Shares News

(updating with regional performances) ZURICH (AFX) - Compagnie Financiere Richemont SA reported forecast-beating first half results, citing good growth across all markets and controlled increases in expenses. Net profit excluding the group's share of associated company British American Tobacco reached 371 mln eur, up from 270 mln in the same period last year, while EBIT improved to 436 mln eur f ...

WELLINGTON (XFN-ASIA) - Share prices closed slightly higher as number two stock Fletcher Building continued its rebound to end a roller-coaster week on a high, dealers said. The benchmark NZX-50 index rose 8.69 points or 0.07 pct to 3,822.51 on turnover worth 66.5 mln nzd. ASB Securities head of advisory Stephen Wright said the market had lost some upward momentum but with economic conditions st ...

TOKYO (XFN-ASIA) - Share prices closed lower, having shed the gains they had made in the morning, amid lingering concern about the prospects for the economy, dealers said. The early gains were spurred by the rises in US stocks overnight, but they could not be sustained, dealers said. The blue-chip Nikkei 225 Stock Average closed 72.14 points or 0.45 pct lower at 16,091.73, after touching a low o ...

SYDNEY (XFN-ASIA) - Share prices closed higher as investor sentiment rose after shares on Wall Street hit a fresh record high, dealers said. Lower metal prices overnight led to early selling in index-leading resource stocks BHP Billiton and Rio Tinto, but they recovered some of the losses. BHP Billiton shares eased just 0.03 aud at 26.49 aud while Rio Tinto retreated 0.18 to 74.82. The S&P/ ...

ANNANDALE, Va. (Dow Jones) -- Can a market rise too fast? On the face of it, this question would appear to be absurd. Who could possibly object to making more money rather than less? But a number of the editors of the investment newsletters I follow nevertheless are worried about the pace of the market's recent advance. They argue that, historically, the market has tended to fall more sharpl ...

SAN FRANCISCO (Dow Jones) -- Canadian stocks closed lower Thursday, pushed down by falling oil and gold prices, while most other sectors closed higher. The S&P/TSX Composite Indexfell 59.52 points, or 0.48%, to 12,366. Overall, eight of Toronto's 10 sector indexes ended higher. The energy sector was the biggest loser, retreating 1.93%. EnCana Corp. (ECA) stock declined C$1.30 to C$56.10. ...

HONG KONG (XFN-ASIA) - Share prices ended the morning session higher, reversing an opening fall triggered by profit-taking, as fresh funds flowed in even as trading was cautious after recent record-breaking runs, dealers said. They said HSBC rebounded today after yesterday's losses and led the market's gains. The overall trading stance continued to pace the market forward as buying was encourage ...

HONG KONG (XFN-ASIA) - Share prices ended the morning session higher, reversing an opening fall triggered by profit-taking, as fresh funds flowed in even as trading was cautious after recent record-breaking runs, dealers said. They said HSBC rebounded today after yesterday's losses and led the market's gains. The overall trading stance continued to pace the market forward as buying was encourage ...

SYDNEY (XFN-ASIA) - Share prices closed higher as investor sentiment rose after shares on Wall St hit a fresh record high, dealers said. Lower metal prices overnight led to earlier selling in index leading resources BHP Billiton and Rio Tinto, which were partially unwound. The S&P/ASX 200 rose 27.1 points or 0.50 pct at the unofficial close of 5,419.7, advancing back towards the record close ...

HOUSTON (AFX) - Prosecutors are asking that two former Enron Corp. executives be given reduced sentences for their cooperation in their investigation and subsequent convictions of the company's top leaders. Michael Kopper, once the top lieutenant to former Enron chief financial officer Andrew Fastow, and Mark Koenig, the company's former investor relations director, will be sentenced separately F ...