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HONG KONG (Reuters) - Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) , the world's number two maker of microchips for personal computers, will supply China's second-largest PC maker with chips, scoring its latest victory in a market share battle with bigger rival Intel (INTC.O: Quote, Profile, Research) . Under an agreement signed on Thursday, Founder Technology (600601.SS: Quote, Profile, Research) would introduce desktop computers based on the AMD64 processor in Ch ...

U.S. stocks traded back and forth across the flatline Friday as investors digested a number of economic reports, but Research In Motion rallied after the maker of the BlackBerry device posted strong earnings and an upbeat profit outlook. The Dow industrials (DJI) was down 1.5 points at 11,717. The benchmark index rose as high as 11,741.99, easily surpassing its record-high close of 11,722.98 fr ...

NEW YORK (AFX) - Stocks rose modestly Friday, a day after the Dow Jones industrial average briefly bested its all-time high close of 11,722.98 set on Jan. 14, 2000. The day's economic news was gloomy and money managers are unlikely to make bold moves as the quarter nears its end Friday. The Commerce Department said consumer spending dropped in August by the largest amount in nearly a year and cor ...

ALMATY (AFX) - Shares in Kazmunaigaz Exploration and Production (KMG EP) will be floated at the upper end of the indicated range, valuing the Kazakh gas and oil firm at about 6.2 bln usd, the company said. It said the offer price for Global Depository Receipts (GDRs) on the London Stock Exchange has been set at 14.64 usd, at the upper end of the 12.75-14.75 usd range set earlier this month. The  ...

NEW YORK (AFX) - Shares of Research in Motion Ltd. soared to a year high Friday after the maker of the Blackberry handheld device reported preliminary results for its fiscal second quarter and a third-quarter outlook that were above Wall Street's expectations. The Canadian company's stock surged $16.04, or 19 percent, to $102.10, wel above its previous 52-week high of $90.53 on the Nasdaq Sto ...

U.S. stocks traded back and forth across the flat line Friday, with the Dow Jones Industrial Average once again briefly tapping its all-time closing high, in a market that is set to post one of its strongest third quarter gains in a number of years. Research In Motion was a notable gainer after the maker of the BlackBerry device posted strong earnings and an upbeat profit outlook. The market mana ...

FRANKFURT (AFX) - German shares were up in midafternoon trade following yesterday's solid gains, as US markets opened higher, and with Infineon leading the blue chips higher on news that Deutsche Bank reiterated its 'buy' rating. At 2.57 pm, the DAX 30 index was 31.26 points or 0.52 pct higher at 6,020.04, having moved between 5,996.60 and 6,031.55 so far this session. The MDAX was at 8,543.35,  ...

WAYCROSS, Ga. (AFX) - Atlantic Coast Federal Corp., parent of Atlantic Coast Bank, said Friday that its board increased its regular quarterly dividend by 1 cent to 11 cents per share. The company will pay the dividend on Oct. 30 to stockholders of record as of Oct. 13. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed ...

By Peter Griffiths LONDON (Reuters) - The search for sunken treasure in deep-sea shipwrecks may sound like the stuff of children's adventure stories rather than corporate boardrooms. But a marine salvage company says raising a profit from the depths of the ocean could soon become a reality. SubSea Resources (SUB.L: Quote, Profile, Research) this month sold its first load of copper lifted from a wreck 1 km (3,300 feet) below the Atlantic Ocean's surface and on Friday predicted more to come.  ...

HONG KONG (Reuters) - Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) , the world's number two maker of microchips for personal computers, has sealed a deal to supply China's second-largest PC maker with chips, scoring its latest victory in a market share battle with bigger rival Intel (INTC.O: Quote, Profile, Research) . Under an agreement signed on Thursday, Founder (0418.HK: Quote, Profile, Research) Technology (600601.SS: Quote, Profile, Research) would launch desk ...