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Global Market Update

Rates on Hold in Europe, Munich Re to Cut 1,800 Jobs
Jun 02, 2016 12:47 PM ET
ECB held interest rates and lowered growth outlook. Cobham wins a contract from Airbus. Johnson Matthey net declined 24%. Ryanair traffic in May surged 12% and the discount airline cut baggage fees by 50%. Munich Re plans to lay off 1,800 employees. Voestalpine forecasted stable steel prices. >>

J&J Bids $3.3 B for Hair Care Products Maker Vogue, Ciena Net Falls
Jun 02, 2016 12:48 PM ET
J&J consumer unit plans to acquire privately held hair care products maker Vogue International for about $3.3 billion. Ciena net tumbled 32%. CorVel net fell 16%. Conn''''''''s and Joy Global net swung to a loss. Donaldson profit jumped 15%. Mesa Labs net soared 78%. >>

Ford, GM Sales in May Decline; Michael Kors Net Falls 3%
Jun 01, 2016 10:54 AM ET
Fiat Chrysler U.S. sales in May rose 1%, Ford sales slumped 6% and GM sales declined 18%. Cracker Barrel net soared 39%. Daktronics net swung to a loss. G-III Apparel profit plunged 59% and reiterated sales outlook. Michael Kors net fell 3%. Vera Bradley net swung to profit. >>

OECD Lowers Global Outlook, Ahold Profit Surges 13%
Jun 01, 2016 11:24 AM ET
Market indexes across the euro zone declined tracking weak world markets in Asia and in the U.S. OECD lowered global growth outlook. Halfords profit dropped 4%. Ahold net surged 13% to 241 million. Wolseley revenues soared 11% to 3.7 billion and trading profit surged 18%. >>



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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