Oct 31, 2014 3:01 PM ET
U.S. and world markets advanced after the Bank of Japan in a surprise move expanded its already large stimulus program and the government controlled pension fund announced plan to increase exposure to stocks. Japanese yen dropped to a seven-year low. Oil and gold continue to slide.
Oct 31, 2014 1:00 PM ET
Chevron net soared 13% to $5.6 billion but revenue declined 7%. Exxon Mobil net rose 3% and revenue fell 4%. Hilton Worldwide profit and total revenues jumped 7%. Mohawk net climbed 7%. Rockwell Collins net surged 96%. Starbucks net swung to profit.
Oct 31, 2014 12:17 PM ET
AB InBev net declined 5% to $2.3 billion but revenue rose 2%. BNP Paribas revenues dropped 4% and the French back set aside €327 million against bad loans in Italy. Intl Consolidated Airlines Group net surged €694 million. RBS net swung to profit to £896 million.
Oct 31, 2014 11:30 AM ET
The Bank of Japan in a surprise move expanded its already large asset purchase program and stepped up its fight against entrenched deflationary forces. The BOJ also lowered its estimate for inflation. In addition, the GPIF announced its plan to increase allocation to stocks and alternative assets.
Oct 31, 2014 10:31 AM ET
Australian market indexes marched higher and the ASX 200 index extended weekly gain by 0.9% to 1.9%. The benchmark index soared 3.4% in the month after investors turned positive despite the recent collapse in energy prices. ANZ annual net rose 10%. Macquarie first-half net soared 35%.
Oct 31, 2014 10:02 AM ET
Advanta quarterly profit surged 981%. Airtel net soared 170%. GAIL net climbed 42%. JK Cement net and revenue jumped. NTPC net slipped 17% on 1% increase in revenues. Procter & Gamble net and revenues rose. Union Bank and Whirlpool net surged.
Oct 30, 2014 7:03 AM ET
Avon and Incyte net swung to profit. Catamaran net jumped 12%. Facebook profit almost doubled on 58% increase in revenue. Harman Intl net soared 79%. Kellogg net declined 31%. MasterCard profit and revenue soared. Visa net plunged 10% but revenue jumped 9%.
Oct 30, 2014 1:03 PM ET
Stocks in Tokyo closed higher and the yen dropped after the U.S. dollar at strongest since October 6. Daiwa Securities said second-quarter earnings increased 4.4% on higher underwriting fees and trading income. Japan Tobacco sales increased 1.3% and net declined 7.4%.
Oct 30, 2014 12:02 PM ET
Bayer lifted revenue forecast and net soared 13% to €826 million. Barclays profit surged 23% to £2.2 billion but revenue fell 2%. BT Group profit climbed 13% to £563 million. Eni profit in the quarter tumbled 57% to €1.7 billion on 11% decline in revenue and Shell profit dropped 5%.
Oct 30, 2014 11:20 AM ET
Australian market indexes gained despite the international terms of trade worsening in September. New home sales in the month were nearly unchanged from August. Echo Entertainment soared on positive outlook.