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Market Update

European Markets Turn Higher on Corporate Deals and Restructuring

Nigel Thomas
11 Nov, 2015
New York City

European markets traded higher on Wednesday as breweries lift the spirits of the markets. Carlsberg announces restructuring and Anheuser-Busch InBev completes the purchase of SABMiller. Germany based Henkel earnings were ahead of expectations and lifted outlook.

World Markets Trade Lower, U.S. Inflation in Check and Commodities Fall

Nichole Harper
10 Nov, 2015
New York City

World markets were under pressure and commodities declined after China reported another month of record trade surplus and imports declined. Copper and oil continued to swoon lower. European markets declined on the growing anxieties in Portugal and the OECD lowered its 2015 global growth estimate.

Aecom, Astronics, D.R. Horton GE Rise; Rockwell, Sunedison Plunge

Mukesh Buch
10 Nov, 2015
New York City

GE won a contract worth $2.6 billion from the Indian railways. Aecom net tumbled 98%. Astronics profit soared 45%. D.R. Horton net surged 44% on 28% increase in revenues. Rockwell net plunged 19% after revenues declined 10%. Sunedison net loss widened.

Sensex in India Dropped 1.5%; Pfizer, Hindalco, NHPC Net Soar

Sarla Buch
10 Nov, 2015
New York City

Pfizer, the Indian unit of the drug maker said quarterly profit surged more than expected. The central government plans to sell 5% stake in Container Corporation of India. Hindalco net surged 31%. Hindustan Petroleum net swung to loss. NHPC net and revenues soared.

Australian Mining Stocks Dive on China Worries, Asciano Receives Higher Offer

Marcus Jacob
10 Nov, 2015
New York City

Australian market opened lower after banks and mining stocks dropped. The total number of home loans jumped while investment lending in the month plunged. Qube Holdings offered to acquire Asciano for $9.25 billion.

Japan's Current Account Surplus Narrows, Torray in $1.3 B Deal with Boeing

Hiruki Nakamura
10 Nov, 2015
New York City

Nikkei average in Tokyo edged up after pharmaceuticals and precision instruments stocks increase and current account surplus in September narrowed and bank lending in October jumped. Toray Industries signed a long-term agreement worth about 1.3 trillion yen with the Boeing Co.

European Mining Stocks Take Another Hit on China Slowdown

Nigel Thomas
10 Nov, 2015
New York City

European markets continued to decline on Tuesday after commodity prices fell and the political turmoil in Portugal. Alstom and GE secured a $5.6 billion contract from Indian Railways. Netherlands sells 23% of the ABN AMRO bank. Vodafone net swung to a loss of

U.S. Rate Jitters Resurface After Four Weeks of Rally on Wall Street

Nichole Harper
09 Nov, 2015
New York City

S&P 500 and the Nasdaq indexes declined as much as 1.5% after investors began to digest rate increase possibilities at the end of policy meeting next week. U.S. market indexes are facing headwinds after a 12% surge and recovering from the 10% correction in summer, first in four years.

Nikkei Surges 1.9%, Toshiba Plunges 8%

Hiruki Nakamura
09 Nov, 2015
New York City

Nikkei average in Tokyo soared nearly 2% following the stronger-than-expected U.S. jobs report on Friday. Export sensitive stocks and trading companies led the gainers. Mitsui agreed to acquire 35% stake in Australia based Santos Limited. NTT Corp estimated fiscal year sales to increase 2.7%.

Australian Indexes Drop 1.9%, BHP at 7-Year Low

Marcus Jacob
09 Nov, 2015
New York City

Australian market indexes declined nearly 2% and resource sector led the losers. BHP dropped near a seven year low and Santos Ltd plans to raise as much as $3.5 billion in stock offering and asset sale to trim $9 billion of debt.

Dean Foods, WhiteWave Foods Jump; Priceline, Sotheby

Mukesh Buch
09 Nov, 2015
New York City

CIRCOR net swung to a loss after revenues plunged. Dish Network profit surged after revenue per pay-TV subscriber jumped. Dean Foods net swung to profit. L.B. Foster net swung to a loss. Priceline net and sales soared. Sotheby

India Movers: Britannia, Hindustan Copper Net Rise; ONGC Net Falls

Sarla Buch
09 Nov, 2015
New York City

Aurobindo said quarterly profit soared 21%. Britannia net declined 19%. ONGC net slipped 11%. Hindustan Copper net and revenues fell. Rural Electrification net rose 8%. Tata Power net swung to profit. Adani port plans to buy L&T

Gloomier Outlook Drags European Markets

Nigel Thomas
09 Nov, 2015
New York City

European burses declined today on a gloomier outlook for the global economy, political uncertainty in Portugal and disappointment over mergers. Continental

U.S. October Report Offer Support to Rate Hike in December

123jump.com Staff
06 Nov, 2015
New York City

Market indexes on Wall Street lacked direction and net new jobs added in October increased 271,000. The strong job addition in the month supported the case for a rate hike at the next Fed meeting in December.

NVIDIA Soars, Echostar, Insmed Fall; Disney Profit Jumps

Mukesh Buch
06 Nov, 2015
New York City

Cigna forecasted 9% increase in annual revenues. Consolidated Edison net fell 2%. Echostar net tumbled 53%. Humana profit jumped 8% but revenues declined 9%. NVIDIA net soared 42%. Walt Disney profit advanced 7% after revenues soared 9%.