business - "market"

HONG KONG (MarketWatch) -- Huawei Technologies Co. is attracting interest from companies including AT&T Inc. (T) and Blackstone Group L.P. (BX) on its sale of more than 50% of its handset unit, the South China Morning Post reported Monday, citing unnamed sources.

SEOUL (MarketWatch) -- Creditors of Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) are considering withdrawing their offer to seek Goldman Sachs Group Inc.'s (GS) service as financial adviser to lead the sale of a controlling stake in the shipbuilder, Yonhap News Agency reported Sunday.

LAWYERS must start offering their clients 'more for less' if they are to survive in an increasingly competitive legal marketplace, according to a leading expert.

HONG KONG (MarketWatch) -- Asian stocks traded higher early Monday, with energy and steel shares such Japan Petroleum Exploration and Nippon Steel among gainers in Tokyo while BHP Billiton [s; au:bhp] led a broad advance among mining and resource shares. Tokyo's Nikkei 225 was up 0.9% at 14,343.19 while Sydney's ASX 200 added 0.7% at 5,975.70. Shares of Japan Petroleum were up 2.4%, while those of Nippon Steel added 2.7%. Miner BHP Billiton saw its shares advance 1.4%. South Korea's Kospi index was up 0.4% at 1,895.37Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Sell in May and go away...? The UK stock market has experienced a sharp rebound since the two-year low it hit in late March, taking it back to around the same level of a year ago before the credit cru...

Senate Banking Committee leaders said Monday that they have come to a deal on a housing bill that would prevent foreclosures, create affordable housing and revamp oversight of two of the mortgage market's biggest players: Fannie Mae and Freddie Mac.

The fall-off in new offerings in the London Aim market has hit UK brokerages particularly hard

As I see it today was nothing but a battle over control of the 200-day moving averages on the indices. The S&P 500 and Dow popped over their 200s early in the session and were cruising along until selling kicked in just before 2:00. By the close only the Dow remained above its [...]SHARETHIS.addEntry( { title: 'May 19, 2008 Stock market Recap', url: 'http://tradermike.net/2008/05/may_19_2008_stock_market_recap/' } );

The broker's capital markets division, which raises funds for Aim-listed companies and is its most profitable operation, has been particularly hit, with its UK and US businesses generating 'very low revenues so far this year'

AP - wall street ended mixed Monday after weakness in the technology sector punctured some of the market's enthusiasm over a report that suggested the economy could still be growing.