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America Market Update

Avago in $37 B Deal with Broadcom; Abercrombie, Palo Alto Jump
May 28, 2015 1:11 PM ET
Avago agreed to acquire Broadcom for $37 billion. CA agreed to acquire Rally Software for $480 million. Abercrombie & Fitch net loss widened. Costco profit climbed 9%. Copart net soared 41%. Palo Alto net loss narrowed. >>

Greece and Lenders Miss One More Deadline, Swatch Group Net Eases
May 28, 2015 11:40 AM ET
Ferrexpo net tumbled 53% on 38% decline in revenues. Kingfisher sales and retail profit each dropped by 5%. Sports Direct climbed on positive outlook. Swatch Group profit slightly declined to 1.416 billion francs. >>

Nikkei at New 15-Year High on 8-Year Low Yen Weakness
May 28, 2015 11:37 AM ET
Ten day rally lifts Nikkei average in Tokyo by 5% and the yen traded at a new 8-year low. Retail sales in April increased 5% from a year ago month and seasonally adjusted sales rose 0.4% from a month ago. Sales data have been distorted ahead of last April sales tax increase. >>

Australian Capex Falls 4.4%, Mirvac Asset Sale to Raise $450 M
May 28, 2015 10:44 AM ET
Market averages in Sydney turned lower after capital expenditure in the first-quarter declined 4.4%. Australian dollar edged lower. Mirvac Group said it plans to sell assets and raise as much as $450 million. >>

Sensex in India Eases; BPCL, Hindalco, RInfra Swing on Earnings
May 28, 2015 9:54 AM ET
Godrej said quarterly profit jumped 22%. BPCL net declined 30%. AstraZeneca India surged 16% on 31% increase in revenues and quarterly net swung to profit. Bata India quarterly net soared 48%. Hindalco profit plunged 36% but revenues jumped 11%. >>

S&P 500 and Indexes Rebound, Fed and Greece Dominate Sentiment
May 27, 2015 1:31 PM ET
Market indexes on Wall Street jumped on a rebound in tech stocks and the two familiar news topics resurfaced. Investors played a guessing game on the next rate move by the Fed and the EU officials denied reports that lenders are working with Greece in finalizing a loan agreement. >>

Yen Hits 8-Year Low Against Dollar, Nikkei in 9-Day Rally
May 27, 2015 12:19 PM ET
Nikkei average gained for the ninth day in a row and extended rally to a 4.5% advance. The yen dropped to a low not seen since July 2007. Mitsubishi Gas said it plans to spend 9 billion yen to buy back its stock. Seibu Holdings estimated fiscal year profit to jump 10%. >>

Brown Shoe, DSW, Tiffany Soar; Chico's, Michael Kors, Workday Plunge
May 27, 2015 11:57 AM ET
Brown Shoe net soared 25%. Chico''''s net jumped 5%. DSW profit surged 23%. Hormel Foods agreed to acquire Applegate Farms for $775 million. Movado net tumbled 51%. Michael Kors profit soared 13%. Reynolds American won the U.S. antitrust approval to merge with the rival Lorillard. >>

Australian Stocks Decline, Construction Activities Shrink
May 27, 2015 11:35 AM ET
Australian market indexes closed down in moderate trading and the Aussie dollar held firm. Construction spending declined on a seasonally adjusted basis but residential construction soared in the quarter. >>

IAG Offers 1.4 B to Aer Lingus; Ahold Net Surges, De La Rue Net Drops
May 27, 2015 11:27 AM ET
IAG intends to acquire smaller rival airline Aer Lingus for 1.36 billion. European markets advanced. Ahold net surged more than three-fold to 213 million. De La Rue profit plunged 28%. Telford Homes net soared 32%. >>



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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc