Share Price News News Page 4

As reported by the BBC, Randgold Resources shares have dropped nearly 13 percent following Mali’s military coup. The firm has three gold mines in the country, which account for the majority of its gold production. The firm says operations at Gounkoto and Loulo, as well as its Morila joint venture, are running normally. Renegade soldiers...

As reported by the BBC, Apple has announced its plans to start paying shareholders a dividend to buy back many of its shares. The tech giant stated that it would offer a quarterly dividend to investors of $2.65 per share. The firm will purchase up to $10 billion (£6.3 billion) of its own shares during the next financial year, starting on...

As reported by Reuters, market shares in BP increased less than many analysts had expected after the oil giant finalised a settlement worth around $7.8 billion with firms and individuals hit by the oil spill on the Gulf of Mexico. Investors said the legal settlement was generally lived up to expectations, but the reduced legal...

As reported by the BBC, the Indian government's efforts to sell a 5 per cent share in the Oil and Natural Gas Corporation slightly missed the set target amid fears that stakes were over-priced. It put up for sale 428 million shares at 290 rupees each, expecting to raise 124 billion rupees ($2.5bn; £1.6bn). However, it received offers for...

As reported by the BBC, shares in clothing company Gap went up 7% after reporting strong sales for February. Abnormally warm weather has persuaded American shoppers and the company said its spring items have been selling very well. With sales growing 12%, the firm’s Banana Republic chain also had a particularly strong month. After a...

As reported by the BBC, Apple's stock market value finished above $500 billion for the first time, solidifying its position as the globe’s most valuable company. Only six American firms have ever reached a value of over $500 billion. In 2007, oil giant Exxon was worth this much, while Microsoft was temporarily worth $600 billion in...

As reported by the BBC, India's Essar Energy shares have dropped by over 10% following the company’s reports of a post-tax loss for 2011. The firm saw a loss of $568 million for the calendar year, in comparison to its 2010 profit of $248 million. The company said 2011 had seen many challenges, with weaker refining margins and a lower...

As reported by Renew Economy, shares in the two largest solar energy firms jumped drastically last week following suggestions that 2012 sales would be stronger than previously forecast. Suntech, the globe’s largets maker of silicon solar panels, went up by 14% on Friday to $3.85 on the Nasdaq. Suntech said it had expected 2011 shipments...

As reported by the BBC, Billabong shares have gone up by over 60% as the firm announced a restructuring scheme after TPG Capital offered a takeover bid from. Billabong’s shares surged as much as A$2.93 (up from A$1.79) at the Australia Securities Exchange. The firm will sell off a stake of its Nixon brand, shut down unprofitable stores...

As reported by the BBC, for the first time ever, shares in technology firm Apple have exceeded $500 per stake. This marks an astonishing turnaround for the company, whose shares were in 1997 worth as low as $3.19, when it confronted the possibility of bankruptcy. The firm is now worth $460 billion. The firm’s revival by Steve Jobs, who...