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  • European shares down sharply on bond market sell-off Tuesday, 12 May 2015 | 3:31 AM ET

    LONDON, May 12- European shares fell sharply in early trading on Tuesday, as a further sell-off in global bond markets rattled investors. Yields continue to rise despite oil prices dipping, investors are selling German Bunds despite renewed worries over Greece. Of course, there is an overlap from what may be a bond market event into the equity space, " Ian Richards,...

  • May 11- Rackspace Hosting Inc, a web hosting company, forecast revenue for the current quarter below market estimates and said a strong dollar hurt its revenue growth in the first quarter. Shares of the company, which faces tough competition from Amazon.com Inc, Google Inc and Microsoft Corp were down 13 percent in extended trading on Monday.

  • May 11- Rackspace Hosting Inc's quarterly revenue fell below market estimates, hurt by a strong dollar, sending the web hosting company's shares down nearly 10 percent in extended trading. The company is facing tough price competition from Amazon.com Inc, Google Inc and Microsoft Corp for cloud services that includes online storage, processing power and...

  • PARIS/ MADRID, May 11- Shares in Airbus Group fell on Monday after the fatal crash of an A400M military plane weighed on Europe's largest and repeatedly delayed defence project, while the planemaker pledged to overcome the tragedy. The huge military plane crashed outside Seville on Saturday, killing four crew and prompting Britain, Germany, Malaysia and Turkey...

  • US STOCKS-Wall St mixed at open; energy shares fall Monday, 11 May 2015 | 10:27 AM ET

    *Rosetta soars as Noble Energy offers to buy company for $2 bln. *Zulily rises after Alibaba increases stake. Exxon Mobil shares fell 1.1 percent to $87.28.

  • By Saikat Chatterjee HONG KONG, May 11- Chinese stock index futures have surpassed S&P 500 futures in turnover to become the world's most traded equity futures as global investors expanded their exposure to one of Asia's top-performing markets. Turnover in the CSI300 futures contract expiring on May 15 has soared in recent weeks, in step with surging shares in...

  • PARIS, May 11- Shares in Airbus Group fell on Monday after the weekend crash of an A400M military plane increased investors' anxieties over Europe's largest and heavily delayed defence project, while the planemaker pledged to overcome the tragedy. The military plane crashed outside Seville on Saturday, killing four crew and prompting Britain, Germany and...

  • PARIS, May 11- Shares in aerospace group Airbus fell on Monday after the weekend crash of an A400M military plane during flight testing. The military plane crashed outside Seville on Saturday, killing four test crew and prompting Britain and Germany to ground Europe's new troop and cargo carrier.. Malaysia followed suit on Monday, but Airbus said it would...

  • TOKYO, May 11- Japanese stocks jumped on Monday to a near two-week high in heavy trade after China cut interest rates over the weekend while Wall Street gained on strong U.S. jobs data, helping offset a plunge in shares of Sharp Corp and Toshiba Corp. The Nikkei 225 ended 1.3 percent higher to 19,620.91, the highest closing price since April 28.

  • *Toshiba tumbles after canceling dividend, withdrawing outlook. TOKYO, May 11- Japanese stocks jumped on Monday morning after China cut interest rates over the weekend while Wall Street gained on strong U.S. jobs data, helping offset a plunge in shares of Sharp Corp and Toshiba Corp. Sharp tumbled 31 percent to 178 yen, the lowest since December 2012 after the...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion, as investor appetite for "fast-casual" dining chains continues unabated. Bojangles, which operates in the fastest-growing but crowded restaurant segment, serves southern U.S.-inspired food, including buttermilk...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion as investor appetite for "fast-casual" dining chains continues unabated. Bojangles' rousing debut follows the January listing of cult hamburger chain Shake Shack Inc, whose shares have risen about 44 percent since the...

  • Bojangles shares jump 47 pct in debut Friday, 8 May 2015 | 10:22 AM ET

    May 8- Shares of Bojangles Inc rose as much as 47 percent in its debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion. Advent's stake in Bojangles fell to about 74 percent after the offering from nearly 95 percent. Bojangles' shares were at $41.26 shortly after trading began on the Nasdaq on Friday.

  • *Shares in Barclays up 5.7 percent. *Shares in StanChart up 1.4 pct, HSBC up 1.1 pct. HSBC and Standard Chartered rose by 1.1 percent and 1.4 percent respectively.

  • Why investors are giving Alibaba's new CEO thumbs up Thursday, 7 May 2015 | 11:59 PM ET
    Incoming Alibaba CEO Daniel Zhang

    Alibaba has appointed Daniel Zhang as its new chief executive officer, with investors giving the move a thumbs up.

  • CBS profit hit by higher programming costs Thursday, 7 May 2015 | 4:14 PM ET

    May 7- CBS Corp, owner of the most-watched U.S. The company's net income from continuing operations fell to $394 million in the first quarter ended March 31 from $462 million, a year earlier. Earnings per share were unchanged at 79 cents as the weighted average number of common shares outstanding declined.

  • May 7- Shares in OvaScience Inc were up 8 percent on Thursday after the company announced the first birth of baby resulting from its experimental Augment fertility treatment. The OvaScience technology is in its very early stages and has yet to be proven to work on a large scale or cleared by regulators for use in the United States. OvaScience said its Augment...

  • *COO Daniel Zhang to become CEO, replacing Jonathan Lu. SHANGHAI/ HONG KONG, May 7- Alibaba Group Holding Ltd on Thursday posted a 45 percent rise in quarterly revenue, and shares of the Chinese e-commerce company jumped nearly 7 percent as investors cheered a smoother-than-expected transition to mobile transactions, which surpassed those from personal...

  • UPDATE 1-Telus profit rises 10 pct on strong demand Thursday, 7 May 2015 | 6:53 AM ET

    May 7- Telus Corp, one of Canada's three top telecommunications companies, reported a 10 percent rise in quarterly profit, helped by higher revenue from its wireless and wireline businesses. Telus raised its second-quarter dividend to 42 Canadian cents per share from 40 Canadian cents it paid in the first quarter. Telus' shares had risen 6.5 percent in the past 12...

  • May 6- Shares of Cablevision Systems Corp jumped as much as 8 percent after Chief Executive James Dolan said he would be interested in a "deal" with Time Warner Cable Inc, Comcast Corp and other cable operators. Cablevision, controlled by New York's Dolan family, operates primarily in the Greater New York area. CBS Corp's Sports Network joined Verizon's FiOS's new...