GM says improved quarter shows signs of stability Nov 21, 2009
GM's shares are no longer listed on the New York Stock Exchange. But the automaker's bonds, which mature in 2033 and will be converted into equity in the new company, jumped $3. (Chippewa Falls Chippewa Herald, WI)
Japan's Latest Economic Ailment: Deflation Nov 21, 2009
Pedestrians are reflected in a window in front of an electric quotation board displaying the Nikkei key index of the Tokyo Stock Exchange in Tokyo. Toru Yamanaka / AFP / Getty. (Time.com)
Microsoft previews digital TV update Nov 21, 2009
In May 2003, Microsoft in United Kingdom-based Telewest Communications (now Telewest Broadband), selling its 23 percent stake for $5 million, after a 2000 stock exchange valued then at $2. 6 billion. (Yahoo News -- Digital and Interactive TV)
Bursa proceeds to de-list Nepline Nov 21, 2009
PETALING JAYA: Bursa Malaysia has decided to disallow Nepline Bhds appeal and will proceed to de-list the companys securities effective Dec 3, the company said in a stock exchange filing. Bursa said upon the de-listing, Nepline would continue to exist but as an unlisted entity. (The Star Online, Malaysia -- Business)
Wilmar, sugar ops lift PPB Group Q3 earnings Nov 21, 2009
Current year prospects amid continued uncertainties due to the global economic environment, fluctuating raw material prices and ocean freight rates would affect the groups profitability for the remainder of 2009, PPB told the stock exchange. Nonetheless, the groups full year performance is still expected to be better than last year before taking account the proposed disposals announced on Oct 30, it said. (The Star Online, Malaysia -- Business)
AirAsia plans listings in Thailand, Indonesia Nov 21, 2009
PETALING JAYA: Listing of its shares on Thailand and Indonesian stock exchanges is on the cards for Asias largest low-cost carrier AirAsia Bhd ... Earlier this month, the stock exchange in Thailand agreed to allow foreign companies to list from Dec 1 ... Fernandes could not say when the shares would be listed on the Thai stock exchange. (The Star Online, Malaysia -- Business)
KKR posts Q3 loss, upbeat on outlook Nov 21, 2009
KKR closed a long-awaited deal in October to buy its Amsterdam-quoted fund, becoming a Euronext-listed company and completing the first step toward an expected move to the New York Stock Exchange. Its third-quarter earnings the first as a public company give separate figures for KKR and the unit it combined with, KKR Private Equity Investors. (The Star Online, Malaysia -- Business)
US and global stocks fall Nov 21, 2009
Three stocks fell for every two that rose on the New York Stock Exchange, where consolidated volume came to 3 ... New York Stock Exchange. (The Star Online, Malaysia)
The invisible elephant Nov 21, 2009
In the social roller-coaster ride from former premier Thaksin to the kings health to the stock exchange, even talking about reports of rumours seems to be taboo ... Umm, there is a difference between reporting a rumour and reporting an analysts opinion that rumours are making the SET (Stock Exchange of Thailand) fall most people dont even dispute the fact that the rumours were making the SET fall, but simply reporting this as opposed to the rumour is verboten (forbidden), he blogged. (The Star Online, Malaysia)
Promoter entities sell 2.73 cr shares in TCS Nov 21, 2009
Three of these entities -- Sheba Properties Ltd, Tata Ltd, and The India Hotels Company Ltd -- offloaded their entire holding in the company during this period, while two others still have equity in TCS, after the shareholding movement from September 30, 2008 to November 17, 2009, as per the disclosure made by the TCS on the Bombay Stock Exchange. Jamsetji Tata Trust held 55,80,140 shares as on September 30, 2008, IT firm allotted 55,80,140 bonus share to it on June 18, 2008. (India Times)
* Business Briefs Nov 21, 2009
