Aug 27, 2010 11:25 AM ET
3PAR surged more than 30% after Hewlett Packard lifted its bid to $30 a share. J Crew Group Inc declined after it lowered its annual earnings outlook. Tiffany & Company declined after it reported sales that missed analysts expectations.
Aug 27, 2010 10:19 AM ET
The European indexes gained and German import price inflation rose in July. Spanish retail sales fell in the month after VAT increase. Greek PPI slackened in July. ING Groep agreed to sell 50% stake of ING Summit to Canadian JV.
Aug 27, 2010 9:35 AM ET
U.S. stocks advance after GDP expanded a downwardly revised 1.6% in the second quarter. 3PAR accepted Dell’s increased offer of $27 a share. Boeing postponed delivery schedule of 787. Automakers in Japan reported surge in global production for July.
Aug 27, 2010 8:05 AM ET
The benchmark index in Mumbai dropped 1.3% in a volatile trading with the index declining 2.2% in the week, largest weekly drop this quarter. Coal India begins search for anchor investors. Ranbaxy settles patent issue with Roche Eximbank sanctions loan to Reliance Power for Sasan plant.
Aug 27, 2010 6:38 AM ET
Stocks in Australia rallied to gain modestly. Availability of residential rental property rises in Sydney to a 12-month high. Canadian Pension Board agrees to buy Intoll for A$ 3.44 billion. Newcrest Mining gets closer to acquiring Lihir Gold.
Aug 27, 2010 6:22 AM ET
The benchmark index in Japan dropped to a new intra-day low but managed to gain nearly 1% by close. For the week the index declined 2.1%. Core consumer price index fell for the seventeenth month in a row. Unemployment rate dropped in July. Toyota recalls extends to Corollas.
Aug 27, 2010 6:10 AM ET
Stocks in China moved sideways to close marginally higher. China’s fiscal revenue for the first half rose 25.7% to 5 trillion yen. PetroChina second quarter net increased less than expected 4%. China Unicom first half net plunged 62% on 3G roll out expenses.
Aug 26, 2010 4:05 PM ET
The broader indexes declined in five of the last six session and the economic worries remain top concern of retail investors. U.S. jobless claims declined in the last week but European indexes rebounded after better than expected earnings from Credit Agricole and L’Oreal.
Aug 26, 2010 5:47 AM ET
U.S. stocks struggled after jobless claims declined more than estimated but late monthly mortgages payment rose. Patterson Cos. Declined after it missed revenues estimates. Jo-Ann Stores Inc surged more than 13% after it lifted fiscal 2011 earnings estimate.
Aug 26, 2010 11:37 AM ET
The specialty retailer of automotive aftermarket parts reported quarterly sales increased 7.2% to $1.42 billion on comparable store sales gain of 5.8%. Net quarterly income rose 25.6% to $100.91 million. Earnings per share grew to $1.16 versus 83 cents per share in the same quarter last year.