ADVFN - Advanced Financial Network.
HOME» NYSE » H » HIT Stock Price » HIT Stock News

Hitachi Share News

 Hitachi, Ltd. Stock Price
HIT Stock Price
 Hitachi, Ltd. Stock Chart
HIT Stock Chart
 Hitachi, Ltd. Stock News
HIT Stock News
 Hitachi, Ltd. Company Information
HIT Company Information
 Hitachi, Ltd. Stock Trades
HIT Stock Trades

ADR Report: Shares Up As Gains Continue Into Holiday Weekend

By Ian Thomson Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- International companies trading in New York closed higher on light volume Friday, in line with the broader markets, as investors cheered the accelerating U.S. economy ahead of the three-day Christmas weekend. The Bank of New York Index of ADRs gained 0.6% to 119.92, aided by the energy sector. Venezuelan state energy giant Petroleos de Venezuela signed a supply contract with Spain's Repsol YPF SA (REPYY, REP.MC) and Italy's Eni SpA (E, ENI.MI) that will allow for development of the South American country's offshore Perla gas fields. Repsol shares rose 0.8% to $30.48 and Eni added 0.8% to $41.30. Shares in other European oil majors climbed as crude futures inched slightly higher ahead of the Christmas holiday. France's Total SA (TOT, FP.FR) increased 1.7% to $50.48, Britain's BP PLC (BP, BP.LN) gained 0.7% to $43.28, and Norway's Statoil ASA (STO, STL.OS) closed 0.7% higher at $25.69. The European index climbed 0.7% to 112.09. Dutch financial services company ING Groep NV (ING, INGA.AE) said it will raise around EUR745 million after tax from a EUR5.8 billion debt exchange aimed at boosting its capital buffers. The proceeds of the deals will be used to strengthen the capital position of ING's banking arm, which will continue on a stand-alone basis following the planned spin-off of its insurance business. Shares advanced 1.8% to $7.44. Vodafone Group PLC (VOD, VOD.LN, VODPF), a provider of mobile telecommunication services, said that it purchased 6.6 million of its ordinary shares on the London Stock Exchange via Deutsche Bank AG London, and that it intends to hold the purchased shares in treasury. Shares rose 1.3% to $27.72. The Asian index closed 0.5% higher at 113.62, and the emerging markets index rose 0.5% to 276.69. Yanzhou Coal Mining Co. (YZC, K3GD.SG, 600188.SH, 1171.HK) shares gained 7.2% to $21.47 after Gloucester Coal Ltd. (GCL.AU) said Friday that its largest shareholder Noble Group Ltd. (N21.SG) will accept a A$2.2 billion reverse takeover by the Chinese-controlled entity, all but sealing a deal that would make Yanzhou the largest stand-alone coal miner on the Australian stock exchange. Japan's Hitachi Ltd. (HIT, 6501.TO) signed a preliminary deal with Lithuania on the building of a new nuclear energy facility to replace a plant closed in 2009 in the Baltic state under an EU agreement. Hitachi's shares rose 1.2% to $52.41. Honda Motor Co. (HMC, 7267.TO) plans to make its vehicles lighter by adopting new design and assembly methods, The Nikkei reported early Saturday. The firm plans to revamp production lines in Japan and overseas and use the new methods on small vehicles initially, then on all models within several years. By making its automobiles lighter and cheaper, the carmaker aims to speed its advance into emerging markets, which is one of its top priorities. Shares increased 1% to $30.26. The Latin American index grew 0.4% to 335.10. The planned $3.51 billion purchase of a 21% stake in EDP-Energias de Portugal (EDPFY, EDP.LB) by China's Three Gorges Corp. is a positive for Brazilian unit EDP-Energias do Brasil (ENBR3.BR), says UBS. "We now see EdB as a consolidator more than a target." It adds the news is also good for Brazilian utilities Companhia Energetica de Minas Gerais (CIG, CMIG4.BR, CIGC), or Cemig, and Centrais Eletricas Brasileiras (EBR, ELET6.BR). Cemig climbed 2% to $18.03, and Centrais Electricas closed 0.7% higher at $9.80. Argentina's government passed legislation that caps foreign ownership of farmland at 1,000 hectares. Shares of Cresud SA (CRESY, CRES.BA), one of the country's top agricultural firms, gained 0.4% to $11.53. -By Ian Thomson, Dow Jones Newswires; 212-416-2314; ian.thomson@dowjones.com

Stock News for Hitachi (HIT)
DateTimeHeadline
03/06/201209:36:35Applications Given Early Antitrust Clearance
01/28/201207:21:10ASIA MARKETS: Asia Awaits Japan Earnings In Week Ahead
01/05/201217:52:11ADR Report: Shares Fall On Resurging Fears of Euro-Debt Issues
12/23/201116:45:33ADR Report: Shares Up As Gains Continue Into Holiday Weekend
12/19/201122:08:34Hitachi President: Concerned About Further Delays In Sale Of...
12/13/201116:56:19DOJ: 3 Hitachi-LG Data-Storage Executives To Plead Guilty To...
12/13/201116:36:35PRESS RELEASE: THREE HITACHI-LG DATA STORAGE EXECUTIVES AGREE...
12/04/201120:34:13Hitachi: Transfer Of HDD Operations To Western Digital To Be...
11/23/201106:59:33EU Clears Western Digital Buy of Hitachi Hard Disks, With Conditions
10/29/201107:20:24ASIA MARKETS: Japan Earnings, China Data On Tap For Asia
09/30/201114:02:29Hitachi-LG Data Storage Charged With Bid Rigging; Plea Deal Expected
09/28/201108:13:11Japan, Vietnam Move Ahead On Nuclear Reactor Plans, Despite Fukushima
09/21/201115:26:26WSJ: Prices For Rare Earths Seem To Settle After Two-Year Run
09/14/201110:39:50NTPC Executive: Shortlisted Doosan, Bharat Heavy For Power Gear
09/08/201109:29:38EU Almunia:Proposed Deutsche Borse, NYSE Merger Requires Sophisticated...
07/12/201104:50:01EU Court Annuls Some Fines On Gas Insulated Switchgear Cartel
06/08/201106:17:19CORRECT: Hon Hai Chairman: Mulling Building New Plants In Africa
06/08/201104:34:18Hon Hai Chairman: Mulling Building New Plants In Africa
05/30/201112:42:23EU Opens Probes Into Two Hard Disk Drive Sector Acquisitions
05/25/201111:09:30GE Vice Chairman Sees Nuclear Sector Delays After Japan Crisis

Hitachi and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad