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Brewing giant SABMiller says it is now the largest brewer in China by both sales volume and brewing capacity. The world's second biggest brewer, it operates in the Chinese marketplace through its 49% stake in China Resources Snow Breweries (CR Snow). SABMiller said CR Snow's share of the Chinese beer market had risen to 14.9% in the first six months of 2006. This puts it ahead of the previous Chinese beer leader, Tsingtao, which has a market share of 13.9%. 'Hard slog' The Chinese brewing i ...

SANTA CLARA, Calif. (AFX) - Chip maker National Semiconductor Corp. on Friday said it raised its quarterly dividend by 33 percent, or a penny per share, to 4 cents. The company will pay the dividend Jan. 8 to shareholders of record at Dec. 18. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

U.S. stocks fell Friday as a mixed jobs report put the brakes on a three- session run of gains, with General Motors Corp. a notable decliner after a key ally of billionaire shareholder Kirk Kerkorian resigned from the automaker's board. The Dow Jones Industrial Average (DJI) fell 46 points to 11,820, weighed by the sharp downturn in GM's shares. Caterpillar Inc. (CAT) , Intel (INTC) and JP Mor ...

MENASHA, Wis. (AFX) - Printing company Banta Corp. on Friday identified the facilities it plans to close as part of a previously announced restructuring plan that includes about 500 job cuts. In September, Banta said it would shed five printing plants, and record charges of $28 million over the next two years in an effort to boost profitability and cut costs. The company will close one book prin ...

WASHINGTON (AFX) - Shares of Danaos Corp. fell slightly Friday, as the Greek shipping company had its trading debut on the New York Stock Exchange. In early afternoon trading, the shares were down 15 cents from the IPO price of $21. Danaos sold 10.25 million shares at the midpoint of an expected price range of $20 a share to $22 a share. Underwriters for the offering were Merrill Lynch & Co. ...

NEW YORK (AFX) - Stocks fell Friday, halting three straight days of record-setting gains after the Labor Department said employers added far fewer jobs last month than expected and a General Motors Corp. board member who lobbied unsuccessfully for an alliance with other automakers resigned. The jobs report gave investors further confirmation that the economy is slowing, and Friday's Wall Stre ...

(Updating with further details) LONDON (AFX) - Leading shares ended a volatile session lower, but still above the key 6,000 level, as M&A-fuelled gains in utilities and a bounce in Partygaming were offset by a weak Wall Street, dealers said. At the close, the FTSE 100 was down 3.3 points at 6,001.2, off an earlier high of 6,014.3, having swung in an out of losses, while the broader indices w ...

(Updating with full report) AMSTERDAM (AFX) - Shares in Amsterdam closed flat after a day of lacklustre trade in the absence of guiding local corporate news, with Corus adding to gains made earlier in the week on continued speculation over Tata Steel's interest in the Anglo-Dutch steelmaker, dealers said. The AEX closed 0.05 points or 0.01 pct higher at 486.21 after trading in the range of 483.7 ...

NEW YORK (AFX) - Stocks fell Friday, halting three straight days of record-setting gains after the Labor Department said employers added far fewer jobs last month than expected and a General Motors Corp. board member who lobbied unsuccessfully for an alliance with other automakers resigned.. The jobs report gave investors further confirmation that the economy is slowing, and Friday's Wall Str ...

MELVILLE, N.Y. (AFX) - Park Electrochemical Corp., which makes materials used in circuit boards, on Friday declared a regular quarterly dividend of 8 cents per share. The company will pay the dividend on Nov. 1 to shareholders of record Oct. 16. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.