Shares News

NEW YORK (MarketWatch) -- U.S. stock traded lower but off their worst levels Friday as good news on wholesale inflation data was tempered by a profit warning from Tyco International, a formal probe for International Business Machines, and a lower revenue forecast from Lucent Technologies. The Dow Jones Industrial Average(DJI)was off a session high of 10,992.69, down 10 points at 10,952. The ben ...

SAN FRANCISCO (MarketWatch) -- Though the airline industry may see clearing skies in 2006, it first must face up to the financial results from the last quarter of 2005, which had surging jet fuel prices and the shakeout from bankruptcies of Delta Air Lines and Northwest Airlines. EARNINGSWATCH Airlines face tough quarter before skies clear Computer Sciences cut by Prudential on fu ...

NEW YORK (MarketWatch) -- U.S. stock losses intensified in early afternoon trade Friday, after good news on wholesale inflation data was tempered by a profit warning from Tyco International, a formal probe for International Business Machines, and a lower revenue forecast from Lucent Technologies. The Dow Jones Industrial Average(DJI)was off a session high of 10,992.69, down 23 points at 10,939. ...

By Jane Merriman LONDON (Reuters) - Booming emerging markets are helping HSBC get some payback from building up its investment banking business, said David Livingstone, head of its investment banking advisory for Europe, Middle East and Africa. The bank is focusing its energies not only in emerging economies, where it is traditionally strong, but is also targeting major markets including the UK. Livingstone, who joined HSBC in April 2004 from Goldman Sachs, said there was a surge in interest  ...

By Keiron Henderson LONDON (Reuters) - The FTSE 100 fell back on Friday from Thursday's 4-1/2 year high, unsettled by a big sell-off on Wall Street and nerves over Iran's nuclear intentions, with oil and telecoms stocks the biggest fallers. Oil majors BP (BP.L: Quote, Profile, Research) and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) lost upwards of 1 percent as oil edged below $64 a barrel, although the nuclear stand off between Iran and the United Nations and production cuts in Ni ...

Venture capital trusts are hoping to raise more than £800m in the current tax year, smashing through all previous records for an investment that enjoys generous tax breaks. // But the failure by Gordon Brown, the chancellor, to give details of the tax regime that will apply after April 6 has aroused widespread suspicion that he plans to rein in some of the tax benefits that have created the present boom. The chancellor had been expected to explain his plans in his pre-Budget statement in early  ...

SAN FRANCISCO (MarketWatch) - Commodity gains pushed European shares trading on Wall Street Friday just above water, offsetting losses caused by a string of broker downgrades.   MARKETWATCH TOP NEWS U.S. stocks trade lower; IBM, Tyco Intl, Lucent weigh Boston Scientific's new bid has the edge, analysts say GM mum on targets but promises better 2006 Tyco to split int ...

After a blistering start to 2006, European equity markets came back to earth this week as France Telecom sent a shiver through the telecoms sectors. // The Eurofirst 300 fell 0.2 per cent to 1,303.4, down 0.6 per cent on Friday. Fixed-line incumbents, mobile operators and telecoms equipment makers all took a hit after the French group warned on full-year revenues and presented a gloomy outlook m ...

By Jui Chakravorty DETROIT (Reuters) - General Motors Corp. (GM.N: Quote, Profile, Research) , which lost nearly $4 billion (2.3 billion pounds) in the first three quarters of 2005, on Friday said sales in North America could slip in 2006 as it accelerates a cost-savings plan and moves to stanch losses. The world's largest automaker expects to realise about $4 billion in savings in 2006, the bul ...

SAN FRANCISCO (MarketWatch) -- Pockets of strength emerged in the technology sector Friday as hardware bellwethers advanced in an attempt to recoup some of the prior session's losses. Gains came from Apple Computer Inc.(AAPL), which climbed as high as $85.90 on the last day of the Macworld Conference and Expo. Apple is set to deliver its quarterly results on Jan. 18. Hewlett-Packard Co.(HPQ)ro ...