Market Gawk

Logistics provider picks up higher offers from its two suitors.

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Shareholders of The Exploration Co. approved a plan to change the name of the oil and gas company and double its number of shares available.

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The resignation of Isle of Capri Casinos Inc.’s president and chief operating officer, Timothy Hinkley, will become effective July 27, according to a regulatory filing Monday.

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The Chesapeake and Delaware Canal, a major transit point for cargo ships headed to and from the Port of Baltimore, was closed Monday following a collision between a tugboat and a sailboat, authorities said.

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The dismal performance of Sports Direct International continued, with the sportswear retailer closing at another low. The shares, which listed at 300p in February, ended 3.5 per cent lower at 206½p, unsettled by Friday’s profits warning from US rival Foot Locker.

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U.S. slaps company with $1B-plus suit for water pollution.

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John Schnatter, founder of Papa John’s International Inc., is changing his role with the company.

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Pinnacle Airlines Corp.’s board of directors has authorized a share repurchase program to acquire up to $30 million of the company’s outstanding common stock.

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The Australian, New Zealand and Canadian dollars were all up strongly today with New Zealand retail sales being the story of the night. Consumer spending was originally expected to drop by 0.2 percent, but instead, it increased by 1.3 percent in March.

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Even though the Euro has extended its Friday gains thanks to slightly stronger than expected industrial production numbers, the rally was modest at best. In fact, the EUR/USD has been confined to a 35 pip trading range for the past 24 hours.

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