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Global Market Update

Global Markets Jittery on Fresh Doubts of U.S. Economic Rebound
May 15, 2015 2:22 PM ET
Market indexes on Wall Street extended losses for the fourth day in a row after weak consumer sentiment and industrial production data. SEC said it is looking to hoax bid for Avon Products. Carl Icahn, activist investor has invested $100 million in cab hailing service Lyft Inc. >>

Applied Materials Jumps; Arista, Dillard's, Eagle Materials Decline
May 15, 2015 12:25 PM ET
Arista Networks net soared 99% on 53% jump in revenues. Applied Materials net climbed 39%. Dillard''s net dropped 2%. Eagle Materials net more than doubled. Nordstrom profit plunged 9%. Symantec net tumbled 19%. >>

British Land Net Surges, Vedanta Writes Down Oil Assets in India
May 15, 2015 11:31 AM ET
British Land net surged 54% to £1.7 billion. Circassia Pharma plans to acquire two separate companies for £239 million and rise £275 million through open offer. SABMiller agreed to acquire Meantime Brewing. Vedanta Resources net loss widened to $1.8 billion. >>

Nikkei Rebounds; Detsu Announces Buyback Plan, Sharp Plunges
May 15, 2015 11:20 AM ET
Nikkei average rebounded in Tokyo. Dentsu Inc and Marui Group joined other Japanese corporation in announcing share buyback plans and increasing dividend payout. Sharp Corp plunged after the company announced a restructuring plan that many felt did not go far enough. >>

Macquarie to Acquire Crown Castle Australia, ASX Extends Rally
May 15, 2015 9:16 AM ET
Australian market indexes increased 0.7% and extended weekly advance to 1.8%. Aussie dollar traded above 80 U.S. cents and prices of crude oil and gold closed higher in volatile trading. >>

3-Day Rebound in Rupee; GSFC, Infosys Profit Decline
May 15, 2015 9:17 AM ET
Dena Bank and Bank of Maharashtra reported rising loan losses and weak earnings as corporations struggle to lift earnings. Cadila net in the quarter soared 47%. GSFC net and revenues declined. Infosys net falls 5%. JK Tyre surged 136%. Jubilant Food climbed 26% on 25% increase in revenues. >>

U.S. Stocks Rally Nearing in Record Highs, Jobless Claims at 15-Year Low
May 14, 2015 12:19 PM ET
Market indexes on Wall Street advanced and broader indexes traded near record highs and yield on 10-year U.S. treasury bond edged down to 2.25%. Wholesale prices fell in April and weekly jobless claims hovered near 15-year lows. >>

Cisco Profit Soars; J C Penney, Jack in the Box, Kohl's Plunge
May 14, 2015 11:54 AM ET
Cisco net soared 12% on 5% increase in revenues. Children’s Place net jumped 15%. J C Penney net loss narrowed. Jack in the Box profit soared 46%. Kohl''s profit jumped 2%. Owens-Illinois agreed to acquire Mexico-based Vitro S.A.B. for $2.15 billion. Teekay net loss narrowed. >>

3i Group, Compass, Telefonica Net Climb; Bouygues Net Swings to Loss
May 14, 2015 10:55 AM ET
3i Group net climbed 35% to £700 million. Aegon net declined 19%. Bouygues net swung to a loss of €157 million. Compass profit jumped 4% to £466 million. Telefonica net soared 162% to €1.8 billion. >>

Rising Global Bond Yields Drag Nikkei, Konica Minolta Surges
May 14, 2015 9:59 AM ET
Rising bond market yields hovered stock market sentiment in Tokyo and 10-year Japanese government bond yield jumped to a two-month high of 0.47%. Railroad company stocks declined. Konica Minolta announced stock buyback and dividend hike. Toshiba plans to write down earnings in last three years. >>



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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