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Global Market Update

European Markets Trade Sideways as Volatile Oil Closes Up
May 09, 2016 4:36 PM ET
European markets closed mixed on Monday, tracking the movement in volatile oil prices and reflecting the weak international data from China. Alstria Office REIT said funds from operations grew 24.5% in the first-quarter of 2016. ITE Groupís founder Mark Shashoua is returning to the company as CEO. >>

Krispy Goes Private, Charter Wins Regulatory Approval Time Warner Cable
May 09, 2016 12:15 PM ET
Charter Communications won final clearance to acquire Time Warner Cable. Krispy Kreme agreed to be taken private by Germany-based JAB. Freeport agreed to sell stake in TF Holdings to China-based Molybdenum. Drew net jumped 79%. HCP plans to spin off its HCR ManorCare portfolio. >>

Cognizant, Mohawk Net Jump; ArcelorMittal Net Loss Narrows
May 06, 2016 11:40 AM ET
Alleghany net and revenues surged. ArcelorMittal net loss narrowed. Cigna net loss fell 3% but revenues jumped 6%. Cognizant Tech net soared 15%. Consolidated Edison net declined 16% on 13% fall in revenues. Exelon profit tumbled 75%. Fiserv net soared 62%. Mohawk net soared. >>

Late Rebound In European Indexes After Mixed U.S. Employment Data
May 06, 2016 10:38 AM ET
European markets erased earlier losses in a late rebound after the U.S. employment data sent offered mixed outlook. ArcelorMittal said loss narrowed and the steelmaker kept its 2016 guidance unchanged. Banca Monte dei Paschi di Siena posted higher-than-expected net income. >>

European Markets Close Flat, Centrica to Raise £700M to Pay Debt
May 05, 2016 2:26 PM ET
European stock market indexes closed little changed after a choppy session. Concerns over Chinaís services sector offset a rally in oil prices and positive earnings reports from BT and Repsol. Centrica announced plans to raise £750 million to fund its acquisitions and cut debt. >>

Alibaba and Merck Net Surge, Kellogg Net Plunges
May 05, 2016 12:55 PM ET
Apache said net loss narrowed and lifted production forecast. Becton Dickinson profit and revenues surged. Alibaba net soared 85%. Church & Dwight revenues and profit rose. Kellogg net tumbled 23%. Merck net surged 19%. Occidental Petroleum net swung to profit. >>

Time Warner Profit Surges; Priceline, Western Union Decline
May 04, 2016 8:51 AM ET
Belden lifted revenues outlook. Humana net tumbled 46% and lowered earnings forecast. Noble Energy net loss widened after sales dropped. Priceline Group revenues and profit surged. Time Warner net soared 25%. Western Union profit slumped. >>

BHP Faces $44 B Legal Claim in Brazil, Air France and Soc Gen Fall on Earnings
May 04, 2016 4:53 PM ET
European stocks extended losses on Wednesday as mining stocks fell on weak copper prices. Brazil sued BHP Billiton for $44.5 billion. Dialog Semiconductor reported sharply lower operating profit. U.K. supermarkets feel the pressure of German discount retailers. >>

European Markets Drop After HSBC, UBS and Commerzbank Disappoint
May 03, 2016 1:16 PM ET
European stocks declined on Tuesday after banks reported weaker-than-expected earnings while mining companies retreated on lower metal prices. Commerzbank said net dropped 52%. UBS said first-quarter profit sharply fell due to weakness in wealth management. HSBC posted a decline in profits. >>

Halliburton Terminates Baker Merger Plan, Loews Net Falls
May 02, 2016 12:49 PM ET
Halliburton terminated $28 billion merger agreement with Baker Hughes. Alexander''s net soared 24%. Enbridge Energy and Helmerich & Payne revenues and profit tumbled. Loews net fell 6%. Mercury General net declined 11%. SYSCO net surged 23%. White Mountains net plummeted. >>

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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