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Technology stocks dove into the red Friday as the sector weighed the implications of semiconductor giant Intel Corp. lowering its first-quarter revenue forecast. Before the market opened, Intel (INTC) cut its sales outlook to between $8.7 billion and $9.1 billion from a previous forecast of $9.1 billion to $9.7 billion. The world's No. 1 chipmaker blamed the cut on weaker-than-expected demand a ...

SAN FRANCISCO (Dow Jones) -- Google Inc. rose modestly Friday, after executives reminded investors that the company aggressively plans to pursue a global advertising opportunity worth more than half a trillion dollars. "I think they did a good job of painting a big picture of growth opportunities in new products and new markets, which is what one would expect going in," said Rob Sanderson, an a ...

By Chris Nuttall in San FranciscoPublished: March 3 2006 15:08 | Last updated: March 3 2006 20:30Intel, the world's largest chipmaker, on Friday disappointed the market for the second time in six weeks with its sales figures, blaming weaker demand for its processors and market share loss to AMD, its biggest rival. Intel, which has abandoned its practice of mid-quarter updates, issued a revenue wa ...

BOSTON (Dow Jones) - Capital Research and Management Co. remained the biggest U.S. manager of stock and bond mutual funds as of Jan. 31, while Fidelity Investments edged out Vanguard Group to grab the No. 2 spot, according to data obtained Friday from the industry's main trade association. Los Angeles-based Capital Research, investment adviser to the American Funds, managed $889 billion in long-t ...

SAN FRANCISCO (Dow Jones) -- Automotive supplier Dana Corp., whose shares have lost more than half their value during the past two sessions, threw its U.S. operations into voluntary Chapter 11 bankruptcy protection Friday, conceding that they were no longer able to meet financial commitments. The announcement comes shortly after the company said that it had missed some $21 million in debt payme ...

London's top two telecommunications companies, BT Group and Vodafone Group, on Friday starred in London trading, with the fixed-line giant rallying on a report that private-equity firms may band together to try to buy the U.K. telecommunications giant, while Vodafone Group soared after saying it may get rid of its troublesome Japanese arm. BT Group (BT) rose as much as 7% after a report in The Ti ...

Investors have had little difficulty making money in the last couple of years. Share prices have risen; commodity prices have soared; bond yields have stayed low and the extra spread paid by risky borrowers such as emerging markets has fallen. // There is a respectable bullish case for these developments. The emergence of Asia and China has lowered labour costs, improving corporate profits and th ...

Fri 3rd Mar 2006 Norwich Union With-Profits Funds have today had their average market value reduction (MVR) decreased. With-profits funds invest customers' money in a range of assets such as bonds, property and equities. Profits and losses are then shared out equally among investors. The bank claims that the Norwich Union With-Profits Fund is intended to provide a "smoothed investm ...

U.S. stocks shot into positive territory at lunchtime Friday, as a drop in crude-oil prices and some positive economic data helped the market absorb an Intel revenue warning that some investors said came as little surprise. Trading, however, played out against a backdrop of growing concern about rising interest rates both in the United States and abroad, and about what the impact would be on ec ...

Silver prices held above $10 a troy ounce for the second successive day, a feat the metal has not achieved for 22 years, buoyed by expectations that US authorities might soon pave the way for an investment product that could make it easier for investors to buy and sell the metal. // Silver reached an intra-day high of $10.31 a troy ounce on Friday after rising more than 4 per cent in the previous session. The gains came amid a wave of investor buying on expectations of an announcement by the Se ...