British Energy shares up 5.5 percent (AP) Shares in British Energy Group PLC rose 5.5 percent Friday after the company disclosed that it had received takeover bids higher than Thursday's closing share price.
Fri, 16 May 2008 09:21:44 Etc/GMT
BHP shares rise on rumor of Chinese deal (AP) The Australia-listed shares of BHP Billiton Ltd. rose more than 4 percent Friday to a record high of $46.74 amid further speculation about Chinese interest in a stake in the company.
Fri, 16 May 2008 07:17:32 Etc/GMT
LG Display sinks after Lehman downgrade (Reuters) Shares in South Korea's LG Display plunged as much as 6.7 percent after Lehman Brothers downgraded its rating on the company and the whole LCD sector, citing worries of oversupply and weaker profitability.
Fri, 16 May 2008 02:16:15 Etc/GMT
Movers roundup: Ericsson, Incyte (AP) U.S.-traded shares of LM Ericsson AB jumped Thursday after the Swedish wireless equipment maker's capital markets day eased concerns about the company's prospects.
Thu, 15 May 2008 23:02:03 Etc/GMT
Movers roundup: CNET Networks, Tiffany (AP) CNet Networks Inc. shares rose to a 52-week high Thursday after the company and CBS Corp. said that CBS will buy the online news and information provider for about $1.8 billion in cash.
Thu, 15 May 2008 22:56:55 Etc/GMT
Movers roundup: Fannie Mae, Freddie Mac, Palm (AP) Shares of Fannie Mae and Freddie Mac dipped, then recovered Thursday, as Senate lawmakers tried to reach a deal to give the government enhanced powers over the two mortgage finance companies.
Thu, 15 May 2008 22:56:18 Etc/GMT
Sector roundup: Payday lenders, banks (AP) Shares of payday lenders barely budged Thursday after Ohio passed a law making the business tougher in the state. NEW YORK -- Shares of national and regional banks were mixed in Thursday after Federal Reserve Chairman Ben Bernanke said banks need to beef up their risk-management capabilities in the wake of the recent credit crisis.
