Aug 16, 2013 1:17 PM ET
Stocks in Tokyo closed lower trimmed the weekly gain. Trading on exchanges declined near the low of the year and the yen was stable. Investors sold across Asia and adjusted to a growing possibility of earlier than expected stimulus tapering in the U.S.
Aug 16, 2013 12:24 PM ET
Australian markets extended losses and indexes fell 1.2% in the week. ANZ Banking Group said cash profit rose 7% to $4.8 billion but said net interest margins are narrowing. Santos Limited said net first-half net increased 3%. APN News Media rebounded to profit.
Aug 16, 2013 11:38 AM ET
Aspen Tech net swung to profit after revenue jumped. Applied Materials net tumbled 23% as sales plunged 15%. Dell net plummeted 72% and revenue flat. Nordstrom net soared 18% and sales climbed 4.4%.
Aug 16, 2013 12:30 PM ET
Gujarat Fluoro net and sales tumbled. Jain Irrigation loss widened. Kingfisher net loss widened and accumulated to Rs 17,180.37 crore. Nalco profit plunged 28.4% as revenue declined. Renuka Sugars net swung to loss. Whirlpool net and sales dropped.
Aug 16, 2013 11:36 AM ET
ASDA said second quarter comparable sales rose 0.7%. Maersk profit for the year declined 13% to 4.89 billion kroner as revenue dropped 9% and estimated global demand for ocean freight to rise 2% to 3%. Telekom Austria plan to sell new equity worth Ä1 billion.
Aug 15, 2013 1:48 PM ET
U.S. market indexes declined after Cisco and Wal-Mart earnings some investors. Weekly jobless claims dropped to the lowest since October 2007 and consumer price index in July increased at a modest pace of 0.2%.
Aug 15, 2013 12:45 PM ET
Volatile market indexes plunged in Tokyo in thin trading after finance minister Aso confirmed that corporate tax rate is not likely to be overhauled. The yen strengthened and trading volume on stock exchanges dropped near the yearly low. Gree soared after quarterly results.
Aug 15, 2013 12:18 PM ET
Australian market indexes traded sideways and trading volume increased. Retail and resource sector conglomerate Wesfarmers Limited said full-year net income increased 6.3% and $579 million capital return to shareholders. The wealth manager AMP Limited said first-half net increased 6%.
Aug 15, 2013 11:18 AM ET
Cisco net soared 18% as revenue jumped. Kohlís rose 4% to $231 million as sales rose. Estee Lauder profit surged 84% after revenue climbed 7%. NetApp net surged 28% and Perrigo net climbed 11%. Wal-Mart net rose 1% to $4.07 billion and lowered fiscal outlook.
Aug 15, 2013 11:14 AM ET
Cineworld profit surged as sales soared 22%. H & M Hennes said comparable sales in July slid 1%. Oriflame Cosmetics plunged 27%. Ophir Energy net loss in the first-half narrowed. Zurich Insurance profit slid 17% to $1.85 billion.