VF Corp reported a lower quarterly profit that nevertheless beat Wall Street estimates, helped by cost controls and inventory management. The company also stood by its 2009 forecast and its shares rose.
Shares in Blacks Leisure fall 6% after the outdoor goods retailer is cut to "sell" from "hold" by broker Altium Securities. Blacks last week reported a like-for-like sales fall of 1.8 percent in the first 19 weeks of its fiscal year.
German fashion house Escada, now grappling with a restructuring to avert insolvency, said it would offer shareholders one new share for every two they now own, under a planned 29 million euro ($41.06 million) capital increase.
African miners Randgold Resources Ltd and AngloGold Ashanti teamed up to make a counterbid worth C$546 million ($488 million) for Moto Goldmines, which owns a project in the Democratic Republic of Congo.