Shares News

SAN FRANCISCO (Dow Jones) -- Stocks in Canada surged for a second straight session on Thursday with the benchmark index recording a triple-digit jump, led by a rise in commodity-related shares. The benchmark S&P/TSX Composite Index rose 252 points, or 2.3%, to 11,213.16. The S&P/TSX 60 Index of blue chips rose 12 points, or 2%, to 631.44, and the S& P/TSX Venture Composite surged 13 ...

SAN FRANCISCO (Dow Jones) -- Stocks in Latin America leaped on Thursday in lockstep with other global markets as investors put inflation and interest-rate frets on the back burner and searched for bargains amid recently beaten-down shares. Stocks on Wall Street rebounded for the second day in a row and the Dow Jones Industrial Average (DJI) had its best day-two run since November 2004. At the s ...

LOS ANGELES (Dow Jones) -- Microsoft Corp. said late Thursday that Bill Gates was immediately handing over his role as chief software architect to Chief Technology Officer Ray Ozzie and will transition out of his day-to-day role at the world's largest software company over the next two years. Gates, Microsoft's (MSFT) chairman, said he made the decision to give up his daily involvement with the ...

By Emily Chasan NEW YORK (Reuters) - U.S. stocks rallied on Thursday, as investors were relieved after Federal Reserve Chairman Ben Bernanke steered clear of fueling inflation concerns, and strong earnings from investment bank Bear Stearns Cos. (BSC.N: Quote, Profile, Research) boosted financial shares. Investors extended a late-day rally from Wednesday and snapped up downtrodden shares after weeks of rout. A rise in tech shares, including Qualcomm Inc. (QCOM.O: Quote, Profile, Research) , Ap ...

NEW YORK (Dow Jones) -- General Mills Inc., the nation's second-largest cereal maker, tempered its earnings forecast for fiscal 2007 but raised its view for the current year. The outlook led Citigroup on Thursday to downgrade shares in General Mills ( GIS) to hold from buy, citing concerns over future earnings growth. The packaged food company, whose brands range from Cheerios cereal to Yopl ...

LOS ANGELES (Dow Jones) -- Microsoft Corp. said late Thursday that Bill Gates was immediately handing over his role as chief software architect to Chief Technology Officer Ray Ozzie and will transition out of his day-to-day role at the world's largest software company over the next two years. Gates, Microsoft's (MSFT) chairman, said he made the decision to give up his daily involvement with the ...

SAN FRANCISCO (Dow Jones) -- Boeing Co. shares continued to climb Thursday as the world's largest aerospace company benefited from a deepening production crisis at chief rival Airbus. Boeing (BA) shares, which helped power the Dow Jones Industrial Average (DJI) 1.8% higher, closed up 3.4% to $84.81, after rising more than 6% on Wednesday.The parent of Airbus, EADS, rebounded in Paris trading afte ...

By Robert Wright, Transport CorrespondentPublished: June 14 2006 09:00 | Last updated: June 15 2006 20:45Prices in the bidding war for Associated British Ports look set to be pushed still higher after a Goldman Sachs-led consortium offered shareholders 840p a share and a rival bidder bought shares at 850p. Speculation that prices could soar still further saw the shares in Britain's largest port o ...

Beaten-down technology stocks made more advances early Thursday after snapping an eight-session losing streak. The Nasdaq Composite Index (RIXF) rose 24.98 points. Investors had been selling off techs the past two weeks due to concerns of a slowing economy. The sector got a boost Wednesday following an upgrade to some chip stocks. The Philadelphia Semiconductor Index (SOX) extended that mome ...

U.S. stock gains accelerated Thursday after Federal Reserve Chairman Ben Bernanke made soothing comments on the inflationary impact of higher energy prices at the retail level. A rally in shares of Caterpillar Inc., Boeing Co. and others provided a further boost to the Dow Jones Industrial Average. The Dow industrials (DJI) were up 165 points at 10,983. On Wednesday, the Dow rose more than 1 ...