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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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BRUSSELS, May 16- China threatened on Thursday to retaliate if the European Union formally opens an investigation into alleged anti-competitive behaviour by Chinese mobile telecom equipment companies.
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BRUSSELS, May 16- China threatened on Thursday to retaliate if the European Union formally opens an investigation into alleged anti-competitive behaviour by Chinese mobile telecom equipment companies.
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U.S. stock index futures were flat Thursday as investors digested a handful of weaker-than-expected economic data against upbeat earnings report from Cisco.
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*EU Commission will first seek agreement with China. BRUSSELS, May 15- The European Commission warned China on Wednesday it was ready to launch an investigation into anti-competitive behaviour by producers of mobile telecommunications equipment, opening a new front in a trade offensive against a key partner.
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BRUSSELS, May 14- The European Commission plans to send a formal warning to China that it is ready to levy trade duties against telecoms equipment makers Huawei Technologies Co Ltd and ZTE Corp over what it says are illegal subsidies, people close to the matter said.
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BRUSSELS, May 14- The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE Corp over illegal subsidies, people close to the matter said.
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*Stresses network know-how, mobile synergies as plus for Sprint. TOKYO/ NEW YORK, May 7- SoftBank Corp President Masayoshi Son may get a frosty reception when he comes to the United States this week to meet Sprint Nextel Corp's.
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*SoftBank president to meet Sprint's institutional shareholders. *Stresses network knowhow, mobile synergies as plus for Sprint. TOKYO, May 7- SoftBank Corp's president said he will go to the United States on Tuesday to meet Sprint Nextel Corp's major shareholders to seek support for the Japanese company's takeover bid.
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STOCKHOLM, May 3- Ericsson expects cut-throat competition between telecoms equipment makers as China prepares to spend billions of dollars on high-speed networks, punishing margins at a time when profitability is already under pressure.
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STOCKHOLM, May 3- Ericsson expects cut-throat competition between telecoms equipment makers as China prepares to spend billions of dollars on high-speed networks, punishing margins at a time when profitability is already under pressure.
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May 2- Alcoa Inc plans to invest $275 million over three years to boost the capacity of a Tennessee plant to produce aluminum sheet for the automotive industry, the company said on Thursday. Alcoa will expand the facility in Alcoa, Tennessee, and convert some of its can sheet capacity into automotive sheet production.
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May 2- Alcoa Inc said on Thursday it would invest $275 million over three years to expand a Tennessee facility, boosting its capacity to produce aluminum sheet for the automotive industry.
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*To further expand North American automotive sheet capacity. *Says $275 million investment in tenn. to capitalize on value-added growth. *Says the Tennessee expansion is scheduled to begin this month and be.
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May 1- Alcoa Inc said on Wednesday it is considering curtailing its aluminum production, a move that could affect up to 11 percent of its global smelting capacity. The company said it is reviewing 460,000 tonnes of smelting capacity for possible curtailment over the next 15 months. It already has 13 percent of its capacity idled.
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*To review 460,000 metric tons of smelting capacity for possible curtailment. *Says currently, the company has 13 percent, or 568,000 metric tons of. *Says review will include facilities across the Alcoa system and will focus on.
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HONG KONG, April 29- The next CEO of China's Huawei Technologies Co Ltd will not be a family member of the incumbent chief, Ren Zhengfei, an ex-military officer who founded the company 26 years ago and built an empire that now rivals big global names in telecom gear and handsets.
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April 29- Alcatel Lucent SA:. *Nomura cuts target price to 1.11 euros from 1.17 euros; rating neutral. Reuters Station users, click. 1580.
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Huawei already took a chunk of Europe's fourth generation mobile contracts last year, so another big win for it could be especially tough for middle of the pack gear makers like Nokia-Siemens Networks and Alcatel-Lucent. "China will blow everything else away in terms of volume this year," said David Geary, head of Alcatel-Lucent's wireless division.
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April 26- Alcatel Lucent SA:. *Alcatel-Lucent SA: Raymond James cuts price target to $2.25 from. Reuters Station users, click. 1568.