GO
Loading...

India

More

  • DIARY - Emerging Markets Economic Events to Aug 5 Tuesday, 22 Jul 2014 | 8:02 PM ET

    July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.

  • July 22- Puma Biotechnology Inc said its experimental breast cancer drug met its main goal in a late-stage trial. Shares of the company, which doesn't have any drug in the market, tripled to $176.94 in extended trading.

  • *Sees Q3 earnings $0.35- $0.40/ shr vs est $0.44. *Sees Q3 revenue $1.15 bln- $1.2 bln vs est $1.26 bln. Juniper, whose clients include Verizon Communications Inc and AT&T Inc, forecast adjusted profit of 35- 40 cents per share on revenue of $1.15 billion- $1.2 billion.

  • July 22- Chipmaker Xilinx Inc forecast disappointing revenue for the second quarter after reporting lower-than-anticipated first-quarter sales due to weak sales to telecom, aerospace and defense customers.

  • Juniper revenue rises on higher telecom spend Tuesday, 22 Jul 2014 | 4:15 PM ET

    July 22- Network gear maker Juniper Networks Inc reported a 7 percent rise in quarterly revenue, helped by higher spending by telecom carriers to ramp up networks. Net income rose to $190.3 million, or 40 cents per share, in the second quarter ended June 30, from $142.6 million, or 29 cents per share, a year earlier. Revenue rose to $1.23 billion from $1.15 billion.

  • July 22- Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. But Coke reported lower-than-expected quarterly revenue as sales volume in North America, its biggest market, was flat partly because of a decline in diet Coke sales.

  • *Q2 earnings $2.76/ share vs $2.64 a year earlier. July 22- Lockheed Martin Corp, the Pentagon's largest defense supplier, reported a 3.5 percent rise in quarterly profit on Tuesday and raised its full-year earnings forecast, sending its shares up more than 2 percent.

  • 3 reasons why Apple should watch out for Xiaomi Tuesday, 22 Jul 2014 | 1:14 PM ET
    A Xiaomi Redmi smartphone runs on Google's Android operating system.

    At first glance, it may seem easy to dismiss Chinese smartphone maker Xiaomi as a viable competitor to Apple. But that won't be for long.

  • July 22- Verizon Communications Inc, the largest U.S. wireless telecommunications company, on Tuesday reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales. The increase in customers is a boost for Verizon, which has been reluctant to follow rivals like T-Mobile US Inc which have discounted aggressively.

  • July 22- Coal miner Peabody Energy Corp reported a smaller-than-expected quarterly loss, helped by stronger price realizations in the United States and higher sales volumes in Australia.

  • July 22- Omnicom Group Inc, the No.1 U.S. advertising company, said it was sticking with its annual organic revenue growth target, showing little effect from its aborted $35 billion merger with France's Publicis Groupe. Omnicom shares, which have gained 9 percent since the deal fell apart in May, rose as much as 1.4 percent on Tuesday.

  • July 22- Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling U.S. division turned in a third straight quarterly sales decline and results from Europe also logged a surprise drop.

  • July 22- Verizon Communications Inc, the largest U.S. wireless telecommunications company, reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales. The dramatic increase in customers is a boost for Verizon, which has moved cautiously amid some of the deepest promotions the industry has seen.

  • July 22- Netflix Inc's planned expansion in Europe will set the video streaming company up for growth, but will increase content and marketing expenses in the near term, analysts said.

  • July 22- Rockwell Collins Inc, a maker of avionics and other electronics systems for aircraft, on Tuesday reported a better-than-expected quarterly profit, aided by higher deliveries of equipment for planes such as the Boeing 787..

  • *Raises 2014 profit forecast to $10.85- $11.15/ share. July 22- Lockheed Martin Corp, the Pentagon's largest defense supplier, reported a 3.5 percent rise in quarterly profit as higher interest rates lowered its pension liability.

  • July 22- McDonald's Corp reported a lower-than-expected quarterly profit as comparable sales in its struggling U.S. business fell for the third straight quarter and sales in Europe declined for the first time in four quarters.

  • July 22- Ingersoll-Rand Plc, the maker of Trane airconditioners and Thermo King refrigeration units, raised its current-year profit forecast as it expects the construction and industrial markets to grow. Ingersoll-Rand raised its full-year forecast for adjusted earnings from continuing operations to $3.18- $3.26 per share, from $3.05 to $3.20.

  • July 17- Gentiva Health Services Inc rejected Kindred Healthcare Inc's offer to buy a stake in the home healthcare services provider, and said it received a buyout offer from an unnamed party. Gentiva said it got a $17.25 per share buyout offer from "a recognized owner, operator and investor in the sector" on Thursday.

  • Netflix's Europe expansion seen eating into profits Tuesday, 22 Jul 2014 | 9:23 AM ET

    July 22- Netflix Inc's planned expansion in Europe would set the video streaming company up for growth, but would increase content and marketing expenses in the near term, analysts said.