Share Prices News Page 2

Protests in China sparked by Japan’s decision to buy a group of Islands China claims it already owns has seen share prices of Japanese companies operating in China fall on the Nikkei in Tokyo. Japanese firms have taken the decision to suspend operations at factories in China as many fear the protests could get worse. Nissan Motors has...

An announcement last week that the US Federal Reserve will be introducing measures to help boost the economy has helped to push the world’s stock markets to multi-month highs. The new securities buying programme has resulted in investors putting money into riskier stocks and assets. The markets are also being supported by expectations...

The proposed merger of BAE Systems in the UK with EADS, the European aerospace giant, has seen shares in both companies fall. Although BAE stock originally surged by seven per cent, the firm saw shares drop by 7.3 per cent yesterday. EADS shares initially lost five per cent of their value and have since dropped a further 10.2 per cent. The...

Shares in BAE systems, the UK defence contractor, have risen by around eight per cent on the news that it may be considering a merger with EADS, the European aerospace company. In a statement issued by BAE it was explained that the firms would operate as a single entity, but would remain separately listed on their respective stock...

Facebook founder and chief executive Mark Zuckerberg has admitted that the dramatic drop in the share value of the world’s largest social networking site is disappointing. Since being floated in May this year at $38 per share, Facebook’s stock value has nearly halved. Mr Zuckerberg was addressing a TechCrunch Disrupt conference when...

Glencore, the commodities firm, has renewed an offer for a merger with Xstrata, the mining group. The revised deal includes Glencore lifting its offer from 2.8 shares for every Xstrata share to 3.05 shares. The new deal also includes a provision that would mean Ivan Glasenberg of Glencore becoming head of the group six months after the deal...

Peugeot Citroen, the French automotive company, has been told that after 24 September it will no longer have a place on the Cac 40 index. The announcement is an embarrassment for a firm, which was one of the founding members of the index 25 years ago. Peugeot’s place on the Cac 40 is to go to Solvay, the Belgian chemical producer. The...

Shares in Lenovo, the Chinese computer manufacturer, have dipped following a decision by Japanese firm NEC to dispose of all of its stock in the company. NEC purchased more than 280 million shares in Lenovo as part of a deal which would see it retain 51 per cent of a new venture the two firms were working on to manufacture computers for the...

Japanese electronics manufacturer Sharp has seen its share value plunge further after the company reportedly agreed to reduce a stake sale price to Hon Hai Precision Industry of Taiwan. An eight per cent drop in share value on Monday followed a 13 per cent reduction on Friday following a decision by Standard and Poor’s to cut the firm’s...

Shareholders in US banker Citigroup have been awarded £370 million because of the subprime disaster which was one of the catalysts for the global financial crisis four years ago. Stockholders in the company believe they were not given enough information about just how exposed Citigroup was to toxic mortgages. Although the banker has...