Shares News

HONG KONG (XFN-ASIA) - Share prices opened higher after Wall Street extended its gains overnight and closed just shy of its all-time highs after trading above the record level for some time, dealers said. China BlueChemical was in focus as it posted sharp gains on its trading debut. The Hang Seng Index opened up 29.10 points or 0.17 pct at 17,559.67. China BlueChemical opened at 2.30 hkd, up 21 ...

WASHINGTON (AFX) - Hewlett-Packard Co.'s current and former board chairs readily agreed Thursday with outraged lawmakers that the storied Silicon Valley company had behaved horribly in trying ferret out boardroom leaks. Neither, though, was willing to take the blame. Addressing a scandal that congressmen likened to Watergate and Enron -- and which toppled Chairwoman Patricia Dunn, two other dire ...

SAN FRANCISCO (AFX) - Yahoo Inc. said Thursday it has struck a deal with Hewlett-Packard Co. to plant its Internet search engine on millions of computers, the latest volley in a high-stakes battle with Google Inc. and Microsoft Corp. The alliance unites two companies trying to catch up to the longtime leaders in their respective fields. Sunnyvale-based Yahoo ranks a distant second to Google in t ...

SAN FRANCISCO (AFX) - Yahoo Inc. said Thursday it has struck a deal with Hewlett-Packard Co. to plant its Internet search engine on millions of computers, the latest volley in a high-stakes battle with Google Inc. and Microsoft Corp. The alliance unites two companies trying to catch up to the longtime leaders in their respective fields. Sunnyvale-based Yahoo ranks a distant second to Google in t ...

SAN FRANCISCO (Dow Jones) -- Tribune Co. said late Thursday it has hired Merrill Lynch and Citigroup as financial advisers, taking another step toward a possible sale of part or all of the company. Last week, the Chicago-based media company established an independent board committee to help it explore a number of possible strategic alternatives. Those alternatives could include the sale of s ...

SAN FRANCISCO (Dow Jones) -- Mexican stocks rallied in line with the U.S. Thursday, with the market's leading IPC index reaching a record high close. The IPC closed 105.91 points higher, or 0.5%, at 21,854.48, above the prior record of 21,841.45 reached on Sept. 20. Among the busiest stocks, wireless company America Movil (AMXVF) L shares finished up 0.6%, cement maker Cemex CPOshares added  ...

SEATTLE (Reuters) - Microsoft Corp. (MSFT.O: Quote, Profile, Research) said on Thursday its new Zune music player will be sold at a price matching Apple Computer Inc.'s (AAPL.O: Quote, Profile, Research) market-leading iPod and, as a result, lose money this holiday season. Microsoft's 30-gigabyte Zune will retail for $249.99 -- 99 cents higher than the iPod with the same amount of storage -- when it goes on sale November 14. Songs available for download at the Zune Marketplace ser ...

NEW YORK (Dow Jones) -- U.S.-listed shares of European companies were flat Thursday, held in check by a sharp fall in Infineon ADRs after a Taiwanese customer said it's shutting down its German mobile phone business. The Bank of New York Europe ADR Index was last up 0.1% at 153.14. The Bank of New York Composite ADR Index was up 0.2% at 151.01. The major European indexes were mixed earlier.  ...