Shares News

CHICAGO (Dow Jones) - Shares of some major hotel chains were pressured on Thursday after an alleged plot to blow up as many as six U.S.-bound airplanes was uncovered by British police. A score of people have been arrested in connection with the scheme, which involved smuggling explosive liquids onto flights for the purpose of blowing them up in mid-air. The news unnerved investors in some trave ...

European shares gained ground in the last day of a turbulent week on Friday, helped by overnight gains in the U.S. equity markets and on a partial recovery in the airline sector after Thursday's terror-fear inspired sell-off. The U.K. FTSE 100 indexadded 0.2% to trade at 5,835, the German DAX Xetra 30 indexadded 0.4% at 5,654 and the French CAC-40 indexrose 0.3% at 4,990. The pan-European Do ...

LOS ANGELES (Dow Jones) - Shares of Brinker International jumped by more than 10% at one point Thursday after the restaurant operator reported better-than- expected fourth-quarter earnings, driven by sales gains and improved cost controls. Brinker (EAT) shares were up more than 8% in recent action. The company, which operates Chili's, Macaroni Grill, and On the Border restaurants, said net i ...

U.S. stocks closed higher Thursday, as investors cheered the fact that U.K. authorities had apparently thwarted a terror plot to blow up U.S.-bound flights, with an accompanying decline in oil prices underpinning gains. Analysts said investors are still focused on the state of the economy after the Federal Reserve decision earlier this week to pause in the bank's rate- tightening program. There ...

SAN FRANCISCO (Dow Jones) -- Major markets in Latin America were mixed Thursday, with Brazil and Mexico benefiting from last-minute buying sprees. Markets worldwide began the day in deep doldrums after U.K. police announced the arrest of suspects in an alleged plot to blow up airliners. Fears of waves of terrorism sent stock prices down in markets worldwide, including Brazil. But the terrori ...

HONG KONG (Dow Jones) -- Asian markets were mixed in a narrow range Friday afternoon as slower-than-expected Japanese GDP growth nudged the Nikkei lower while property and mainland Chinese telecom shares helped lift Hong Kong's Hang Seng. The Nikkei 225 Averagewas down 0.18% to 15,602.54 in afternoon trading. The Topix index of Tokyo shares was down 0.27% to 1,578.67. In Hong Kong, the Hang  ...

SEATTLE (AFX) - Property and casualty insurer Safeco said Friday it declared a regular quarterly dividend of 30 cents per share. The company will pay the dividend on Oct. 23 to shareholders of record on Oct. 6. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

NEW YORK (AFX) - Stocks fell somewhat lower as optimism over the previous session's strong showing was tempered by uncertainty over the need for financial restatements at Apple Computer and the outlook for inflation following stronger-than-anticipated economic data. In the opening minutes, the S&P 500 dropped 1.20 points to 1,270.61, while the Nasdaq 100 fell 5.51 points to 2,066.23. The  ...

NEW YORK (AFX) - Stocks dropped in early trading Friday on news that Apple Computer would delay its latest quarterly report because of irregularities related to past stock-option grants. Investors fear a widening scandal around the backdating of options, which has already resulted in 5 indictments and a series of restatement announcements at other firms, could roil Wall Street. UnitedHealth G ...

TESCO is on track to become Britain's number one non-food retailer, a new report reveals. It is set to overtake current leader the Argos Retail Group - the company behind Argos and Homebase - after expanding into clothing, electricals, entertainment and homeware, market analysts Verdict say. Tesco is already Britain's biggest grocery retailer ahead of Asda and Sainsbury's. Advertisement your sto ...