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POLICY

G7 Nations Condemn Russia For Recognizing Georgia Break-Aways
The G7 group of industrialized nations Wednesday issued a statement condemning Russia for recognizing as independent countries two breakaway provinces in Georgia. In...
Second US naval ship with humanitarian aid docks in Georgia
The U.S. Coast Guard cutter Dallas, carrying 34 tons of humanitarian aid, arrived in the Black Sea port of Batumi, south of the zone of the fighting between...
DoJ Grants To Assist Prisoner Transition To Freedom
The Department of Justice is handing out more than $10 million in grants to help states set up programs to assist prisoners in transitioning to freedom. The...

POLITICS

Russia Criticizes NATO, U.S.
Russia has accused the United States and North Atlantic Treaty Organization (NATO) of rearming Georgia and ratcheting up tensions by sending its warships ....
Senate Majority Leader Reid Says Obama Has Answer To Energy Concerns
Sen Harry Reid, D-Nev., the senate majority leader called on the country to end its "addiction to oil" as a matter of national security at the Democratic ....
Albright Attacks McCain Over Foreign Policy Issues
Former Secretary of State Madeline Albright lit into presumptive Republican presidential nominee John McCain from the podium of the Democratic National ....

ECONOMICS

Slovakia's consumer, industry confidence declines in August
Slovakia's consumer confidence indicator declined in August from July, a report by the Statistical office said Thursday. Besides, the confidence in the industrial...
Spanish HICP Inflation Slows In August
Thursday, a flash estimate from the National Institute of Statistics or INE announced that the Spanish Harmonized Index for Consumer Prices or HICP inflation is...
UK Retailers Report Sharp Decline in Sales - CBI Distributive Trades Survey
UK's balance of retailers reporting decline in sales volume in the first half of August stood at minus 46%, the weakest since the survey began in 1983, the Distributive...

 

REPORTS

Stocks Looking For Direction Thursday Morning Ahead of Q2 GDP, Jobless Claims Data
US stocks were poised for a lackluster open Thursday morning in New York ahead of jobless claims numbers and a preliminary reading on second quarter GDP. As of 6 am ET, the S&P Futures were down a point, the Nasdaq Futures...
Australian Dollar Strengthens To 3-day Highs Against Most Majors
Thursday in Asia, the Australian dollar jumped to 3-day highs against its most major counterparts after a report showed that Australia's business investment increased more than expected in the second quarter of 2008. The aussie...
Oil Gains For Third Straight Session
Crude oil gained for a third straight session on Wednesday as Tropical Storm Gustav continued its trek towards the Gulf of Mexico. Light sweet crude for October ended at $118.15, up $1.88 on the session. Prices reached as high...



TOP STORIES

Sears Holdings Q2 Profit Falls

Thursday, broadline retailer Sears Holdings Corp reported a 62.4% fall in profit for the second quarter, due to lower sales and comparable store sales on increasing competition and slowing economy. Looking ahead, the company expects flat to modest comparable store sales decline for the rest of the year,...

Stocks Looking For Direction Thursday Morning Ahead of Q2 GDP, Jobless Claims Data
US stocks were poised for a lackluster open Thursday morning in New York ahead of jobless claims numbers and a preliminary reading on second quarter GDP. As of 6 am ET, the S&P Futures...
Asian markets close mixed; Hang Seng falls 2.3%
The stock markets across the Asia-Pacific region closed mixed on Thursday in seesaw trading after Wall Street finished firm overnight on a rebound in financial stocks and better-than-expected...

BREAKING NEWS

Chunghwa Telecom Q2 profit rises - Update
8/28/2008 5:39:49 AM Thursday, Chunghwa Telecom Co. Ltd. (CHT) reported a slight increase in its second-quarter net income, helped by decreased expenses. Chunghwa's second-quarter net income rose 0.1% to NT$12.5 billion from ....
Ahold reports sharply lower Q2 profit - Update
8/28/2008 3:14:36 AM The Netherlands-based Supermarket operator Koninklijke Ahold N.V. (AHODF.PK, AHONY.PK) Thursday reported a sharp decline in its profit for the second quarter compared to last year, which was benefited by ....
Aladdin Knowledge Rejects Vector Capital's Unsolicited Proposal - Update
8/28/2008 1:34:15 AM Wednesday, security solutions provider Aladdin Knowledge Systems Ltd. (ALDN) said it rejected an unsolicited proposal from affiliates of Vector Capital to purchase all of the outstanding ordinary shares of the ....
ArcelorMittal USW union members grant strike authorization - Update
8/28/2008 12:33:52 AM Wednesday, the world's largest steel maker ArcelorMittal (MT)'s over 14 thousand U.S. employees, representing the United Steelworkers, granted an authorization to call a strike against the company, should that ....
Portola Packaging files for pre-packaged Chapter 11 reorganization - Update
8/28/2008 12:31:11 AM Portola Packaging Inc., a manufacturer of tamper-evident closures, plastic containers and related products, said late Wednesday that it has filed a voluntary Chapter 11 petition to reorganize in the United ....

