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Global Market Update

Sensex Drops; HDFC Bank Net Surges
Jul 20, 2010 9:21 AM ET
Stocks in Mumbai declined on mixed earnings. HDFC Bank first quarter net surges. Sesa Goa gains on strong first quarter result. Steel Authority plans to develop a deep water port on the east coast. Cropscience surges on the talks of property sale. >>

Sydney Rallies; Tropicana Gold Gets EPA Approval
Jul 20, 2010 8:25 AM ET
Stocks in Australia rallied and traded higher. Aberdeen plans to start a real estate-focused fund. Asia Iron gets regulator approvals to sell stake to China based CCMDIL. Iluka Resources’ zircon production surges. AngloGold’s Tropicana gold project gets environmental approval. >>

Nikkei Slips; Toyota Faces Prius Suit
Jul 20, 2010 8:20 AM ET
The benchmark index in Tokyo fell more than 1% on the weakness in the U.S. housing market. Toyota faces a patent suit in the U.S. for its hybrid car engine technology. Nissan resumes production at two plants in the U.S. Fast-Retailing and Toray sign a five-year agreement. >>

China Region Stocks Rally; Energy Use Surges
Jul 20, 2010 8:12 AM ET
Stocks in China region rallied more than 2% for the second day in a row. China’s consumption of energy from all sources exceeds that of the U.S. Banking industry net profit surges in Shanghai. China should use more flexible measures to fight inflation says a government official. >>

Builders Confidence Fall, U.S. Stocks Rise
Jul 19, 2010 4:05 PM ET
U.S. stocks extended gains in the late trading despite fall in home builders confidence drop to one-year low. European markets decline on the bank stress test worries. Gold fell and crude oil closed nearly unchanged. >>

BP Cleanup Costs Soar, UK Stocks Fall
Jul 19, 2010 11:42 AM ET
The UK indexes fall and Tomkins received a takeover proposal. Moody''s downgrades the Ireland sovereign debt on bleak growth outlook. The UK home prices decline in July and retail sales soar in London in June. BP oil spill clean-up costs rise to $3.95 billion. >>

Boeing, Quicksilver Gain; AIG, Hasbro Drop
Jul 19, 2010 10:34 AM ET
Tomkins plc led gainers in the S&P 500 index with a rise of 32.6%. Delta swings to a profit and forecasts revenue growth. Halliburton net income rises 83%. Hasbro profit climbs on cost cuts and revenue drops. India based Reliance Industries in talks to buy a stake in Quicksilver. >>

European Indexes Fall; Euro-zone Deficit Widens
Jul 19, 2010 2:20 PM ET
European stocks fall after International Power and GDF Suez SA renews negotiations for a combination of certain assets. Euro-zone construction output declines and current account deficit widens in May. The IMF rejects Hungary’s plea for a higher budget deficit for 2011. >>

Healthscope, Nokia Siemens Deal Lift Sentiment
Jul 19, 2010 9:35 AM ET
U.S. stocks trade higher after a significant sell-off on Friday. Moody''s downgrades the Ireland sovereign debt. The Carlyle Group and TPG Capital agree to acquire Healthscope for $2.7 billion. Nokia Siemens agreed to acquire wireless network infrastructure assets of Motorola for $1.2 billion. >>

Sensex Falls; India’s Trade Deficit Widens
Jul 19, 2010 9:07 AM ET
Stocks in Mumbai fluctuated and closed lower. Trade deficit widens in first quarter. Canara Bank net zooms. Reliance Com shares jump on the speculation of stake sale to Etisalat. Torrent Pharma gets tentative US regulatory approval. >>



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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