Aug 09, 2013 10:06 AM ET
Catlin revenues climbed but net declined. KPN received takeover offer from América Móvil for €7.2 billion. Nestle net profit increased 3.7% to 5.12 billion francs. Tesco signed merger agreement with China Resources Enterprise.
Aug 09, 2013 9:11 AM ET
Japanese government completed 456 billion yen 30-year bond auction that yielded 1.804%. The Nikkei index plunged 5.9% in the week as the yen strengthened. Nikon plunged 14% after quarterly net plunged 72% and camera maker lowered its fiscal year outlook.
Aug 09, 2013 8:31 AM ET
Australian market indexes struggled and Reserve Bank of Australia lowered its economic outlook to 2.25%. Australian dollar gained above 91.40 U.S. cents. Rio Tinto said it plans to go ahead with its $5.5 billion expansion at its Australian iron ore mines.
Aug 07, 2013 11:59 AM ET
Apollo Tyres net jumped. Emami net soared 30% as sales jumped 13%. Lupin profit surged 43%. NMDC net declined 18%. Tata Motors net declined 23% and company reported rising sales in emerging markets. Welspun net dropped 55%.
Aug 08, 2013 11:48 AM ET
U.S. weekly jobless claims drop to the lowest since 2007. China reported improving trade data. Tesla sold more than expected electric car sales. Rio Tinto net plunges after mining industry boom wanes. T-Mobile unit of Deutsche Telekom adds more than expected new customers.
Aug 08, 2013 11:11 AM ET
AES net jumped but revenue was flat. Beam Inc net plummeted 27%. Markel Corp net plunged 69%. Prudential Financial net swung to a loss. Scripps Networks net climbed 12%. Western Digital net plunged 40%.
Aug 07, 2013 10:33 AM ET
Ferrexpo profit plunged 14% and ING Groep net dropped 13%. Old Mutual profit for the first-half declined 49%. Natixis net surged 13% to €604 million. Ray Investment sold 10% stake in Rexel. Swisscom net declined 10%. TUI profit rose 3%.
Aug 07, 2013 10:27 AM ET
AOL net tumbled 97%. DaVita net climbed and EOG Resources net surged. Ralph Lauren dropped 6%. Sempra Energy net soared four-fold. Walt Disney increased 1% to $1.85 billion and Time Warner net surged 74% to $771 million.
Aug 08, 2013 10:24 AM ET
Aviva revenues slid but pre-tax profit climbed 96%. Deutsche Telekom net profit for the second quarter surged 10% to €530 million. Ladbrokes profit-after-tax declined 58%. Rio Tinto net tumbled 71% and agreed to provide bridge funding to Turquoise Hill.
Aug 08, 2013 10:03 AM ET
Nikkei index in Tokyo reversed early gains and closed down 1.6% and yield on Japanese bonds traded volatile ahead of 2.7 trillion yen bond auction tomorrow. The yen gained. Honda plans to build a new plant in Brazil. Sumitomo Realty reported strong quarterly results.