Shares News

By Scott Hillis SAN FRANCISCO (Reuters) - Intel Corp. (INTC.O: Quote, Profile, Research) , which has been losing market share in computer processors to Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) , now looks better placed to weather a brutal price war that seems set to worsen. Analysts said Intel will likely regain the technology crown with new chips hitting the market  ...

By Ben Hirschler, European Pharmaceuticals Correspondent LONDON (Reuters) - AstraZeneca (AZN.L: Quote, Profile, Research) has won U.S. approval for its asthma drug Symbicort, significantly earlier than most industry analysts had expected, a person familiar with the matter said on Saturday. The news is a blow to rival drugmaker GlaxoSmithKline (GSK.L: Quote, Profile, Research) , which makes the competing asthma treatment Advair. Analysts expect the decision to boost shares in AstraZeneca and d ...

By Dai Wakabayashi SEATTLE (Reuters) - Microsoft Corp. (MSFT.O: Quote, Profile, Research) said on Friday it plans to release a new music and entertainment player and accompanying software under the "Zune" brand this year, in a belated attempt to challenge the dominance of Apple Computer Inc.'s (AAPL.O: Quote, Profile, Research) iPod player. The announcement comes after weeks of rumors and speculation about such an offering. Microsoft has already touted the products to record comp ...

Asian stocks slipped on Friday as investors locked in profits from the previous session's strong rally. Losses on Wall Street in the wake of disappointing earnings from Intel combined with weaker-than-expected U.S. manufacturing data to weigh on market sentiment in the Asia-Pacific region. The Nikkei 225finished the day down 0.84% at 14,821.26. The broader Topix index of Tokyo shares fell 0. ...

Michael Clarke, This is Money22 July 2006 SHARE dealing is a risky business at the best of times, but a growing breed of high-risk investors have taken trading to a new level of danger in recent years. WANT TO KNOW MORE? ADVICE & TIPS: Investing READER SERVICE: Share dealing FTSE: Risers and fallers OTHER STORIES Market report: Friday close Yesterday's trading: M&B in Whitbread  ...

U.S. stocks closed lower Friday, with the Nasdaq Composite skidding to its lowest finish in 14 months and taking its third straight weekly loss, undermined by a profit warning from Dell and nervousness about slowing economic growth. The worries about the economy overshadowed growing optimism that the Federal Reserve will stop raising interest rates soon. The Nasdaq Composite Index (RIXF) too ...

WASHINGTON (Dow Jones) -- Nokia Corp., the top global seller of wireless phones, is clearly feeling the heat from a resurgent Motorola, but the Finnish giant knows how to fight fire with fire. That's the message of new Chief Executive Olli-Pekka Kallasvuo, who vows Nokia will improve the designs of its phones and recover some of its lost market share. "Nokia knows what it takes to win and we ...

NEW YORK (Dow Jones) -- Eli Lilly and Co. on Friday swung to a second-quarter profit on soaring sales of its psychiatric drugs Cymbalta and Zyprexa, but forecast sales growth for the year at the low end of its prior target. The Indianapolis-based drugmaker earned $822 million, or 76 cents a share. In the year-ago period it posted a loss of $252 million or 23 cents a share. Excluding a charge in ...

SAN FRANCISCO (Dow Jones) - Shares of Advanced Micro Devices Inc. fell to their lowest level in a year Friday after the world's No. 2 maker of PC chips reported earnings that lagged behind expectations. AMD (AMD) , which is trying to withstand price cutting by its larger rival Intel Corp., fell 16% to $18.26 After the stock market closed Thursday, Sunnyvale, Calif.-based AMD said second-quar ...

Most bellwether technology stocks closed with losses Friday, with Dell Inc. sinking after the computer maker warned its results would come up short and those of Advanced Micro Devices Inc. tumbling after the chipmaker's results lagged hopes on lower pricing. However, Microsoft Corp. was a bright spot after solid results and an upbeat forecast combined with news it plans to buy back up to $40 bi ...