QUICK FACTS

DSW Q2 Profit Rises; Reiterates FY09 Guidance - Quick Facts
8/28/2008 7:43:08 AM DSW Inc. (DSW) reported second-quarter net income of $11 million or $0.25 per share, compared to $6.5 million or $0.15 per share in the same quarter last year. On average, seven analysts polled by First...
New Century signs deal to buy Wilhelmina for $30 mln cash, shares - Quick Facts
8/28/2008 7:39:07 AM New Century (NCEH.OB) on Thursday revealed a definitive agreement with Wilhelmina International, Ltd. and its affiliated companies, including Wilhelmina Models, Wilhelmina Miami, Wilhelmina Film & TV and...
Fleetwood Enterprises posts wider loss in Q1 - Quick Facts
8/28/2008 7:38:16 AM Fleetwood Enterprises Inc. (FLE) reported its first quarter loss from continuing operations of $27.8 million or $0.41 per share, compared to a loss of $2.3 million or $0.04 per share in the same quarter...
Kirkland's Q2 Loss Narrows - Quick Facts
8/28/2008 7:33:23 AM Kirkland's Inc. (KIRK) reported a second-quarter net loss of $1.7 million or $0.09 per share, compared to a net loss of $9.2 million or $0.47 per share in the year ago quarter. On average, two analysts...
LaBarge Q4 Profit Surges - Quick Facts
8/28/2008 7:31:14 AM LaBarge, Inc. (LB) announced a 58% increase in fourth quarter net income to $4.577 million or $0.28 per share, compared to $2.892 million or $0.18 per share last year. Net sales grew 20% to $77.801...


MORNING BRIEF

Strong Durable Goods Orders Could Quell Anxiety Over Oil’s Rally
The major U.S. index futures are pointing to a higher opening on Wednesday. A sharp jump in durable goods order growth should encourage market participants and trigger some buying interest. However, a rise in the price of oil ahead of the weekly oil inventory report and amid the approach of hurricane... ... (complete analysis)

U.S

Stocks Looking For Direction Thursday Morning Ahead of Q2 GDP, Jobless Claims Data
US stocks were poised for a lackluster open Thursday morning in New York ahead of jobless claims numbers and a ....
Look For Small Changes in GDP: Lehman Brothers
Data released since the advance (first) estimate of Q2 GDP has implied stronger growth in the quarter. We look for ....
Q2 GDP likely revised up, UBS Expects
Q2 growth will probably be revised up sharply — to about a 2.9 percent annual rate from the already respectable 1.9 ....

CANADA

Bay Street Stocks Rise Sharply, Led By Financials -- Canadian Commentary
8/27/2008 4:22:16 PM Toronto's main index rose sharply on Wednesday, supported by surprising strength among the financials and another solid day for rebounding energy shares. The S&P/TSX Composite Index jumped 231.58 points to 13,530.65, with gauges of most sectors finished the session in the green. Canadian stocks have... ...
TSX Extends Early Gains, Led By CIBC and Energy Stocks -- Canadian Commentary
8/27/2008 3:23:44 PM Canadian stocks surged higher in early dealing and have continued to push further into positive territory amid widespread strength on Bay Street Wednesday. The S&P/TSX Composite Index is up 254 points at 13,546.22, led by resurgent financial stocks. Banks are seeing sharp gains after CIBC (CM.TO)... ...
TSX up 180 points as crude hits $119 ahead of inventories report -- Canadian Commentary
8/27/2008 10:22:08 AM Canadian stocks spiked higher in early dealing as traders found something to like in CIBC's quarterly results and as the price of oil surged higher on concerns about Hurricane Gustav. The S&P/TSX Composite Index is up 182 points at 13,483.09, led by energy and mining stocks. Energy stocks are up... ...

EUROPE

European Markets May Open Higher; U.S. GDP Report Eyed
The European markets are likely to show some strength in early trading on Thursday, as Wall Street finished higher ....
European markets rise on U.S. data, strong commodities - European commentary
The European markets rose for the second day on Wednesday after a report showed that orders for U.S. durable goods ....

ASIA-PACIFIC

Asian markets close mixed; Hang Seng falls 2.3%
The stock markets across the Asia-Pacific region closed mixed on Thursday in seesaw trading after Wall Street ....
Chinese market closes slightly higher, led by financials
Chinese market closed higher Thursday, led by financial stocks, ending a two-day losing streak. Property stocks ....


JumpTV to provide web platform for Western Kentucky University College sports content - Quick Facts
8/28/2008 6:18:23 AM JumpTV, Inc. (JTV.TO) revealed its partnership with Western Kentucky University. As part of the agreement, JumpTV ....
Norsat reaches strategic partnership with Navisystem Marine Electronics - Quick Facts
8/28/2008 6:11:24 AM Norsat International Inc. (NII.TO) announced that it entered into a strategic partnership with Italy-based ....
Australian Dollar Strengthens To 3-day Highs Against Most Majors
8/28/2008 2:20:52 AM Thursday in Asia, the Australian dollar jumped to 3-day highs against its most major counterparts after a report ....

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