(Bloomberg) -- Asian stocks headed for their biggest weekly advance in three months as data suggested China’s economy is responding to government support. Taiwan became the latest regional bourse to enter a bull market. The MSCI Asia Pacific Index rose Wipro Limited (NYSE:WIT) – Research analysts at Jefferies Group lowered their FY2017 EPS estimates for shares of Wipro Limited in a report released on Monday. Jefferies Group analyst V. Dhasmana now expects that the firm will post earnings of $0.56 per Tata Consultancy Services (TCS) on Thursday posted a net profit of Rs 6,317 crore on sales of Rs 29,305 crore in the June quarter, beating the Street's estimates. Higher-than-expected profitability was driven by lower-than-expected drop in Q1 margin Europe is the second-biggest market after the United States for India's software services companies. United Kingdom accounts for 14.8 percent of TCS' revenue, while the rest of Europe contributes 11.5 percent. "Based on anything I've heard from any client The North Dakota Department of Health estimates a proposed ballot measure aimed at legalizing medical marijuana would require adding 32 full-time employees and cost $8.7 million to administer in the first biennium – a figure the measure’s lead sponsor (RTTNews.com) - U.S. Bancorp ( USB) reported net income to shareholders of $1.44 billion for the second quarter of 2016, or $0.83 per share, compared to $1.42 billion, or $0.80 per share, in the second quarter of 2015. The company noted that its second .
PNC Financial Services Group Inc. (NYSE:PNC) posted its quarterly earnings data on Friday. The company reported $1.68 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.75 by $0.07. The company earned $3.79 billion during the India’s largest software services exporter, Tata Consultancy Services (TCS), on Thursday beat analyst estimates with a 9.4% rise in net profit during the first quarter, after new cloud computing and mobile services helped shore up revenue. The company JPMorgan's core loan portfolio in the second-quarter increased by $100 billion from a year ago, says The Motley Fool's John Maxfield. JPMorgan (NYSE:JPM) started off second quarter bank earnings reports on Thursday morning with an earnings beat. The report helped the stock and the leading market indexes to open higher. For the day, JPMorgan opened with a gain of approximately 2%. .
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