Aug 23, 2013 11:29 AM ET
Nikkei index in Tokyo jumped 2.2% and electronics makers and automobile companies led the gainers as the yen declined to one-month low. Tokyo Electric Power declined 5% after the government demanded secured water tanks to store radioactive water.
Aug 23, 2013 11:11 AM ET
Stocks in Australia closed higher and investors digested a flood of earnings. Billabong received a revised takeover offer from a consortium of investors. Crown Limited said annual net income increased 23%. Lend Lease annual income increased 10%.
Aug 23, 2013 10:56 AM ET
Autodesk net slid 4% and sales fell 1%. Dollar Tree net jumped 5% and Foot Locker net climbed 12%. Gap net surged 20%. Nordson profit fell 3% but sales jumped 6%. Ross Stores net climbed 17%.
Aug 23, 2013 10:55 AM ET
Afren profit tumbled 21.1% but revenue grew. Bachem net surged 43% to 10.4 million francs as sales climbed 7%. Flsmidth said profit for the quarter plunged 36% as order intake declined 22% but revenue jumped 14% and the company lowered its fiscal outlook.
Aug 23, 2013 10:53 AM ET
Bajaj Corp agreed to acquire Nomarks to enter skin care market. Baring Private Equity acquired 42% stake of Hexaware for $400 million. NHPC plans to buy back shares worth Rs 1,600 crore.
Aug 22, 2013 11:29 AM ET
Abercrombie & Fitch net plunged 33% and Buckle net slid 2%. Cato net swung to a loss. Children''s Place and Sears Holdings net loss widened. Hormel Foods net fell 1% to $113.6 million. Hewlett-Packard swung to a profit $1.4 billion.
Aug 22, 2013 11:20 AM ET
U.S. stocks advanced after manufacturing reports at home and in China showed an advance. Initial jobless claims rose 13,000 but 4-week average declined. Sears net loss widens and Abercrombie net plunged 33%. HP net swung to quarterly profit.
Aug 22, 2013 11:10 AM ET
Carillion profit soared 9% and agreed to acquire Analytical Flow Products for £36 million. IMI, engineering contractor said first-half revenues were flat and profit climbed 8% to £113 million. Premier Oil net jumped 11%. Rockhopper said loss in the year widened.
Aug 22, 2013 10:18 AM ET
Stocks in Tokyo closed lower and in weak trading volume and investors focused on improving manufacturing data from China and ongoing concern about the early withdrawal of stimulus in the U.S.
Aug 22, 2013 9:43 AM ET
Trading volume on Australian exchanges recovered near the high for the year after earnings reports from Fortescue Metals, Origin Energy, Seven West Media, Tatts Group and Toll Holdings. Fortescue reported a sharp jump in sales and earnings.