The company said in a stock exchange filing that it was responding to continual media speculation that it wanted to intervene in SMICs operation after the two reached an intellectual property lawsuit settlement last week, which allowed TSMC to receive a nearly 10-percent stake in the Shanghai-based chipmaker ... 8 billion (US$56 million) of Taiwan Power Co (Taipower, xq) corporate bonds in three tranches, according to filings to the Taiwan Stock Exchange yesterday. (Taipei Times, Taiwan -- World)
7 Days Group Holdings soars in 1st trading day Nov 21, 2009
93 on the New York Stock Exchange. Underwriters had expected the shares to fetch between $9 and $11 each. (KGW Northwest NewsChannel 8, OR -- Business)
Time for a breather Nov 21, 2009
MONTREAL - Asian stock exchanges began this week with a promising advance on Monday but Friday saw the MSCI Asia Pacific Index down for the fourth straight day, the longest losing streak in over four months ... The star performer this week was mainland China, where the Shanghai Stock Exchange Composite (SSEC) rose for the first four days of the week before settling back slightly to 3,320 late Friday afternoon or up 4 ... Resistance for the Taiwan Stock Exchange Composite (TSEC) is in the... (Asia Times Online)
Capital rules weighon Japan stocks Nov 21, 2009
More notably, the broader Topix index of all the Tokyo Stock Exchange First Section issues has fallen 2. 4% - the only major broad-based stock index in the world that has lost ground this year. (Asia Times Online)
Murdoch's News among possible MGM buyers Nov 21, 2009
80 at 4 p.m. in New York Stock Exchange composite trading. News Corp. Class A fell slid 46 cents to $US11. (Sydney Morning Herald -- Business)
Taking on the NY Times Nov 21, 2009
65 at 4:01 p.m. in New York Stock Exchange composite trading. The shares have risen 18 per cent this year. (Sydney Morning Herald -- Business)
Cadbury Should Consider Hershey Dual-Listing Merger, GFI Strategist Says Nov 21, 2009
30 at 4:01 p.m. in New York Stock Exchange composite. The Wall Street Journal reported the shipping delay earlier today. (Bloomberg -- Europe)
Rio's Cloud Peak IPO disappoints Nov 20, 2009
Cloud Peak shares are set to begin trading on Friday on the New York Stock Exchange under the symbol "CLD.". The IPOs underwriters, led by Credit Suisse, Morgan Stanley, and RBC Capital Markets, have the option to buy another 4. (Sydney Morning Herald -- Business)
AOL Will Eliminate 2,300 Jobs as It Seeks to Lower Costs by $300 Million Nov 20, 2009
30 at 4:15 p.m. in New York Stock Exchange composite trading. The shares, which Benchmarks Moran recommends holding, have increased 45 percent this year. (Bloomberg)
* World Business Quick Take Nov 20, 2009
8 million), Huaxia said in a statement to the Shanghai Stock Exchange. Deutsche Bank currently owns 13. (Taipei Times, Taiwan -- World)
* China Strategic counters reports on Nan Shan bid Nov 20, 2009
In a statement issued to the Hong Kong Stock Exchange, China Strategic said the US$2. 15 billion deal it announced on Oct. 13, along with investment partner Primus Financial Holdings Ltd, to purchase a 97. (Taipei Times, Taiwan -- World)
CF Investors Tender 62% of Shares to Agrium Offer, Same Support as in June Nov 20, 2009
87 at 4:15 p.m. in New York Stock Exchange composite trading ... 76 on the Toronto Stock Exchange. (Bloomberg -- Canada)
Nitesh estates plans to raise Rs 1000 cr via SPV share sale Nov 20, 2009
A person close to the matter said the hotel SPV would sell shares to private equity investors prior to its listing with a foreign stock exchange, preferably Singapore or London. The company would dilute over 70 per cent stake through stake sale and foreign listing , he added. (India Times)
BSE to shift currency, interest rate futures biz to USE Nov 20, 2009
MUMBAI: Asias oldest exchange, the Bombay Stock Exchange (BSE), is planning to shift its currency and interest rate futures business to the recently set up stock bourse, the United Stock Exchange (USE) ... Asias oldest exchange, the Bombay Stock Exchange (BSE), is planning to shift its currency and interest rate futures business to the recently set up stock bourse, the United Stock Exchange (USE). (India Times)
