Aug 24, 2009 11:10 PM ET
The home improvement retailer sales for the second quarter were $19.1 billion, down 9.1% from last year with average ticket falling 9.3% to $52.25. Net income fell marginally to $1.1 billion and earnings per share were 66 cents compared to 71 cents in the year ago quarter.
Aug 24, 2009 7:28 PM ET
Tokyo stocks are expected to trade sideways after a sharp rally in stocks in resource linked stocks and exporters. More banks in Japan plan to raise capital. Sumitomo Mitsui Financial propose to raise $3.5 billion and Mizuho Financial prepares to raise nearly $750 million in preferred stocks.
Aug 24, 2009 6:33 PM ET
Australian stocks surged the most in Asian rally on a rise in commodities prices and a gain in crude oil futures. Fairfax Media reported full year loss. Interest rates arbitrageurs pushed Australian dollar higher.
Aug 24, 2009 5:54 PM ET
Early rally in stocks faded but the gains in commodities held at close in New York. SunTrust Banks chief cautioned investors and signaled higher commercial loan losses. Oil traded at a new intra-day high and European markets closed at a new high for the year.
Aug 24, 2009 4:51 PM ET
European market indexes closed higher for the third day in a row to a new 11-month high. Euro zone industrial order increased 3.1% in June from the previous month but dropped 25.1% from a year ago. Steelmakers, banks and resource stocks closed higher in the region.
Aug 24, 2009 4:11 PM ET
UK stocks edged higher for the fifth day in a row on a rally in commodities and crude oil. Resource stocks jumped for the third day in a row. Amlin Plc first half profit increased 29%. Bovis Homes Group first half profit plunged. Bunzl Plc closed up latest results.
Aug 24, 2009 2:51 PM ET
Stocks in New York traded higher as resource linked stocks edged up. Higher oil and base metal prices lifted stocks in the sector. Harman International fell on media speculation. The Good Year Tire & Rubber led the decliners in S&P 500 index and Advanced Micro Devices led the gainers.
Aug 24, 2009 12:14 PM ET
Stocks in the morning trading edged higher after sharp gains in Asia and a rise in European markets. Commodities edged higher with crude oil reaching another intra-day high for the year. Agriculture commodities trade up.
Aug 24, 2009 11:37 AM ET
The online diamonds and jewelry retailer net quarterly sales dipped 5.2% to $69.9 million. Net quarterly income declined 12.5% to $2.8 million. Earnings per share fell to 19 cents from 20 cents a year-ago quarter. The company estimates sales between $288 million and $295 million in fiscal 2009.
Aug 24, 2009 10:02 AM ET
Stocks in Mumbai rallied on the rise in commodities prices and optimistic view on the world economic recovery. Asian markets surged sharply with a rally in Japan and China. Fortis Healthcare acquired 10 hospitals from Wockhardt Hospitals for $188 million.