Gainers & Losers
SEOUL - Shares in Samsung Electronics Co Ltd gained 2 percent on Thursday, as expectations for U.S. economic recovery - triggered by the Federal Reserve's decision to begin slowing its bond-buying program - lifted investor appetite for the index heavyweight.
HOUSTON - Exxon Mobil Corp stock on Wednesday neared $100 per share, the continuation of a rally fueled by investor expectations that the world's largest publicly traded oil company would return more cash to shareholders in coming months.
NEW YORK - Ford Motor Co warned Wednesday that the cost of launching new vehicles and a deteriorating Venezuelan economy would dent its profit next year, news that sent the No. 2 U.S. automaker's shares to their biggest one-day percentage drop in more than two years. | Video
- Shares of AMC Entertainment Holdings Inc, the U.S. theater chain controlled by Chinese billionaire Wang Jianlin, rose about 10 percent in their debut, valuing the company at $1.88 billion as it returns to public markets after nine years.
SEOUL - Shares in Hyundai Motor Co rose as much as 3.5 percent on Wednesday after a court decision soothed anxiety about a potential rise in its labor costs.
- 3M Co, whose products range from Post-It notes to films used in flat-panel TVs, said it could buy back up to $22 billion of shares in the five years through 2017, joining a list of companies announcing big capital returns to shareholders.
- Steelmaker Nucor Corp on Tuesday forecast a decline in fourth-quarter earnings and said it would temporarily suspend drilling of new natural gas wells with energy company Encana Corp because of weak prices.
- Targacept Inc shares lost nearly a third of their value before the bell on Tuesday, a day after the company said it would stop developing its experimental schizophrenia drug following disappointing trial results.
PARIS - Rexel's top shareholder, Ray Investment, said it sold a further 7 percent stake in the electrical equipment supplier, in a move that will see Bank of America Merrill Lynch exit the French company.
BOSTON - Herbalife Ltd on Monday said a new audit yielded no changes to its financial statements, sending its shares up by more than 9 percent and dealing a blow to hedge fund manager William Ackman, who is betting against the stock.