News about 'shares'

Lenovo shares jump more than 4 percent after earnings beat forecast

Lenovo shares jump more than 4 percent after earnings beat forecast

May 23rd, 2013 - 07:30h (CET +01.00)

HONG KONG (Reuters) - Shares in Chinese personal computer maker Lenovo Group Ltd jumped more than 4 percent after it reported a forecast-beating 90 percent rise in quarterly profit, its fastest in seven quarters. The stock rose as much as 4.3 percent... [Full Article]

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Tech Mahindra shares jump after earnings results

Tech Mahindra shares jump after earnings results

May 22nd, 2013 - 06:10h (CET +01.00)

MUMBAI (Reuters) - Shares in Tech Mahindra Ltd rose as much as 6.8 percent on Wednesday after its January-March quarter net profit rose 24 percent, beating estimates. Tech Mahindra said its March-quarter consolidated net profit rose 24.4 percent to 3... [Full Article]

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World shares higher; S&P 500 at fresh all-time high

World shares higher; S&P 500 at fresh all-time high

May 21st, 2013 - 21:30h (CET +01.00)

By Ryan Vlastelica NEW YORK (Reuters) - Stock markets around the world edged higher on Tuesday amid signs of improving growth, even as uncertainties concerning monetary policy limited gains. The Dow and S&P 500 were at all-time highs while the do... [Full Article]

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Global shares grind higher, yen rebounds on minister's remarks

Global shares grind higher, yen rebounds on minister's remarks

May 20th, 2013 - 21:30h (CET +01.00)

By Herbert Lash NEW YORK (Reuters) - Global equity markets advanced on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan's economy minister suggested the ... [Full Article]

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Shares in Lloyds hit government break-even price

Shares in Lloyds hit government break-even price

May 17th, 2013 - 23:50h (CET +01.00)

By Matt Scuffham LONDON (Reuters) - Shares in state-backed Lloyds Banking Group rose above the level which the government sees as its break-even price after its 20.5 billion pound rescue of the bank, raising hopes of a sale this year. Lloyds shares, ... [Full Article]

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Dollar firmer on Fed remarks, Asian shares mixed

Dollar firmer on Fed remarks, Asian shares mixed

May 17th, 2013 - 06:50h (CET +01.00)

By Masayuki Kitano SINGAPORE (Reuters) - The dollar held firm near a 10-month high versus a basket of currencies on Friday after a U.S. Federal Reserve official said the central bank may begin to taper its asset buying this summer, while Asian shares... [Full Article]

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Cisco shares up sharply in relief rally after earnings

Cisco shares up sharply in relief rally after earnings

May 16th, 2013 - 17:00h (CET +01.00)

(Reuters) - Shares of Cisco Systems Inc rose as much as 14 percent on Thursday, a day after the company reported quarterly results and financial targets that were better than Wall Street expected. Cisco shares hit a multiyear high of $24.24 on the Na... [Full Article]

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Cisco quarterly profit beats Street, shares rise

Cisco quarterly profit beats Street, shares rise

May 15th, 2013 - 23:10h (CET +01.00)

NEW YORK (Reuters) - Cisco Systems Inc posted a higher than expected quarterly profit, suggesting that technology spending could be picking up for the network equipment maker's customers. Cisco shares rose about 5 percent after Chief Executive J... [Full Article]

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More top hedge funds dropped Apple shares in first quarter

More top hedge funds dropped Apple shares in first quarter

May 15th, 2013 - 22:20h (CET +01.00)

(Reuters) - One-time hedge fund darling Apple Inc was dropped by more well-known fund managers in the first quarter, including John Griffin and Chase Coleman. Shares of Apple were down $19.50, or 4.4 percent, at $424.36 in trading on the Nasdaq on We... [Full Article]

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Asian shares steady after 2-day losing streak, dollar pauses

Asian shares steady after 2-day losing streak, dollar pauses

May 14th, 2013 - 09:10h (CET +01.00)

By Chikako Mogi TOKYO (Reuters) - Asian shares steadied on Tuesday, snapping a two-day losing streak as a suprising rise in U.S. retail sales boosted optimism about the recovery in the world's largest economy, but the dollar took a breather afte... [Full Article]

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