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SAN FRANCISCO (Dow Jones) -- American International Group's third-quarter results calmed concerns about the company's crucial foreign life insurance business and helped lift shares to a 10-month high on Friday. AIG (AIG) said late Thursday that third-quarter net income more than doubled to $4.22 billion, or $1.61 a share. Adjusted net income, which excludes net realized investment gains and los ...

Asian stocks ended mixed Friday, with Japan's Nikkei 225 Index declining after weaker-than-expected data on machinery orders raised concerns for the economy, while India's leading share index hit a fresh record high. Data showed that machinery orders in Japan fell 7.4% in September from a month earlier on a seasonally adjusted basis. The result, which missed analysts' expectation of a rise in o ...

NEW YORK (AFX) - businessminute Wall Street closed out an erratic session with a modest advance Friday as investors awaited further signs about the health of the economy. Falling oil prices and a contract win for Boeing Co. offered some support to a lackluster market, and the major indexes all ended with solid gains for the week. Energy and materials stocks were weaker Friday, while uti ...

DETROIT (AFX) - Leaders of the Big Three domestic automakers will bring up currency exchange rates and health care costs when they speak with President Bush on Tuesday, Ford's top executive said Friday. "Clearly, having a level playing field is very important," Ford Chief Executive Alan Mulally said in an interview with the editorial board of the Detroit Free Press. The leaders of Ford ...

LOS ANGELES (Dow Jones) -- Walt Disney Co.'s fiscal fourth-quarter profit more than doubled, powered by strong box-office results and growth in its amusement parks and media networks, but concerns that the pace of growth may slow pressured shares. Disney's stock, a component of the Dow Jones Industrial Average, closed down 3.5% at $32.40 in Friday trading. While results reported late Thursda ...

European shares slipped on Friday, with continued weakness from pharmaceutical stocks such as GlaxoSmithKline and AstraZeneca offsetting gains in chemical firms such as Rhodia and commodity-related shares. The U.K. FTSE 100 indexclosed down 0.37% at 6,208.40, as shares in both GlaxoSmithKline (GSK) and AstraZeneca (AZN) lost at least 1.8%. Friday is the third day of share-price weakness for  ...

FRANKFURT (AFX) - Shares closed broadly flat as Adidas and Deutsche Telekom extend losses after releasing quarterly results yesterday, dealers said. At the close, the DAX 30 index was 0.91 points or 0.01 pct lower at 6,357.77, having moved between 6,311.53 and 6,366.46 in today's session. The MDAX was up 19.27 points or 0.22 pct at 8,841.54, while the TecDAX stood at 697.74, down 2.29 points or  ...

(Updates with full report) AMSTERDAM (AFX) - Shares closed broadly lower in Amsterdam as financial stocks and a lower Wall Street weighed on the index, dealers said. The AEX closed 0.17 pct or 0.86 points lower at 492.96, after trading in a range of 490.89-494.05. Government bonds traded mixed while the euro stood at 1.2862 usd versus 1.2832 usd late yesterday. Financials helped keep the AEX i ...

(Updating with further details) LONDON (AFX) - Leading shares ended the session lower as weakness in heavyweight miners and drug stocks offset M&A fuelled gains in housebuilders after an approach for mid-cap Crest Nicholson, dealers said. At the close, the FTSE 100 index was down 23.1 points at 6,208.4, just off a late low of 6198.9, while the broader indices were mixed. Volume was heavy, w ...

NEW YORK (AFX) - A Spanish-language TV network Telemundo apologized to President Vicente Fox on Thursday after airing offhand comments made by Fox about his pending departure from office before the formal start of an interview. "Telemundo understands that the broadcast of these comments could be construed as inappropriate and may have been taken out of context," the Florida-based networ ...