FOREXLEARNING

eBay shares plunge in Frankfurt trade »

FRANKFURT (Reuters) – Shares in internet auctioneer eBay (EBAY.O) plunged in Frankfurt floor trade on Thursday, after the company forecast results for the remainder of 2010 below Wall Street expectations.

Asian Markets

By 0712 GMT, Frankfurt-listed shares in eBay (EBAY.F) were down 8.1 percent.

“The forecast for eBay fell short of analysts’ expectations,” a Frankfurt-based trader said.

Qualcomm (QCOM.O), [...]

IBM raises outlook but shares retreat »

NEW YORK (Reuters) – IBM (IBM.N) raised its full-year outlook and reported stronger-than-expected quarterly results as companies increased spending on software and IT consulting, but the news failed to excite investors who had already begun to price in a strong recovery.

Shares of IBM fell 2 percent despite the positive numbers, mirroring the performance of other [...]

London shares rise (AFP) »

LONDON (AFP) – FTSE 100 shares were firmer at the end of trade on Thursday as commodity prices surged.
London's benchmark index was up 1.15 percent to close at 5,744.89 points.
Lloyds Banking Group (LBG) was the most traded stock, seeing 157 million units change hands, followed by Vodafone, which saw 137 million shares [...]

Rite Aid forecast worse than expected; shares down »

NEW YORK (Reuters) – Rite Aid Corp (RAD.N) posted a worse-than-expected quarterly loss and forecast a wider fiscal year loss than Wall Street was anticipating, sending its shares down 8.8 percent.

Asian Markets

The results marked the No. 3 U.S. drugstore chain’s 11th straight quarterly loss, one which the company attributed to a mild cold and flu [...]

Seoul shares slip but defense, tech issues advance (Reuters) »

SEOUL (Reuters) – Seoul shares slipped 0.1 percent on Monday, with the sinking of a South Koreannaval ship weighing on sentiment, but continued foreign buying and rises in key technology and auto blue chips lent the market support.
Analysts played down the impact of naval ship incident, as Seoul stocks posted minor losses and [...]

London shares rise, boosted by Lloyds (AFP) »

LONDON (AFP) –
Leading shares rose in early deals on Friday, boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.
of top shares gained 0.63 percent to 5,678.21 points in late morning trade.
,” said IG Index analyst Philip Gillett.
jumped 9.25 percent to 60.69 pence.
Partly-nationalised [...]

KKR to list shares on NYSE (AP) »

NEW YORK – KKR & Co. LP, the parent of private equity firm
.
KKR originally sought a public listing in the U.S. in July 2007, hoping to raise up to $1.25 billion, after competitor
raised $4.1 billion in an initial public offering. KKR shelved that plan due to the financial crisis.
Instead, KKR merged [...]

Boston Scientific suspends ICD sales; shares slump »

(Reuters) – Boston Scientific Corp said it has suspended sales of its implantable heart defibrillators after failing to notify regulators of changes in how it manufactures the devices. It said patient safety was not at risk.
The company’s shares fell 16.45 percent to $6.50 in midday trading on the New York Stock Exchange.
Boston Scientific [...]

General Growth shares rise in Big Board return (Reuters) »

.N) rose on Friday, their first day back on the
, even as the U.S. mall owner operates under bankruptcy protection.
were up 2.3 percent to $14 in late morning trade. The shares had hit a high of $14.40 earlier in the session.
U.S. REIT Index (.RMZ), which was up 1.3percent.
Although rare, General Growth [...]

General Growth Properties to relist shares on NYSE (AP) »

., which last year filed the largest U.S. real estate bankruptcy case in history, said Tuesday that it applied to relist its shares on the
.
General Growth said its shares will start trading on the NYSE on Friday under the ticker symbol “GGP.” General Growth shares currently trade over the counter.
., which controls [...]