Mori Seiki to Raise $205 Million for Purchase of Sony Unit Operations Nov 20, 2009
The Nagoya-based company will also use the funds for capital spending, according to a statement to the Tokyo Stock Exchange. Its outstanding shares will increase by about 23 percent after the sale. (Bloomberg -- Japan)
Japan's Bonds Gain a Second Week on Outlook for Interest Rates, Deflation Nov 20, 2009
25 on the Tokyo Stock Exchange. The price was unchanged from yesterday. (Bloomberg -- Japan)
Stringer Sees 3D as Sony's Next $10 Billion Business; Investors Skeptical Nov 20, 2009
4 percent as of 10:22 a.m. on the Tokyo Stock Exchange, narrowing its gain this year to 25 percent. Japans benchmark slid 1 percent. (Bloomberg -- Japan)
Suzlon sells 35% in Belgian & Hansen Nov 20, 2009
Hansen shares are traded on the London Stock Exchange. Although we looked at all options, including a private equity deal, we chose to go down the public offer route to sell the stake this time, said Mr Sinha. (India Times)
History of Oil Discovery In Ghana-The EO Groups Role!!! Nov 20, 2009
Tribute should be paid to Mr.Ken Ofori- Atta who established the Ghana stock exchange (Databank) in Ghana. Dr. Manny Tuffour who established the Aniwaa Hospital at a location near Kumasi, Mr. Kofi Amoah who brought Western Union to Ghana and many others in various professional disciplines. (Ghana Web, Ghana)
ABN Amro gets new Dutch bail-out Nov 20, 2009
He also said the cash infusion would be the last granted by the government, which hopes to sell or list the bank on the stock exchange in the future. Bookmark with. (BBC News -- Europe)
Nickelback Confirms 2010 Dark Horse Tour Dates With Special Guests Breaking Benjamin and Shinedown Nov 20, 2009
The company is headquartered in Los Angeles, California and is listed on the New York Stock Exchange, trading under the symbol LYV. For additional information about the company, please visit. Buzz up. (Yahoo! Wire -- Entertainment News)
Emerging-Market Currency Measures Won't Reverse Gains, Brown Brothers Says Nov 20, 2009
The strengthening of the currencies were seeing in many emerging markets is caused by very solid growth expectations, improvement of credit fundamentals and stock exchange gains. I dont think they can totally stop the appreciation. (Bloomberg -- Latin America)
Brazil `Buy' Ratings Sink to Record Low as Mobius Sees Commodity-Led Gains Nov 20, 2009
The Bovespas valuation premium to the Bombay Stock Exchange Sensitive Index in India was 31 percent as of Oct. 31, Bloomberg data show. The price-earnings ratio was 20 percent less than Chinas Shanghai Composite Index, with a more than 50 percent discount at the beginning of the year. (Bloomberg -- Latin America)
Boeing May Lose $7.5 Billion Sale to Brazil as Senate Blocks Obama's Envoy Nov 20, 2009
43 in New York Stock Exchange Composite trading today. Sarkozy won Lulas backing for the Rafale in exchange for a promise to grant Brazil exclusive resale rights in Latin America, build some of the planes locally and buy 10 military transport aircraft from Sao Jose dos. (Bloomberg -- Latin America)
Harbinger shrinking at Times Nov 20, 2009
84 on the New York Stock Exchange, making Harbinger's stake worth about $186 million ... 84 on the New York Stock Exchange, making Harbinger's stake worth about $186 million. (New York Post -- Business)
Bid Farewell To Coupon Clipping? Nov 20, 2009
The grocery legend trades on the New York Stock Exchange as GAP, given that it was founded in 1859 - 110 years before the clothing chain bearing that name opened its first store. But these days, the grocery chain is trying to plot its tech future and has recently moved to one version of online coupons. (CBS News)
US stocks drop as recovery fears grow Nov 20, 2009
88 on the New York Stock Exchange, while Marvell Technology Corp shares declined 5. 1 per cent to $US15. (Sydney Morning Herald -- Business)
Rolled-gold platinum Nov 20, 2009
