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Global Market Update

Glaxo India Net Rises 8.5%; Trident Net Plunges 27%
Aug 07, 2014 8:48 AM ET
Balrampur Chini net loss narrowed. Glaxo net and revenue climbed above 8%. Gati net soared 72% but the company plans to cut debt and exit from loss making freight shipping business. MM Forgings net climbed. Sundram Fasteners net soared. Trident profit declined 27%. >>

Fox Withdraws Time Bid; Walgreen in Inversion-Free Deal
Aug 06, 2014 2:06 PM ET
OL net fell 1% but revenue climbed. Cerner acquired health information technology business from Siemens for $1.3 billion. Cognizant net surged 24% on sales growth in the U.S. Chesapeake net tumbled 68%. Time Warner net soared 10%. Walgreen reversed its plan for inversion and stay in the U.S. >>

5-day Decline in Japan Indexes, Asahi Group Net Surges 25%
Aug 06, 2014 12:10 PM ET
Stocks in Tokyo closed lower for the fifth day in a row and the yen traded above 102 level against the U.S. dollar. Asahi Group said quarterly net surged 25%. The largest trading company Mitsui & Co Ltd reported a slight decline in earnings on weak petroleum and commodities sales. >>

Australian Indexes Extend Losses
Aug 06, 2014 11:57 AM ET
Australian stocks closed lower and investors focused on the international commodities prices. The Aussie dollar traded above 93 U.S. cents and gold and oil traded lower in Sydney. >>

Siemens to Sell Unit to Cerner; Mixed Results from Hannover RE, ING
Aug 06, 2014 11:27 AM ET
Ageas net plunged 93% to 31 million and sell Ageas Protect to American International Group for 228 million. Hannover net climbed 5% to 444 million. ING Groep net surged 20% to 1.07 billion. Siemens plans to sell its hospital IT business to Cerner for $1.3 billion. >>

Hero Motocorp Net Climbs; Adani Power Net Loss Narrows
Aug 06, 2014 10:59 AM ET
Adani Power net loss narrowed but revenues fell 9%. Adani Ports profit climbed 36%. Apollo Tyres net soared 37%. Bata net dropped but sales soared 9%. Hero Motocorp net increased 3% and revenues soared 14%. IDBI Bank struggled with loan losses. >>

Stocks Slide on Wall Street, Gannett to Spin Off Publishing
Aug 05, 2014 2:00 PM ET
Stocks on Wall Street drifted lower after mixed earnings report. A private measure of service sector in the U.S. showed larger than expected expansions and a government measure on factory orders increased 1.1% in June. Gannett is planning to spin off USA Today and print business. >>

Archer Daniels Net Beats Expectations, Coach Offers Upbeat Outlook
Aug 05, 2014 1:01 PM ET
Archer Daniels second-quarter net surged more than doubled. CVS Caremark second-quarter net jumped 12% to $1.3 billion. Coach fourth-quarter net plunged 66% to $75 million. HCP second-quarter net rose 3%. Marathon Oil second-quarter net surged 27% to $540 million. >>

3-day Decline in Japan Stocks, Toyota Struggle with Sales Growth
Aug 05, 2014 12:22 PM ET
Market indexes in Japan declined for the fourth day in a row as investors reacted to domestic earnings and higher yen. Toyota Motor reported 2.2% increase in first-quarter revenues. Isuzu Motors said profits were ahead of expectations. Marubeni Corp sales in first-half increased 18%. >>

Australian Rate on Hold at Historic Low of 2.5%
Aug 05, 2014 12:03 PM ET
Reserve Bank of Australia left its key lending rate at historic low of 2.5% for the 12th month in a row. Market indexes closed lower for the third consecutive day. Cochlear soared 10% after sales in the first-half rebounded. >>

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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