Shares News

Asian stocks traded higher Friday, led by gains in South Korea, while Japan's Nikkei Average was little changed above the 17,000 level as gains in banks offset loses in some industrial stocks. By midday in Tokyo, the Nikkei 225 Average was down 12.36 points, or 0.07%, at 17,032.98. The Topix gained 1.75 points, or 0.10%, to 1,728.43. Data released before the start of trading showed Japan's c ...

U.S. stocks traded mixed in late-afternoon trading Friday as the latest data confirmed the resilience of the economy in the face of a rising rate environment, a factor that has put the S&P 500 on course to post its best first- quarter performance in seven years. The Dow Jones Industrial Average is on track to book its best first quarter in four years while the Nasdaq Composite is looking at ...

SAN FRANCISCO (Dow Jones) -- Giant auto-parts maker Delphi Corp., standing by its earlier threat, asked a bankruptcy court judge on Friday to void its labor contract with the United Auto Workers after the union rejected Delphi's latest demands to cut wages and benefits. At the same time, Delphi (DPHIQ) said it was seeking to shed "certain unprofitable General Motors contracts" as part of its pl ...

SAN FRANCISCO (Dow Jones) -- Shares of General Motors fell Friday after Delphi Corp. ratcheted up tension with the United Auto Workers by asking the judge overseeing the bankrupt supplier's turnaround to void its labor contracts and end supply contracts with its former parent. While not unexpected by General Motors (GM) executives or on Wall Street, the Delphi request makes the relationship bet ...

SAN FRANCISCO (Dow Jones) -- Genesis Microchip Inc. shares slid as much as 11% Friday, hit by weaker-than-expected demand for its television chips in Europe and China. The company (GNSS) also is being hurt by a performance issue for its newest TV chip, which will cut into its overall profit margin. In late morning trading, Genesis Micro shares fell $1.36 to $17.16 as Pacific Crest Securities ...

U.S. stocks fell Friday afternoon, after largely positive data showed the economy in robust health, but also stoked interest-rate concerns, a recurrent theme in the market this quarter. General Motors Corp. was under pressure after its bankrupt auto parts supplier Delphi Corp. said it would seek to end certain supply contracts with the automaker. The Dow Jones Industrial Average (DJI) gave up  ...

U.S. stocks traded mostly flat Friday as the largely positive data showed the economy in robust health, but also stoked interest-rate concerns, a recurrent theme that has not prevented the market from posting a solid quarter. General Motors Corp. was under pressure after its bankrupt auto parts supplier Delphi Corp. said it would seek to end certain supply contracts with the automaker. The Dow ...

Silvio Berlusconi’s dominance of Italy’s television market has become a significant election issue as the premier and his allies have received the biggest share of TV news coverage. // In spite of rules prescribing equal access for all political parties, several studies this week revealed that Mr Berlusconi’s centre-right coalition had received more campaign airtime, especially on the channels of ...

U.S. stocks rose Friday as investors digested a slew of economic data, but General Motors Corp. was under pressure after its bankrupt auto parts supplier Delphi Corp. said it would seek to terminate certain supply contracts it has with the automaker. The Dow Jones Industrial Average (DJI) was up 24 points at 11,175. The Nasdaq Composite Index (RIXF) rose 5 points to 2,346 after ending the pr ...

U.S. stocks gained ground in early trading Friday after the latest economic data eased interest-rate concerns, with a pullback in crude-oil prices also lending some support. The Dow Jones Industrial Average (DJI) was up 38 points at 11,188. The Nasdaq Composite Index (RIXF) rose 7 points to 2,347 after ending the prior session at a fresh five-year high. The S&P 500 Index (SPX) gained  ...