Feb 12, 2014 10:12 AM ET
Real estate and financial services stocks lead the broad rally in Tokyo. The yen gained. Toyota recalled 1.9 million Prius. Nissan sales in China fell 0.4% in January. Softbank quarterly net declined and the wireless pushed ahead to explorer merger of Sprint and T-Mobile.
Feb 12, 2014 9:40 AM ET
Heineken net plunged 53% to €1.4 billion. ING Groep profit tumbled 64% to €539 million. Reckitt Benckiser net dropped 4% to £1.7 billion. Societe Generale net swung to a profit €322 million and revenue surged 13%. TeleCity sales and profit climbed.
Feb 12, 2014 9:32 AM ET
Australian market indexes jumped 1% in active trading and trade with China soared 33% in January. China also reported 10.6% increase in exports in the month. Commonwealth Bank of Australia reported record first-half profit.
Feb 12, 2014 9:20 AM ET
BPCL net swung to a loss on 3.8% rise in revenues. GMR Infra net loss widened. HPCL reported larger than expected loss. National Fertilizers net swung to a profit on 36% rise in sales. Oil India net declined 4% and revenue climbed 5%. Tata Steel profit declined 45%.
Feb 11, 2014 12:54 PM ET
Indexes on Wall Street advanced and Fed Chairman Yellen’s comments offered reassurance about the Fed policy continuation. Speaker John Boehner plans to consider a debt ceiling bill with no strings attached tomorrow. Earnings also contributed to the positive trading sentiment.
Feb 11, 2014 11:40 AM ET
CVS Caremark net surged 13%. Dean Foods net swung to a loss. Entergy net plummeted 50%. HCP profit jumped 13% but revenue fell 5%. IntercontinentalExchange net swung to a loss. Ingersoll-Rand net tumbled 80%. Markel profit soared 168%.
Feb 11, 2014 11:10 AM ET
Barclays profit surged £1.30 billion and revenue declined 11%. Glencore said copper and coal output climbed 32%. L’Oreal agreed to buy 8% stake from Nestle for €6 billion. Thomas Cook reported flat revenues and gross profit.
Feb 11, 2014 8:57 AM ET
Australian market indexes gained 0.6% and the exchange grappled with glitches and trading was halted for thirty minutes. Cochlear Limited plunged 9% on earnings outlook. Forge Group faces bankruptcy. ANZ guided revenues in 2014 to increase between 4% and 5%.
Feb 11, 2014 8:33 AM ET
Aditya Birla Nuvo net jumped 22% but revenues declined. CEAT profit climbed and revenue surged. Dr. Reddy''s net soared 70% after sales jumped 23%. NMDC net surged 21%. NOCIL net climbed 53%. Tata Motors net surged 195% on a rise in luxury segment sales.
Feb 10, 2014 12:21 PM ET
U.S. stocks struggled and lacked direction and investors looked to economic data releases in the week ahead. The dollar against the yen and emerging market currencies. Crude oil and gold gained and the yield on 10-year Treasury notes inched higher.