BOSTON COMPANIES - WORLD FOREX: Euro Extends Gains Vs Dlr On US Stocks - Wall Street Journal BOSTON COMPANIES - WORLD FOREX: Euro Extends Gains Vs Dlr On US Stocks - Wall Street Journal

Friday, February 6, 2009

BOSTON COMPANIES - WORLD FOREX: Euro Extends Gains Vs Dlr On US Stocks - Wall Street Journal

NEW YORK (Dow Jones)--The euro gained to session highs against the dollar and yen Friday morning after U.S. stocks opened strong and the appetite for risk grew. The Dow Jones Industrial Average was recently up more than 80 points on the day in Dow Jones News >

LOS ANGELES — News Corp., the global media giant controlled by Rupert Murdoch, said Thursday it lost $6.4 billion in its most recent quarter because of a massive write-down in the value of its assets. The New York-based company, which owns The Wall in Dow Jones News >

NEW YORK (Reuters) - Rupert Murdoch's News Corp posted its biggest ever quarterly net loss, after taking an $8.4 billion writedown for the value of its Dow Jones acquisition, broadcasting licenses and other assets. Excluding the charge, the results in Dow Jones News >

NEW YORK (Dow Jones)--John Paulson is best known as the hedge fund manager who called the subprime mortgage crisis spectacularly right, but his plea to Dow Chemical Co. (DOW) to complete its $15.3 billion acquisition of Rohm & Haas Co. (ROH) shows in Dow Jones News >

NEW YORK (Reuters) - Rupert Murdoch's News Corp posted its biggest ever quarterly net loss, after taking an $8.4 billion writedown for the value of its Dow Jones acquisition, broadcasting licenses and other assets. Excluding the charge, the results in Dow Jones News >

Feb. 6 (Bloomberg) -- European stocks rose, with the Dow Jones Stoxx 600 Index briefly erasing its 2009 decline, on optimism government measures will help revive global growth. BNP Paribas SA gained 4.9 percent as a U.S. Treasury official said in Dow Jones News >

MOSCOW (Dow Jones) -- Russian stocks are cheap and should demonstrate better performance than shares from other emerging markets in 2009, according to the head of Scandinavian investment group East Capital. "Russia should do better as the gap on a in Dow Jones News >

NEW YORK -(Dow Jones)- Corning Inc. (GLW) executives painted a sobering picture for the year but expressed optimism about the company's ability to take advantage of the opportunities that have emerged from the economic downturn. "It's really bad out in Dow Jones News >

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