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Global Market Update

Largest Weekly Drop in Australian Stocks in a Year
Mar 22, 2013 9:20 AM ET
Stocks in Sydney traded higher after a decline for 4-days and the benchmark index closed down 3%, largest fall in a year. Banks led the advance. >>

India Movers: Cairn India, HDFC, HCL, ING Vysya, SAIL, TBZ
Mar 22, 2013 8:36 AM ET
Cairn India began sale of natural gas in Gujarat. HDFC plans to raise $92 million through a bond offering. HCL launch ME tablet in Turkey. ING Vysya becomes 100% subsidiary of Exide. SAIL secondary issue 98% subscribed. >>

ECB Sets Deadline for Cyprus, Weak Read on German Manufacturing
Mar 21, 2013 3:28 PM ET
European markets declined for the third day in a row as the latest read on manufacturing in the region was weaker than expected. The euro eased against the dollar after the European Central Bank set a firm deadline for the acceptance of bailout for Cyprus. >>

U.S. Home Sales at 3-Year High, Stocks Fall on Cyprus Worries
Mar 21, 2013 11:25 AM ET
Market indexes on Wall Street declined after a positive report on the housing market failed to overshadow growing uncertainties in the euro zone. Existing home sales and median home sale price increased in February. >>

U.S. Movers: Guess, Jabil Circuit, KB Home, Lululemon, Oracle, Cato
Mar 21, 2013 11:03 AM ET
Guess Inc said fourth quarter net plunged 11%. Jabil Circuit second quarter net dropped 9%. KB Home loss narrowed as revenue jumped 59%. Lululemon fourth quarter net climbed 49% and Oracle third quarter net was lower than expected. >>

Europe Movers: Brenntag, Havas, Lanxess, Rieter
Mar 21, 2013 10:23 AM ET
Brenntag reported annual net soared 21% to 336 million. Havas net income for the year climbed 135.4 million as revenue soared 8% to 1.78 billion. Lanxess net income for the year rose 2% to 514 million and Rieter profit for the year plunged. >>

Eighth Monthly Trade Deficit in Japan, Kuroda Faces Skeptics
Mar 21, 2013 10:14 AM ET
Stocks in Tokyo closed higher and Governor of Bank of Japan faced criticism of 2% inflation target at his first press conference. Japan recorded its eighth monthly trade deficit and the yen declined 0.6%. >>

Australian Political Uncertainty Saps Market Confidence
Mar 21, 2013 9:34 AM ET
Australian political uncertainty sapped market confidence and index managed to trim losses after Prime Minister Julia Gillard settled leadership challenge. Billabong plunged on speculation that the company may not receive firm takeover offers. >>

India Movers: Adani Power, Airtel, Bajaj Finance, IOB, L&T, MTNL
Mar 21, 2013 8:59 AM ET
Adani Power plans to issue shares to promoters on preferential basis. Indian Overseas Bank approved additional stake sales to central government. L&T won new orders valued Rs 2,080 crore. >>

Cyprus and Creditors at Odds as Europe Seeks to Contain Damage
Mar 20, 2013 3:55 PM ET
Cyprus Parliament struck down the proposal to tax depositors and international creditors looked for alternatives to stem the growing debt crisis. Cyprus ministers looked to Russia for emergency help and European regulators debated the fate of bailout as the banking system in Cyprus remains closed. >>



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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