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HONG KONG (Dow Jones) -- Asian stocks gained in midsession trading Friday as Australia's benchmark index rose to an intraday record after the nation's biggest lender, National Australia Bank, reported earnings, while indexes in Hong Kong and Indonesia also touched fresh intraday records, although profit taking saw some gains trimmed. Markets in Japan were closed for a public holiday. U.S. ma ...

HONG KONG (XFN-ASIA) - Share prices finished the morning session weaker on mild profit-taking after the benchmark index hit fresh record highs yesterday, dealers said. The market opened slightly lower but turned positive in early trade on rotational buying of select stocks before reversing direction again. HSBC was down on profit-taking after leading yesterday's rally, while China Mobile manage ...

(AFX) - SAN JOSE, Calif. -- Shares of Electronic Arts Inc. soared more than 7 percent after the world's biggest video game publisher beat Wall Street's earnings expectations with strong fiscal second-quarter sales and signaled healthier times ahead for itself and the industry. Redwood City, Calif.-based EA boosted its fiscal year outlook Thursday and predicted strong sales for the holiday qua ...

Hong Kong shares end morning weaker on profit-taking after yesterday's record HONG KONG (XFN-ASIA) - Share prices finished the morning session weaker on mild profit-taking after the benchmark index hit fresh record highs yesterday, dealers said. The market opened slightly lower but turned positive in early trade on rotational buying of select stocks before reversing direction again. HSBC was  ...

SAN FRANCISCO (Dow Jones) -- Energy services contractor McDermott International, Inc. presented investors with a 74% jump in third-quarter earnings Thursday, with the return of Babcock & Wilcox to the company's books accounting for the bulk of the gains. After the closing bell, Houston-based McDermott (MDR) reported net earnings of $101.7 million, or 89 cents a share, for the latest quarter ...

CHICAGO (Dow Jones) -- Gemstar-TV Guide profit fell 65% from the year-earlier quarter that included a substantial gain, but the shares advanced late Thursday after the company reported a better revenue total than expected. Gemstar-TV Guide (GMST) said it earned $17.5 million, or 4 cents a share, compared with a profit of $51 million, or 12 cents a share, in the prior year. The figure in the year- ...

CHICAGO (Dow Jones) -- MGM Mirage said Thursday that its third-quarter profit rose almost 70% on the back of brisk gambling and visitation at its Las Vegas properties, along with higher operating margins. Before the start of trading, MGM Mirage (MGM) reported profit of $156.3 million, or 54 cents a share, in the period, up from $93.2 million, or 31 cents, in the year-ago period. Revenue rose to ...

HONG KONG (XFN-ASIA) - Share prices turned firmer in early trade as rotational buying of laggard stocks, including properties, reversed opening losses, dealers said. Blue chips China Mobile and HSBC were slightly weaker on profit-taking after leading the market's recent rally. At 10.30 am, the Hang Seng Index was up 26.75 points or 0.14 pct at 18,741.53, off a low of 18,684.19 and high of 18,751 ...

HONG KONG (XFN-ASIA) - Share prices opened slightly lower on profit-taking after sharp gains yesterday, which sent the benchmark index to new all-time intra-day and closing highs, dealers said. Blue chips China Mobile and HSBC, which led yesterday's rally, were both lower on mild profit-taking. The Hang Seng Index opened down 18.20 points or 0.10 pct at 18,696.58. jun.concepcion@xfn.com jc/rc

HONG KONG (XFN-ASIA) - Share prices are expected to open lower on profit-taking on the gains yesterday, which sent the benchmark index up to new record intra-day and closing highs, dealers said. Francis Lun, general manager at Fulbright Securities, said: "The local market has had a good run since June this year, and I expect many short-term traders to take profit today, specially after the m ...