Aquarius Platinum, the biggest Australian-listed platinum producer, yesterday received a price query from the stock exchange about its recent share price rise from $5. 29 last Friday to $6. (Sydney Morning Herald -- Business)
Stronger Dollar, Weak Economic Data Pummels Stocks Nov 20, 2009
Traders work on the floor at the New York Stock Exchange in New York, Thursday, Nov. 19, 2009. (AP Photo/Seth Wenig) (AP). (ABC News -- Wire)
AOL cuts to hit Northern Virginia hard Nov 20, 2009
AOL went public in 1992, trading on the Nasdaq under the ticker symbol "AWOL." It moved to the New York Stock Exchange in 1996, trading under the symbol "AOL," the same ticker symbol it will have after its spinoff from Time Warner (NYSE: TWX) next month. AOL had more than 20 million subscribers at its peak. (Washington Business Journal, DC)
Stocks slide after signs of subdued recovery Nov 20, 2009
Five stocks fell for every one that rose on the New York Stock Exchange, where volume came to 1. 1 billion shares, in line with Wednesday. (MSNBC -- Business)
Japan's Nikkei index falls to 4-month low Friday Nov 20, 2009
New York Stock Exchange. Nasdaq Stock Market. (The Star Online, Malaysia)
Reckitt-Colgate merger in offing? Nov 20, 2009
Reckitt Benckiser owns products like Dettol, Cherry Blossom, Harpic Veet, Dispirin, Strepsils and Mortein in India, but is not listed on the stock exchange any longer, while Colgate Palmolive India has toothpastes, toothpowder and toothbrushes. The latter ended nearly flat on the BSE at Rs 679. (India Times, India -- Intl Business)
Turkcell Gains in Turkish Mobile Turmoil Nov 20, 2009
As the dust settles, the clear winner from the fracas is Turkcell, which is the third-largest mobile operator in Europe by subscribers and is the only Turkish company to be listed on the New York Stock Exchange. Although it has lost some customers this year, Turkcell managed to add a half-million "post-paid" subscribers those on contracts who receive monthly bills rather than prepaying for service via scratch-off cards or other means. (BusinessWeek)
Stocks Close Down For Second Day Thursday Nov 20, 2009
Five stocks fell for every one that rose on the New York Stock Exchange. Volume totaled 1. (KWTX.com, TX)
Hebei Sanyuan, CAG agree on split of Sanlu assets Nov 20, 2009
Hebei Sanyuan had found some Sanlu assets were defective or impaired after the bid, which could lead to malfunctions, Beijing Sanyuan Foods said in a statement to the Shanghai Stock Exchange Friday. Hebei Sanyuan Foods has agreed to pay 558 million yuan (81. (People's Daily Online, China)
Sands' Hong Kong IPO Seeks $3.4 Billion at Highest Valuation for Casino Nov 20, 2009
The sale will add to a tally of companies that have raised money through IPOs on the Hong Kong stock exchange in the prior two months, when 19 companies went public. The last time there were more initial sales was in the fourth quarter of 2007, data compiled by Bloomberg show. (Bloomberg -- Asia)
Galleon Insider Choo-Beng Lee Told Judge He Was Tipped by Source in Asia Nov 20, 2009
During the call, he gave me inside information about a publicly traded technology company whose shares are traded on the NASDAQ stock exchange. I then caused Spherixs hedge fund to sell short 205,000 shares. (Bloomberg -- US)
Oprah Winfrey to Announce End of Syndicated Talk Show on Today's Broadcast Nov 20, 2009
31 yesterday in New York Stock Exchange composite. The shares have gained 63 percent this year. (Bloomberg -- US)
Maxis opens first-day trade with 9% premium Nov 20, 2009
6bil, making it the fourth-largest company on the stock exchange and the third-biggest listed phone company in South-East Asia, according to Bloomberg data. Speaking after the listing of the securities yesterday, Maxis chief executive Sandip Das said the company hoped to maintain its earnings before interest, tax, depreciation and amortisation (ebitda) margin above 50%, moving forward. (The Star Online, Malaysia -- Business)
Sensex falls on weak global cues Nov 20, 2009
