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Global Market Update

UK Indexes Slide; Apollo Raises Offer
Jul 28, 2010 11:41 AM ET
The UK indexes decline after disappointing earnings results. The BoE Governor Mervyn King said normalization of bank rates will take time. Home prices in England and Wales rise in June. Apollo Global raises offer to acquire Brit Insurance to £10.75 a share. >>

Broadcom, DreamWorks Gain; CVS, WellPoint Fall
Jul 28, 2010 11:36 AM ET
Sanmina-SCI Corporation led the decliners in the S&P 500 index with a loss of 16.9%. Aetna posts profit rise and lifts outlook. Aflac quarterly profit jumps 85%. Dominion net income more than triples. >>

European Markets Fall; Telefonica and PT Agree
Jul 28, 2010 10:40 AM ET
The European markets pare early gains after weak durable goods orders in the U.S. Euro-zone banks tighten credit standards. Moody’s emphasizes stress test results will have no impact on the ratings of European banks. Telefónica and Portugal Telecom reach agreement for stake in Brasilcel. >>

Sydney Gains; Macarthur Coal Sales Drop
Jul 28, 2010 10:40 AM ET
Stocks in Australia gained after consumer price index increased slower than expected. BlueScope Steel and Japan’s Nippon Steel sign an agreement to develop coated steel products. Queensland appoints a commissioner to oversee the state’s gas market. >>

Nikkei Gains 2.7%; Nippon Steel Sales Up 30%
Jul 28, 2010 10:23 AM ET
The benchmark index in Japan surged 2.7% on strong earnings both at home and abroad. Nippon Steel returns to profit in first quarter. Nissan Motor is planning to boost vehicle output in the U.S. >>

China Stocks Rally on Strong Earnings
Jul 28, 2010 10:06 AM ET
Stocks in China rallied on better than expected earning of industrial enterprises in 24 regions across the nation. Investment in equities rises in the second quarter by 32%. Swire Pacific abandons plan to acquire Haeco. Chalco suspended trading of shares till July 30. >>

U.S. Stocks Weak; Boeing Sales Drop 9.2%
Jul 28, 2010 9:35 AM ET
U.S. stocks trade lower amidst worries of a slowdown in global economic recovery. U.S. durable goods orders fall in June and mortgage demand slackens. Praxair and WellPoint report better-than-estimated second quarter earnings but Boeing sales and net declines. >>

Sensex Declines; RIL Net Surges 32%
Jul 28, 2010 9:29 AM ET
Stocks in Mumbai traded lower in the session. Reliance Industries closed unchanged after net surged 32% and face a stagnant natural gas production. Aban Offshore soared 7% after it received $235 million insurance settlement. >>

Intel Q2 Earnings Call Transcript
Jul 28, 2010 4:17 AM ET
The semiconductor chip maker quarterly revenue rose 34.3% to $10.77 billion from $8.02 billion a year ago. Net income in the quarter was $2.89 billion or 51 cents per diluted share compared to a net loss of $398.0 million or 7 cents per share a year ago. >>

JPMorgan Chase Q2 Earnings Call Transcript
Jul 28, 2010 4:09 AM ET
The financial services provider quarterly revenue fell 2% to $25.1 billion from $25.6 billion a year ago. Net income in the quarter rose 77.8% to $4.8 billion or $1.09 per diluted share compared to net income of $2.7 billion or 28 cents per share a year ago. >>



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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