After a tumultuous day of trading, the DJIA and S&P 500 actually rebounded and finished with modest gains while the Nasdaq closed with small losses for the session.
Economic Reports:
Limited Brands Inc. reports 2nd-qtr profits of $0.30/share, down more than 50% from $0.67/share in the same qtr last year - Full story.
The Buckle, Inc. reports 2nd-qtr net income of $0.72/diluted share, up from $0.38/share in the year ago period - Full story.
The Children's Place Retail Stores, Inc. reports 2nd-qtr earnings of $0.09/share, up from a loss of $0.68/share in the same period last year - Full story.
H.J. Heinz Co. reports fiscal 1st-qtr earnings of $0.72/share, up from $0.63/share in the prior year period - Full story.
Burger King Holdings Inc. reports fiscal 4th-qtr earnings of $0.37/share, up from $0.26/share in the year ago qtr - Full story.
Qantas Airways Ltd. reports a year-end profit of $847 million, up from $588 million the previous year - Full story.
Shares of Fannie Mae and Freddie Mac continue their downward spiral, as investors fear that time is running out for the mortgage lenders - Full story.
Major overseas markets have posted lower results for Thursday. London's FTSE was down 0.03%, Frankfurt's DAX closed down 1.28%, and Paris' CAC finished down 1.40%. Japan's Nikkei was down 0.77%, Hong Kong's Hang Seng closed down 2.58%, and
Sydney's All Ordinaries Index finished down 0.96%.
Economic Calendar:
Fri: No Reports Today.
Aaron Jacobs - News Editor
aaron.jacobs@mworld.com
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| | Market Close (08/21/2008) | | Trading Volume(mil): | | NYSE: 912 | | NASDAQ: 1558 |
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| | Key Indicators | | | World Markets: | | Amsterdam EOE | 400.2 | -2.4 | Thu 12:07 | | Brazil Bovespa | 55,934.7 | +557.6 | Thu 16:13 | | Frankfurt DAX | 6,237.0 | -80.8 | Thu 11:44 | | FTSE™ 100 | 5,370.2 | -1.6 | Thu 11:35 | | Hang Seng | 20,392.1 | -539.2 | Thu 04:28 | | Madrid General | 1,206.2 | -17.7 | Thu 11:31 | | Mexican IPC | 26,687.7 | -177.3 | Thu 11:41 | | Milan Stock Exchange | 21,427.0 | -232.0 | Thu 11:40 | | Nikkei Dow | 12,752.2 | -99.5 | Thu 02:27 | | Paris CAC 40 | 4,304.6 | -61.3 | Thu 12:10 | | Seoul Composite | 1,512.6 | -28.1 | Thu 03:21 | | Shanghai Composite | 2,431.7 | -91.6 | Thu 03:00 | | Stockholm General | 270.6 | -1.6 | Thu 11:46 | | Straits Times | 2,713.5 | -38.3 | Thu 05:10 | | Swiss Zurich | 7,000.5 | -99.5 | Thu 11:31 | | Sydney All Ord | 4,949.6 | -47.9 | Thu 10:27 | | Toronto Exchg | 13,539.0 | +189.0 | Thu 17:05 |
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