Blue-chips and large tech stocks continued to drive U.S. stocks higher at midday.
European bourses surged on the first day of worldwide
overcame a slow start to close higher.
In Asia, Japan's
plunged 426.28 to 13,415.89, and Hong Kong's
shed 242.87 to 9805.71. For more markets action and news, click
BEL:NYSE) has confirmed that it is in talks to buy
ATI:NYSE), its partner in joint venture
PrimeCo Personal Communications
DCX:NYSE) is delaying the consolidation of its two financial services arms,
, without setting a new target date.
EGRP:Nasdaq) announced that it will split its stock 2-for-1 at the end of the month.
Objections from the
Federal Trade Commission
Imperial Chemical Industries'
ICI:NYSE ADR) plan to sell its
Pool Energy Services
PESC:Nasdaq) said it is once again in merger talks with
NBR:AMEX), whose previous takeover offer Pool rejected last October.
For more news on companies and stocks, click
International trading of the
has begun worldwide.
chairman Bernhard Walter said the company is still looking to acquire a U.S. bank and plans to list on the
New York Stock Exchange
German media company
has restructured into three holding companies, thus splitting its broadcasting, investment and pay-TV operations.
For more international news and commentary, click
INTC:Nasdaq) has introduced two new Celeron chips running at 366 and 400 megahertz.
Electronic Data Systems
EDS:NYSE) to help the state privatize its information technology initiative in the first such contract for any state.
Internet software company
SPYG:Nasdaq) said it expects a fiscal first quarter loss in connection with delays in licensing revenue recognition.
For more tech news and commentary, click
U.S. manufacturing activity declined for the seventh straight month in December, according to the
National Association of Purchasing Management
In a spirited speech to his Cabinet on Sunday,
said that Iraq will continue to regard U.S. and U.K. patrolling of the no-fly zones as a violation of Iraqi airspace.
The U.S. Embassy in Tel Aviv reopens today after closing last week in response to terrorist threats.
The final issue of
The Chattanooga Times
is on newsstands today. The paper's merger with crosstown rival
Chattanooga Free Press
leaves only 52 U.S. cities with more than one daily newspaper.