Share Trading News Page 1

Shares were slightly up across Europe at the end of the week as traders expect an announcement by China it is to introduce further measures to stimulate economic growth. However, investors are remaining cautious because of uncertainty surrounding Spain’s ability to initiate the fiscal reforms and spending cuts it will need for a financial...

A return to the Tokyo Stock Exchange by Japan Airlines has seen a strong demand for shares, which have risen in value by 2.6 per cent. Nearly three years ago the flag carrier was forced to file for bankruptcy and was removed from the stock exchange. Shares were relisted at 3,790 yen and have since risen in value to 3,890 yen. The initial...

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...

A private equity group has offered to buy Chinese advertising firm Focus Media. The consortium has said that it is willing to pay $27 per share for the company which was recently embroiled in accusations of accounting fraud. The offer means that the group, which includes Focus Media’s chief executive, has valued the advertiser at around...

A sharp swing in stock prices has caused the New York Stock Exchange to investigate a spate of irregular trading. Stocks in 140 companies were being traded at higher than normal volumes including American Airlines and Citigroup. However, trades have only been cancelled in six stocks. The abnormal trading has brought back memories of the...

UBS has blamed a loss of 349 million Swiss francs on problems associated with the flotation of Facebook. The Swiss bank is claiming that a mishandling by Nasdaq meant that it ended up with far more shares in the social networking site than it had initially ordered. Facebook shares have tumbled in price following the stock exchange...

Manchester United Football Club has announced plans to list on the New York Stock Exchange. The club aims to sell 16.7 million shares at as much as $20 each in an effort to raise $330 million. The decision follows a fall in revenue over the last year after the team saw its Champion’s League hopes dashed. Manchester United said that it...

Manchester United football club has announced its tentative plan to move its upcoming stock market flotation from Singapore to the United States. Previously, Manchester United was planning a $1 billion share sale at the Singapore Stock Exchange. If its share listing is moved, this would be the most recent in a series of cancelled or...

As reported by the BBC, social network giant Facebook has valued share prices for its highly-anticipated share flotation. The company announced on Thursday that it had priced shares at $38 each, and would begin trading them in New York on Friday. At this value, the eight-year-old company will be worth $104 billion. Demand is expected to be...