Financial News

Geoff Foster, Daily Mail23 December 2005 HOUSEBUILDERS were on the up yesterday following a bullish trading update from Wilson Bowden. OTHER STORIES Market report: Friday 09.00 Keep an eye on Vigilant New on the market Smaller companies report: Thursday close Our six picks coast past the All-Share THE EDITOR'S CHOICE TOP STORY: House price turnaround? TOP POLL: Will house pr ...

LONDON (Reuters) - Top shares rose above 5,600 on Friday for the first time since August 2001 in light trade ahead of the Christmas holidays, led by drugmaker AstraZeneca (AZN.L: Quote, Profile, Research) after it said it was buying a cancer specialist firm to boost its drug pipeline. By 8:47 a.m., the FTSE 100 was 10.4 points higher at 5,607.4 points -- a 52-month intraday high. That beat the previous 52-month best set on Thursday at 5,599.3 points. The index has gained more than 16 percent ...

By Bernard Simon in TorontoPublished: December 22 2005 17:49 | Last updated: December 22 2005 19:33Vancouver-based Placer Dome has agreed a sweetened $10.4bn cash-and-shares takeover bid by Barrick Gold of Toronto, setting the stage for Barrick to overtake Newmont Mining as the world's biggest gold producer. Peter Tomsett, Placer's chief executive, said on Thursday that the improved bid "addresses the inadequacies" of Barrick's initial $9.2bn offer, which it made in late October.

Mickey Clarke, Evening Standard22 December 2005 CONFIDENCE has returned to the property market and prospects in 2006 are looking a lot rosier. OTHER STORIES Christmas cheer from the Footsie Keep an eye on Vigilant New on the market Our six picks coast past the All-Share Smaller companies report: Wed close THE EDITOR'S CHOICE TOP STORY: House price turnaround? TOP POLL: Will  ...

SAN FRANCISCO (MarketWatch) -- Albertson's Inc. has terminated talks with a consortium that offered $9.6 billion for the supermarket-drug store giant and now will consider other alternatives, according to a media report Thursday. document.write('');   MARKETWATCH TOP NEWS Top 10 market stories of 2006 2005's Winners and Losers Top 10 stories for 2005 CORRECT: Senate bloc ...

NEW YORK (Business 2.0) - The sale of CBS MarketWatch to Dow Jones in November 2004 lifted the entire Web-publishing industry, setting off a multibillion-dollar wave of merger deals. But a year later, one question remains: Has the $540 million deal helped Dow Jones—and has it helped MarketWatch? As Om Malik demonstrated in the December issue of Business 2.0, MarketWatch's sale proved a high-water mark for valuing monthly unique visitors—a whopping $80 for ea ...

CHICAGO (MarketWatch) - Analysts applauded on Wednesday Google's agreement to acquire a 5% stake in Time Warner's America Online unit for $1 billion, saying the deal would boost AOL's advertising rates and add value to its traditional media content. document.write('');   MARKETWATCH TOP NEWS U.S. stocks up sharply; M&A in focus Seagate Technology to buy rival Maxtor fo ...

SAN FRANCISCO (MarketWatch) -- Airline stocks traded higher with the broader market Wednesday morning, led by JetBlue Airways' more than 2% advance. // document.write('');   MARKETWATCH TOP NEWS U.S. stocks rally in morning trade: M&A in focus Seagate Technology to buy rival Maxtor for $1.9 billion Nike's shares fall on slowdown in future orders Allergan to acquir ...

LONDON (Dow Jones) -- Deutsche Bank's top executive and five others are facing retrial after a German court overturned a ruling that cleared them of breaking the law by awarding large payments to executives during Vodafone Group's takeover of rival mobile-phone company Mannesmann AG in 2000. In their first trial last year, CEO Josef Ackermann and five members of Mannesmann's remuneration commit ...

LONDON (MarketWatch) -- While four major U.S. airlines have filed for bankruptcy since the 2001 terrorist attacks, their European rivals have largely managed to elude turbulence.   MARKETWATCH TOP NEWS U.S. stocks jump after bell, boosted by M&A Seagate Technology to buy rival Maxtor for $1.9 billion Nike's shares fall on slowdown in future orders Allergan to ac ...