Share Prices News

Burberry has seen an increase in the price of its shares even though the fashion house has also recorded a drop in demand in China, one of the company’s key growth markets. Stock was up 13 per cent on news that other markets remained strong. For the half-year ending in September underlying revenues rose by eight per cent compared to that...

A proposed merger between EADS and BAE systems has hit a stumbling block as Lagardere a major shareholder in the European giant has expressed reservations regarding the deal. As it stands, a decision about the tie-up needs to be made by 10 October because of a deadline set by the UK’s Takeover Panel. However, a request for an extension from...

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...

Spain’s ailing economy has caused stock markets across Europe to fall. A general strike and fears that Greece is on the verge of exiting the single currency has also helped stocks to drop. A report from the Bank of Spain confirms that the country’s economy continued to shrink during the third quarter. Spain’s deepening recession and...

Shares in Carnival, the cruise ship operator, have risen as the company announced better than predicted results for the third quarter of the year. Analysts, and the cruise company, expected profits to be hit after the sinking of the Costa Concordia off the coast of Italy in January this year. However, a $1.33 billion profit for the three...

Shares in social network giant Facebook took a tumble at the beginning of the week after the respected markets publication, Barron’s, released a story in which it claimed that the website’s stock is still greatly overvalued. Since May, when Facebook listed on the stock exchange, the value of its shares has dropped by 40 per...

Stocks in Asia have slipped slightly as investors focus on the health of the global economy and lock in recent gains. The markets were recently stimulated by a decision by central banks to pump more cash into financial systems. Stocks in South Korea lost around one per cent but could rise again if Spain is awarded a bailout package and oil...

Chinese oil giant CNOOC could soon take control of Canada’s Nexen after shareholders approved a take over bid worth $15.1 billion. However, the deal is meeting with opposition from Canadian politicians and residents who do not believe that the country should hand its natural resources over to a wholly foreign owned firm. In July CNOOC...

A proposed tie-up between BAE Systems in the UK and aeronautical giant EADS would be positive for investors in both companies, claims EADS chief executive Tom Enders. He said that a rise in BAE shares and a drop in the value of EADS stock immediately following an announcement of the proposal happened because investors had been...

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...