Investor disappointment over the latest results from Sears, which the US retailer acknowledged as �unacceptable�, wiped almost 8 per cent from the value of the company.
Americans resold their homes in July at the fastest pace in almost a year, a sign the housing market was gaining steam again after a year-long slump.
Family Dollar rejected Dollar General Corp's acquisition offer, citing antitrust concerns, and reaffirmed its support for a buyout offer from Dollar Tree.
NEW YORK (MarketWatch) - U.S. stocks advanced Thursday, as the S&P 500 worked for a fourth straight day of gains and set an intraday record.
(Repeats to fix USN). * U.S. factory activity expansion speeds up. * Business activity growth slows in China and Europe. By Jonathan Cable, Xiaoyi Shao and Ryan Vlastelica.