• Most Popular
  • Most Shared

Investment Outlook Summit

Photo

Reuters talks to portfolio managers and strategists to find what's on the horizon. Learn how to position your portfolio in the year ahead.   Full Coverage 

Infineon shares up over 5 percent on takeover talk

FRANKFURT
Fri Jul 4, 2008 6:11am EDT

Stocks

   
Infineon's BGA728L7 low noise amplifier in an undated photo. Shares in the German chipmaker rose on Friday, with traders citing unspecified takeover rumors. REUTERS/Handout

FRANKFURT (Reuters) - Shares in German chipmaker Infineon (IFXGn.DE) rose more than 5 percent on Friday, with traders citing unspecified takeover rumors.

Asian Markets

At 5:23 a.m. EDT, Infineon traded 5.5 percent higher at 4.875 euros. It was the leading gainer in Frankfurt's top-30 DAX index and also outperformed the DJ Stoxx European technology index, which was up 0.7 percent.

(Additional reporting by Amanda Cooper and Sitaraman Shankar in London and Blaise Robinson in Paris)

(Reporting by Peter Starck)
Asian Markets


More from Reuters

Photo

Iraq oil deal auction a "success," sees huge output

BAGHDAD (Reuters) - Iraq, emerging from the shadow of war, expects to boost its oil output to rival the level of top producer Saudi Arabia after awarding some of its most attractive oilfields to global oil companies this week.

» More Top News
A model gets prepared backstage ahead of a wedding dress show at China Fashion Week in Beijing
Fashion & Style:

Flowers, church, liposuction?

Brides and grooms are opting for cosmetic surgery and other procedures, supplementing veils and cummerbunds with Botox and liposuction. Women say they want to look good for photos, but men are a different story.  Full Article 

Lifestyle
Sam Worthington and Zoe Saldana as her digital character Neytiri in a scene from "Avatar". Credit: REUTERS/Twentieth Century Fox/Handout

Will Cameron change Hollywood again?

Beyond the hype and buzz, James Cameron's $400 million "Avatar," one of the most expensive films ever made, is being closely watched for its impact on the future of movies.  Full Article 

Entertainment