Oct 30, 2013 11:29 AM ET
Australian stocks in a choppy trading closed higher and the dollar edged lower. Leighton said it will defend a class action law suit that is linked to its outlook revision from profit to loss in late 2010 and early 2011. Fortescue plans to refinance its huge debt load of $12 billion.
Oct 30, 2013 12:12 PM ET
Eni profit surged 62% but revenue declined 7%. Fiat net plunged 7% and lowered fiscal outlook. Chrysler quarterly loss narrowed. Next brand sales in the quarter climbed 4%. Standard Life declined after net inflows plunged 54%. Volkswagen profit tumbled 84% to €1.9 billion.
Oct 30, 2013 6:43 AM ET
Alstom India net plummeted 49% as revenue dropped. GAIL reduced its stake in China Gas. Grasim net tumbled 27%. Havells India net surged 45%. JSPL net plunged 50%. Pidilite profit jumped 24%. Tata Communications surged after net swung to profit.
Oct 29, 2013 11:48 AM ET
Aetna net grew 4% after sales surged 46%. Air Products net slid 1%. Apple net dropped 9% but revenue jumped 4%. Cummins plunged after net edged up. Johnson Controls net swung to profit. Pfizer jumped 19% and Thomson Reuters net plunged 38%.
Oct 29, 2013 11:46 AM ET
BP profit tumbled 33% but revenue jumped 5%. John Wood won a two-year contract from Royal Dutch Shell. Lloyds Banking net loss widened to £1.3 billion. Regus revenue in the quarter climbed 26% to £387 million. UBS net swung to profit 577 million francs.
Oct 29, 2013 11:25 AM ET
U.S. indexes wavered after total retail sales declined on weak auto sales. Metropolitan home price index rose across all 20 large cities and prices in Las Vegas jumped the most in several years. San Francisco home price increase continued as tech sector employment rises.
Oct 29, 2013 9:56 AM ET
Japanese regulators step up investigation of large banks to scrutinize lending practices and financial controls in place to prevent lending to criminal group. Regulators forced our chairman of Mizuho Bank and penalized 52 current and past executives. Nomura reported sharp jump in profit.
Oct 29, 2013 9:25 AM ET
Australian market indexes declined in the afternoon and dollar fell after negative comments from RBA Governor Glenn Stevens. ANZ reported fifth annual earnings increase in a row and stock closed at a record high. Kirin has acquired a blocking stake in WCB.
Oct 29, 2013 8:47 AM ET
DCM Shriram net tumbled 95%. Jindal Stainless net loss in the quarter widened. JSW Steel net swung to a loss. Maruti Suzuki net surged 195%. NOCIL net slid. SRF net declined 37%. Shriram Transport net fell.
Oct 28, 2013 2:30 PM ET
AMC Networks agreed to acquire division of Liberty Global for $1 billion. Biogen net and revenue surged. Consol Energy to sell its five of its coal mines for $3.5 billion. Merck net declined 23% and Loews net soared 17%. Sohu.com net swung to a loss.