At The Motley Fool, we know our readers like to be informed, so we've scouted out today's most relevant news items and brought them to you all on one page. We hope you find this midday edition informative and useful.
Home Depot raises hope
Home Depot
Analysts eager for a retail snapshot after the nation's downgrade paid close attention to Home Depot's results. But at the same time, rival Lowe's
Wal-Mart gains, but with flat sales
Retail giant Wal-Mart
Europe sinking into a deeper hole
Growth in European economies fell more than expected in the last three months, with the German economy dwindling down to a near-standstill. The numbers show that austerity programs may be curtailing the region's economic growth, which could make its debt crisis much more contagious. The European Union's gross domestic product rose by 0.2% for the second quarter, while Euro area growth fell by 0.8%.
Most worryingly, Germany's GDP fell to 0.1% compared to the previous quarter; the country has thus far driven much of Europe's economy. Experts worry that the region's bigger, better-credited countries may become weaker, making the whole zone more vulnerable to fiscal instability. Read more at The New York Times.
Research In Motion has an open door
After Google
RIM has been struggling to curb the amount of users moving toward Apple
So there you have it -- the top financial stories for this afternoon. If you're interested in getting all the news and commentary on these stocks, sign up to My Watchlist here -- it's free!
- Add Google to My Watchlist
- Add Home Depot to My Watchlist
- Add Wal-Mart My Watchlist
- Add Lowe's to My Watchlist
- Add Research In Motion to My Watchlist