Financial Breakfast for August 29, 2011

This is your Benzinga news summary and traders' outlook for Monday, August 29, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. At last check, Dow futures are up about 100 points and the U.S. dollar trades flat near the $73.75 level. Earlier this morning, ISI Group upgraded O'Reilly

to Hold. View all of

. Citigroup downgraded Robert Half

to Hold. View all of

. Deutsche Bank raised Tiffany's

price target to $79 from $75 and Citigroup lowered ManpowerGroup

price target to $48 from $79. View all other

. Overseas, European markets are higher in afternoon trading. Britain's FTSE 100 rose 1.2%, Germany's DAX gained 1.5% and France's CAC 40 added 1.9% on the session. Asian stocks ended the session mixed. China's Shanghai Index lost 1.35%, Japan's Nikkei 225 added 0.6%, and Hong Kong's Hang Seng Index gained 1.4%. On the economic calendar, personal income, personal spending, and PCE data are set to be reported at 8:30 a.m. Pending home sales are due at 10:00 a.m. Finally, The Dallas Fed Manufacturing Index is set to report at 10:30 a.m. On the commodity front,

and

futures are higher in pre-market trading, with gold trading higher by about 1%. Energy futures are mixed with

up near the $85.50 level and

futures are trading lower by about 1.25%.

futures are trading down by about 1% and

futures are trading about 0.4% lower this morning. On the earnings front, LDK Solar

reported Q2 EPS of $(0.62) on revenues of $499.4 million; The Street was looking for revenues of $714 million. In corporate news, The Corporate Executive Board Company

today announced that its Board of Directors has approved a new

, which is authorized through Dec. 31, 2012. This concludes your news summary for August 29, 2011.