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Global Market Update

Timken Completes Seprates Steel Business, Acuity Brands Declines
Jul 01, 2014 1:10 PM ET
Agenus surged after positive result of cancer vaccine for brain tumor patients. Acuity Brands net soared 38% on 12% increase in revenue. Park Electrochemical net surged 67%. Timken completed its spin-off of its steel business. >>

Europe Movers: Bilfinger, Fresenius, Hangar 8, St. Modwen Properties
Jul 01, 2014 10:26 AM ET
Bilfinger plunged after weak forecast. Fresenius sold its 5% stake in Rhön-Klinikum to Berenberg Bank. Hangar 8 lifted fiscal outlook. St. Modwen Properties profit soared 32% to £45 million and revenue surged 73% to £110 million. >>

S&P 500 Index at a New High on Auto Sales, Construction and China Data
Jul 01, 2014 12:05 PM ET
Stocks on Wall Street gained after auto sales were ahead of expectations and China reported a slight expansion in manufacturing. U.S. construction spending edged up in May but at a slower pace than in April. Chrysler, GM and Nissan reported higher than expected sales in June. >>

Maruti Suzuki and M&M Vehicle Sales Rebound
Jul 01, 2014 11:03 AM ET
L&T won contract of Rs 2,442 crore from Bharat Sanchar Nigam. Maruti Suzuki June sales surged 33.5%. M&M tractor June sales climbed 8%. Punj Lloyd won a contract worth $200 million in Kuwait. Sterlite secured defense contracts worth Rs 2,500 crore from BSNL. >>

Japanese Companies Boost Capex Plans, Nikkei Advances 1.1%
Jul 01, 2014 10:46 AM ET
Stocks in Tokyo closed higher after Tankan survey showed rising inflation pressure and large companies revised higher capital spending plan by 7.4%. The yen weakened against the U.S. dollar. Takashimaya said June retail sales declined. >>

Australia Keeps Historic Low Rates, RBA Notes Housing Expansion
Jul 01, 2014 9:23 AM ET
Reserve Bank of Australia held rates at historic low of 2.5% for the eleventh month in a row and confirmed the strong housing industry expansion and low wage inflation. Capital cities home price index increased 1.4% in June. >>



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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