mattel quarterly net soared 18%. St. Jude Medical profit plunged 36%. PNC Financial net jumped 10%.
Jul 17, 2013 11:28 AM ET
U.S. federal energy regulator fined Barclays for £299.8 million. Guardian News annual revenue was flat at £206.8 million and net swung to profit. L''Oreal sales jumped 6.4% to €11.7 billion. Smiths Group expects operating profit for the year of £562 million.
Jul 17, 2013 9:56 AM ET
European markets rebounded from morning losses and traded higher after a string of earnings reports from L’Oreal, Accor, ASML and Novartis. Barclays and four energy traders face regulatory charges of $453 million in the U.S.
Jul 17, 2013 9:01 AM ET
Development Credit Bank net surged. HDFC Bank net and revenue in the first quarter surged. L&T won new construction order worth $350 million in Oman.
Jul 17, 2013 8:29 AM ET
Stocks in Tokyo closed higher for the third day in a row and investors looked ahead to elections on Sunday. Ruling coalition is expected to win a majority in the upper house of the parliament. Mitsubishi Motors soared 11%.
Jul 17, 2013 7:59 AM ET
Australian stocks closed lower after trading sideways and investors looked overseas for future direction. BHP Billiton reported record production in five commodities and petroleum production increased less than expected 6% in the year to June. Billabong soared 34% on a debt purchase agreement.
Jul 16, 2013 12:51 PM ET
U.S. indexes traded lower after consumer price index increased 0.5% in June and industrial production rose 0.3%. Earnings at Goldman Sachs were ahead of expectations but Coca-Cola earnings and revenues lagged expectations.
Jul 16, 2013 11:25 AM ET
Brown & Brown second quarter net soared 22% as revenue climbed 12%. Baidu plans to acquire 91 Wireless for $1.9 billion. Citigroup net jumped 11% but Charles Schwab net dropped 7%. Coca-Cola net rose 4% to $2.68 billion. Goldman Sachs net doubled and J&J net soared 171%.