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Global Market Update

Narrow Dow Average Passes Intraday Record, Service Industry Expands
Mar 05, 2013 11:46 AM ET
Stocks on Wall Street extended gains on economic optimism. The narrow and legacy Dow Jones Industrial average surpassed previous intraday record in 2007. Service industry index gained at a fastest pace in a year. >>

Investors in Tokyo Turn Cautious, Fast Retailing Up 5%
Mar 05, 2013 10:37 AM ET
Tokyo stocks halted a 3-day rally as investors feared that the market gains of the last three months may have extended stocks. Fast Retailing increased after same store sales at Uniqlo jumped 9.6% in February. >>

U.S. Movers: Ascena Retail, Glencore, Bank of Nova Scotia, Xstrata
Mar 05, 2013 10:04 AM ET
Ascena Retail second quarter net declined 7% and Glencore profit for the year tumbled 75% and merger date with Xstrata extended. Bank of Nova Scotia first quarter net climbed 12%. Xstrata profit for the year plunged 77% to $1.37 billion. >>

Auto and Retail Sales Lift Australian Stocks, RBA on Hold
Mar 05, 2013 9:28 AM ET
Australian stocks closed higher after retail sales unexpectedly increased in January after falling for three months in a row. Reserve Bank of Australia left key rate at 3% for the second month in a row. Automobile sales in February increased 5.2%. >>

Europe Movers: Deutsche Post, Glencore, Serco, Xstrata
Mar 05, 2013 9:10 AM ET
Deutsche Post fiscal net surged 43% to 1.66 billion. Glencore profit for the year plunged 75% and extended the merger date with Xstrata. Serco Group fiscal profit surged 40% to 245.9 million. Xstrata profit for the year tumbled 77% to $1.37 billion. >>

India Movers: Adani, DLF, GMR, M&M, Natco Pharma, Tata Motors
Mar 05, 2013 8:52 AM ET
Adani Enterprises share sale oversubscribed. Essar Oil received environmental clearance for coal bed methane gas. M&M third quarter net jumped 51%. Videocon sell 10% stake in Mozambique. >>

Wall Street Shakes off Early Losses on China Worries
Mar 04, 2013 11:46 AM ET
Stocks in New York rebounded after market indexes dropped as much as 0.4%. On Wall Street stocks extended world market losses after China issued tighter lending guidelines to curb rising property prices. >>

Nikkei Rebound in Tokyo Touch a New 4-Year High
Mar 04, 2013 10:47 AM ET
Stocks in Tokyo traded higher after the Bank of Japan chief nominee said he favors forceful monetary steps and he is prepared to accelerate asset purchase program as early as this year.Futures trade was suspended in the afternoon on technical problems. >>

U.S. Movers: Schulman, Arena, Hess, Tech Data
Mar 04, 2013 10:14 AM ET
Schulman offered to buy Ferro valued $855 million. Arena fourth quarter net loss narrowed and Boyd Gaming net loss widened. Hess plans to sell its retail and refining and processing businesses. Tech Data fourth quarter net climbed 52%. >>

Europe Movers: Amlin, Debenhams, HSBC, Repsol
Mar 04, 2013 9:13 AM ET
Amlin fiscal net swung to 247.7 million profit and agreed to acquire RaetsMarine. Debenhams January sales declined 10%. HSBC profit declined 17%. Singapore based Temasek Holdings invested 1 billion in Repsol and increased its stake to 6.3%. >>



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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