Unisys Corporation (UIS) Soars 9.25% on August 29

Unisys Corporation (UIS) had a good day on the market for Wednesday August 29 as shares jumped 9.25% to close at $18.30. About 8.93 million shares traded hands on 30,705 trades for the day, compared with an average daily volume of 711,538 shares out of a total float of 51.01 million. After opening the trading day at $18.05, shares of Unisys Corporation stayed within a range of $18.65 to $17.95.

US economy grows

The U.S. economy grew at a strong 4.2 per cent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer spending.

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