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Chips lift technology sector
27 Jan 2006 source: marketwatch.com

SAN FRANCISCO (MarketWatch) - Microsoft Corp., Broadcom Corp. and PortalPlayer Inc. were among the leading gainers as technology stocks started higher in early trading Friday, lifted by gains from the chip sector.  SILICON ETFs SymbolFund NameLast Price% Daily Return IGN iShares:GS Network Idx 35.07 +3.94% IGW iShares:GS Semicndctr 68.52 +2.65% IGV iShares:GS Sf ...


EUROPE MARKETS: European Steel Sector Strong On M&A, Earnings ...
27 Jan 2006 source: morningstar.com

LONDON (MarketWatch) -- Mittal Steel's offer to buy rival Arcelor for $22.7 billion helped fuel already upbeat European shares Friday. Shares in Arcelorrocketed about 36% in Paris once trading resumed after the deal was announced. Peer ThyssenKrupp, which has agreed to buy Canada's Dofasco from Mittal if the Arcelor offer proceeds, climbed about 7%.ThyssenKrupp also reported that provisional ...


YRC Worldwide's shares dip as much as 3% after results
27 Jan 2006 source: marketwatch.com

NEW YORK (MarketWatch) -- Shares of YRC Worldwide Inc., one of the largest trucking companies in the U.S., fell as much as 3% on Friday as investors digested its fourth-quarter results and 2006 profit forecast. EARNINGSWATCH Microsoft shares gain in wake of results P&G net gains 29% on Gillette deal; lifts outlook ITT Industries swings to loss on charges Guidant reports lo ...


U.S. Dec. new home sales rise 2.9%
27 Jan 2006 source: marketwatch.com

WASHINGTON (MarketWatch) -- Sales of new U.S. homes increased a surprising 2.9% in December to a seasonally adjusted annual rate of 1.269 million, the Commerce Department reported Friday. document.write('');   MARKETWATCH TOP NEWS U.S. GDP slows to 1.1% annual rate in fourth quarter Pfizer retracts CEO's report that FDA cleared Exubera Microsoft shares gain in wake of res ...


Black & Decker profit dips, sales rate to slow
27 Jan 2006 source: marketwatch.com

SAN FRANCISCO (MarketWatch) -- Black & Decker on Friday said its fourth-quarter profit fell 26% due largely to a currency charge and warned that its growth will slow in the coming months. EARNINGSWATCH Microsoft shares gain in wake of results P&G net gains 29% on Gillette deal; lifts outlook ITT Industries swings to loss on charges Guidant reports lower sales, profit f ...


Bankruptcy pushes UAL Corp. loss to $7B
27 Jan 2006 source: marketwatch.com

SAN FRANCISCO (MarketWatch) -- United Airlines' parent UAL Corp. on Friday reported almost $17 billion in red ink for the fourth quarter as the bankrupt airline accounted for unsecured creditor claims ahead of its emergence from Chapter 11 next month. document.write(''); EARNINGSWATCH Microsoft shares gain in wake of results P&G net gains 29% on Gillette deal; lifts outlook ITT ...


Microsoft may still face EU fine
27 Jan 2006 source: bbc.co.uk

Microsoft's offer to allow rivals access to its software blueprint may not be enough to prevent European Union action, the EU has warned. The EU has threatened to fine the group 2m euros (£1.4m; $2.4m) a day if it fails to supply adequate information about its server programs. Brussels will decide whether the offer is enough when it receives full details, a EU spokesman says. The news came as Microsoft posted a 5% rise in quarterly profits to $3.65bn. The group said the launch of the Xb ...


Bush ready to fill two Fed vacancies: WSJ
27 Jan 2006 source: marketwatch.com

WASHINGTON (MarketWatch) - President Bush is ready to fill two vacancies on the seven-member Federal Reserve, according to a media report Friday.   MARKETWATCH TOP NEWS U.S. GDP slows to 1.1% annual rate in fourth quarter Pfizer retracts CEO's report that FDA cleared Exubera P&G net gains 29% on Gillette deal; lifts outlook Microsoft shares gain in wake of results  ...


T. Rowe Price's profit higher on advisory revenue gains
27 Jan 2006 source: marketwatch.com

BOSTON (MarketWatch) -- T. Rowe Price Group Inc.'s fourth-quarter profit gained by 21%, the company reported Friday, as higher advisory revenue helped the money manager top analyst estimates. EARNINGSWATCH Broadcom stock surges after profit ITT Industries swings to loss on charges Gannett profit declines 9.2% as political ads dry up Chevron earnings rise 21%, but fall short of  ...


Broadcom stock surges after profit
27 Jan 2006 source: marketwatch.com

SAN FRANCISCO (MarketWatch) - Shares of Broadcom Corp. were up 18% Friday in premarket trades after the chipmaker delivered strong first-quarter profit and said it would buy back stock. EARNINGSWATCH Chevron earnings rise 21%, but fall short of forecast GEO Group to take $21 million fourth-quarter charge Broadcom stock surges after profit Nucor sees 1Q earns well ahead of Wall  ...


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