Shares News

By Eric Auchard SAN FRANCISCO (Reuters) - Facebook is making sweeping changes to the world's largest social networking site, aiming to give users more control and to curb new forms of spam, company officials said late on Sunday. Facebook's redesign aims to make user profiles more dynamic by giving more prominence to the newest information, and it is cracking down on applications that ...

It has been confirmed this morning that only 8.29% of shareholders of HBOS have signed up to the £4 billion rights issue. This amount was marginally worse than the market was expecting after Sunday papers suggested yesterday that the amount was a little as 10%. HBOS, which is the UK’s largest mortgage lender, will still receive the £4 billion it requires as the unsold stock worth £3.5 billion wi ...

Simon English, Evening Standard21 July 2008, 9:12am Chat | Data Shares in HBOS came under yet more pressure today after Britain's biggest mortgage lender revealed its £4bn rights issue was an even worse flop than the market was expecting. Passed by: HBOS shareholders have said thanks but no thanks to the company's rights issue WANT TO KNOW MORE? HBOS rights issue likely to fall flat Is it time to buy Bradford & Bingley? Should you stick by the bank shares fans ...

LONDON (Thomson Financial) - Leading shares look set for a flat start to the week following a mixed performance on Wall Street Friday, with investors likely to remain jittery amid concerns over HBOS's fund raising attempts. Spread-bettors Betonmarkets.com expect the FTSE 100 index to open 2.6 points firmer, having closed up 90.1 points at 5,376.4 on Friday. Wall Street ended Friday's session mix ...

SEOUL (Thomson Financial) - South Korean shares closed sharply higher on Monday, with the KOSPI staging its largest percentage gain in more than five months as investors rushed to snap up oversold stocks, with sentiment lifted by lower oil prices and better-than-expected earnings at some U.S. banks. Local banking stocks outperformed, helping the benchmark index recover most of its heavy losses la ...

TAIPEI (XFN-ASIA) - Share prices closed sharply higher in a broad rally, with the benchmark index regaining the 7,000-points level, as worries eased over the financial sector and oil prices fell sharply last week. The financial sector index surged more than 6 pct after US banking giant Citigroup announced better-than-expected second-quarter results. Other sectors were also lifted by bargain-hunt ...

MOSCOW, July 21 (Reuters) - Here are events and news stories that could move Russian markets today. You can reach us on: +7 495 775 1242 STOCKS CALL (Contributions to moscow.newsroom@reuters.com): Olma- A rise is possible at the start of trade after a very steep decline on Friday. Aton- We expect the market to open up. EVENTS [RU-DIA] (All times GMT): MOSCOW- Russia's No. 2 gold miner, Peter ...

SYDNEY (Thomson Financial) - Australian shares closed with more than a 3 percent gain on Monday, staging the biggest one day rise in four months, with financial stocks making strong gains as concerns about the state of credit markets eased. "We're not yet in a rally but it's looking better everyday," said Michael Heffernan, a private client advisor at Sydney stock broking firm, Reynolds ...

SYDNEY (Thomson Financial) - Australian shares closed with more than a 3 percent gain on Monday, staging the biggest one day rise in four months, with financial stocks making strong gains as concerns about the state of credit markets eased. "We're not yet in a rally but it's looking better everyday," said Michael Heffernan, a private client advisor at Sydney stock broking firm, Reynolds ...

FRANKFURT (Thomson Financial) - Lehmanb Brothers cut its stance on IVG Immobilien AG. to 'underweight' from 'equalweight' and raised its rating on Deutsche EuroShop AG. to 'overweight' from 'underweight' in a note in which the brokerage reaffirmed its 'neutral' position on the German real estate sector. The brokerage said that it continues to see the German property market showing above-average r ...