Shares News

HONG KONG (XFN-ASIA) - Share prices were lower in early trade on profit-taking in stocks which have been overbought and on consolidation after the market's recent strong gains, dealers said. At 10.37 am, the Hang Seng index was down 135.40 points or 0.71 pct at 19,047.31, off a low of 18,993.22 and high of 19,077.05. Turnover was 9.86 bln hkd. "There was profit-taking in various stocks whi ...

HONG KONG (XFN-ASIA) - Share prices are expected to open lower, following the falls in the Tokyo market this morning and on consolidation following recent gains, dealers said. But the market may shake off its opening weakness and post gains later in the day as many investors continue to chase stocks of select mainland Chinese companies on hopes they will benefit from economic growth in the mainla ...

SYDNEY (XFN-ASIA) - Seven Network Ltd rose to a record high after the company announced a 4.0 bln aud joint venture with US private equity firm Kohlberg Kravis Roberts, confirming earlier speculation. At 12:47 pm Sydney time (0147 GMT), Seven (SEV.ASX) was up 1.70 aud or 16.07 pct at a record 12.28 aud. The key S&P/ASX 200 index was down 31.4 points or 0.58 pct at 5,388.3 while the All Ordin ...

PARIS (AFX) - Gerard Mestrallet, chief executive of Suez, said revised financial terms for the company's merger with Gaz de France, which have long been expected by investors, will be announced by the end of this week. "The final terms will be good for shareholders," Mestrallet told a group of Suez investors on Saturday, organised as part of the Actionaria retail investors conference on ...

ITV, which is home to long-running soaps like Coronation Street and the pop talent show The X Factor, has been suffering from a dismal advertising market and a loss of audience share to the increasing numbers of digital channels.It is also without a chief executive after Charles Allen stood down recently.Earlier this year the company turned down a 130p per share offer from a private equity group i ...

Reuters19 November 2006 Universal Music Group, the world's largest music company, has filed a lawsuit against popular social networking site MySpace for infringing copyrights of thousands of its artists' works. WANT TO KNOW MORE? REPORT: YouTube launches copyright crackdown REPORT: Music giant sues MySpace 'pirates' DATA: Google OTHER STORIES Legal struggle over ITV future Foxtons shapes up for £300m flotation Market report: Yesterday's trading Cent ...