Over. Welcome to daybreak asia, coming to you live from our asia headquarters in hong kong. Mann. Vonne positive earnings pushing the stocks to a fresh record. Action in new york. Much run byry optimism over the current earnings season. Check out the closing numbers. The s p 500 on a record, the sixth time in three days. Records. Posting and providing a big post big biz, markets resilient and after bad earnings, good earnings making the market rally. It is better than expected. Microsoft up 5 . Strong earnings for them. And Morgan Stanley coming with better than expected bond trading revenues. That lifted the banks. And technology, price cutting will be a priority from marvell. And chipmakers at their best performance in teen years. 16 years. David yvonne and even after the bell su they got it at the high end of the midpoint. They did also come in with Slower Growth in the chip division. There is concern that intel will not be able to wait make up for the weaknesses on the revenue side
To have Going Forward. Lets get a check on the markets. Julie hyman is standing by. Have at least some of the downdraft today having to do with some of the earnings reports we have gotten. The dow falling the most of the three major averages, down one half of 1 . Transportation is a big part of the story. On pacific, the lard was the largest publicly traded railroad in north america. Shares down 3 . Profit spell and shares down 12 , and the company said Going Forward that plunging consumer demand and a strong dollar will be a consistent drag. You can look at the carload on the bloomberg. I am looking at yearoveryear decline or advances in the various types of carloads. The purple is coal. We have seen continuing declines in cold. In coal. You are seeing declines in the other areas, everything but agriculture. Other modes of transportation as well. All of that falling. Union pacific has to take pretty drastic measures. It has 33 workers on furlough. It has stored 1700 locomotives to shr
Godrej & Boyce Manufacturing Co Ltd sells office space near Mumbai for ₹157 cr to Godrej Industries Ltd hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
The Godrej and Boyce Manufacturing Company, a mixed-use development project that combines commercial offices with luxury residential units has made major real estate transactions, selling premium office spaces to Godrej Industries Limited for Rs 157 crore in Mumbai's Vikhroli, reported Moneycontrol. In addition to the office space, the deal also includes a 75 parling spaces.