MUMBAI: The Bombay Stock Exchange 30-share index fell by 22 points at 1015 hours on Friday in sustained volatility caused by approaching expiry of futures ns contract ... The broader 50-share Nifty of the National Stock Exchange also dropped by 10. (India Times, India)
Malone Doesn't Rule Out DirecTV Takeover by AT&T or Verizon Communications Nov 20, 2009
11 in New York Stock Exchange composite trading, while Verizon fell 14 cents to $30. 52. (Bloomberg)
Re extends losses as shares fall Nov 19, 2009
In the currency futures market, the most traded near-month contracts on the National Stock Exchange and MCX-SX were quoting at 46. 5625 and 46. (India Times)
Walmart's $9 Book Pricing Not `Predatory,' Online Chief Raul Vazquez Says Nov 19, 2009
15 yesterday in New York Stock Exchange composite trading. Minneapolis-based Target fell 73 cents to $47. (Bloomberg -- US)
Vivendi Said to Seek More Cash From GE for Sale of Stake in NBC Universal Nov 19, 2009
09 on the New York Stock Exchange. Comcast 38 cents to $15. (Bloomberg -- US)
Deutsche Bank to be key player in China's Huaxia Bank Nov 19, 2009
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Chocolate war looms as Hershey, Ferrero mull Cadbury bid Nov 19, 2009
The pair said in separate statements to the London Stock Exchange on Wednesday that they were considering their options. "The Hershey Company notes the recent press speculation regarding a potential offer for Cadbury," Hershey said in a statement. (Yahoo! Asia News)
Bond yields steady as supplies wane Nov 19, 2009
In interest rate futures on the National Stock Exchange (NSE), the December contract was implying an yield of 7. 9930 percent, above its previous close of 7. (India Times)
Dainippon Sumitomo Shares Gain After Citigroup Raises Drugmaker's Rating Nov 19, 2009
The shares gained 7 percent to 945 yen as of 9:42 a.m. on the Tokyo Stock Exchange, headed for the biggest rise since June 12. The stock had the largest advance on the Nikkei 225 Stock Average, which fell as much as 0. (Bloomberg -- Japan)
Japan's 10-Year Yields Near Lowest in a Month After 20-Year Debt Auction Nov 19, 2009
25 at the afternoon close at the Tokyo Stock Exchange. Twenty-year yields slipped half a basis point to 2. (Bloomberg -- Japan)
Fluctuating markets have mixed results Nov 19, 2009
Major stock indexes had their third straight advance, reaching new 13-month highs, but there were more declining shares than advancers on both the New York Stock Exchange and the Nasdaq. Stocks zigzagged for much of the day on mixed news about retailers and industrial production. (Honolulu Advertiser)
Mitsubishi UFJ's Planned Sale Spells `Harsh World' for Japan Bank Rivals Nov 19, 2009
The first-quarter earnings were derived by subtracting from half-year figures reported in a statement to the Tokyo Stock Exchange yesterday. A plan to merge its brokerage unit with Morgan Stanleys Japanese securities division is also being revised, Mitsubishi UFJ said. (Bloomberg -- Japan)
Stocks Fall, Dragging Down Topix for Seventh Day; Mitsubishi UFJ Declines Nov 19, 2009
The Tokyo Stock Exchange Mothers Index for startups fell for a 13th day, the longest losing streak since the gauge was created in 2000. To contact the reporters for this story: in Tokyo at ; in Tokyo at. (Bloomberg -- Japan)
Rusal tests Hong Kong's waters Nov 19, 2009
MOSCOW - A quick walk from the Hong Kong Stock Exchange (HKEx) building on the waterfront in Central will take you to the ferry for Macau, where, in less than 60 minutes, you can be at the roulette wheel of the Sands Macau; and within a comparable interval you can gamble away a fortune ... According to one London securities lawyer, "The Hong Kong Exchange is in no better position to violate the law on fraud than the London Stock Exchange." ... A spokesman for Chow and Dickens, Scot Sapp [1],... (Asia Times Online)
Aetna To Lay Off 625, Including 160 Jobs In State Nov 19, 2009
21 Wednesday, up 6 cents on the New York Stock Exchange before the late-afternoon announcement. Copyright. (FOX61, CT)
