Apr 11, 2014 12:32 PM ET
Stocks on Wall Street struggled and the S&P 500 index extended the decline to 2.2% in the week. The index had rallied more than 8% in the month to April 2. JPMorgan net declined on weak fixed-income trading. Wells Fargo net topped estimates. Coldwater Creek plans liquidation.
Apr 11, 2014 12:00 PM ET
Fastenal net rose 3% but sales climbed 9%. JPMorgan net plunged 19%. Pier 1 profit tumbled 31% after sales declined 6.5%. Shaw Communications net soared 22%. Wells Fargo net climbed 14% and revenue declined 8%.
Apr 11, 2014 11:24 AM ET
Market indexes in Tokyo extended losses in the week and two widely followed indexes plunged around 7%. Toyota declined for the seventh day in a row. Fast Retailing extended plunge to 13% in the week on profit warning. SoftBank Corp, Komatsu Ltd and Aisin Seiki Corp led decliners.
Apr 11, 2014 10:54 AM ET
Bauer net in the year swung to a loss €19 million but revenue climbed 5%. Givaudan sales slid 0.2% to 1.1 billion francs. Kaufman & Broad net plunged 24%. Restaurant Group profit surged 17% to £56 million. Volkswagen sales in March soared 8%.
Apr 11, 2014 10:15 AM ET
Australian indexes dropped 0.9% but closed up 0.1% in the week on improving economic news and rising commodities prices. Total new lending contracts in February declined 0.7%. Home loans commitment increased 1.9%. Australian dollar advanced.
Apr 11, 2014 9:51 AM ET
NMDC gained after production and dispatches update for the year. Ratnamani Metals secured two orders valued Rs 412 crore. Tata Motors launched a modified version of the crossover vehicle Aria.
Apr 10, 2014 12:09 PM ET
Bed Bath & Beyond net declined 11% and sales dropped 6%. Costco net sales climbed and comparable sales jumped 5%. Family Dollar net plunged 35% after sales dropped 7%. L Brands comparable sales in March fell 1%. iGATE profit dropped 9%. Rite Aid net tumbled 54%.
Apr 10, 2014 10:57 AM ET
Carrefour said revenue in the first-quarter dropped 4% to €19.8 billion. Hays forecasted operating profit for the year between £130 million and £141 million. LVMH reported quarterly revenue jumped 4% to €7.2 billion. Rolls-Royce secured $100 million service contract from U.S. Navy.
Apr 10, 2014 2:32 PM ET
Stocks on Wall Street turned lower led by the weakness in tech stocks for the fifth day. Initial claims of jobless benefits declined to the lowest level in seven years. Greece returned to bond market after four years of exile. China’s international trade unexpectedly shrank in March.
Apr 10, 2014 9:20 AM ET
Market indexes in Tokyo trading remained weak and the yen gained against the U.S. dollar. Toyota declined 2.4% after issuing a global recall of 6 million vehicles. Fast Retailing lowered its annual earnings outlook on higher costs and weaker domestic demand.