The Dow Gains 58 Points, Nasdaq Adds 8
More News related to ALAB
- S&P Announces Changes to U.S. Index (ABAX for ALAB)
- The Dow Gains 58 Points, Nasdaq Adds 8
- Largest $ Movers of Note - StreetInsider.com - 09/06/2007
- StreetInsider.com Unusual 11 Mid-Day Movers 09/06/2007
- StreetInsider.com Pre-Open Movers 09/06
More News related to JCG
- Notable Analyst Rating Changes 10/30: OMX, TXN, RVSN, SXE, DISH Upgraded; MON< VMW, BYD, NDN Downgraded
- Pali Research Initiates Coverage J. Crew Group (JCG) with a Buy; Aspirational Brand with Accessible Price Points – Poised for Market Share Gains
- MKM Partners Initiates Coverage on J. Crew Group (JCG) with a Buy
- Brean Murray Downgrades J. Crew (JCG) to Hold
- Piper Jaffray Raises Target on J.Crew Group (JCG) from $39 to $50; Reiterates Overweight
More News related to RY
- Consumer confidence drops sharply on weak economic news, according to RBC Index
- Semi-Annual Changes to the NASDAQ OMX CRD Global Sustainability 50 Index
- Royal Bank of Canada (RY) Receives Approval For 20M Share Buyback
- John Taft of RBC Wealth Management named chair-elect of SIFMA
- StockPreacher.com Issues Trading Outlook for Allied Irish Banks plc
The Dow gained 57.88 points today to close at 13,363.35, the Nasdaq added 8.37 points to close at 2,614.32 and the S&P 500 gained 6.26 points to close at 1,478.55.
Volume was modest on the NYSE with 2.9 billion shares traded and 1.87 billion shares traded on the Nasdaq. Advancers topped Decliners on the NYSE 20:12, and 17:13 on the Nasdaq.
In individual stories, Alabama National BanCorporp (NASDAQ: ALAB) gained 45% after RBC Centura Banks, Inc., a wholly owned subsidiary of Royal Bank of Canada (NYSE: RY) acquire Alabama National BanCorporation for $80 per share.
J. Crew Group (NYSE: JCG) fell 8.75% after reporting Q2 EPS of $0.32, 3 cents better than estimates. Revenues came in at $304.7 million versus the consensus of $308.5 million. The Company\'s long-term annual financial targets include comparable store sales growth in the mid single-digit range, Direct sales growth in the high single-digits, net square footage expansion in the 7% to 9% range, and diluted EPS growth in excess of 20%.
Related Categories
Special ReportsStocks Mentioned
+0.00
-0.78Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
