Jul 31, 2014 5:13 PM ET
U.S. market indexes declined sharply after weekly initial jobless claims rose 23,000 to 302,000 and Exxon Mobil and Whole Foods Market reported weaker than expected quarterly announcements. Target appointed Pepsi executive as new CEO.
Jul 31, 2014 12:27 PM ET
Apache net plunged 50% and revenue declined 19%. Becton Dickinson profit climbed 8%. Cigna net soared 13%. ConocoPhillips quarterly net was flat but revenue jumped 4%. DirecTV net surged 22%. Helmerich & Payne net plummeted 28%. Kellogg profit tumbled 16%. MasterCard net climbed 10%.
Jul 31, 2014 12:19 PM ET
Topix index in Tokyo closed lower for the first time in five days after several companies missed earnings estimates. Sumitomo Mitsui Financial Group reported smaller than expected decline in earnings. Mitsubishi Heavy Industries said quarterly net soared 65%.
Jul 31, 2014 12:06 PM ET
adidas plunged 16% after the footwear lowered annual profit estimate. BNP Paribas net swung to a loss of €2.6 billion. Lloyds Banking profit tumbled 56% to £699 million. Weir net declined 6% from a year earlier to £117 million.
Jul 31, 2014 10:56 AM ET
Australian stocks powered ahead on the stronger than expected building approvals. Iron ore prices remained weak but the U.S. Fed trimmed its monthly bond purchase program by $10 billion.
Jul 31, 2014 10:35 AM ET
Aban Offshore net doubled. ICICI Bank profit soared 17%. Maruti Suzuki net jumped 21% on 12% increase of sales. NTPC net plunged 13% but sales soared 15%. Mahindra Lifespace net and revenue surged. Torrent Pharma net climbed 72%.
Jul 30, 2014 1:56 PM ET
The first estimate of the U.S. economic growth in the second quarter came in at 4%, reversing the revised contraction of 2.1% in the winter quarter. The increase in inventories, rising cosumer spending and expansion in government spending at all levels contributed to the surge in annual rate.
Jul 30, 2014 1:53 PM ET
Stocks on Wall Street edged lower after the initial estimate of the second quarter economic growth came in at 4%. Markets turned lower ahead of Fed statement in the next hour and corporate earnings were mixed. Twitter soared 21% on larger than expected advertising revenues.
Jul 30, 2014 12:16 PM ET
Amgen net and revenue climbed. CBRE Group net soared 51%. Humana net tumbled 18% but revenue surged 18%. Rockwell Automation net slid 2% and revenue rose 2%. Twitter advertising revenue more than doubled. WellPoint net declined 9%.
Jul 30, 2014 11:18 AM ET
AstraZeneca agreed to acquire Spain-based Almirall for $2.1 billion. Barclays profit soared 68% to £1.1 billion but revenue plunged 12%. Bayer net climbed 13% to €953 million. ITV profit surged 40% to £250 million. Travis Perkins net jumped 16% to £123 million.