Shares News

LOS ANGELES (Dow Jones) -- UTStarcom Inc. late Wednesday said it fell into a quarterly loss as revenue sank 34% from a year earlier, and the maker of infrastructure systems for networks forecast results for the current quarter that were below analysts' average expectation. Shares initially spiked almost 5% higher in evening trading after UTStarcom's (UTSI) quarterly loss came in narrower than h ...

LOS ANGELES (Dow Jones) -- Shares of Bed, Bath & Beyond slipped in after-hours trading Wednesday as flat first-quarter earnings, in line with analyst forecasts, translated to a rise in expenses. The company also said its full-year forecast would fall slightly short of analysts' estimates, according to news accounts. Bed, Bath & Beyond (BBBY) reported net income of $100.4 million, or 35 ...

European shares traded higher on Thursday as strong gains from resource stocks and a higher finish to trading on Wall Street once more provided direction for a market still nervously eyeing interest-rate direction. The U.K. FTSE 100 indexgained 1% to trade at 5,723, the German DAX Xetra 30 indexclimbed 1.3% at 5,573 and the French CAC-40 indexincreased 1.1% at 4,826. The pan-European Dow Jon ...

NEW YORK -(Dow Jones)- A report designed to show the economy's future direction declined by 0.6% in May to 137.9, according to preliminary estimates by The Conference Board. The Conference Board, a private research group, said Thursday that its composite index of leading indicators declined in May after a modest 0.1% decrease in the prior month. The May reading for the leading index contrast ...

By Friedel Rother LONDON - The FTSE 100 ended just inside positive territory on Wednesday, supported by mining stocks and a rally on Wall Street, but bank HBOS (HBOS.L: Quote, Profile, Research) dragged on the index after it did not increase its share buyback programme in a trading update. Shares in Britain's fourth-biggest bank finished down 1.5 percent. The mortgage lender said it was on track to deliver 7 percent earnings growth this year. Electronics retailer DSG International (DSGI.L: Q ...

MADRID (Reuters) - Spain's record and film industries suffered significant falls in sales and audiences in 2005, according to data given by the Spanish Society of Authors and Editors (SGAE) on Wednesday. Cinema box office takings fell nine percent year-on-year to 619.7 million euros (425 million pounds) in 2005, with a 60 percent share taken up by U.S. films, down from 70 percent the previous yea ...

U.S. stocks extended their rally at midday Wednesday, as investors drew courage from strong earnings at Morgan Stanley and FedEx and threw off worries about next week's Federal Reserve interest-rate decision. Investors also liked news that crude-oil supplies hit an eight-year high last week, while motor gas stocks experienced a modest increase. The Dow Jones Industrial Average (DJI) soared 1 ...

NEW YORK (Dow Jones) -- FedEx Corp. said Wednesday that volume growth across most of its segments led to increased fourth-quarter net income, a result that could reassure investors using the package-delivery giant's performance as an economic indicator. FedEx (FDX) said net income rose to $568 million, or $1.82 a share, from $448 million, or $1.46 a share in the year-earlier period. Analysts p ...

U.S. stocks locked in strong gains at Wednesday's close, after investors cheered Morgan Stanley and FedEx Corp.'s strong earnings reports, setting aside recent worries about the Federal Reserve's interest-rate decision next week. News that crude-oil supplies hit an eight-year high last week also gave the market some relief. The Dow Jones Industrial Average (DJI) closed up 104.62 points, or a ...

LOS ANGELES (Dow Jones) -- Shares of Bed, Bath & Beyond slipped in after-hours trading Wednesday as flat first-quarter earnings -- in line with analyst forecasts -- translated to a rise in company expenses. Bed, Bath & Beyond (BBBY) reported net income of $100.4 million, or 35 cents a share, on sales of $1.4 billion, compared with $98.9 million, or 33 cents a share, on sales of $1.24 bill ...