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Sanofi-Aventis slashes share earnings forecast for 2006
AFP - French pharmaceutical group Sanofi-Aventis has slashed its 2006 earnings per share forecast from 12 percent to just two percent due to competition for its blockbuster blood-thinner Plavix from a generic drug.
Nasdaq considers hostile bid for LSE: report
Reuters - Nasdaq Stock Market Inc is
considering making a hostile bid for the London Stock Exchange
, in which it has amassed a stake of over 25 percent,
weekly UK newspaper The Observer said on Sunday, without citing
any sources.
Volatile week in store for markets; data may shed light on pace of US downturn
Canadian Press - TORONTO (CP) - It could be a volatile week for stock markets as traders get back to their desks from vacation and prepare to take in data that will hopefully give further indications of the steepness of the U.S. economic slowdown.
LSE says not heard anything new from Nasdaq
Reuters - There has been no recent contact from
Nasdaq Stock Market Inc. over a possible fresh bid for the
London Stock Exchange, LSE Chairman Chris Gibson-Smith said on
Tuesday.
Nikkei falls as Softbank and Yahoo suffer
Reuters - The Nikkei average fell 0.62 percent on
Wednesday as Softbank Corp. (9984.T) and Yahoo Japan Corp.
(4689.T) declined on a bearish broker report from Credit
Suisse, while recent gainers such as Canon Inc. (7751.T) also
came under pressure.
Nikkei falls 1.5 pct by midmorning, Sony slides
Reuters - The Nikkei average fell 1.5 percent by
midmorning on Thursday with blue-chip issues weak amid concerns
over the U.S. economy and Sony Corp. down on a delay in the
European launch of its video game console.
Early stock market signals mostly positive, oil price below US$67
Canadian Press - TORONTO (CP) - Global indicators were mostly positive for North American stock markets early Friday while oil prices fell below US$67 a barrel.
Stock markets will find it tough to find traction amid US economic worries
Canadian Press - TORONTO (CP) - Stock markets will likely find it tough slogging this week following a series of losing sessions last week and investors likely to express continued concern about the health of the U.S. economy.
Nikkei ends down 1.8 pct after weak machinery data
Reuters - The Nikkei average fell 1.78 percent on
Monday to its lowest close in two weeks as surprisingly weak
machinery orders data spurred selling of machinery shares such
as Fanuc Ltd. (6954.T).
Stock futures down after attack in Syria
AP - U.S. stock futures edged lower after the U.S. embassy in Syria was attacked by several gunmen, with investors also looking ahead to data on the U.S. trade deficit.
Nikkei up on chip stocks but metal firms lower
Reuters - The Nikkei average rose 0.64 percent by
midafternoon on Wednesday on gains in chip stocks including
Advantest Corp but falls in metal stocks due to lower
commodities prices curbed gains.
Nikkei rises on exporters
Reuters - The Nikkei average rose 1.22 percent on
Thursday as Wall Street's gains fueled buying of exporters such
as Honda Motor Co. Ltd. and a rebound in crude oil and other
commodities prices lifted trading houses such as Mitsubishi
Corp.
Stock market signals mostly positive amid Ford job buts, plant closures
Canadian Press - TORONTO (CP) - Global indicators were mostly positive for North American stock markets early Friday while Ford Motor announced major job cuts in an accelerated restructuring plan.
Top French companies post record half-year earnings
AFP - Companies listed on France's CAC 40 stock index have raked in record earnings in the first half of this year, boosted by strong international trade, but analysts warned that second half growth could slow.
European attention focused on Scania
FT.com - Early attention focused on Scania after the Swedish truckmaker rejected a EU9.6bn offer from MAN as European equity markets made a cautious start on Monday on a light day for corporate earnings releases and economic data.
Nikkei flat, exporters up but drug shares down
Reuters - The Nikkei average ended nearly flat on
Tuesday as exporters rose on a weaker yen, but gains were
capped as Lehman Brothers lowered its rating on Takeda
Pharmaceutical Co. Ltd. (4502.T) and the drug sector.
Stock futures higher after Oracle report
AP - Oracle Corp.'s surprisingly strong quarter helped steer U.S. stock market futures on a rebound path on Wednesday, though with a Federal Reserve interest-rate decision on tap, gains were limited.
Nikkei inches up but capped as bank shares weak
Reuters - The Nikkei average gained 0.7 percent on
Thursday, rebounding from Wednesday's five-week closing low, as
investors were lured to Shin-Etsu Chemical Co. Ltd. (4063.T)
and other companies with earnings prospects.
FedEx Dips After Reporting Stronger Earnings
BusinessWeek Online - FedEx Corp. on Sept. 21 reported stronger than expected quarterly earnings results, while expressing confidence in both its own and the U.S. economy's growth prospects. However, its stock fell after the company issued guidance that was below consensus analyst forecasts.
Cognos Earnings Dip, But Stock Jumps On Positive Forecast
TechWeb - The business intelligence vendor says earnings and sales of software licenses dipped in the fiscal second quarter.
Investors look to U.S. housing data after New York markets drag the TSX down
Canadian Press - TORONTO (CP) - Investors will be looking to United States housing data to set the tone for stock trading this week, after disappointing U.S. indicators dragged the Toronto market down amid fears that an economic slowdown will move north.
Nikkei little changed in afternoon trade, KDDI up
Reuters - The Nikkei average was little changed on
Monday afternoon, as shares of KDDI Corp. (9433.T) and some
other recent losers gained on the assumption their prices had
fallen too far, while shares of real estate firms were hit by
profit-taking.
Wall Street seen edging lower, confidence data eyed
Reuters - U.S. shares are expected to open weaker
on Tuesday, giving back some of the previous session's gains,
as oil rebounded above $61 a barrel and amid caution ahead of a
consumer confidence report.
Early market signals strongly positive, crude oil prices head higher
Canadian Press - TORONTO (CP) - Global indicators were strongly positive for North American stock markets early Wednesday while crude oil prices rose.
Stock futures flat, GDP data eyed
Reuters - U.S. stock futures were little changed
on Thursday ahead of a revision of second quarter U.S. gross
domestic product (GDP) data, with investors also wondering if
the Dow can set a new record close in the coming session.
Early stock market signals mostly positive ahead of Canadian GDP report
Canadian Press - TORONTO (CP) - Global indicators were mostly positive for North American stock markets early Friday, ahead of Canada's gross domestic product report, due at 8:30 a.m. ET
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