Aug 28, 2014 12:51 PM ET
Abercrombie & Fitch net rose 1%. Dollar General net grew 2%. Guess net tumbled 45%. Pall Corp net surged 40% on 12% increase of revenue and lifted its fiscal outlook. Williams-Sonoma net jumped 5% but offered cautious outlook.
Aug 28, 2014 12:40 PM ET
U.S. Gross Domestic Product, the broadest measure of goods and services generated in the economy, increased at a seasonally adjusted annual rate at 4.2%, the Commerce Department reported today.
Aug 28, 2014 12:24 PM ET
Rising tensions between Russia and Ukraine dragged market sentiment across Atlantic. U.S. indexes have advanced in 11 of the past 14 trading days. However, investors have stayed on sidelines in recent days.
Aug 28, 2014 10:35 AM ET
Bouygues net more than doubled to €410 million. CSR surged 37% and the company rejected an offer from the U.S.-based Microchip Technology. Hunting Plc, an oil explorer said profit declined 6% but revenue jumped 5%. Playtec net tumbled 82%. Xaar profit plummeted 33%.
Aug 28, 2014 12:14 PM ET
Stocks in Japan declined and extended weekly losses. Narendra Modi, Prime Minister of India is scheduled to visit Japan with a delegation of eighteen billionaires. Toyota, Honda and Nissan report mix domestic sales but worldwide production rises.
Aug 28, 2014 9:24 AM ET
Stocks in Sydney declined and capital expenditure in the June quarter rose 1.1% but fell 4% from a year ago. The better than expected total capex masked the difficulty faced by the economy in transitioning from the mining led boom.
Aug 28, 2014 8:56 AM ET
Fedders Lloyd net plunged 64%. Indraprastha Gas acquired a stake in Maharashtra Natural Gas. Jindal Saw plans to acquire PSL North America for $100 million. Tata Motors challenge the Competition Commission of India.
Aug 27, 2014 12:19 PM ET
Analog Devices net rose 3%. Brown-Forman profit jumped 5%. Chico''s net tumbled 45%. Donaldson net was flat but sales climbed 6%. Heico net surged 15%. REX American net soared 278% but sales declined 14%. Tiffany net surged 16%.
Aug 27, 2014 12:11 PM ET
U.S. market indexes struggled and the S&P 500 index traded above 2,000 for the second day in a row. Congressional Budget Office raised its estimate of federal budget deficit to $506 billion, largely on lower than expected corporate tax revenues.
Aug 27, 2014 11:52 AM ET
The Congressional Budget Office on Wednesday said federal budget deficit will smaller than previous estimate over the next decade, as the low interest rates trim government’s cost of borrowing.