U.S. stock market report
0835 ET 16Aug2010
3PAR shares soar as Dell acquires company
3PAR Inc shares jumped 85 percent in premarket trading on Monday after Dell Inc said it plans to buy the data storage company for $18 per share in cash, or $1.15 billion, extending its storage product offering for cloud computing.
3PAR shares recently traded up 85.3 percent at $17.88.
Reuters Messaging: rodrigo.campos.reuters.com@reuters.net
0755 ET 16Aug2010
Earnings and economic diary for Monday
Companies expected to report quarterly results on Monday include Urban Outfitters inc and Agilent Technologies Inc. For details, see .
Economic data on tap for Monday includes the Empire State survey for August and the National Association of Home Builders survey for August. For details, see.
Reuters Messaging: rodrigo.campos.reuters.com@reuters.net
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