Canadian Solar jumps as 1Q earnings top Street Shares of Canadian Solar Inc. surged in premarket trading Tuesday after solar cell maker swung to a profit in the first-quarter on a big increase in its European business. 13 May 2008
682.
Staples sweetens hostile bid for Corporate Express Corporate Express says it's willing to speak with Staples after the U.S. office supplies retailer strenthened its hostile bid. Staples Inc. boosted its offering price another 10 percent after its initial bid was rejected three months ago by Netherlands-based Corporate Express NV. 13 May 2008
683.
G&K Services expands share repurchase program G&K Services Inc., which makes and rents workplace uniforms, said Tuesday its board of directors expanded its existing share repurchase program to $175 million from $100 million previously. 13 May 2008
684.
Ahead of the Bell: Analysts raise targets on Fluor Shares of Fluor Corp. jumped in premarket trading Tuesday after the contractor and engineering company said its first-quarter profit rose 63 percent to beat Wall Street estimates. 13 May 2008
685.
Genesee & Wyoming traffic rises 2 percent in April Regional freight railroad operator Genesee & Wyoming Inc. said Tuesday traffic rose 2 percent in April, mostly due to higher coal volume in Illinois. Genesee & Wyoming total traffic rose to 67,082 carloads from 65,559 carloads a year earlier. 13 May 2008
686.
RSC Holdings buys American Equipment Rentals Heavy equipment rental company RSC Holdings Inc. said Tuesday it plans to buy the operations and certain operating assets of privately held American Equipment Rentals for an undisclosed amount. 13 May 2008
687.
Hoku Scientific extends term of supply contract Hoku Materials Inc., a subsidiary of Hoku Scientific Inc., said Tuesday it extended the term of its polysilicon supply contract with China-based Solarfun Power Hong Kong Ltd. to 10 years. 13 May 2008
688.
Finmeccanica buys DRS for $4B in defense deal Italian aerospace and defense company Finmeccanica will buy U.S. military contractor DRS Technologies Inc. for $4 billion, the companies announced Tuesday, in deal that will give it a prominent position in the U.S. defense market. 13 May 2008
689.
Tyco Electronics to sell unit to Cobham for $425M Tyco Electronics Ltd. said Tuesday it will sell its radio frequency components and subsystem division to Cobham Defense Electronic Systems for $425 million in cash. 13 May 2008
690.
On the Watch: Fluor posts higher 1Q profit Shares of Fluor Corp. could trade higher Tuesday after the engineering and construction contractor said its first-quarter profit blew past Wall Street estimates. 13 May 2008
0.31%QQQQ 43.45 
0.48%XLF 21.74 
