European shares pared losses to close mixed on Friday with investors cautious after a passenger jetliner was shot down in eastern Ukraine.» Read More
*Investors wary after Malaysian plane downed over Ukraine. LONDON, July 18- European shares edged lower on Friday as the downing of a passenger plane over Ukraine stoked tensions between Russia and the West and outweighed some strong earnings reports from Sweden.
*Ericsson surges after earnings to provide support. LONDON, July 18- European shares fell on Friday as the shooting down of a passenger plane over Ukraine stoked tensions between Russia and the West and sapped appetite for assets which depend on economic growth.
*Ericsson surges after earnings to provide support. EDINBURGH, July 18- European stocks fell on Friday, extending losses made late in the previous session after a passenger plane was shot down over eastern Ukraine, stoking tensions between Russia and the West.
STOCKHOLM— Wireless equipment maker Ericsson says second-quarter profit rose 76 percent to 2.7 billion kronor mainly due to higher margins on its premium products, lower restructuring charges and improved overall efficiency.
WASHINGTON— Conference Board releases leading indicators for June, 10 a.m.. General Electric Co. reports quarterly financial results before the market opens. AB Volvo reports second-quarter results.
TOKYO, July 16- Japan's KDDI Corp and Sumitomo Corp, in partnership with Myanmar's state-backed telecoms operator, plan to invest about $2 billion over the next decade to expand service in one of the world's least-connected countries.
WASHINGTON— Commerce Department releases retail sales data for June, 8:30 a.m.; Commerce Department releases business inventories for May, 10 a.m.. BERLIN— Germany's ZEW institute releases its monthly index of investor confidence in Europe's biggest economy.
For the larger companies, the initiative ensures that their own suppliers are robust and "demonstrates a recognition that a healthy supply chain is good for business," the White House said in a statement.
June 18- Contract electronics maker Jabil Circuit Inc reported a smaller-than-expected core loss for the third quarter, helped in part by lower restructuring charges. The company, whose top customers include Apple Inc, Cisco Systems Inc and Ericsson, reported a core loss of 6 cents per share.
LONDON, June 3- European shares gave up some of their recent gains in early trade on Tuesday ahead of fresh inflation and unemployment data from the eurozone.
The cost-intensive cellular baseband business has been losing market share and has weighed on Broadcom's margins. Broadcom on Monday said it would sell or wind down the business as soon as it could, saving some $700 million annually.
Hong Kong, May 22- China Mobile Ltd has awarded its second batch of 4 G contracts, with ZTE Corp and rival Huawei Technologies Ltd securing the bulk of the deal, two industry sources with direct knowledge of the situation told Reuters on Thursday.
WASHINGTON, May 20- President Barack Obama gathered executives from several major international companies on Tuesday, including Ford Motor Co and Deutshe Lufthansa AG, to discuss a White House initiative to encourage investment in the United States.
President Obama will gather business leaders on Tuesday to boost a program the White House says has helped bring $18 billion in investments.
Shares of RF Micro, whose customers include Apple Inc and Samsung Electronics Co, rose about 7.5 percent in extended trading after the chipmaker also posted a better-than-expected profit for the fourth quarter.
April 29- RF Micro Devices Inc, a maker of chips that connect mobile devices to networks, forecast quarterly revenue above analysts' estimates due to higher demand from smartphone makers.
*Infineon, Nokia lead tech share rally after good results. LONDON, April 29- European shares rose on Tuesday, led by tech stocks as estimate-topping results from chipmaker Infineon and telecommunication gear maker Nokia brightened the outlook for the sector.
HELSINKI, April 29- Nokia named the man who led a turnaround at its main telecoms network business as its new chief executive on Tuesday, boosting investors' confidence in the future of the company following the sale of its once dominant handset arm.
*Infineon, Nokia lead rally in tech shares after results beat. LONDON, April 29- European shares rose on Tuesday, led by tech shares as estimate-topping results from chipmaker Infineon and telecommunication gear maker Nokia brightened the outlook for the sector.
Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday.