Feb 04, 2014 10:20 AM ET
Australian indexes dropped 1.7% following Asia-wide decline and Aussie dollar firmed up after the Reserve Bank left reference rate unchanged and guided stable rate environment in the near future. Resource and banking stocks led the market decline.
Feb 04, 2014 9:26 AM ET
Bharat Forge net surged 98% and revenue climbed 24%. Divi''s Lab net jumped 52%. Hero Motocorp sales in January rose barely increased. Jaiprakash Power net loss widened. Tata Chemicals net swung to a loss. Whirlpool net climbed doubled on 9% revenue increased.
Feb 03, 2014 12:02 PM ET
Chrysler January sales jumped 8%. Ford sales declined 7% and GM sales fell 11.9% and blamed weather for weaker sales. Ingles Markets net declined 18%. Sysco net dropped 5%.
Feb 03, 2014 11:31 AM ET
Julius Baer profit tumbled 30% to 188 million francs but assets under management soared 34%. Ryanair said net in the quarter swung to a loss. Rexam plans to sell its pharmaceutical unit to Montagu for $805 million. Smith & Nephew agreed to buy ArthroCare for $1.7 billion in cash.
Feb 03, 2014 10:03 AM ET
Australian indexes eased at close in the absence of domestic economic news. The Aussie dollar trended lower and the stock trading turnover dropped near the low of the year. Country Road reported surge in sales and earnings. JB Hi-Fi revised higher annual outlook.
Feb 03, 2014 9:20 AM ET
Ashok Leyland sales in January plunged 26% and net swung to a loss. Bajaj sales declined 8%. Berger Paints net grew 7%. Grasim profit dropped 34%. IDBI Bank profit tumbled after non-performing loan ratio jumped. Lupin net surged. M&M sales fell 14%. TVS sales jumped.