Shares News

NEW YORK (AFX) - Wall Street ended an erratic week with a moderate advance Friday as investors welcomed a government employment report that painted the U.S. job market as robust heading into the holiday season, easing concerns that the economy is losing steam too quickly. The major indexes all posted gains for the week. The Labor Department report showed a slightly better-than-expected increa ...

(updates with full report) PARIS (AFX) - Share prices closed virtually unchanged having reversed afternoon losses as Wall Street shares crept higher after reassuring US jobs data, but investors were unwilling to take fresh positions ahead of the weekend, dealers said. The CAC-40 index ended up 4.95 points or 0.09 pct at 5,394.16, on total volume of 5.0 bln eur. 19 CAC-40 stocks closed down, 18  ...

LONDON (AFX) - British life insurer Prudential PLC is unlikely to attempt an outright sale of its underperforming UK business, despite widespread speculation that the company is planning a disposal of the unit, industry sources and analysts said. Yesterday, Prudential shares rose as much as 5 pct after a research note from JP Morgan Cazenove analyst James Pearce prompted renewed talk of a disposa ...

MIAMI (AFX) - World Fuel Services Corp. said Friday it declared a quarterly cash dividend of 3.75 cents per share. The dividend is payable Jan. 10 to shareholders of record on Dec. 22. World Fuel Services markets and sells marine, aviation and land fuel products and related services at more than 2,500 airports, seaports and tanker truck loading terminals. Copyright 2006 Associated Press. All ri ...

NEW YORK (AFX) - Nymagic Inc., an insurance holding company, said Friday its board declared a regular quarterly dividend of 8 cents per share. The dividend is payable Jan. 4 to shareholders of record on Dec 29. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

PHILADELPHIA (AFX) - Resource Capital Corp., a commercial real estate specialty finance company, said Friday its board declared a quarterly dividend of 38 cents per share, up a penny from the last quarter, and a special dividend of 5 cents per share. The dividends are payable Jan. 4 to shareholders of record Dec. 15. Copyright 2006 Associated Press. All rights reserved. This material may not be  ...

PARIS (AFX) - Share prices were lower in afternoon trading, having spiked briefly into positive territory after the release of better than expected US jobs data, as investors took their cue from opening weakness on Wall Street and locked in gains ahead of the weekend. At 3.53 pm, the CAC-40 index was down 26.23 points or 0.5 pct at 5,352.98, on volume of 3 bln eur. On the Matif, December CAC-40  ...

KANSAS CITY, Mo. (AFX) - Pork producer Premium Standard Farms Inc. said Friday its board declared a regular quarterly dividend of 6 cents per share. The dividend is payable Jan. 19 to shareholders of record Dec. 22. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

FRANKFURT (AFX) - German shares were lower in late afternoon trade tracking a lower opening on Wall Street as a better-than-expected jobs report eased concerns about the extent of a US economic slowdown, but also reduced the likelihood of the Federal Reserve cutting interest rates, dealers said. At 3.30 pm, the DAX 30 index was down 41.28 points or 0.64 pct at 6,371.75 having moved between a low  ...

PLEASNTON, Calif. (AFX) - Grocery-store operator Safeway Inc. said Friday it will increase its share buyback program by $500 million to a total authorization of $4 billion. The company has bought back $3.25 billion under the program and has $750 million left. The company also said it will pay a dividend of 5.75 cents per share will be on Jan. 19 to shareholders of record on Dec. 29. Safeway ope ...