Feb 13, 2015 12:39 PM ET
ArcelorMittal net loss narrowed and sales declined 6%. AIG net tumbled 67%. DTE Energy lifted earnings outlook. Groupon net swung to profit. Smucker revenues and profit declined. Kraft Foods net swung to a loss. Ventas net rose. VF Corp net plunged 67%.
Feb 13, 2015 11:11 AM ET
Anglo American reported net loss widened to $2.5 billion. Centrica’s subsidiary British Gas agreed to acquire AlertMe for £44 million. Ardian agreed to buy JLT''s 26.2% stake in Milestone. Rolls-Royce net tumbled 96% to £58 million. ThyssenKrupp net swung to profit to €50 million.
Feb 13, 2015 10:09 AM ET
German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras struck a friendlier tone in looking for a solution to the debt problem of Greece. Prime Minister Tsipras is still looking for debt write down and tie future loan payments with the primary budget surplus.
Feb 13, 2015 9:37 AM ET
Market averages in Tokyo eased from the recent 7-year high and investors focused on the latest batch of earnings. Citizen Holdings nine-month revenues jumped 5.6% and net soared 33%. Suntory Beverage & Food annual sales rose 12% and earnings advanced 16%. Mabuchi Motor net was ahead of expectations.
Feb 13, 2015 8:55 AM ET
Australian market indexes soared in active trading after commodities rebounded and domestic earnings supported market momentum. Newcrest Mining reported surging earnings on flat revenues and also said that the gold miner is open to selling its third largest mine. Sims Metals soared.
Feb 13, 2015 7:59 AM ET
State Bank of India net surged 30% but loan loss reserves stayed at 4.9%. BHEL net plunged 69%. Cipla jumped 15%. Coal India net declined 16% but sales jumped 4%. M&M revenues slipped 9%. Max India net soared three-fold.
Feb 12, 2015 12:43 PM ET
Stocks surged ahead and Nasdaq flirted with record high after earnings empower market rally on Wall Street. Easing Ukraine and Greece related tensions in Europe also supported market advance. U.S. dollar gained as retail sales fell and weekly jobless claims rose.
Feb 12, 2015 12:10 PM ET
Avon net loss widened on 13% fall in revenues. BorgWarner dropped 1%. Boeing secured two orders worth about $3.1 billion. Expedia agreed to acquire rival Orbitz Worldwide for $1.38 billion. NVIDIA net surged 31%. Tesla net loss widened. Tripadvisor surged after net climbed 80%.
Feb 12, 2015 11:04 AM ET
Alstom-Bombardier consortium received order for ten MI09 double-deck trains worth about €150 million. Commerzbank profit surged to €602 million as residential mortgage finance rose and loan loss provisions fell. Credit Suisse net swung to profit to 921 million francs. Total net swung to loss.
Feb 12, 2015 10:06 AM ET
Weaker yen, rising earnings and a growing stock buyback announcement lifted Nikkei to the highest level in 7 ½ years. Core machine orders in December climbed 8.3% compared to 1.3% gain in November and for the year soared 11.4%. Asahi, Dentsu, Kirin, Marui and Rakuten reported rising earnings.