Market news
26.08.2011, 13:27

Before the bell: S&P futures -9.50, Nasdaq futures -12.75

U.S. stock futures declined as the economy grew less than previously estimated in the second quarter and investors awaited a speech from Federal Reserve Chairman Ben S. Bernanke for indications on whether the central bank will further support the world’s largest economy.
Company news:
Tiffany & Co. (TIF), the world’s second-largest luxury jewelry retailer, added 4.7 percent after reporting profit that beat analysts’ estimates and raising its earnings forecast. 
Pandora Media Inc., the online music company that went public in June, rose 6.1 percent as

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