Sep 02, 2010 11:29 AM ET
The apparel distributor total net revenue increased 10.5% to $577.1 million in the quarter. Net quarterly earnings rose 12% to $66.8 million. Earnings per share grew to 72 cents compared to 64 cents per share in the prior-year quarter.
Sep 02, 2010 10:28 AM ET
The European indexes fell after the ECB left key rate unchanged at 1%. Euro-zone GDP expanded 1% in the second quarter and wholesale inflation rose 0.2% in July. French unemployment rate declined 9.3% in the second quarter. Sweden raised interest rates to 0.75%.
Sep 02, 2010 10:01 AM ET
U.S. stocks trade sideways after weekly jobless claim fell 6,000 to 472,000 and productivity declined 1.8% in the June quarter. India demanded Google, Skype, and RIM set up local servers. Orexigen and Takeda in $50 million deal to develop and commercialize obesity drug.
Sep 02, 2010 8:26 AM ET
Stocks in Mumbai trading closed higher after international markets surged. The Sensex closed up 0.2%. Gold traded up but demand dwindled on record high prices. Bajaj Auto Ltd reported record monthly sales in August.
Sep 01, 2010 4:00 PM ET
World stocks rallied after the surprise increase in U.S. manufacturing index and China manufacturing edged up and Australia’s economy expanded. Euro-zone manufacturing dropped 6-month low. U.S. auto sales dropped sharply in August from a year ago.
Sep 01, 2010 1:25 PM ET
U.S. stocks surged after manufacturing index showed a surprise growth and small but still an expansion in China. Commodities linked Australian economy registered 1.2% growth. Investors are awaiting monthly jobless data and rate report on Friday.
Sep 01, 2010 12:34 PM ET
Brown Forman Corp dropped 6% after the maker of spirits and vodka reported lower than expected earnings. G-III Apparel Group Ltd reported higher than expected earnings. Netflix Inc soared 5%. Burger King Holdings Inc soared 10%.
Sep 01, 2010 11:31 AM ET
The UK indexes traded higher after positive global economic data. The UK manufacturing growth plunged to nine-month low in August. Irish live register of total unemployment rose for the sixth month in a row to August, manufacturing slackened in August and retail sales fell in July.
Sep 01, 2010 10:00 AM ET
European stocks rose after euro-zone manufacturing fell to six-month low in August. German retail sales drop in July and manufacturing growth declined in August. Greek manufacturing slid in August. French manufacturing index surged.
Sep 01, 2010 9:35 AM ET
U.S. stocks gain after private sector employment fell 10,000 in August and mortgage applications rose for a fifth week in a row. 3M proposed to acquire Attenti for $230 million. BP agreed to sell Malaysian operations to Petronas for $363 million.