Aug 20, 2013 6:03 AM ET
Best Buy net surged to $266 million. Dick''''''''s Sporting net surged 57%. Home Depot profit soared 18%. J. C. Penney reported net loss widened. Medtronic net jumped 10% and TJX net soared 14%.
Aug 20, 2013 10:00 AM ET
Empee Sugars net loss narrowed and HCL profit surged 130%. Hathway Cable net swung to a profit. Jaiprakash Power sells its stake in two hydro-power projects. McNally secured order worth $160 million. Siemens India won contracts in Bangladesh.
Aug 20, 2013 9:58 AM ET
BHP net declined 30% to $10.88 billion. Glencore reported loss of $8.92 billion and wrote down $7.66 billion assets linked to Xstrata takeover. John Wood net soared 32% and Lindt net soared 40% to 48.8 million francs. Straumann net jumped 21%.
Aug 19, 2013 1:13 PM ET
U.S. indexes traded sideways in light trading and yields on U.S. Treasuries increased. Investors continued to pull money from emerging markets and added new capital to U.S. focused equity funds. European markets declined and rupee in India fell to a new low.
Aug 19, 2013 11:39 AM ET
Stocks in Tokyo traded sideways as investors looked ahead for more policy initiatives in the next few weeks. The yen traded volatile. The Nikkei index rebounded after 2-day losses. Airport Facilities soared on hopes government may establish a zone to promote smaller companies.
Aug 19, 2013 11:34 AM ET
McGraw Hill increased its stake India’s credit rating Crisil for $214 million. Raven net declined 28%. Saks said net loss in the quarter widened. Zillow agreed to acquire StreetEasy.
Aug 19, 2013 10:58 AM ET
Australian investors digested a flood of earnings and trading volume perked up near the high of the year. Australian new car sales declined 3.5%. Z Energy Limited and Birch and Prestige Investment Group debuted on the ASX. Aurizon, freight railroad operator said annual net increased 1%.
Aug 19, 2013 10:34 AM ET
Asahi Glass net loss widened and DEN Networks net swung to loss but sales surged 24%. Essar Steel plan to raise $2 billion. Indiabulls buyback its stake from a private equity firm. Tecpro net swung to loss as sales declined. Varun Shipping net tumbled 99%.
Aug 19, 2013 10:28 AM ET
Atlas Copco agreed to acquire Edwards Group for £1.2 billion. Bovis Homes profit surged 25%. Kentz rejected takeover offer from rival Amec and M&W Group. Kingspan net profit jumped 5%. Statoil sold stake in North Sea oil fields to Austria’s OMV for $2.65 billion.
Aug 16, 2013 2:56 PM ET
U.S. market indexes traded sideways and housing starts rose more than expected on a 25% surge in volatile apartment construction. Consumer confidence index declined unexpectedly. SEC approved the ICE’s takeover plan for NYSE Euronext.